‘Make yourself invaluable’: Carlos Ghosn offers executive training in troubled Lebanon

Nissan’s former executive Carlos Ghosn speaks during a press conference at the Holy Spirit University of Kaslik (USEK), north of Beirut, Lebanon, Tuesday, Sept. 29, 2020. (AP)
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Updated 29 September 2020

‘Make yourself invaluable’: Carlos Ghosn offers executive training in troubled Lebanon

  • The Lebanese-French executive has unveiled a plan to shake up the business school at the Université Saint-Esprit de Kaslik
  • Ghosn plans programs to coach top executives, offer technology training and help start-ups that will create jobs

BEIRUT: Carlos Ghosn, the former Nissan and Renault head who fled Japan where he was facing trial, is launching a university management and business program in Lebanon, a nation mired in a deep crisis blamed on years of misrule, mismanagement and corruption.
Nine months after his dramatic escape to Beirut from Tokyo, the Lebanese-French executive has unveiled a plan to shake up the business school at the Université Saint-Esprit de Kaslik (USEK), a private university north of the Lebanese capital.
Ghosn, credited with turning round the Japanese and French carmakers before he faced charges of financial wrongdoing that he denies, plans programs to coach top executives, offer technology training and help start-ups that will create jobs.
Ghosn, a fugitive from a Japanese justice system he says was rigged against him, has found refuge in his childhood home Lebanon where the economy is collapsing under debts amassed since the 1975-1990 civil war. A devastating blast in Beirut on Aug. 4 compounded Lebanon’s woes.
“Obviously I am not interested in politics but I will dedicate time and effort into supporting Lebanon during this difficult period,” he told Reuters at the weekend, ahead of Tuesday’s formal launch during a press conference of his new university program.
“This is about creating jobs, employment and entrepreneurs to allow society to take its role into the reconstruction of the country,” Ghosn told a press conference at USEK on Tuesday.
Ghosn, who was approached by USEK in the weeks after arriving in Lebanon at the end of December, said the programs aimed to offer practical help. He will help supervise.
Drawing on his experience, the focus for the executive program would be turning around companies in trouble, corporations struggling with a troubled environment and how to “make yourself invaluable” in a company.
Ghosn said several international executives had agreed to give pro bono courses, such as Jaguar and Land Rover Chief Executive Thierry Bolloré, former Goldman Sachs vice-chairman Ken Curtis and venture capitalist Raymond Debbane.
The short courses, expected to start in March, would be open to 15 to 20 senior executives in Lebanon and the Middle East.
‘ROLE MODEL’
“The role model is my experience, what I think are the basic needs of a top executive in a very competitive environment,” he said, adding that, when he was in charge, Nissan’s executive training program in Japan had been open to other companies.
The second USEK program, subsidised by the executive program, would train people on new technologies, such as computer-assisted design and artificial intelligence.
Ghosn said Lebanon’s jewelry exporters were among those who would benefit from the use of software to help with designs.
The third program would act as an incubator for start-ups, and he aimed to invest in two projects. “I am mainly interested in projects that have environmental impact,” he said, citing the example of a project to turn sewage into fertilizer.
“You are creating entrepreneurs which are badly needed, you are creating employment,” he said, adding he had been persuaded to work with USEK by the president of the Maronite Christian institution, Father Talal Hachem, and his young team.
Ghosn said he had also chosen to work with USEK, rather than some of the bigger Lebanese universities, because he liked the idea of working with an institution that drew in a broad range of students, not just the wealthy.
“These students need help more than anybody else. This is the class that has been smashed by the situation today,” he told Reuters.
“I’m going to help in the way I can,” he said. “I’m going to help build the economy by helping to solve problems that every Lebanese is facing today.”


Saad Hariri named new Lebanon PM, promises reform cabinet

Updated 46 min 44 sec ago

Saad Hariri named new Lebanon PM, promises reform cabinet

  • Hariri immediately promised a government of technocrats committed to a French-backed reform plan
  • He has previously led three governments in Lebanon

BEIRUT: Three-time Lebanese prime minister Saad Hariri was named to the post for a fourth time Thursday and immediately promised a government of technocrats committed to a French-backed reform plan.
Hariri said he would “form a cabinet of non politically aligned experts with the mission of economic, financial and administrative reforms contained in the French initiative roadmap.”
“I will work on forming a government quickly because time is running out and this is the only and last chance facing our country,” he added.
President Michel Aoun named Hariri to form a new cabinet to lift the country out of crisis after most parliamentary blocs backed his nomination.
Hariri, who has previously led three governments in Lebanon, stepped down almost a year ago under pressure from unprecedented protests against the political class.
“The president summoned... Saad Al-Deen Al-Hariri to task him with forming a government,” a spokesman for the presidency said.
Hariri was backed by a majority of 65 lawmakers, while 53 abstained.
Lebanon is grappling with its worst economic crisis in decades and still reeling from a devastating port blast that killed more than 200 people and ravaged large parts of Beirut in August.
Aoun warned Wednesday that the new prime minister, the third in a year, would have to spearhead reforms and battle corruption.
A relatively unknown diplomat, Mustapha Adib, had been nominated in late August following the resignation of his predecessor Hassan Diab’s government in the aftermath of the deadly port blast.
Adib had vowed to form a cabinet of experts, in line with conditions set by French President Emmanuel Macron to help rescue the corruption-ridden country from its worst ever economic crisis.
He faced resistance from some of the main parties however and threw in the towel nearly a month later, leaving Lebanon rudderless to face soaring poverty and the aftermath of its worst peacetime disaster.