How Four Rookie Ceos Handled the Great Recession?

How Four Rookie CEOs Handled the Great Recession? 1. exercise the chapter material to decide what different kinds of management challenges these four CEOs faced as they took control of managing their different companies. One of the challenges that they faced was the fadeout. The CEOs had to demonstrate their surpass conceptual skills because starting time during a recession means they had to make drastic changes out front the lodge went under. The new CEOs had to restructure the company to lower operating cost. another(prenominal) challenge was managing a diverse tip overs.How do you train a workforce that spoke different languages and have different work practices and worked overseas? 2. In what kinds of ways did these managers respond to these challenges- for example, in their approaches to planning, leading, organizing and controlling? Donahoe had a strategy to change the customers website and introducing BillMeLater. He led the employees and investors to this vision which paid off. The stocks began to procession again. Mr. Kenney of T Rowe Price made a plan to reduce costs.He took displume and cut back on hiring, advertising and IT. Diane took the recession by the hand and used it to her advantage. Her company had an edge over the leading competitors which at the date would struggle. She revamped the company website and pushed the products overseas. 3. Search the web. How are these managers and their companies currently performing? EBays deception Donahoe was interviewed by jam Stewart of NY Times saying Our multiyear effort is paying off, he said. Profit more than doubled and revenue jumped 23 percent. EBay is revitalized. We believe the best is yet to come. In a stock market struggling with recession fears and the European debt crisis, eBay stock this week hit a six-year high. He says that the insane asylum of the EBay mobile app and the purchase of PayPal has been a great innovation. T. Rowe Prices James Kennedy said in his recent intervi ew for the Baltimore Business Journal, that T. Rowes requital were up in the second quarter. Investors are concerned about the Greece crisis because it go out affect the rest of Europe.Here in the U. S. , he said investors are be rattled by a number of factors unemployment, a sluggish living accommodations market and uncertainty over whether the Affordable Care Act exit drive health care costs higher, and by how much. Diane Irvine of low-spirited Nile has resigned. Blue Nile didnt give a reason why. Peter Swinburn of Molson Brewing Co. , late made a $3. 54 billion dollar deal for the east European beer brewer Starbev. The deal is expected to add to its earnings quickly, starting in the first full year of joint operations.Molson is banking on that growth, with the company paying for the transaction almost entirely through debt. Under the damage of the acquisition, Molson will pay $3 billion in cash and debt and an superfluous $667 million in convertible debt that will be p aid to CVC. References De La Merced , M. (2012, April 03). In starbev deal, molson bets big on growth . The New York Times. Retrieved from http//dealbook. nytimes. com/2012/04/03/in-starbev-deal-molson-bets-big-on-growth/ Haber, G. (2012). T. owe impairment ceo on the global economy, baltimore grand prix . Retrieved from http//www. bizjournals. com/baltimore/news/2012/07/25/t-rowe-price-ceo-on-the-global. hypertext mark-up language? page=all Martinez, A. (2012, NOV 08). Blue nile ceo resigns abruptly 3q profit fall . . Retrieved from http//seattletimes. com/html/businesstechnology/2016718784_bluenile 09. html Stewart, J. (2012, July 27). Nytimes. com. Retrieved from http//www. nytimes. com/2012/07/28/business/ebays-turnaround-defies-convention-for-internet-companies. html? pagewanted=all