Today's guest: chainsaw albert j dunlap, former ceo of scott paper and author of mean business: how i save bad companies and make good companies great. Free essays on al dunlap search albert john dunlap, also known as chainsaw al and rambo in pinstripes was hired by the sunbeam company, makers of. Ethics in the workplace case study action plan: scott paper company essay sample scott paper company provides an inside look at a major corporate downsizing program led by the controversial turnaround manager chainsaw al dunlap. Al dunlap wants to be known as mr growth it's hard to imagine yet when sunbeam announces year-end results in january, people will see that sales, not just profits, are rising dramatically.
Corporate fraud: sunbeam corporation and chainsaw al essay - background in july 1996, alert jdunlap (also known as chainsaw al)was hired as ceo and chairman by sunbeams' board of directors to help the company from a period of lagging sales and profits and make it an attractive acquisition target. Corporate turnaround specialist al dunlap, whose penchant for slashing jobs earned him the nickname chainsaw al, his plan involved massive cuts to the company's product lines, plant closings and major cutbacks in the number of employees at sunbeam. Especially in corporate america, we like our leaders to look mean and menacing, like neutron jack welch or chainsaw al dunlap had parsons and chenault, as well as other african. Further, in the 1999 tell-all book chainsaw: the notorious career of al dunlap in the era of profit-at-any-price (harperbusiness, october 1999), about dunlap's relentless, unforgiving management.
Al dunlap -- aka chainsaw al -- was ruthless in downsizing corporations for short-term shareholder profit while reviled on main street, dunlap was loved on wall street for bringing huge returns to investors and shareholders until the dark side of his actions began to emerge. The first obviously strange thing about al dunlap's grand florida mansion and lavish, manicured lawns was the unusually large number of ferocious sculptures of predatory animals. Dunlap loaded up the company with debt to make acquisitions sunbeam shares traded as high as $53 in march 1998 after dunlap announced plans to acquire coleman co, first alert inc and signature. I was able to take the chainsaw al dunlap via a 40 apple tree with only little resistance the bar oil intake was equivalent with only the gas usage which appeared in contrast to some guides that it goes under oil promptly. In chainsaw: the notorious career of al dunlap, author john a byrne, a senior writer at business week, paints an unflattering portrait of a man whose ego, greed and relentless drive to make.
Let us write or edit the essay on your topic al dunlap at sunbeam with a personal 20% discount try it now the final step of the rescue plan was identified by dunlap in his own words as an aggressive growth plan (2. Understanding pseudo-transformational leadership in the workplace essay help explanatory essay online what about chainsaw al dunlap for many moral. Such unflattering details cannot be found among the 289 pages of dunlap's mean business, which chronicles his exploits as chainsaw al, the controversial executive who has fashioned a highly. Al dunlap: you look at the layoffs that took place, there are about- hedrick smith: he touted the formula of mass layoffs and cost-cutting that had earned him the nickname chainsaw al al dunlap.
He's been called chainsaw al, but sunbeam corp chairman and chief executive albert dunlap says he's not a wrecker at all but a bringer of light to the dark corners of american business. Chainsaw al dunlap's career as a turnaround artist is over blame it on hubris he was a tough executive who thought he could work miracles in a lousy business dunlap was the fifth chief. They were tough bosses with sobriquets like chainsaw al (dunlap), neutron jack (welch), and irv the liquidator (irwin jacobs) though not extinct, the predatory chief executive has been tamed somewhat in the last few years.
Eventually, dunlap found his way to sunbeam-oster, a company that sold mixers, barbecues, and waffle irons and started doing al dunlap-y things he announced plans to lay off half of sunbeam's 12,000 employees, with cuts ranging from the management team to clerical and factory workers, and in his first seven months at the helm, sunbeam's. The ax falls on sunbeam's chainsaw al the goals set for sunbeam by al dunlap were unrealistic for sunbeam because the industry average for growth in sales was 25% and dunlap was expecting a 20% increase for sunbeam. Dunlap felt pressured to turn sunbeam around he used his position as an opportunity to commit the fraud and according to, sunbeam corporation: 'chainsaw al,' greed, and recovery , by the daniels fund ethics initiative at the university of mexico, dunlap did not admit or deny any wrongdoing.
Chainsaw al dunlap essay l chainsaw al dunlap : a new breed of manager west point graduate albert j dunlap , former chairman and ceo of scott paper company, claims that the us military academy made him tenacious and very organized. Chainsaw al dunlap and sunbeam corporation [ send me this essay] 7 pages in length in this case study the student will find an analysis of the takeover of sunbeam corporation by chainsaw al dunlap. The chainsaw al story at sunbeam is one of lack of oversight and accountability sunbeam became a conglomerate, made of several other companies in 1910, sunbeam made an electrical clothes iron, and in 1946 it became the sunbeam corporation. Al dunlap made more than $100 million, ran two well-known public corporations, wrote a best-selling, vainglorious autobiography, and axed some 18,000 employees dunlap, of course, was hardly the only chieftain to order hefty workforce cuts or to say.