Lee Iacocca

American businessman

Lee Iacocca was a prominent American automobile executive who helped develop iconic cars like the Ford Mustang and revived the Chrysler Corporation as its CEO in the 1980s. He was known for his business savvy and leadership skills, and authored several books sharing his experiences and insights.

About the Lee Iacocca

Lido Anthony “Lee” Iacoccawas an American automobile executive best known for the development of the Ford Mustang, Continental Mark III, and Ford Pinto cars while at the Ford Motor Company in the 1960s, and for reviving the Chrysler Corporation as its CEO during the 1980s. He was president of Chrysler from 1978 to 1991 and chairman and CEO from 1979 until his retirement at the end of 1992. He was one of the few executives to preside over the operations of two of the United States’ Big Three automakers.

Iacocca authored or co-authored several books, including Iacocca: An Autobiography (with William Novak), and Where Have All the Leaders Gone?.

Frequently Asked Questions

Lee Iacocca was an American automobile executive best known for developing the Ford Mustang, Continental Mark III, and Ford Pinto cars while at Ford, and for reviving Chrysler as its CEO in the 1980s.

Lee Iacocca was president of Chrysler from 1978 to 1991 and chairman and CEO from 1979 until his retirement in 1992. Prior to that, he held several executive positions at Ford, including the development of iconic cars like the Mustang.

Lee Iacocca authored or co-authored several books, including his autobiography ,Iacocca: An Autobiography, (with William Novak), and ,Where Have All the Leaders Gone?.

Lee Iacocca was born on October 15, 1924 and passed away on July 2, 2019.

Lee Iacocca was one of the few executives to preside over the operations of two of the United States’ Big Three automakers, Ford and Chrysler, and was known for his leadership and business acumen in the industry.

As CEO of Chrysler, Lee Iacocca was credited with reviving the company during the 1980s through cost-cutting measures, new product development, and securing government loan guarantees to help the company avoid bankruptcy.

40 Quotes by Lee Iacocca

  1. 1.

    Any supervisor worth his salt would rather deal with people who attempt too much than with those who try too little.

    Lee Iacocca

    American businessman

  2. 2.

    I’ve always found that the speed of the boss is the speed of the team.

    Lee Iacocca

    American businessman

  3. 3.

    The kind of people I look for to fill top management spots are the eager beavers, the mavericks. These are the guys who try to do more than they’re expected to do – they always reach.

    Lee Iacocca

    American businessman

  4. 4.

    My father always used to say that when you die, if you’ve got five real friends, then you’ve had a great life.

    Lee Iacocca

    American businessman

  5. 5.

    Motivation is everything. You can do the work of two people, but you can’t be two people. Instead, you have to inspire the next guy down the line and get him to inspire his people.

    Lee Iacocca

    American businessman

  6. 6.

    In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.

    Lee Iacocca

    American businessman

  7. 7.

    I have always found that if I move with seventy-five percent or more of the facts that I usually never regret it. It’s the guys who wait to have everything perfect that drive you crazy.

    Lee Iacocca

    American businessman

  8. 8.

    The most successful businessman is the man who holds onto the old just as long as it is good, and grabs the new just as soon as it is better.

    Lee Iacocca

    American businessman

  9. 9.

    Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can’t miss.

    Lee Iacocca

    American businessman

  10. 10.

    Talk to people in their own language. If you do it well, they’ll say, ‘God, he said exactly what I was thinking.’ And when they begin to respect you, they’ll follow you to the death.

    Lee Iacocca

    American businessman

  11. 11.

    The only rock I know that stays steady, the only institution I know that works, is the family.

    Lee Iacocca

    American businessman

  12. 12.

    The discipline of writing something down is the first step toward making it happen.

    Lee Iacocca

    American businessman

  13. 13.

    I forgot to shake hands and be friendly. It was an important lesson about leadership.

    Lee Iacocca

    American businessman

  14. 14.

    Trouble shared is trouble halved.

    Lee Iacocca

    American businessman

  15. 15.

    Management is nothing more than motivating other people.

    Lee Iacocca

    American businessman

  16. 16.

    The affections are like lightning: you cannot tell where they will strike till they have fallen.

    Lee Iacocca

    American businessman

  17. 17.

    In the end, all business operations can be reduced to three words: people, product, and profits.

    Lee Iacocca

    American businessman

  18. 18.

    The ability to concentrate and to use time well is everything.

    Lee Iacocca

    American businessman

  19. 19.

    There are times when even the best manager is like the little boy with the big dog, waiting to see where the dog wants to go so he can take him there.

    Lee Iacocca

    American businessman

  20. 20.

    Every business and every product has risks. You can’t get around it.

    Lee Iacocca

    American businessman

  21. 21.

    If you want to make good use of your time, you’ve got to know what’s most important and then give it all you’ve got.

    Lee Iacocca

    American businessman

  22. 22.

    The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind.

    Lee Iacocca

    American businessman

  23. 23.

    No matter what you’ve done for yourself or for humanity, if you can’t look back on having given love and attention to your own family, what have you really accomplished?

    Lee Iacocca

    American businessman

  24. 24.

    I have found that being honest is the best technique I can use. Right up front, tell people what you’re trying to accomplish and what you’re willing to sacrifice to accomplish it.

    Lee Iacocca

    American businessman

  25. 25.

    One of the things the government can’t do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.

    Lee Iacocca

    American businessman

  26. 26.

    I hire people brighter than me and then I get out of their way.

    Lee Iacocca

    American businessman

  27. 27.

    The speed of the boss is the speed of the team.

    Lee Iacocca

    American businessman

  28. 28.

    There is no substitute for accurate knowledge. Know yourself, know your business, know your men.

    Lee Iacocca

    American businessman

  29. 29.

    We’ve got to pause and ask ourselves: How much clean air do we need?

    Lee Iacocca

    American businessman

  30. 30.

    The thing that lies at the foundation of positive change, the way I see it, is service to a fellow human being.

    Lee Iacocca

    American businessman

  31. 31.

    Apply yourself. Get all the education you can, but then, by God, do something. Don’t just stand there, make it happen.

    Lee Iacocca

    American businessman

  32. 32.

    We at Chrysler borrow money the old-fashioned way. We pay it back.

    Lee Iacocca

    American businessman

  33. 33.

    We are continually faced by great opportunities brilliantly disguised as insoluble problems.

    Lee Iacocca

    American businessman

  34. 34.

    You can have brilliant ideas, but if you can’t get them across, your ideas won’t get you anywhere.

    Lee Iacocca

    American businessman

  35. 35.

    The one word that makes a good manager – decisiveness.

    Lee Iacocca

    American businessman

  36. 36.

    People want economy and they will pay any price to get it.

    Lee Iacocca

    American businessman

  37. 37.

    If a guy is over 25 percent jerk, he’s in trouble. And Henry was 95 percent.

    Lee Iacocca

    American businessman

  38. 38.

    So what do we do? Anything. Something. So long as we just don’t sit there. If we screw it up, start over. Try something else. If we wait until we’ve satisfied all the uncertainties, it may be too late.

    Lee Iacocca

    American businessman

  39. 39.

    The trick is to make sure you don’t die waiting for prosperity to come.

    Lee Iacocca

    American businessman

  40. 40.

    In times of great stress or adversity, it’s always best to keep busy, to plow your anger and your energy into something positive.

    Lee Iacocca

    American businessman