| Description |
1 online resource (16 pages) : tables |
| Series |
Human resource management online (text) |
| Summary |
Japan-based Nissan Motor Company, Ltd. (Nissan), a multinational automaker had made a remarkable turnaround in 2000. Its successful turnaround was attributed to its alliance with Renault and the new CEO Carlos Ghosn (Ghosn). Ghosn made certain changes in the organization which brought the company back into profits. However, he faced a lot of cultural issues which needed to be tackled tactfully in order to ensure successful implementation of restructuring plans. This case study is about Nissan's turnaround and Ghosn's decision to change various HR practices in the organization. Nissan implemented a new working philosophy along with the new 'Nissan Way' of doing things. As part of the Nissan Way, the company provided specialized 'Career Advisors,' for women only for their career advancement. Nissan had put in place a talent management strategy and adopted an inclusive 'whole workforce' approach. It included a series of activities which addressed Competency Management, Performance Management, Career Development and Succession Management. As a part of restructuring, Ghosn closed down few plants due to which a lot of workers lost their jobs. While some experts criticized it as a genuine misjudgment on the part of Ghosn, few others felt that it was a necessary evil for the company. While the debate on this issue raged on, experts were almost unanimous in their view that this episode would not only be remembered as a horrible example in the history of restructuring but would also serve as a valuable lesson to other organizations planning a restructuring exercise |
| Notes |
Case code: HROB138 |
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Title from resource description page (viewed May 26, 2015) |
| Bibliography |
Includes bibliographical references (pages 15-16) |
| Notes |
In English |
| Subject |
Nissan Jidōsha Kabushiki Kaisha -- Personnel management -- Case studies
|
| SUBJECT |
Nissan Jidōsha Kabushiki Kaisha. fast (OCoLC)fst00555729 |
| Subject |
Industrial relations -- Case studies
|
|
Personnel management -- Case studies
|
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Industrial relations.
|
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Personnel management.
|
| Genre/Form |
Case studies.
|
| Form |
Electronic book
|
| Author |
Muthukumar, R., author
|
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