BusinessWeek has an interesting piece on Marchionne’s speed dating interview technique. “Chrysler executives say that Marchionne has taken what for them seemed an unorthodox approach to sorting out the talent pool he inherited. He did fast, 15- or 20-minute interviews with more than 100 executives, often asking what they thought of their superiors, what their strengths and weaknesses were, as well as what they thought of certain peers. ‘The questions were very blunt,’ said one staff executive. ‘It was a drill the likes of which I had never been through before.’” No signs of analysis paralysis here.
Ex-Toyota man Jim Press is not only in, but has been named Deputy CEO, a very unusual title in American business. On the other hand, “Frank Klegon, the company’s product development chief, and top marketing executive Steve Landry both left the company.” Considering Chrysler’s most recent products and marketing campaigns, neither guy will be missed. The big problem, of course, is that it will take at least two more model years before Chrysler has anything new to sell. A tough hand being played aggressively. Great theater.