Lee lacocca
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Transcript of Lee lacocca
Presented By:
JUHI GUPTA (Group I)
• Other Members: Annapurna Anirudh T. Venkat Chinna Lalit Kumar Srinivas
LEE LACOCCA
Lee Lacocca• 1924: Born in Pennsylvania.• 1942: Graduated in Industrial engineering • 1946: Began his career in Ford Motor Company
as an engineer trainee.• 1960: Vice President of Ford.• 1967: Executive Vice President.• 1970-1978: President of Ford Motor Company.• 1978: Was fired away by Henry Ford II.• 1979: Became Chrysler’s CEO and retired in 1992.
TRANSFORMATIONAL LEADER• After resigning from Ford Lee Iacocca signed up with Chrysler. Chrysler was a sinking ship.
• Lee instituted a system that would cut costs, ensure quality and inspired the people of Chrysler to work better. He brought down his salary to $1 a year just to help the company.
• He did everything he could but still people weren’t buying and Chrysler was still sinking.
• 1979- Got approved by the US Congress and Chrysler finally got transformed into a strong competitor of Ford and General Motors.
• Lee was the person who transformed a dying corporation—a leader in action battling for change. This is transformational leadership at its best.
MBTI: ENFJ• Believes in his dreams, and see himself as helper and
enabler.• Global learner.• Focus is expansive.• Organized in the arena of interpersonal affairs.• Knows and appreciate people.• Sometimes neglect himself and his own needs for the needs
of others.• Has tremendous entrepreneurial ability.• Often takes on more of the burdens on himself to control the
situations.
ACHIEVEMENTS• Iacocca Foundation : He supports innovative diabetes research nationwide.
Supports amazing scientists and helped advance exciting research.
• The Statue of Liberty-Ellis Island Foundation: It works to maintain this gateway to America (Statue of Liberty).
• Lehigh University: In 1997, I established The Global Village for Future Leaders of Business and Industry at his alma mater.
• Nourish the Children: This organization distributes nutritional supplements to needy and starving children all over the world.
• Olivio Products: We formed this company in 1993 with the goal of introducing Americans to the benefits of a diet rich in Mediterranean olive oil.
• The Lee Iacocca Award: He conceived this award IN 2006 as a way to honour the world's most committed classic-car collectors and restorers around the world.
LACOCCA’S LEADERSHIP SCORECARD
He devised this scoring system to encourage to think about leadership qualities. The 9C's are a roadmap for citizens to choose leaders. According to him they are relevant in every area of life.
9 C’s
Common Sense Communication
Creativity Conviction
Competence Courage
Character Charisma
Curiosity
THANK YOU