Carlos Ghosn Case Study

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Nominated as “Asia Business Leader of the Year” by CNBC in 2001 and “Man of the Year” by Forbes in 2003, Carlos Ghosn is one of the most successful Arab origin leaders who was able to impact the extreme conservative culture and economy of Japan through rising its second largest car manufacturer, Nissan from the dead. He merged it with one of the largest French car manufacturer, Renault and reversed Nissan from a net loss of $6.46 billion to a net profit of $4 billion, creating a threatening competition in the auto market industry (Profile: Carlos Ghosn, n.d.). His historical achievements promoted him in 2011 as the first man in the world to be the Chairman and CEO of two Fortune 500 companies. Carlos Ghosn’s multicultural background from Brasil, Lebanon, and France made him see the world differently, a world with no cultural boundary. (Profile: Carlos Ghosn, n.d.).…show more content…
Thus, valuing the employee’s welfare and minimizing the work stress (Humphrey, R., 2013). According to Teresa (2013), there are five steps that leaders should follow to develop that emotional bond; first of all, leaders should be aware of their own emotions in order to empathize with others’ thoughts or emotions. Therefore, they should admit and recognize their emotions and feelings to be able to relate to the employees. Secondly, leaders should not judge their emotions despite their position in the business hierarchy otherwise followers’ emotions will be judged rather than understood. In the third step, leader are ready to look for employees’ thoughts, experience or emotions that are revealed through the employee’s facial expression or mostly through the discussion. Fourthly, leaders should put themselves in the shoes of their followers to fully understand them and cooperate with them. Finally, the last step involves the leader to practice for his expertise, patience and

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