Leadership Lessons from Lee Iacocca

This week the world lost a great leader: Lee Iaccoca.  He died at a ripe old age of 94, after having an incredible career in the auto industry, and many years with family.  He’s someone that I’ve shared about in past blog posts because while he may not have been a current leader (i.e. running a business and being the topic of many news stories each month) he’s certainly someone that we can learn from and admire, and apply many of the things that made him so successful to our businesses today.

One of the reasons that his story is so incredible is because he did what he did in an industry that is known for distrust; it’s always been said that you shouldn’t trust a car salesman.  Yet what he did was sell cars, and he not only helped run several car businesses well (Ford and Chrysler), he appeared in their ads because he was so well trusted and admired.

In one of his books he shared a list of what makes up a good leader, a list that shows why he was so successful as a leader.  This list includes: curiosity, creativity, communication, character, courage, conviction, charisma, competence and common sense.  Being a leader that lived that list, he was able to connect with people on a level that too many leaders aren’t able to do, and therefore aren’t able to be as successful, or bring as much of their vision to fruition as they could if they were better at connecting with people.  Iaccoca believed strongly in picking good people, and treating those people as a priority.

From two of the vehicles that Iaccoca helped create, the Mustang and the minivan, we’re reminded of the value of having good ideas, and a good team to help bring those ideas to life. Not every idea will work out well, as Iaccoca found out and I’m sure you have too, but you can’t get anywhere if you aren’t willing to put those ideas out into the world and try to make them a reality.

With the number of people who have been great leaders, who have helped this world become a better place passing on, it’s up to us to pick up the mantle and grow into leaders who would make them proud.  Some leaders are born, but the large majority of them are made through long days, hard work and sweat-equity.  Will you be one of those leaders the world needs?

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