Friday, May 7, 2010

Carlos Ghosn, Chairman and CEO of Renault-Nissan alliance at IIT Madras

Frontiers of Green and Electric Vehicles with Sustainability and Innovation in Auto Industry 

Stalwart, trans-cultural leader, the icebreaker were words used to welcome Mr. Carlos Ghosn, Chairman and CEO of Renault-Nissan alliance to the most keenly anticipated EML session of the academic year organized in association with NDTV Profit. It was indeed a privilege to listen to someone who is rated no  less than among the world’s “25 Most  Influential Global Business Executives” by Time and CNN, “World’s Most Respected Leaders” by Financial Times and CNBC European “Business Leader of the Year 2006”.
This special lecture with its central theme based upon “Frontiers of Green and Electric Vehicles with Sustainability and Innovation in Auto Industry” was anchored by Siddharth Patankar from NDTV . The event was conducted in form of an interview followed by a Q&A session where eager students put forth inquisitive questions to Mr. Ghosn.
Managing the Human Capital
On being quizzed about India’s famed human resource advantage, Mr. Ghosn opined that apart from demographic advantage that our country has, it was necessary to also consider the quality of human capital and from an organizational perspective it was important to align this human capital to organizational strategy. Bringing a new dimension to the question he further explained that as the globalization required companies to move into practically all corners of the world it was essential for organizations like Renault-Nissan to have cross-cultural, multi-cultural workforces which can be aligned with each other.
Management decision making
“Management in the times of crisis is the most essential part of management. When the times are good things work on their own and it is only when there is a crisis the real decision making ability of the management comes to fore. The decisions involve not only deciding how to get out of the crisis but also about what needs to be done once we are out the crisis”  Mr. Ghosn held this view, also emphasising that one needs to take of long term consequences of short term decisions. One task of a manger is also to get people do things which they naturally wouldn’t like to do and crisis situations demand that we need to do many of such things.

On Mr.Ghosn’s own multicultural background.
He explained that to be successful in business one must be able to connect with people who are not from a similar background as yours. This involves establishing working connections with different people and communicating with them. People exposed to high level of diversity will definitely be in a good stead and this will also facilitate their management skills

How green and sustainable is the process of manufacturing a component that goes into making a car?
Mr Ghosn replied that they are not ignoring the other areas where a lot of consumption of fossil fuels takes place, but even still major consumption of fossil fuel is due to recurring usage of gasoline to drive cars and it is because of this reason that a significant amount of our efforts to go green is directed in this regard.  Hydrogen as an alternate source of fuel is also being looked at. Also by 2020 ten percent of cars manufactured worldwide will be powered using electricity, he said.
Mr. Ghosn also explained that as technology students numerous opportunities awaited them in the fields of energy management and that even today we don’t have the appropriate technology which can efficiently store energy. Hence, it is also a promising area for business as well as technology R&D. He also stressed that in such initiatives the government’s support to promote green fuels is vital and further explained his point by giving example of how 60 % cars in Europe run on diesel while it is practically zero in US, all this because of the kind of incentives and fiscal policy which the government comes up with to promote or dissuade people from using a particular fuel. 

Shipping production to developing countries from developed economies.
He was of the view that this shift is not encouraged just due to free trade agreements and WTO regulations but because it makes economic sense to manufacture products locally. The main friction comes when we manufacture cars in India, China etc and ship them back to Europe especially in a situation where carbon tax is levied on manufacturing in Europe but not on products manufactured outside and these products are then imported into Europe.
He also explained that Renault prefers having many joint ventures and alliances and each of their alliance is for a specific purpose. Mr. Ghosn also informed that they into collaborative research into green tech and in other areas with many universities including IIT Madras. 

DoMS Interface Team
Batch of 2011


  1. hi, you have nice blog.. u can view also mine..

  2. The subject is very interesting blog I really like the true love of cars will be visiting.
    Nissan Micra

  3. I have no words to appreciate this post ..... I'm really impressed with this post .... the person who created this post was a big thank you man .. for sharing with us.

    Buy Ritalin Online

  4. its really amazing ans informative car keys

  5. I think this is a great website, specially when searching for that specific topic.

    buy medicine

  6. I am speechless after seeing these pictures! I love them all! I teach kindergarten and I'm going to make a theme, and photographs have given me so many ideas! You are so talented! Thanks!
    buy xanax online

  7. When you decide to have a Drug Discussion from online pharmacies, it is important to ask points which you facing.

  8. Wonderful site and I wanted to post a note to let you know, ""Good job""! medicine forum

  9. Preservation and promotion of health is achieved through a combination of physical, mental and social well-being, sometimes called "the triangle of health." Health is a positive concept focuses on the social and personal resources, as well as physical capacities.
    drug forum

  10. The idea behind this article is excellent, and for me the first item ("Create your own damn content!") is the real gem here: most of the people spend their entire lives only consuming what is created by others, and creating nothing themselves--or never sharing what they create, which is better than not creating at all, though not the best they could do.
    buy valium online

  11. A healthy diet is not about strict nutrition philosophies, staying extremely thin, or depriving yourself of foods you love. Rather it is to get that good to have more energy and you keep healthy as possible.

    buy vicodin online

  12. Its really a great blog thanks for sharing.
    Leather Jackets

  13. Wow!! What a great writing, really I appreciate such kind of topics. It will be very helpful for us. Waiting for more articles, blogs like this. I’m going bookmark your blog for future reference. Thanks a lot for sharing this.

    roadside assistance in richardson

  14. Thank you for for sharing so great thing to us. I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post nice post, thanks for sharing.

    Roadside assistance addison

  15. Very good customer service, prompt delivery (lol...prompt for coming from so far away!), and good products. I recommend this company to my friends all the time. is a godsend to those of us without medical insurance.
    moving companies in bethesda md

  16. I admire The Valuable information you offer in your articles. I Will bookmark your blog and check my buy ritalin online.
    springfield  locksmith

  17. Awesome pictures and interesting information and attractive.This blog is really rocking...
    lewisville towing

  18. Amazing!I also wish him good luck to defend his gold medal. I like to share it with all my friends and hope they will also encourage him.

    movers in virginia

  19. My partner and I stumbled over here from a different web page and thought I might check things out. I like what I see so now i am following you. Look forward to going over your web page repeatedly.

    movers in marryland 

  20. Hats off to you! The information that you have provided is very helpful.

    movers washington dc

  21. Great tips, many thanks for sharing. I have printed and will stick on the wall! I like this blog.

    dc movers

  22. The activity of stealing content from an online website and repetition it into another computing machine so as with a number of the first sites traffic to the traced sites.Then traced {site|website|web website} can seem within the search result rankings together with the first site. Vaginal Mesh Recall

  23. Wow!! What an excellent writing, very I appreciate such quite topics. it'll be terribly useful for USA. anticipating a lot of articles, blogs like this. I’m going marker your diary for future reference. Thanks plenty for sharing this.
    Fosamax Fractures

  24. Ritalin 10mg (methylphenidate) is used to treat ADHD (Attention Deficit Hyperactivity). Do not confuse ADHD with ADD, it is also known as Attention Deficit Disorder. Buy Ritalin Online

  25. Buy Ritalin Online is a stimulant drug which influences chemicals in the brain and nerves responsible for hyperactivity and impulse control.

  26. Same as Ritalin, Buy Adderall Online is central nerves system stimulant prescribed drug. It is also used control the ADHD symptoms and enhance the attention.


You are visitor number