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Thursday, April 4, 2013

Dow Chemical Board Of Directors Decision Making

The Dow Chemical Company was founded in 1897 by Herbert H. Dow with the intent to prevarication and sell bleach. For over 100 historic period Dow has been at the head word of technology, with success in research, innovation and manufacturing. For the next 30 years the company expanded into agricultural chemicals, food preservatives and gasoline additives. In 1935 Dow began developing one its most famous commodities: plastics. The 1960s were a benchmark decade for the company: sales exceeded $1B for the first time, a one-shot measles vaccine was introduced, Ziploc bags were invented and the Apollo 8 spacecraft left the earths tune using Dow plastics as heat shields. By the mid 1980, sales had passed $10B. In 1999, Dow merged with chemical giant Union Carbide. Dow continues to be a leader in plastics, chemicals and hydrocarbons.

        Dows Chief Executive incumbent (CEO), William Stavropoulos, entered the position for the second time in December 2002. He previously held the position of CEO from 1995-2000. Dow Chemical has undergone significant castrate to its organizational social organization in recent years. Mr. Stavropoulos has taken conclusive action to improve the companys financial performance. Mr. Stavropoulos is making changes to the corporate structure of the company to better suit his autocratic decision-making style.

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        One of the happen upon changes has been the reorganization of the levels of leadership at Dow and removed six layers of perplexity between himself and the lowest level of employee.# The decrease in levels of bureaucracy will make his autocratic decision-making style more effective. agree to Dr. Moshe BenBassatt, CEO of ClickSoftware, in his writings on decision-making, the most flourishing service organizations maintain a high level of persistence between the varying levels of decision-making functions, from strategic to operational.# The success at Dow seems to demo that this method of removing layers of bureaucracy works...

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