The result of all this analysis -- Mustang was born! It was a sexy sports car that a young man might want for his first car, but that that women could still drive around the neighborhood to do their shopping. Iacocca 'got' the Baby Boom, suburban car-driving teen lifestyle even before it became an official trend -- he was ahead of the curve. The predicted promise of the 'pony car' promised plenty of success for Ford!
The Italian-American Catholic Iacocca became president of Ford in 1970. This was considered ground-breaking, in a company dominated by WASPs, and family tradition ("Lee Iacocca," Britannica Concise Encyclopedia, 2006). However, President Iacocca's brash style clashed with the more buttoned-down style of management of Ford, specifically the personality Henry Ford III. At Ford, toeing the line and making your character as conformist as an old-style Model T. was often more important than the profits. Lee's innovation and naked determination to be the best didn't always fit in. But Iacocca was ready for an even greater challenge. He moved onto Chrysler, a once proud star in the American automotive firmament which had fallen into bankruptcy.
People said his task was hopeless, but Iacocca ignored these doubters. At first, as predicted Iacocca was unable to get private banks to finance his vision for Chrysler. But he went to President Carter and Congress and asked for $1.2 billion in federal loan guarantees. The loss of jobs and a major American automotive company would further destabilize the already fragile American car market, he argued. Congress agreed, and passed the Chrysler Loan Guarantee Act. Filled with the confidence, and knowing he had benefited from the trust and the taxpayer, Iacocca made Chrysler prosper. "The K. car, and the numerous models derived from it (including the minivan) put Chrysler back into the black" (Goodrich, 1990:1).
This came at a price -- Iacocca had to be harsh. It meant layoffs, wage cuts, and plant closings to make the company more efficient. Success always comes at a price. But Lee's most important insight was the need to shift to more fuel-efficient cars and compete with the Japanese behemoths of Toyota...
Commemorative Speech: My Wife Every spring, many people graduate from college and receive a piece of paper called a diploma. There is no way that simple piece of paper, no matter how beautiful or elaborately written can convey the struggle of that graduate to achieve her goal. My wife, who graduated today with a degree in biology, is my hero. For many years, she was uncertain if she would be able
I. Introduction A. What makes someone a hero? B. My mother is my hero. C. My mother is an archetype and metaphor that is relevant to all of society D. My mother is intelligent, understanding, and devoted. II.Intelligent A. Book Smart B. Worldly C. Quick-Thinker III.Understanding A. Treats children like equal people 1.Takes our problems seriously 2.Gives us good, non-preaching advice 3.Gives us the freedom to make our own choices 4.Supports the decisions that we make 5.Is still always there to catch us if we
Her selflessness was obvious many times over. In the eighties, during the grip of the AIDS panic, Diana was one of the first celebrities to be photographed holding the hand of a man who was dying of AIDS. At a time when children who were infected were shunned and people were afraid to help them, Diana took a stand and comforted a dying man. The sort of personal integrity
Shaping, reinforcing, and changing responses. Shaping; mind-sets are "shaped" by relating satisfying environments with a product, individual, or a thought. Reinforcing; opposite of the accepted belief, many persuasive communications are not intended to change people, but to strengthen a place they already embrace. Changing; it is one of the most significant persuasive impact and the one that comes in to mind immediately when we think of persuasion. Communications can
The Rangers eventually located the battery of cannons that had been moved by the Germans and destroyed them with thermite grenades and helped secure the adjacent beaches for the rest of the D-Day invasion forces. President Ronald Reagan and the Rebirth of Patriotism President Reagan may have been a "B movie" actor who was best known for his roles in movies such as "Bedtime for Bonzo," but he was also enormously patriotic
Building Coalitions Early on in my career I recognized that building coalitions was a highly regarded quality within the federal government, and it became my goal to be respected by both civilian and military leaders. Throughout the course of my career, I have been able to build strong relationships with many outstanding colleagues and have been involved with successful actions at high levels of government which have allowed me ample opportunities
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