CEO W. Stavropoulos A product of Dow Chemicals

Even if you dont know or have never heard the firstborn thing about Dow Chemical, even if you dont know that the accompany does $24 billion in sales, and even if you dont know that the Dow corporation has been well-nigh for cardinal hundred years, it is entirely possible that you have at least one of their over 2,400 products in your kitchen cabinet, underneath your sink, or in your laundry room. The company keeps their hands in some(prenominal) proverbial cookie jars. While being directly liable for products like Ziploc bags, Sprayn Wash and Glass Plus, they also manufacture the tractile for the housings of computers and lesser-known products like insulation paneling.

Former President and Chief operating(a) Officer William Stavropoulos began as a research chemist for DOW in 1967 and went on to hold up the companies CEO in 1995 (retired 2000). In an oppugn with Professor Richard Hodgetts, he gave insight on the companys ongoing missionary post to improve the quality of life while leaving the purlieu a healthy place. Stavropoulos collective-participative decision-making style helped the firm become a better place to work. He believed in communication, which is one of the most important aspects of running a company.



Instilling the inclination that the more information people have, the less bureaucracy there ordain be in the company, the better [on the spot] decisions that people will be able to make, the company invested in 38,000 face-to-face computers, Intranet and training to enhance communication efforts. (Hodgetts) He phased out spare layers in management and cut the work force by 30% all while divesting unprofitable product lines the company had carried for years. From research and development to the balance sheet, Stavropoulos has in depth fellowship about all aspect of the company.

Of course the biggest challenge in restructuring the company was for...

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