资源描述：
《stanley o'neal at merrill lynch》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。
1、FortheexclusiveuseofJ.YE9-405-029REV:SEPTEMBER29,2005DAVIDA.THOMASAYESHAKANJIStanleyO'NealatMerrillLynch(A)StanleyO’Nealwassittingathisdesk,inhiscorneroffice,overlookingManhattanandtheHudsonRiver.ItwasJune2003andhehadbeentheChiefExecutiveOfficerofMerrillLynchforoverayearnow
2、.Hehadnavigatedthecompanythroughatumultuousstormoflawsuits,comprehensiverestructuring,costreductions,andanunforgivingbearmarket.Merrillwasnowpositionedtomakeafinancialcomeback.FromhisinitialappointmenttoCEO,O’Neal’sgoalwastomakeMerrillaleanandefficientperformance-drivencomp
3、any.Hehadmadesignificantstridestowardsthisgoal,thoughcriticswerequicktoadmonishhimforwieldingthecostcuttingswordandunderminingthecompany’ssignature“MotherMerrill”culture,whichhadledtosenseofentitlementandclubbinesswithinthecompany.WhileMerrill’sperformancehadimprovedsignifi
4、cantly,O’Nealwonderedifhehadfundamentallychangedthecompany’sculturetoaperformance,merit-based,andinclusiveone.EarlyYearsEarnestStanleyO’Nealhadmodestbeginnings:hewasbornin1951andgrewupinthesmallruraltownofWedowee,Alabamawherehewasraisedonhisfamily’sfarmandschooledinaone-roo
5、mschoolhouse.1Despitehisfamily’sstruggletomakeendsmeet,O’Nealhadfondmemoriesofhischildhood,“Weneverwenthungryandsomehowmiraculouslymanagedtobefullyclothedandprettyhappy.”2Inhisearlyteens,O’Neal’sfamilyrelocatedtoAtlanta,Georgia,wherehisfatherhadsecuredajobataGeneralMotorspl
6、antinDoraville.O’NealwasoneofthefirstblackstudentstoattendWestFultonhighschoolafterthelandmarkBrownversusBoardofEducationdecisionof1954todesegregatesouthernschools.Aftergraduating,hewasselectedtoattendtheGeneralMotorsInstitute,acooperativecollegethatlaterbecameKetteringUniv
7、ersity.O’NealsplithistimebetweenstudyingandworkinginaGMfactoryforthecar-chassisdepartment,andgraduatedin1974withaB.S.inIndustrialAdministration.GMmadeO’Nealanofferforaplantmanagerposition,andO’Nealaccepted,presidingoverthesameDoravilleplantwherehisfatherworked.Hequicklyprov
8、edthathehadanacutebusinesssenseandgarneredGM’ssupporttofinancehisMBAatHarvardBusin
