CHARAN 6661

BIOGRAPHY

Ram Charan was born in India. He is one of the most famous advisers for his strange skill of solving business problems. He is known for developing what it is called a budget of growth, helping the meetings to go beyond the requirements of the Sarbanes-Oxley Law and the New York Stock Exchange. His advice consists of improving the group dynamics with the aim that this is reflected in the business planning. He is a man recognized throughout the world due to his numerous degrees that he possesses among them: MBA of Harvard Business School as well as being a Baker Scholar. In addition, among his major contributions in the managerial panorama, with emphasis on: the bestseller Execution: The Discipline of Getting Things Done and Confronting Reality, co-authored with Larry Bossidy, What the CEO Wants You to Know, Boards at Work, Every Business Is a Growth Business, Profitable Growth, and Boards That Deliver.

HOW THE CEO OF DUPONT REACTED TO THE CURRENT ECONOMIC CRISIS

In this text one speaks about DuPont's CEO (Mr Holliday), who on having visited the CEO of one of the most prestigious Japanese companies, had witnessed the spread of the worldwide economic crisis that gave place to which such big economic powers as Russia or Western Europe were afraid of its solvency due to the fact that among other reasons, the credit was disappearing which was stopping the companies without liquidity to finance its economic operations.

This way, the measures taken by DuPont's CEO since his arrival to the United States was to invoke the Corporate Crisis Plan, formed by business high places, in which one was trying to see the reasons that gave place to the above mentioned crisis as well as to figure out a solution to get out of it.
Thanks to the professionalism and the high degree of qualification of the persons who worked with the above mentioned plan, one managed to reduce costs which helped to that the actions directed to the conservation of ready money were consolidated by rapidity.
DuPont's initial reaction to the spreading economic crisis took place in less than six weeks.

Finally, similar situations in the future settled the overall situation and they being able to solve.
In conclusion it is necessary to emphasize Chad Holliday as a modal for leadership assuming risks and accepting the change in taking decisive measurements.

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