Word: ghosn
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...TIME: What has been the hardest thing to change? Ghosn: Establishing or restoring a sense of emergency, and the necessity of speed - in action and in getting results...
After renault took a controlling stake in nissan in 1999, the French carmaker sent in Carlos Ghosn, a Brazilian-born, 47-year-old turnaround expert, to lead the overhaul. TIME's Tokyo bureau chief Tim Larimer recently spoke with Ghosn about the most dramatic makeover to date of a Japanese company...
...TIME: In the 1980s, everybody wanted to copy the Japanese way of doing business. What happened? Ghosn: Twenty years ago, the Americans in fact adapted the best practices of the Japanese system to their industry. The American car industry rebounded. Part of this was because they redefined themselves and adapted the best practices and didn't care where they came from...
...CARLOS GHOSN Nissan...
...Brazilian-born Ghosn is widely admired for his revival of Nissan. Lately he's a fashion role model for Japanese executives. The stocky, thin-haired CEO doesn't look like GQ material. But profiles in Japanese media have focused as much on his dark, stylishly tailored suits, colorful ties and rimless eyewear as on his management skills. Masakatsu Ochiai, a Tokyo fashion writer, says traditionally staid Japanese businessmen think that "if they can dress like Ghosn, they will be like...