In 2009 when Sergio Marchionne took over one of the Chrysler plants had around 200 workers and by the end of the summer over 4500 people were employed; at that location alone. During his 60 minute interview Mr. Marchionne gives a lot of acknowledgement to his employees crediting them for the successful turnaround in the company. This shows us that he is the type of leader who would motivate through the positive reinforcement theory because his positivity in the comments to his employees shows that he isn’t taking full credit for all the work that was done and the success that has happened. When Mr. Marchionne became CEO of Chrysler he moved his office down where the engineers work on the 4th floor. “No need for a top-floor penthouse, which sits empty where a chairman and three vice chairmen used to be, when a fourth floor office will suffice.” (Allpro.com). This was one of his first step in creating change of direction in a company which was used to being lead by leaders who didn’t fully engage with the employees. Another point to mention, and a result of his close contact with the engineer, is that the engineers were performing for him and were able to get a brand new car model designed and produced in less than a year; which proves his leadership style works. In order for a great leader to get this kind of effective cooperation from his employees shows his skills in leadership. By giving them positive reinforcement and being a motivational leader with high hopes with an optimistic vision for the future he was able to get them to perform and meet his standards and goals in a short allotted amount of time. This constrictive timeframe was strategic in reentering the automotive industry with a new product to boost sales and pro...
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...and his passion for the car industry to merge two car companies together in order for them to benefit from each other at a precise time in the market when he was able to be successful. He understood the problems the company faced, the demand in the market, and he had a clear vision on how to solve it. He gave himself timelines and goals and each were met with great success.
When Mr. Marchionne became CEO of Chrysler he moved his office down where the engineers work on the 4th floor. “No need for a top-floor penthouse, which sits empty where a chairman and three vice chairmen used to be, when a fourth floor office will suffice.” (Allpro.com). This one his first step in creating change of direction in a company which was used to being lead by leaders who didn’t fully engage with the employees. So how does Sergio Marchioone overcome the company’s financial problems?
Behind every great business these us a great vision from the founder. We all know or should know that the future hold for us. Henry Ford was one of them people that had a great vision for the future. He was for the Americans with average incomes. He a vision to change the way we get around in our everyday lives. Mr. Ford was born on a farm in (birthplace). Where he spent his time indulging into his engineering efforts on the farm by working on ways to work smarter and not harder. Henry Ford did not like working on the farm as he was coming up because he found the work very tedious. His parents put a work bench in the house so Henry could study things such as a watches. He would take something a part such a watch and analyzed the inner moving
rockets and understanding science. He knew that he didn't belong to Coalwood and that he could do something great in his life. The people believed in him after they realized he wasn't giving up. Let the inspirations keep inspiring.
He took a crucial role in underwriting companies that were made for public offering. He also increased his business endeavors through railroads, share holding, handling offering, financing, and placing his employees on company boards. At that time railroads were growing exponentially through the continent, and he had picked the best time to expand his banks wealth and his own personal power.
He made sure he was the one controlling all of his prices, and no one else could raise prices and take away part of his profits. An example of this is his merger with Henry Clay Frick’s Coke company. He started with about eleven percent of the company, but soon owned over half of the company (Rags).
His attitude was so impressive that it led to a major contribution in the world of aviation. The steps that he took, not listening to people say that he cannot do it, great secrecy, the need for perfection, and he does what ever is necessary to get the job done, that along side of his Texan attitude would lead to one of the greatest achievements in aviation. This great achievement was that of pressurized cabins which led to being able to fly higher and faster, thus cutting down travel time and expenses.
Henry Ford was a captain of industry. He owned Ford Motors, which was an automobile company. Ford was a man who always wanted his own way and he got it most of the time. The creation he is most famous for is the FORD MODEL T, the car for the commoners. His car became an instant hit amongst the people- the local people and the working class of people because it was very affordable and was not just for the rich. Ford was a very successful businessman but not particularly a nice guy. He expected a lot from his workers but thing is that he also cared for his workers, because he knew that not only were they dependent on him but also that he depended upon them, they were the ones due to which he was gaining popularity and success throughout America. Ford’s great strength was the manufacturing process for his cars. Instead of having people put together the entire car he created organized teams that added parts to the Model T as it moved down the assembly line, this lowered the production prices and also the time and energy required to put together the cars.
saw the future demands of the computer industry. He was able to build a personal
The company’s approach to motivate employees has been working in a positive way. The employees are satisfied with the family style community, and the productivity has increased as well. The company’s style of treating employees as important partners has been successful in other manufacturing companies too. For example, when Honda opened its first factory in the U.S., the CEO and employees shared the same cafeteria, just like Lincoln.
