Monday, December 16, 2013

Chrysler's Group's Marchionne Talks To MSU Graduates

Chrysler Group LLC's Chairman and Chief Executive Officer Sergio Marchionne addressed more than 5,000 students, faculty and family at Michigan State University’s (MSU) baccalaureate commencement ceremony held at the Jack Breslin Student Events Center in East Lansing, MI.

Chrysler Group has a longstanding relationship with the University as more than 618 MSU alumni work at the Company and 54 MSU students were employed as interns this year, more than any other university.

Marchionne used the famous battle of Thermopylae, between the ancient Spartans and Persian army, to highlight key values centered on leadership, for today’s graduates.

Marchionne told the group of 500 plus graduates, "Those Spartans embodied human traits that are timeless: courage, teamwork and selflessness. I’d like to speak to you today about these three values, and why I hope they will always inspire you. The Spartans demonstrated immense courage in taking on overwhelming odds. In the years to come you will need the same fortitude to lead positive change.

“Your educational experiences have provided you with more than just the credentials to ender the world of work. They have enabled you the opportunity to acquire the tools, both cultural and human to face all the complexities of life.”

He continued, “In an era of incredibly rapid globalization, the organizations that survive will be those that have leaders who are open to new perspectives and are not afraid of change.”

Marchionne then touched on the value of teamwork, “What I have learned from my experience as Chief Executive is that culture is the fabric that holds organizations together. And this fabric is woven together continuously, by members or a group and not by deeds of a single individual. The Era of the Great Man, of a greater-than-life individual who, working alone, cures the ills of an organization is now finally dead. The Great Man has been replaced by Great Groups who are able to accomplish much more than talented people working alone.

“Great Groups are led by men and women with the extraordinary capacity to bring out the best in others, help them build self-confidence and grow as professionals, and even more importantly, as human beings.”

Marchionne also talked about the importance of trust in leadership, “When you are able to build and nurture trust in people, they feel encouraged to develop both their professional abilities as well as their human abilities. They follow you not because they are obliged to, but because it is simply what they want to do.
“Trust is essential in leading change and leading people to do things with a sense of mission, bringing conviction and belief and devotion to the effort.”

He concluded with a summary of what it truly means to be a Spartan.

“The name you carry – Spartans – goes far beyond a great college football team that is going to the Rose Bowl. It goes far beyond the association with an excellent college, one that since 1855 has helped democratize higher education and advance the common good. Being Spartans is a way of living life to its fullest, with the disruptive force of a community that was a cradle of our civilization. I wish for you to live all your life as a Spartan and wage the good fight with courage teamwork and with selfle