HBR IdeaCast

The Rise and Fall of Carlos Ghosn: Part 1

Jun 3, 2021
The dramatic rise and fall of Carlos Ghosn unfolds, captivating listeners with his transformation from celebrated CEO to fugitive. Learn how cultural divides and intense press scrutiny shaped his journey. The podcast delves into Ghosn's strategic turnaround efforts at Nissan and Renault, while examining the complexities of cross-cultural leadership. Thought-provoking insights about corporate power dynamics and the influence of technology on future business resilience are also discussed, highlighting lessons we can learn from Ghosn's controversial saga.
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ANECDOTE

Ghosn's Cost-Cutting at Renault

  • In 1997, Carlos Ghosn, still in his early 40s, closed a Renault plant in Belgium, laying off 3,300 workers.
  • This cost-cutting move, though controversial, was key to Renault's turnaround and established Ghosn's reputation as "Le Cost Killer".
ADVICE

Ghosn's Management Style

  • Create cross-functional teams to foster collaboration and break down silos.
  • Push your team members to exceed their perceived limitations, while also instilling confidence.
ANECDOTE

Ghosn: The Intellectual Car Guy

  • Unlike typical "car guys" in the auto industry, Ghosn was an intellectual.
  • His intense, gregarious, and focused demeanor set him apart.
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