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Decision Making In Dow Chemical Essay

772 words - 3 pages

In this case report we will analyze the interviewing's article of Richard M Hodgetts to find out the decision making style of Mr. Stavropoulos, a former CEO of Dow Chemical, and discover how he saw the relationship of decision making to corporate structure.Mr. Stavropoulos's Decision Making Style? According to the Decision Making Styles described by the Leadership Management Development Centre there are four basic decision making styles as follows (this list does not contain the full definitions of each style):- Democratic decision making is when the leader gives up ownership and control of a decision and allows the group to vote.- Autocratic decision making is when the leader maintains total control and ownership of the decision.- Collective-Participative decision making is when the leader involves the members of the organization.- Consensus decision making is when the leader gives up total control of the decision. Based on the definition, I can say that Mr. Stavropoulos' style is the combination of both Collective-Participative (CP) and Autocratic (A) style.He is a CP Style, because: - He always involved the people for any changes that affect them. He said, "The first step in affecting cultural change is getting people to embrace it." Then he communicated with the people and educated them about the changes.- He set the company's core values to "ensure that we were fair in downsizing, treated people well, helped them get repositioned." These core values were the road map for any decision the company made.- During interviewing, he always used the "we" pronoun when talking about what the company and its people have done rather than used "I". In fact it is just about 10 times he used "I".He is an A Style, because:- After realizing what the vision the company should be , he was very strong-minded to executive the vision and led the company to that direction. In just 4 years he had...

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