Its amazing how the personality of the CEO and the performance of the organization are inter-twined. Whenever we think of organizational culture, we cannot help thinking of the CEO. Although organizational culture is made up of shared beliefs, assumptions and norms of behaviour within a group – be it a business organization, a university or a Government department- there is no doubt that the one who influences it the most is the Big Chief – the CEO.
In this context, a business story that makes interesting reading for the many twists and turns over the decades is that of the US automaker – Chrysler. It was founded way back in 1924 by Walter Chrysler, former President of the Buick Motor Company. Continue reading