Welcome to today's edition of the Daily 5.
Carlos Ghosn, high-profile auto-executive-turned- escape-artist, has a new outlet. He has taken to LinkedIn, the social media platform for business professionals, as a sort of oracle, dispensing wisdom to his nearly 1 million followers on business management questions or scenarios playing out globally.
Our intrepid Asia Editor Hans Greimel, a certified Ghosnophile, has all the details of the auto exec's online musings dubbed "Carlos Ethos." One recent example: "This week I urge you to reflect on this thought: Leadership is Getting People to Do What They Resist, Then Find Gratification in It." Or, "This week remember that Pride is the Lifeline of a Company."
Some of his posts hearken back to his days running a car company. For instance, on why alliances and not mergers are preferred: "I don't believe in mergers. The reason is simple. Every merger creates winners and losers, first-class and second-class citizens. One brand dominates, one culture prevails, one workforce feels defeated. You destroy the very pride that drives performance. We built an alliance instead."
Ghosn led the Renault-Nissan-Mitsubishi alliance before being jailed in Japan for alleged financial misconduct and hatching a daring escape from that country inside a musical instrument case (allegedly for a double bass). His Houdini act caused a viral social media craze in Japan of people stuffing themselves (or their children) into instrument cases, which prompted warnings about the potential for suffocation.
I'm sure Ghosn hopes to take readers' breath away with his punditry instead of having them crawl inside an instrument case.
That's it for today. Have a great rest of your day.
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— Dan Shine, news editor
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