News Feed Item

CEO Lecture Series at Rutgers Business School will feature Joseph Taylor, chief executive and chairman of Panasonic North America, speaking on "The Challenge of Remaking a 100-year-old Global Corporation."

NEWARK, N.J., Feb. 14, 2014 /PRNewswire-USNewswire/ -- Joseph Taylor, CEO and chairman of Panasonic North America, will provide Rutgers Business School students with an insightful look at leadership and strategy on Thursday, Feb. 20 as the next featured guest in the school's distinguished CEO Lecture Series.

(Photo: http://photos.prnewswire.com/prnh/20140214/DC65756

Taylor's talk, "The Challenge of Remaking a 100-year-old Global Corporation," will focus on Panasonic's emergence from its business struggles and what it has taken to regain the company's footing in the global marketplace.

Students, faculty alumni, journalists and others interested in attending are encouraged to register. The event will take place from 6 p.m. to 8 p.m. inside Bove Auditorium, Rutgers Business School, One Washington Park, Newark. A reception will follow in the lounge outside Bove.

"There's an old saying, "When you find yourself in a hole, you should stop digging," Taylor said. "When we found ourselves in trouble it took us too long to react."

The CEO Lecture Series is one of the most distinguished thought leadership events sponsored by Rutgers Business School. It was started as a way of providing students with access to leading executives and their real-life insights about the business world. In the past, the event has also featured successful Rutgers alums such as Avon CEO Sheri McCoy and Gregory Weaver, chairman and chief executive of Deloitte & Touche.

Taylor, who completed his undergraduate studies at LaSalle College, offers the unique perspective of a former entrepreneur who joined Panasonic and was given an increasing amount of responsibility, leading to his move into the corner office. He is the first American to hold the titles of chief executive and chairman at Panasonic and to have a seat on the global company's board of directors.    

Taylor said his own management style is a combination of Japanese and American influences. "The Japanese manage by consensus and American managers are known for unilateral decision-making," Taylor said. "I think the combination of both is the best of all."

He was a key North American executive when Panasonic experienced back-to-back annual losses and launched a turnaround that required the company to shift away from unprofitable businesses, including consumer electronics, and redirect its focus on business-to-business products as well as automotive systems products, including battery cells to electric car makers like Toyota and Tesla Motors.

If Panasonic was slow to respond to marketplace changes, it was quick to set a course to return the company to profitability. Taylor credited Panasonic's turnaround to a collective open-mindedness, strong decision-making and a willingness to change course.

After graduating from college, Taylor followed his entrepreneurial instincts and with a friend, he started two companies, one built around solar panels and another focused on residential hydroelectricity. "We were," Taylor said, "a little ahead of our time."

Neither of his early ventures succeeded. Later, Taylor joined Panasonic where he managed the company's development of a revolutionary new rotary compressor. Panasonic would perfect the technology and use it to improve the efficiency of air conditioners and refrigerators.

During his 30 years at Panasonic, Taylor has filled a variety of positions, including president and chief operating officer of Panasonic Industrial Company and chief operating officer for Panasonic North America, which serves as the heart of Panasonic's U.S. branding, sales and R&D operations.

Last year, Panasonic moved 1,000 employees into a new $200 million, 12-story headquarters building near Penn Station in Newark. The company has agreed to lease the building for 15 years. As CEO, Taylor advocated relocating from Secaucus to downtown Newark, where the project represented the first new office development in two decades.

It's the sort of task Taylor has always been willing to take on.

"I find that if you're lucky enough to be successful, there's a lot of work and responsibility that you'll be given," Taylor said. "So far, it's worked out okay."

SOURCE Rutgers Business School

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
Established in 1998, Calsoft is a leading software product engineering Services Company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. The company's deep domain knowledge of Storage, Virtualization, Networking and Cloud verticals helps in delivering ...
SYS-CON Events announced today that CDS Global Cloud, an Infrastructure as a Service provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CDS Global Cloud is an IaaS (Infrastructure as a Service) provider specializing in solutions for e-commerce, internet gaming, online education and other internet applications. With a growing number of data centers and network points around the world, ...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
SYS-CON Events announced today that Transparent Cloud Computing (T-Cloud) Consortium will exhibit at the 19th International Cloud Expo®, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The Transparent Cloud Computing Consortium (T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data proces...
SYS-CON Events announced today that Enzu will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their online busine...