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The Art and Science of Managing the New Global Corporation

The Art and Science of Managing the New Global Corporation

This video was recorded at MIT World Series: Dean's Innovative Leader Series. In a motivational talk aimed at the next generation of business leaders, Marilyn Carlson Nelson utilizes her history with the sprawling, family-owned Carlson hospitality empire as a case study. Her father began the business during the Depression, with the ambition of "building a company to last." He ruled with what she describes as a "command and control" style. As the company moved into the travel and hotel business following World War II, her father organized the different divisions to compete against each other. After 50 years, he relinquished the company to his daughter—a "pretty innovative" decision, she calls it. Carlson Nelson determined that the challenge of taking the company global required diverging... Show More

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