February 2002
Beginner to intermediate
240 pages
3h 16m
English
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Chapter 25. The Essence of Leadership is Trust
Morale has plummeted at Chrysler’s suburban Detroit headquarters. And it’s largely due to recent comments by DaimlerChrysler Chairman Jurgen Schrempp. When Daimler-Benz and Chrysler merged in 1998, Schrempp called it “a merger of equals.” But in fall of 2000, he admitted he lied. Schrempp now says he never really intended for the combined companies to be equals. If he had been honest, he says, there would have been no deal and he couldn’t have made Chrysler into just another Daimler operating unit. With these words, Schrempp has decimated any trust that he may have had with his Chrysler employees.
When we trust someone, we assume they’ll act honestly and truthfully, and be reliable and predictable. ...
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