CEO Johnston also has plans to bolster the company’s leadership with the best minds available and also use motivational techniques to invigorate his employees. These ideas show the character of the CEO in enhancing productivity from his work force.
“Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” William Pollard’s, a 20th century physicist, words show us the power of being proactive, and igniting change to strengthen a company’s productive climate (Sellers, Boone, Harper, 2011). Acme Airlines flight attendants lacked incentive to improve the quality of their work, as a result of distrustful management and overall frustration within the company. Acme took successful steps to rebuild their FA program into a more relationship oriented work environment. Through an understanding of effective leadership, we will use the
This way of leading is faulty and not effective because under an authoritative leader usually does not praise people for their hard work. In Macbeth it says, “To give thee from our royal master thanks...And, for an earnest of a greater honor, he bade me, from him, call thee thane of Cawdor: in which addition, hail, most worthy thane, for it is thine.” (Act 1, Scene 3, Line 101 - 107). King Duncan is rewarding Macbeth with the title of Thane of Cawdor for Macbeth’s great service to the king. King Duncan praises his people for their good deeds and even rewards them. Similarly, employees work better after getting praise from their boss. They feel proud in their work and want to work harder for their boss. In the article on parenting and managing it says, “Managers play a big role in helping to make their employees feel empowered, confident and self-reliant by the positive feedback they provide.” (Crace). Employees become more confident in their work and their determination to do better. As a result, people do better work for others when they are praised and given promotions and
Employees have to work in a culture where they are presented with challenges and develop solutions by questioning their fellow work team rather than just following suit and agreeing or settling. “Toyota views employees, not just as pairs of hands but as knowledge workers who accumulate chi- the wisdom of experience- on the company front lines” (Takeuchi, 2008, p.98). This establishes input from everyone in the company even the frontline workers. “A “community of fate” ideology is developed, which means that employees feel that they and the organization share the same fate that they will succeed or fail together.” (Besser, 1995, p.383). This helps the personal goals align with organizational
As it is written in the text he is also a good leader and he knows what he wants for his business, how to keep his employees and how to run his business for high profit.
By allowing for employees to be increasingly engaged in workplace activities, they are then given the opportunity to develop new skills. Most leaders also encourage for employees to participate in team building activities so that any employee would be more comfortable and have stronger chemistry when working with other members of their respective departments, and with other employees in the company as a whole. Leaders are capable of motivating their subordinates through a series of actions, such as words of encouragement, acts of appreciation, and allowing for employee involvement in key decision making processes in the company. For instance, leaders who appreciate, constantly encourage and assist in the improvement of the tasks performed by their subordinates will be able to build a strong and healthy employer-employee relationship. This good relationship instils the traits of confidence in employees and motivates them to enhance their performance. Excellent leaders commonly try to develop a dialogue or establish open communication with their subordinates. Employees who are well
...no matter what. He thought that spending time with family was far more important than anything else. It’s a good thing to have values like that. He’s an honest hard working man that deserved all the good things he got. He didn’t fold when it looked hopeless at Chrysler, he did everything he could to keep the company alive, and now it’s having more success than it ever has in it’s history of existence. This is a very good book, and I recommend that everyone read this one. It’s got a lot of interesting stuff and advice in it. It also gives great insight into the auto manufacturing business. There are a lot of stereotype’s out there that say a car company tried to kill them. But really, all of the guys that make the cars are driving them themselves. They don’t purposely make bad cars, they drive them and so do their kids, and I don’t think all of them are suicidal maniacs either. I think most of them are sane people. I say one thing we need less of in America is blood sucking lawyers. They’re just greedy people that we could do without some of them. I learned that in order to succeed, you must not give up easily. You can’t give up on your dreams until you have put your all into it.