Thursday, July 25, 2019
Leadership traits behaviors and styles Assignment
Leadership traits behaviors and styles - Assignment Example However, of significance to the study is Marchionneââ¬â¢s tenure as CEO of Chrysler, an automobile company based in the United States. Marchionne took over as CEO in 2009 replacing Robert Nardelli, at a time when Chrysler faced huge financial constraints. The fact that he had turned Fiat, an Italian based automobile company into a profitable organization, made him the ideal candidate for the job. Marchionne managed to repay Chryslerââ¬â¢s loans to the government six years in advance and re-built Chrysler as a profitable automobile empire within a very short time (Wernle, 2010). Explored in this essay includes Marchionneââ¬â¢s leadership and personality traits, behavior orientation, and leadership style. The Five Factor Model (FFM) outlines five personality dimensions, which include Neurotism, Conscientiousness, Agreeableness, Extraversion and Openness (OCEAN). Within each dimension are primary factors, which describe in detail individual qualities. Personality psychologists such as Eynseck infer that an individualââ¬â¢s personality encompasses a combination of both dispositional and situational factors. Dispositional factors account for internal factors such as temperance and cognitive and genetic predispositions among others. Conversely, situational factors account for external factors predisposed by the environment such as media, family and peers among others. The analysis of personality dimensions proposed by the FFM enables one to analyze an individual in a holistic manner without the overlapping of qualities, which are specific to each dimension. As such, a person either falls on one end of the high-low continuum of each dimension. Sergio Marchionne is high in conscientiousness, low in neuroticism, high in openness to experience, moderate in extraversion, and low in agreeableness. Conscientiousness encompasses an individualââ¬â¢s inclination towards being involved and dependable. As a CEO,
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