Saturday, November 26, 2016

One Executive Worth his Salt


In case you haven’t noticed, some “executives” achieve their “C” suite positions because they are or border upon psychopathic personalities. They treat their employees like trash and their fellow executives like stepping stones.

Sergio Marchionne, however is a human being and an outstanding leader, as well. So, in my book, he is one executive worth his salt.

Mr. Marchionne has repeatedly proven his unequalled management skills over and over these past years as Chief Executive Officer of Fiat Chrysler Automobiles N.V.; Chairman and CEO of FCA US LLC.; Chairman of CNH Industrial N.V.; and Chairman and CEO of Ferrari N.V.

When Mr. Machionne speaks I know he speaks with the authority of a corporate combat veteran of untold global-spanning battles.

I lived through Depression.2. I can attest to the fact that for many Michiganders and automotive industry people throughout the world that past “recession” was much deeper and longer lasting than most people can appreciate.

So, when Mr. Machionne says that Mr. Trump is a "game changer", well, I know hard times may be just around the corner.*

I hate the thought of Depression.3, because I fear most of the 99.9% will not sit still and wait to be tossed out of their homes again while the .01% continue to enjoy the "Rich and Famous Life Style" touted by our President-elect.

* Marchionne: Trump is a 'game changer' for auto industry
“President-elect Donald Trump’s critical stance toward free trade could affect Fiat Chrysler Automobiles NV’s business in North America, according to the Italian automaker’s chief executive officer Sergio Marchionne.”

“Trump’s election ‘certainly is a game changer, mainly because I think that there are a number of conditions in the U.S. which are not yet spelled out,’ Marchionne told Bloomberg Television at an Alfa Romeo plant in Cassino, Italy. Statements Trump has made about trade are ‘a big issue’ because of the North American Free Trade Agreement’s impact on Fiat’s operations in the U.S., Mexico and Canada.”

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