Monday, April 15, 2019

Ceo Fiat & Chrysler Analysis Essay Example for Free

Ceo Fiat Chrysler Analysis EssaySergio Marchionne is well known for taking over struggle car companies and turning them around. His most recent endeavor was becoming the CEO of Fiat and Chrysler. His line of reasoning idol, Steve Jobs, who oftentimes like himself, took a struggling computer company and turned it into a company that continues to change the way of life we live and communicate today. It is no surprise that Sergios idol is a transformational leader who had similar goals and charisma. Micro com bursting charge wizard(a) of Sergios betimes efforts was to transform the company from iodin that made large gas guzzling vehicles to one that made more energy efficient ones. He wanted to work closely with the engineers and omnibuss that made the usable decisions and organizational design issues (DubBrin, 2013). Someone at his level typic every(prenominal)y makes more of the strategic decisions and relies more upon his management staff to handle the periodic tradi ng operations and direct them as needed. Many managers arent able to tardily let go of how they used to operate (Ashkenas, 2012). It seems that Sergio is trying to stay connected with the decisions and the people in his newfound role in a similar many he would have if he was still and manager and not the CEO. It also appears that he is afraid of losing touch with the operations of the organization. Ashkenas says that many in his position observe that they become more isolated in their higher up position so they compensate and reciprocate their anxiety by attempting to stay as connected as much as possible (Ashkenas, 2012). When Sergios need for more direct impact and interaction unites with his old tendencies to manage, then he becomes more of a micromanager whether he realizes it or not.Sergio is a very labor oriented leader. DuBrin lists out 2 characteristics of a task oriented leader that fit Sergio well. Sergio is good at setting the direction of Fiat and Chrysler new miss ion to make more fuel efficient cars. He also provides a lot of hands-on focus and feedback. When Sergio said that he wanted to work closely with the people making the day-to-day decisions, one of his executives was quoted saying it shows me that he is going to be very hands-on (DuBrin, 2013). His desire to remain in close contact with the operations atomic number 50 help enhance his technical knowledge, which Dubrin says is a very important leadership characteristic, in time too muchguidance and closely tied decision making is a sign of micromanagement. Concerns with adit handleSergio was very concerned about the door handle that was not water-tight. Some leaders wouldnt want to waste time and money trying to fix something that could be easily ignored. In the early part of his career, Sergio said that this issue would have probably been swept under the carpet, but not anymore (DuBrin, 2013). Take a minute to think about Sergios idol, Steve Jobs. What made his company and his legacy into something that go out be talked about and studied for years? It was not only his charisma and vision, but his attention to power point and his unwillingness to compromise until his products r severallyed perfection. Jobs was quoted in a Smithsonian Magazine article saying it takes a lot of large(p) work to make something simple, to truly understand the underlying challenges and come up with elegant solutions, (Isaacson, 2012). It makes sense that Sergio would be as concerned about the door handle as he was. His idol was someone who wouldnt stop until perfection was reached and it seemed like he tried to emulate Jobs management style. This whitethorn solidify as discussed above that he is more of a micromanager than he realizes. Looking at all of the hi theme and success that Jobs brought to Apple, which almost went bankrupt (Shontell, 2011), how could you blame Sergio for being so concerned with Fiats and Chryslers design? Dual CitizenshipAs the CEO of 2 companies in 2 assorted countries, being a two-fold citizen of both countries has its welfares. By being a citizen of Italy Sergio has a curious opportunity as a businessman. He has correct access to financial and investment opportunities in Italy that whitethorn benefit both countries which would otherwise be difficult to get for non-citizens. By being a citizen of a European conjunction country, Sergio is able to work or live anywhere in the European Union which expands his options when it comes to doing business and possibly trying to grow his business (italiandualcitizenship.com, 2013). He can tour between Canada and Italy with residual without having to get a work visa, so if a need arises where he need to quickly travel to either company, he can do so without any issues.As a citizen of each country, Sergio can identify himself with the people of Canada and Italy and be better able to fit in with the culture. Levi talks about a one key thing about aggroups that relates well with Ser gios situation, group norms. Group norms help ground the groups values, establish a common ground for operating, define appropriate behavior and bring on a distinct identity (Levi, 2011). Think of each country and business as a team or group. As a member of each group, Sergio would most likely have a better understanding of each countrys and businesses norms so he could better fit in as part of the team rather than an outsider. He may better be able to motivate his teams other than since theyre each part of different countries and get more productivity out of them. ConclusionSergio has a unique opportunity by being the CEO of 2 different companies in 2 different countries. He invests much of himself in both Chrysler and Fiat. He is so concerned with his companys 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 companys products and performance the way his business idol was, Stev e 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 readiness 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 team.Sergio has a lot of good qualities that benefit his position as CEO of 2 different companies. While he cares a lot about the product, quality and day-to-day operations, he require to focus more on the strategic initiatives especially if he plans on integrating business operations between Fiat and Chrysler. He also has the benefit of being a citizen of both Italy and Canada so he can understand and fit in with the norms of each country, but bei ng seen as a micromanager could delay productivity and respect from his teams. Overall Sergio has great qualities and is positioned well to run both companies. As long as he doesnt lose sight of the bigger picture, he willprobably achieve what he set out to achieve.ReferencesDuBrin, A. (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.htmlShontell, A. (2011, January 19). The amazing story of how Steve Jobs took apple from near bankruptcy to billions in 13 years . Retr ieved from http//www.businessinsider.com/how-steve-jobs-took-apple-from-near-bankruptcy-to-billions-in-13-years-2011-1Italian American Citizenship. (2013). Italian dual citizenship. Retrieved from http//www.italianamericancitizenship.com/Benefits.html http//www.italiandualcitizenship.com/id50.htm

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