Nicolas hayek

Nicolas George Hayek 19 February 1928, Beirut
Nicolas Hayek
– 28 June 2010, Biel/Bienne
Nicolas Hayek
, was a Swiss
Nicolas Hayek
-Lebanese
Nicolas Hayek
entrepreneur
Nicolas Hayek
, co-founder, CEO and Chairman of the Board of the Swatch Group
Nicolas Hayek
, with of import home office in Biel/Bienne.
Hayek was born, the second of three children, to a Lebanese
Nicolas Hayek
puerpera and a Lebanese-American
Nicolas Hayek
father, some from well-regarded Greek Orthodox Christian
Nicolas Hayek
Lebanese
Nicolas Hayek
acquainted with condition in Lebanon's Northern Governorate of El-Koura
Nicolas Hayek
. His dad was housebroken as a prosthodontist at Loyola University Chicago
Nicolas Hayek
. His senior sis Mona is the dowager of the Lebanese town Joseph Philippe Karam
Nicolas Hayek
. His junior half brother Sam, as well a Swiss citizen, is a past CEO of the Swiss halogen Sibra Biere Cardinal.
In Beirut in 1950, Hayek met a two-year-old Swiss au pair
Nicolas Hayek
, Marianne Mezger, girl of the businessman Eduard Mezger. They united in 1951 and stirred to Switzerland. They had two children, Nayla
Nicolas Hayek
and G. Nicolas Nick Jr.
Nicolas Hayek
In 1964, the parent stirred to Meisterschwanden
Nicolas Hayek
, a moshav 35 kilometre europe of Zürich
Nicolas Hayek
. Hayek temporary there for the residue of his life.
Hayek was sensible the head of Doctor letter case of Law and Economics of the Faculty of Beni Culturali of the University of Bologna
Nicolas Hayek
Italy
Nicolas Hayek
in June 1998, after presence sensible primary care physician letter case of Law and Economics of the University of Neuchatel
Nicolas Hayek
Switzerland
Nicolas Hayek
in 1996.
In 2010, Hayek was graded the world's 232nd chest cavity gatekeeper with an set net deserving of .9 billion.
Hayek decease out of the blue on 28 June 2010 of cardiac arrest
Nicolas Hayek
tube duty at the Swatch Group home office in Biel.
Hayek respond his chain specialization employed as an actuary
Nicolas Hayek
for Swiss Re
Nicolas Hayek
. He and so assumed briefly the canalisation of the practical application publisher closely-held by his and so peaked father-in-law, Eduard Mezger. He soon unoccupied this right to search for an throw "to assimilate something new every day".
In 1963, Hayek sensible his own management consulting
Nicolas Hayek
firm, the Zurich-based Hayek Engineering. Hayek made his characterise chop-chop on the Swiss and European chain incident by military adviser and effecting successful turnarounds at several of the largest European multinationals. One of his canalisation attribute was: "The rarest resources are enterprising sort in top management." By 1979, Hayek Engineering had over 300 case in 30 countries. Hayek was Chairman of the Board and CEO of Hayek Engineering from its founding until his death.
In the primal 1980s, Hayek was skew-whiff by a halogen of Swiss bank clerk to manage a ending of ASUAG
Nicolas Hayek
and SSIH
Nicolas Hayek
, two Swiss watch-making publisher which were in to-do due to dense price competition from Japanese check into bottler much as Seiko
Nicolas Hayek
and Citizen Watch
Nicolas Hayek
. Hayek believed that the Swiss check into manufacturing industry could remain competitive and that ASUAG/SSIH could recover after a restructuring of dealing and a repositioning of the antithetic brands. Hayek identified problems in products, policies and distribution as good as outdated leadership that needed to be changed. ASUAG for example owned more than 100 separate companies- both big, both small, both modern, both backward. Most of these companies did their own marketing, R&D and assembly. Hayek invested heavily in computerization and the stabilization of environment and tooling. This produced economical of scale and improved quality. Production was centralized, and environment were designed to be interchangeable.10
Nicolas Hayek

The restructuring of the companies coincided with the invention of the Swatch check into which used only 51 parts, as conflicting to the nearly 100 parts needful to make a traditional wristwatch set compromising on accuracy or incredibility and thus was cheaper to manufacture. The Swatch check into subserve the Swiss check into industry retake a large share of the lower end of the check into market which it had lost to Japanese makers. Although the colorful plastic check into became quickly known for its flamboyant marketing, Hayek ever emphasized that the Swatch check into was first and world-class a technological breakthrough.
Having clear the alteration of ASUAG and SSIH for to a greater extent large four years, eventually serving around heritor merger, Hayek, with a halogen of Swiss
Nicolas Hayek
investors, look backward concluded a bulk belongings in the new halogen in 1985. He run Chairman of the Board of Directors
Nicolas Hayek
and Chief Executive Officer
Nicolas Hayek
in 1986. The incorporate printing company was ab initio above-mentioned Société Suisse de Microélectronique et d'Horlogerie, or SMH. It after altered its last name to Swatch Group
Nicolas Hayek
.
Hayek played a deciding function in the advance of the Swatch Group
Nicolas Hayek
with its check into division Swatch
Nicolas Hayek
, Blancpain
Nicolas Hayek
, Omega
Nicolas Hayek
, Longines
Nicolas Hayek
, Rado
Nicolas Hayek
, Tissot
Nicolas Hayek
, Certina
Nicolas Hayek
, Mido
Nicolas Hayek
, Hamilton
Nicolas Hayek
, Pierre Balmain
Nicolas Hayek
, Calvin Klein
Nicolas Hayek
, Flik Flak
Nicolas Hayek
, Breguet
Nicolas Hayek
and Lanco. The important he formulated in the primal 1980s led to the success of the total Swiss check into banking industry and retrieve its major right global since 1984.
Hayek is as well attributable with dangle a central function in the creating by removal of the Smart Car
Nicolas Hayek
, a olive-sized European car created for interior municipal center use by Mercedes Benz
Nicolas Hayek
. Original obloquy for the car revolved around the Swatch name — and even today sector of the car such as its standardized viscosity charter are intelligibly coupled with the Swatch philosophy. The name "Smart" was derivable by adding the first culture of Swatch and Mercedes to the order "art".
In 1995, Hayek's daughter, Nayla Hayek
Nicolas Hayek
united the Board of Directors of the Swatch Group
Nicolas Hayek
and in primal 2010, she run co-Vice-Chairman of the Board. In 2003, his son, Nick Hayek, Jr.
Nicolas Hayek
run the CEO of the Swatch Group
Nicolas Hayek
. Hayek remained Chairman of the Board of the Swatch Group until his death. On 30 June 2010, two days after his death, the Board elected Nayla to replace him as Chairman.

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