Personal Philanthropy of Carlos Slim - Assignment

Running head: Personal Philanthropy of Carlos Slim 1
Introduction to Management
personal philanthropy of Carlos Slim

Personal Philanthropy of Carlos Slim
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Executive summary
Carlos slim is one of the famous and only philanthropists in all over the world. He made
so many contributions in the welfare of education and health care. Leadership style is integral to
guide followers in an appropriate manner. The description of the leadership style of Carlos slim
has been described in this report. Along with that the motivation technique followed by Carlos
has been describe which will be helpful to getting knowledge about the motivation technique of
Carlos to enhance the productivity of the employee.

Personal Philanthropy of Carlos Slim
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Introduction
Effective management and leadership are essential for the growth of the business. Carlos
Slim is well known philanthropist and there are most people who have not heard about the
activities of humanitarian. He possess so many companies that employee more than 200,000
people in America and other country as well. It is the report which will focus on the contribution
of Carlos Slim in the development of the country. Four different questions will be answered in
this report which covers support of Carlos Slim in the business, leadership style of him,
motivation technique of Carlos to motivate its employee and kind and sources of power of
Carlos.
Figure 1: Carlos Slim
Source: (Daner, 2015).

Personal Philanthropy of Carlos Slim
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Personal philanthropy of Carlos Slim
Carlos Slim is one of the greatest philanthropists in the world. He spent his life to climb
the ranks as an investor, philanthropist and business magnate. The Carlos Slim foundation was
formed in 1968 as a platform has been made to dedicate to Slim’s philanthropic giving. The
mission of foundation is to begin a range of non-lucrative projects in health, education, justice
and community development through dedicating the resources of financial and community. Slim
is liberal with his fortune and believes in philanthropy that it should be based on more than
simply contributing resources to praiseworthy causes.
Support to his business interests
Personal philanthropy of Carlos provided huge support to business because it own 200
companies in stock that employ so many people of America. He utilized his resources to
facilitates develop the communities where his business is situated. He lives in Mexico and as per
personally support, he support more than 165,000 people to give education. He contributes in
number of surgeries and equipment for rural schools. He recently builds the Carlo Institute of
Health and the main aim behind constructing the healthcare centre to provide the unique and new
approach to health care in Mexico. He has announced that 6 billion are ready for several
programs and four billion already contribute by hi to develop the health and education and for
facing various challenges regarding to them. Yes, it is ethical because the contribution which has
been made by Carlos does not break any rules and the report of funding and investing is open for
government. He follows entire policy and procedure while contributing money in several
programs. Social responsibility is essential for Carlos in the business strategy and culture