Lee Iacocca always stumps me with his writings and he strikes again. I recently finished reading his book “Where have all the leaders gone !”. Another Master piece should i say. His clarity on thoughts about the leading issues on United States and the reason why it stands there is vivid in the book. It was written before Barack Obama was elected president. Writing about leadership he gives a ‘C’ analysis of who should be a leader.

  • Curiosity
  • Creativity
  • Communication
  • Character
  • Courage
  • Charisma
  • Conviction
  • Competent
  • Common Sense

9 simple things. See if you boss has it for a different perspective of that person. If you dont have a good person leading you, then you are in big trouble. Otherwise if you are a leader, judge how you should be. It made sense to me atleast. Optmisim, Common sense and Discipline. Most wanted if you want to be a good leader.

I never really thought Lee Iacocca actually met Fiedel Castro and they both talked about Che Guevara. That was something worth knowing. May be he right, US must open doors for trade with Cuba. Their believed communist partner China is not following it anyways now !

Some US Govt projects like National Debt, Energy policy, Defence policy ( War on Iraq ), Educational Sector were his major targets all along. Speaking of national debt, the Debt on India is $7.55 Trillion.  Imagine that were to be split up and you were asked to pay your share to the country. 🙂

Criticising the Auto Industry and M & A that were so predominant last year, he shares three simple rules to do so.

M & A and buying of companies were on the all time high not too long ago, but most of them failed.  Lee would just put three questions infornt of you.

  • Will it build a mouse trap ?
  • Will it ultimately create jobs ?
  • Will it stand the test of time ?

If you answer is yes for all the three questions then go ahead and merge !

Being in the auto industry all his life, lee cannot write a book with out bringing cars into the picture. He was good at that, we need to accept it. Some suggestions i should say are applicable everywhere !

  • Sense of urgency
  • Assembling a top team
  • Share the sacrifice ( in order words, be ready for bold moves )
  • Simplification of the task
  • Following the market and lightening up

A typical example from the auto industry for the psychology of the customer is the way in which they prefer a heavier car over a lighter car just because it makes them feel comfortable and strong. They will suffer less damage in an accident. ” If you want guarenteed safety on the road, why not drive a tank !” Lee’s point is heavier cars is more fuel. In this energy crisis world its is always better to find ways to save some.

Intense patriotism and an indominable desire to change the world for its own good !

Strangely he quoted globalization this time in his book.

The truest definition about globalization is princess diana’s death.

An English princess with an egyptian boy friend crashes in a french tunnel, driving a german car with a Dutch engine, driven by Belgian who was drunk on scotch whisky, followed closely by Italian Paparazzi, on Japanese Motor Cycles, treated by an Americal doctor, using Brazillian Medicines. This is posted by an American, using BIll Gates’ technology, and you are probably reading this on a computer that uses taiwanese chipsets and a korean monitor assembled by Bangladeshi workers in a singapore plant, tranported by Indian lorry drivers, hijacked by Indonesians, unloaded by silican longshoremen, and trucked to you by Mexican Illegals. :>

“It is not a weakness to admit the other guy has a point once in a while.” – Lee