Many like-minded organizations prefer unity for a common objective. The phenomenon predominantly surfaces in the business sphere where companies come together for a symbiotic relationship to boost their levels of production. However, one outstanding thing in many mergers is that success is highly skewed to the functionality of leadership. The combination between Eucatex and Duratex with Flavio Maluf at the helm offers a perfect illustration as to how unity rejuvenated by strong leadership is a cornerstone upon which leading global businesses are built.
How will the merger propel the two companies to their goals?
While explaining to his Co-workers, the president of Eucatex, Flavio Maluf declared that in the merger, his side Eucatex would acquire manufacturing facility from Duratex. The new acquisition will elevate their fiberboard production capacity by 70%, paper printing capacity by 40% as well as 30% capacity increase for paint. Read more at Bloomberg.com to learn more.
In the case of Duratex
Duratex will obtain forest assets in addition to a piece of land near Capo Bonito. This is closer to their unit at Itapetininga. The deal will help both parties to increase their production to grasp the increasing demand from paper Industries. The merger is awaiting approval by their regulatory body CADE.
Who is an entrepreneur in Maluf’s Perspective?
In his wisdom, spiced with experience, Flavio Maluf sells a school of thought that being an entrepreneur is being independent. Many people deviate from this meaning to think that entrepreneurship is about doing little and earning more. Flavio corrects that entrepreneurs are to be central in all activities revolving around the business. Every activity in the market depends on either the decision or the effort of an entrepreneur.
For exceptional business productivity, Flavio Maluf suggests four weighty tips to spur you. Firstly, flee from a time-consuming but casual conversation. Secondly, limit the time spent on your cell phone during working hours, the phone should only be used in jobs that need it. Thirdly, maintain your professional focus, and set goals with deadlines. Finally, be creative to create unique ideas for your organization. Conclusively, Flavio Maluf urges entrepreneurs to focus on establishing beneficial entrepreneurial relationships for the success of their businesses.