Carlos Ghosn Books

In mergers and acquisitions (M&A), special emphasis is usually placed on the strategic and financial goals of the deal, while the psychological, cultural, and human resource implications do not receive as much attention. This book examines the dynamics of the sociocultural processes inherent in M&A and “fleshes out” their implications for postmerger integration management.The book’s contributors come from a variety of subdisciplines within the field of management, and thus provide new insights into the managerial, social, and cultural processes inherent in M&A. Executives with extensive experience managing M&A have offered commentaries at the end of the chapters, providing “real-world” perspective to empirical and theoretical insights.

In Shift, Carlos Ghosn, the acclaimed CEO of Nissan, shares his journey of revitalizing the nearly bankrupt automotive company. When he became COO in 1999, Nissan was on the brink of collapse. Within 18 months, Ghosn turned it around, making it the most profitable large automobile manufacturer globally. He details his approach to achieving this turnaround, emphasizing the importance of challenging traditional Japanese business practices that hindered Nissan's effectiveness. Ghosn's management principles, honed during his tenure at Michelin and Renault, guided his decisions. Upon joining Nissan, he conducted a thorough examination of the business and unveiled the Nissan Revival Plan by October 1999. This strategy involved closing plants, laying off workers, dismantling outdated supply networks, and divesting marginal assets to focus on core operations. Cost-cutting was just the beginning; Ghosn implemented changes across all areas, from manufacturing to marketing. He updated the vehicle lineup, embraced innovative designs, and prioritized quality, which significantly enhanced Nissan's market image and reestablished its reputation for innovation. Shift offers a compelling behind-the-scenes perspective on transforming a world-class company, making it an essential read for business enthusiasts seeking insights from one of the industry's most successful leaders.

Jugaad is a word often heard in general conversation in India. Whether to find ingenious solutions to problems or turn adversity into opportunity—Indians swear by it. In this seminal book, Navi Radjou, Jaideep Prabhu, and Simone Ahuja challenge the very way a traditional organization thinks and acts. Leading companies such as Facebook, Future Group, GE, Google, PepsiCo, Philips, Renault-Nissan, Siemens, Suzlon, Tata Group, and YES BANK, among others, are already practising jugaad to generate original ideas and pioneer growth. In the midst of rising global competition and swelling R&D budgets, Jugaad Innovation presents ways to innovate, be flexible, and do more with less. Peppered with examples of innovative entrepreneurs in emerging markets such as Africa, India, China, and Brazil, Jugaad Innovation illuminates paths to engender breakthrough growth in a complex and resource-scarce world.