"William Stavropoulos": The Successful decision making styles of the CEO of Dow Chemical Corporation, William Stavropoulos.

Dow Chemical Corporation is the fifth largest chemical company in the world. In recent years the company has undergone massive restructuring in an effort to become even more productive and aerodynamic than ever before. William Stavropoulos, president and chief operating officer, is the singular individual most responsible. This contribute allow focus on what type of decision-making style that Mr. Stravropoulos embraced as he built his legacy in Dows history. This essay result also describe how Mr. Stavropoulos relates the impact of those decisions to Dows corporate structure. The information in this essay is from a collection of existing data and personal observation. Before examining his decision making style, it is important to look at a few of the bold choices that he and his team act made for Dow, and how those choices impacted the company. In an article entitled Dow Chemicals CEO William Stavropoulos on structure and decision making, author Richard Hodgets quote s from his extensive oppugn with the Dow CEO. When asked what types of decisions he has made in recent years, Mr. Stavropoulos answered: we examined all of our products and our businesses and we asked: Where atomic number 18 our intact strengths? Where can we be world leaders, either at present or two or three years from at present?

afterwards gathering all the related data, they began to realize that different competitors already too heavily dominated certain areas of their topical market. Because of this, they proceeded to rifle over $10 billion of business as bandings and send the capitol into areas th at would fail compliment Dows chances for s! uccess. The strategy behind the restructuring was designed to set standards for all(prenominal) business, increase productivity, change the corporate culture to better guard the strategy, and promote overall growth. Over $2.7 billion in approach were cut during this transformation. Though these changes required many... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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