Lee Iacocca

Lee Iacocca

Brief History of Lee Iacocca

Lido Anthony (Lee ) Iacocca has become a business icon as an example of success as a manager and leader in the dramatic growth and turnaround of ailing business firms . He changed his name to Lee when he started training at Ford because this was easier to remember by his colleagues to establish an immediate connection with co-workers (ICMR 2003 . Even the change of his name was a strategic success , whether he intended it as such or not , since the change gave him easier name-recallwith fellow

br trainees as well as managers or supervisors . When he moved up to higher positions , his nickname also created a semblance of distinction on the part of those under him and his fellow managers

He was born in 1924 in a small Pensylvannian town to an Italian immigrant parents . As a son of immigrants , he grew up believing in the American dream that hard work would transform one 's dream to reality Through the hardworking example of his father , Lee Iacocca was industrious . He would push the carts of shoppers and paid for it . He also worked a hotdog stand , worked as crew inside a grocery , sold real property , and other jobs he could find . He experienced the impact of the Great Depression and the Second World War as a child and teenager . His family , like all families in America , experienced difficulties during the drepression . He also witnessed the periods of growth and decline of industries in the 1920s...