An Autobiography Lee Iacocca Essay - 2121 Words

1. Title: Iacocca, An Autobiography. 2. Author: Lee Iacocca with William Novak. 3. This book is an Autobiography. 4. Publisher: Bantam Books  ® 5. Copyright  © July 1986 6. Pages: 357 7. Historical Background: His name when he was born was Lido, not really Lee. He changed it when he had to go down South for a sales campaign. He thought that the Southerners would like it better if his name was Lee. It worked fairly well too. Anyway, his father was the first person to arrive in America. He arrived in 1902, at the age of 12. His father went back to his birthplace, Italy, and married Antoinette. They came back across the Atlantic. Except this time, his father, Nicola, was an American citizen. They moved to Allentown,†¦show more content†¦8. Lee Iacocca is famous for a number of things. Some of his most famous are his having to play a major role in creating the immensely successful original Ford Mustang. Then from there he went on to be President of Ford in the 1970’s. Henry Ford II was trying to get rid of Lee. He thought Lee was always plotting against him. So eventually, after a lot of pressure and some serious blows close to home, Henry just flat ou t fired Lee. Lee then accepted an offer at Chrysler to bail out the company. There were a few other people that had been fired from Ford during Henry’s rampage, that were already at Chrysler. Chrysler was a disaster. Nothing was organized. Lee got it all organized and tried to save the company, but they had huge debts, and the government regulations and the oil crisis were killing not only Chrysler, but GM and Ford were getting hit hard too. Since Chrysler was the smallest, and it had the most problems, it got hit the hardest. As a last ditch effort, Lee went to the government for loans. He got them after a huge fight and some bad publicity. He turned Chrysler around, and turned it into a profitable company. It also made good quality cars too. He’s credited for being the creator, and being the first person to bring the minivan to the market. It was extremely successful. Chrysler is now a huge company that is not only profitable, but it makes world class cars. But when Lee first got there, it looked impossible. He did it though.Show MoreRelatedTransformational Leadership2756 Words   |  12 Pages One example is Sam Walton, founder of Wal-Mart, who often visited Wal-Mart stores across the country to meet with associates to show his appreciation and integrity for what they did for the company. Sam Walton gave â€Å"rules for success† in his autobiography, one of which was to appreciate associates with praise (Walton, 1996). WHY TRANSFORMATIONAL LEADERSHIP IS IMPORTANT Factors such as rapid technological change, heightened levels of competition, a rising flow of products from newly industrializedRead MoreDeveloping Management Skills404131 Words   |  1617 PagesDilemmas 86 SKILL PRACTICE 89 Exercises for Improving Self-Awareness Through Self-Disclosure 89 Through the Looking Glass 89 Diagnosing Managerial Characteristics 90 An Exercise for Identifying Aspects of Personal Culture: A Learning Plan and Autobiography 92 SKILL APPLICATION 95 Activities for Developing Self-Awareness 95 Suggested Assignments 95 Application Plan and Evaluation 95 SCORING KEYS AND COMPARISON DATA 97 Self-Awareness Assessment 97 Scoring Key 97 Comparison Data 97 Emotional IntelligenceRead MoreLeadership Development42674 Words   |  171 Pages £270 million. This figure was an estimate made by managers of the value of errors made by untrained junior managers, and waste caused by missed deadlines, customer complaints etc. Performance improvements were examined following e ach training course (Lee, Coaley and Beard, 1993). Winterton and Winterton (1996) in an in-depth analysis of 16 UK organisations, looked at the impact of competence-based management development activity on performance. They found a statistically significant relationship betweenRead MoreStrategy Safari by Mintzberg71628 Words   |  287 PagesE T L A E IN THE P P L R PRESS. Of all the writings about entreRA E DR OU A preneurship, the vast majority has been popular—in the spirit of the great leader view of management—and can be found in the popular press or in the biographies and autobiographies of famous tycoons of industry and other notable leaders. Entrepreneurship can, for example, be followed biweekly in Fortune, a magazine that tends to attribute business success to the vision and personal behavior of the heroic leader. CEO Jack