Turnaround at Nissan

In October 1999, Ghosn announced the plan for revitalizing Nissan. He had been careful to avoid any earlier leaks about individual changes that would be criticized without understanding why they were necessary and how they fit into the overall plan. The announcement included a pledge that Ghosn and the executive committee would resign if Nissan failed to show a profit by the end of 2000. It was an impressive demonstration of his sincerity and commitment, and it made what he was asking of others seem more acceptable. Fortunately, the primary objectives of the change were all achieved on schedule, and by 2001 earnings were at a record high for the company. That year Ghosn was appointed as the chief executive officer at Nissan, and in 2005, he would become the CEO of Renault as well. Write a minimum of 6-page to maximum of 10-page opinion essay in content (Cover or Title page & References or Work Cited page cannot count as content).The paper should include the following:1. An overview of the case:· Describe the conditions that led to merger with Renault· Identify and discuss the driving and resisting forces for change at Nissan in 1999· Describe were the cultural challenges Ghosn faced· Identify the steps taken by Ghosn to bring Nissan to profitability· Discuss the motivational and organizational behaviors that were fundamental to Nissan’s poor performance.2. Identify and discuss Ghosn’s leadership style(s):· Describe leadership actions that were taken· Describe leadership theories that Ghosn embraced3. Identify and discuss the source of Ghosn’s power:· Describe the sources of power he used· Discuss how his was power gained· Discuss how he utilized his power4. Identify and describe the change management practices used5. Identify and describe the mechanisms used to change the culture6. As a result of analyzing this case, what new knowledge did you gain regarding organizational behavior and leadership practices necessary to implement change? (This question should be addressed in the summary/conclusion section of your paper.)