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The 's Leadership Traits, Behavior And Styles Essay

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Chrysler is among the biggest American automobile companies. However, before the current success the company enjoys, it underwent enormous losses and was declared bankrupt during the 2008-2009 automotive industry crisis. With the appointment of Sergio Marchionne as its chairperson and CEO, the company became successful again. Marchionne 's unique leadership skills, type, and behavior that are not always popular are credited with the success of the enterprise. The paper discusses Marchionne 's leadership traits, behavior and styles and how they have contributed to the firm 's success.
Personality and Leadership Traits Sergio Marchionne is a visionary man full of drive, a trait necessary for leaders (Kumar, 2009). Upon taking the reins at Chrysler Group on 10 June 2009, Marchionne had a vision of Chrysler reclaiming its position among the top automobile manufacturing companies in the world. To achieve this goal, Marchionne borrowed $7.6 billion from both the Canadian and United States governments (“2011 All-star”, 2011, para.7). By mid-2010, Chrysler had launched sixteen new vehicles to be presented for the 2011 model period. He even managed to pay the loan to the two governments six years in advance. Moreover, because of Marchionne’s vision, as from mid-2010 to the end of 2011, Chrysler Company had about nineteen straight months of year-over-year sales increases (“2011 All-star”, 2011, para.9). There was a rise in demand for the Company’s Jeep motor vehicle among automotive

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