MGHB02H3 Chapter Notes - Chapter 9: Social Exchange Theory, Contingency Theory, Glass Ceiling

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Ceo of fiat chrysler automobiles (fca), the seventh-largest automaker in the world. Before he became ceo, fiat had gone through 4 ceos in 3 years. Marchionne changed its entire top-down executive structure and turned the company around in 18. What sets sergio marchionne apart from other leaders? months, restoring it to profitability. Hard-driving business executive who carries 5 cellphones with him at all time. Hard taskmaster who works all the time and is very hands on. He has developed a reputation for speaking his mind. Passion for vintage cars and classical music. Leadership is about motivating people and gaining their commitment enhancing the productivity, innovation, satisfaction, and commitment of the workforce. = leadership that involves the ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization. Strategic leaders can provide organization with a competitive advantage by helping their organizations compete unpredictable environments and exploiting growth opportunities.

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