Sergio Marchionne Biography
Sergio Marchionne is well known for taking over struggling car companies and turning them around. His most recent endeavor was becoming the CEO of Fiat and Chrysler. His business idol, Steve Jobs, who much like himself, took a struggling computer company and turned it into a company that continues to change the way we live and communicate today. It is no surprise that Sergio’s idol is a transformational leader who had similar goals and charisma.
Micromanagement
One of Sergio’s early efforts was to transform the company from one that made large gas guzzling vehicles to one that made more energy efficient ones. He wanted to work closely with the engineers and managers that made the operational decisions and organizational design issues (DubBrin, …show more content…
He invests much of himself in both Chrysler and Fiat. He is so concerned with his company’s day-to-day operations that he may miss out on most effectively managing the strategic initiatives between both companies. He is also concerned with both company’s products and performance the way his business idol was, Steve Jobs, that he risks being seen by many as a micromanager or micro-CEO which may be counter-productive. As a citizen of both Canada and Italy where both companies are located, Sergio is better able to take advantage of the ease of travel between counties, and has better access to financing and investment opportunities in each country that could benefit both Chrysler and Fiat. His dual citizenship may also give him a better understanding of the social norms in both countries so he can better manage and fit in within each company or …show more content…
(2013). Leadership - research, findings, practice, and skills. (7th ed.). Mason, OH: South-Western, Cengage Learning.
Levi, D. (2011). Group dynamics for teams. U.S.A: Sage Publications Inc.
Ashkenas, R. (2012, 11 19). Why no one admits to micromanaging. Retrieved from http://www.forbes.com/sites/ronashkenas/2012/11/19/why-no-one-admits-to-micro-managing/
Isaacson, W. (2012, September). How Steve Jobs ' love of simplicity fueled a design revolution . Retrieved from http://www.smithsonianmag.com/arts-culture/How-Steve-Jobs-Love-of-Simplicity-Fueled-A-Design-Revolution-166251016.html
Shontell, A. (2011, January 19). The amazing story of how Steve Jobs took apple from near bankruptcy to billions in 13 years . Retrieved from http://www.businessinsider.com/how-steve-jobs-took-apple-from-near-bankruptcy-to-billions-in-13-years-2011-1
Italian American Citizenship. (2013). Italian dual citizenship. Retrieved from http://www.italianamericancitizenship.com/Benefits.html
Micromanagement
One of Sergio’s early efforts was to transform the company from one that made large gas guzzling vehicles to one that made more energy efficient ones. He wanted to work closely with the engineers and managers that made the operational decisions and organizational design issues (DubBrin, …show more content…
He invests much of himself in both Chrysler and Fiat. He is so concerned with his company’s day-to-day operations that he may miss out on most effectively managing the strategic initiatives between both companies. He is also concerned with both company’s products and performance the way his business idol was, Steve Jobs, that he risks being seen by many as a micromanager or micro-CEO which may be counter-productive. As a citizen of both Canada and Italy where both companies are located, Sergio is better able to take advantage of the ease of travel between counties, and has better access to financing and investment opportunities in each country that could benefit both Chrysler and Fiat. His dual citizenship may also give him a better understanding of the social norms in both countries so he can better manage and fit in within each company or …show more content…
(2013). Leadership - research, findings, practice, and skills. (7th ed.). Mason, OH: South-Western, Cengage Learning.
Levi, D. (2011). Group dynamics for teams. U.S.A: Sage Publications Inc.
Ashkenas, R. (2012, 11 19). Why no one admits to micromanaging. Retrieved from http://www.forbes.com/sites/ronashkenas/2012/11/19/why-no-one-admits-to-micro-managing/
Isaacson, W. (2012, September). How Steve Jobs ' love of simplicity fueled a design revolution . Retrieved from http://www.smithsonianmag.com/arts-culture/How-Steve-Jobs-Love-of-Simplicity-Fueled-A-Design-Revolution-166251016.html
Shontell, A. (2011, January 19). The amazing story of how Steve Jobs took apple from near bankruptcy to billions in 13 years . Retrieved from http://www.businessinsider.com/how-steve-jobs-took-apple-from-near-bankruptcy-to-billions-in-13-years-2011-1
Italian American Citizenship. (2013). Italian dual citizenship. Retrieved from http://www.italianamericancitizenship.com/Benefits.html