Leadership Styles Of The Multi Billion Dollar Company

Leadership is one of the most useful skills one can obtain. It was believed that leadership couldn’t be taught, but that one is born with the appropriate skills to lead. Leaders come in a wide range of different personalities and styles. There have been many great leaders since the beginning of human existence. The great question of what makes an effective leader continues to be one that can be debated. Many theories have been formed about how leaders have been either made or born with the trait. Sergio Marchionne, Chief Executive Officer of Fiat Chrysler Automobiles, is an example of a great leader. His leadership style and traits contributed to the success of the multi-billion dollar company after suffering a major financial crisis in 2009. The most significant leadership styles that Sergio Marchionne possesses are Democratic and Laissez-Faire. When necessary, he can be autocratic and bureaucratic. Marchionne encourages participation from his employees and includes their input in the decision making process. When they cannot gather a logical plan of action, then he takes the initiative to make the decision that benefits the company. He always makes himself available to guide his team on how to develop valuable input. He asks his team to have the courage to be independent, with the expectation that they build leadership skills and are capable of making important decisions on their own for the benefit of the corporation. Sometimes, in order to make a change, theShow MoreRelatedCoca Cola s Leadership And Management Style Of The Company1329 Words   |  6 PagesIntroduction The Coca-Cola Company is a global company which manufactures, distributes and markets a range of non-alcoholic beverage concentrates and syrups. It currently markets over 500 brands and 3,500 products and owns four of the top five non-alcoholic beverages in the world: Coca-Cola, Diet Coke, Fanta and Sprite. These products are manufactured and distributed through a network of distribution and bottling partners. They are a multi-billion-dollar company who operate a franchised distributionRead MoreEnvironmental Leadership of IBM Essay977 Words   |  4 PagesEnvironmental Leadership of IBM IBM has not only succeeded in maintaining its competition in providing software, computer technology and systems integrators, but IBM also successfully managing its resource such as energy, water, and material, including waste product, thus offering environmentally friendly products and services which have been recognized by various parties and has received many awards (IBM Environment Report, 2012). IBM success is always related to the leadership style of it appointedRead MoreWhat I ve Learned Over Time Is That Optimism Is A Very Important Part Of Leadership894 Words   |  4 PagesRobert A. Iger once said, â€Å"What I’ve really learned over time is that optimism is a very, very important part of leadership†. Robert A. Iger was born and raised on February 10th, 1951 in New York. City, NY. From an early age Iger felt certain he was interested in the media network. His primary goal was to become a television news correspondent for CBS News. He pursued this aim at Ithaca College. After graduating from Ithaca in 1973 Iger began his professional career in Ithaca, New York. His professionRead MoreCharacteristics Of An Multi Billion Dollar Contract851 Words   |  4 PagesA. Starcorp Industries Starcorp Industries were developing its proposal for the multi-billion dollar contract, and due to the company’s depleting cash reserves recently laid off a number of ‘non-essential’ employees over the last couple of months. Starcorp Industries have landed one of the contracts and in the process, purchased an additional 500 employee engineering firm to beef up the engineering staff and expand their customer base. Following the acquisition of the engineering firm Starcorp IndustriesRead MoreMadoff1370 Words   |  6 Pagesorchestrated a multi-billion dollar Ponzi scheme that swindled money from thousands of investors. Unlike the promoters of many Ponzi schemes, Madoff did not promise spectacular short-term investment returns. Instead, his investors’ phony account statements showed moderate, but consistently positive returns — even during turbulent market conditions. In December 2008, the SEC charged Bernard Madoff and his investment firm, Bernard L. Madoff Investment Securities LLC, with securities fraud for the multi-billionRead MoreWhat Is Situational And Authentic Leadership?1900 Words   |  8 PagesSituational and Authentic leadership are increasingly important skills to possess in today’s era of technological changes and availability and flow of information we have in this day and age. Leaders today must be able to adjust their leadership styles to the whatever situation arises as well as to the people who they are leading. Leaders are not limited to just use one style in one situation, being able to adapt appropriate styles to different situations will influence and help a leader succeedRead MoreAndrew Mason Rise and Fall of Groupon702 Words   |  3 Pages1. How would you describe the leadership skills of Andrew Mason? How would you rate his leadership style? In what ways does he fit the profile of the typical business founder? In what ways is he different? We can agree that every leader is unique in their own way, given that their individual traits are what qualify them as leaders in their own way. This being said certain characteristics might cause you to be a exceptional/average/bad leader. In addition to your personal abilities, there are manyRead MoreVirgin Group Ltd : A British Venture Capital Conglomerate1614 Words   |  7 PagesLTD is a British venture capital conglomerate that has been around since 1970. Virgin encompasses over 400 different companies located in many industries such as: financial services, transport, food and drink, media and telecommunications. Headquartered in London, this British corporation has come a very long way since it’s birth in 1970. One of the main reasons for the companies success is because of its founder; Sir Richard Branson. Branson, born July 18th, 1950 in London England, startedRead MoreLeadership Practices And Its Impact On The Success Of The World Essay1420 Words   |  6 Pagesresearch paper in based on contemporary leadership practices which help to steer the wheel of the organisation to greater heights. Leadership as the topic has previously been viewed to play a great impact on the success of the most ranking organization in the world. The genesis to this is starting in past century to the 21st century (Bennis W.2007). It is through this research; efforts are made to apply relevant leadership practices concerning Apple Company about an icon in Apple’s C.E.O Steve JobsRead MoreAssignment 1 Admn 232 Administrative Principles Essay examples1041 Words   |  5 Pagesvolatility with a calm and confident ease than many in his position would be capable of. One of the largest challenges of his position as a top manager in the organization is making things happen. He achieves this by increasing profitability through leadership (interpersonal role, leading function) and delegation (decisional resource allocator role, organizing function) to control and utilize the strengths of his entire financial team. Additional top managers such as the VP of Finance; middle managers