President and COO of Toyota North America joins Chrysler

highwayblaze · 6th September 2007, 22:14

This morning, Chrysler Chairman and CEO Bob Nardelli revealed that Jim Press would be joining the company as Vice Chairman and President, the same title LaSorda has on his recently-updated business cards. Until today, Press had been none other than President and COO of Toyota North America, quietly leading the Japanese automaker's charge in the U.S. for more market share.

Press will be in charge of North American Sales, International Sales, Global Marketing, Product Strategy, and Service and Parts ,while LaSorda is still responsible for manufacturing, purchasing, labor and Global Business Development and Alliances.

(Source : Autoblog)

My reaction -: I'm dazed. Few weeks earlier Chrysler got Lexus' VP marketing over to joing them and now THIS!?

&

mix these smilies and thats what my reaction is. All your reactions !?!

theMAG · 6th September 2007, 22:16

Classic knee-jerk first move from a smaller organization. But a move that helps stabilize the ship under most circumstances.

highwayblaze · 6th September 2007, 22:18

He's spent 37 years working for TOYOTA. And what makes him move. ?! He must've surely got some SERIOUSLY BIG incentive to move.

theMAG · 6th September 2007, 22:26

Quote:

Originally Posted by highwayblaze

He's spent 37 years working for TOYOTA. And what makes him move. ?! He must've surely got some SERIOUSLY BIG incentive to move.

Yes, VERY BIG, I am sure.

ananthkamath · 6th September 2007, 22:46

Change in the organization comes from the ethics & work culture of the people at the bottom of the ladder, not the top. This is just my opinion.

highwayblaze · 7th September 2007, 00:46

Quote:

Originally Posted by ananthkamath

Change in the organization comes from the ethics & work culture of the people at the bottom of the ladder, not the top. This is just my opinion.

But sometimes it just needs to be enforced and the bottom of the ladder folks need to follow those ethics merely to stay employed

. It'll be tough for some mfg's however ( you know the 3) to incorporate the goodness.

1100D · 7th September 2007, 00:51

Quote:

Originally Posted by ananthkamath

Change in the organization comes from the ethics & work culture of the people at the bottom of the ladder, not the top. This is just my opinion.

Most changes are generally percolated top down. However the "Toyota way" (or now the "chrysler path") has to be applied to the vendors as well.

Mpower · 7th September 2007, 01:56

Well, one of Mercedes's best engineers (Dieter Zetche) and their best managers (Wolfgang Bernhard) ran the company for many years. Still it could'nt save the company.

I wonder what Press, who by no means is the reason for Toyota's success ,can do.

highwayblaze · 7th September 2007, 02:39

The first thing they should do is fire their design chief who approved that SUPER UGLY SEBRING. How can ANYONE design leave alone approval, this design.

highwayblaze · 8th September 2007, 01:14

Vice president of Toyota North America, Shigeru Hayakawa has been stepped-up for the task of being President. Thats quick I must say. It seems Mr. Hayakawa has been 3 decades + veteran at Toyota as well. This is going to be interesting.

Zensible · 9th September 2007, 01:51

Jim Press probably was tired of the frequent commutes to Japan every month for Board Meetings. Of course, he must have got a great compensation package. The way I see it, the only way to get a huge bump in salary is to jump ship especially in the tail end of his career.

Will Jim Press be able to turn around Chrysler? It's possible. He will have to deal with the Union and I'm not sure that he can handle that too well.

Either way, it's a good deal for him.

The discussion on this thread about effecting change from top down or bottom up reminded me of a book called " From Good to Great" by Jim Collins that I read recently. Guys interested in running a good organization should check it out!

highwayblaze · 9th September 2007, 21:58

Quote:

Originally Posted by Zensible

Will Jim Press be able to turn around Chrysler? It's possible. He will have to deal with the Union and I'm not sure that he can handle that too well.

FYI he hasn't joined as the head of Chrysler but as a vice chairman next to Tim Lasorda. The guy running Chrysler now ( or the guy who will try to turn it around like u say) is Bob Nardelli. So Jim Press shall work under Nardelli's supervision

6th September 2007, 22:14	#1
highwayblaze BHPian Join Date: Feb 2004 Location: Chicago/Mumbai/Pune Posts: 771 Thanked: 0 Times View My Garage	President and COO of Toyota North America joins Chrysler This morning, Chrysler Chairman and CEO Bob Nardelli revealed that Jim Press would be joining the company as Vice Chairman and President, the same title LaSorda has on his recently-updated business cards. Until today, Press had been none other than President and COO of Toyota North America, quietly leading the Japanese automaker's charge in the U.S. for more market share. Press will be in charge of North American Sales, International Sales, Global Marketing, Product Strategy, and Service and Parts ,while LaSorda is still responsible for manufacturing, purchasing, labor and Global Business Development and Alliances. (Source : Autoblog) My reaction -: I'm dazed. Few weeks earlier Chrysler got Lexus' VP marketing over to joing them and now THIS!? & mix these smilies and thats what my reaction is. All your reactions !?!
	() Thanks

6th September 2007, 22:16	#2
theMAG Team-BHP Support Join Date: May 2006 Location: Bengalooru Posts: 6,374 Thanked: 357 Times View My Garage	Classic knee-jerk first move from a smaller organization. But a move that helps stabilize the ship under most circumstances.
	() Thanks

6th September 2007, 22:18	#3
highwayblaze BHPian Join Date: Feb 2004 Location: Chicago/Mumbai/Pune Posts: 771 Thanked: 0 Times View My Garage	He's spent 37 years working for TOYOTA. And what makes him move. ?! He must've surely got some SERIOUSLY BIG incentive to move.
	() Thanks

6th September 2007, 22:46	#5
ananthkamath Senior - BHPian Join Date: Jul 2005 Location: USA Posts: 1,171 Thanked: 23 Times View My Garage	Change in the organization comes from the ethics & work culture of the people at the bottom of the ladder, not the top. This is just my opinion.
	() Thanks

7th September 2007, 01:56	#8
Mpower Team-BHP Support Join Date: Mar 2005 Location: US/B'lore Posts: 9,290 Thanked: 645 Times View My Garage	Well, one of Mercedes's best engineers (Dieter Zetche) and their best managers (Wolfgang Bernhard) ran the company for many years. Still it could'nt save the company. I wonder what Press, who by no means is the reason for Toyota's success ,can do.
	() Thanks

7th September 2007, 02:39	#9
highwayblaze BHPian Join Date: Feb 2004 Location: Chicago/Mumbai/Pune Posts: 771 Thanked: 0 Times View My Garage	The first thing they should do is fire their design chief who approved that SUPER UGLY SEBRING. How can ANYONE design leave alone approval, this design.
	() Thanks

8th September 2007, 01:14	#10
highwayblaze BHPian Join Date: Feb 2004 Location: Chicago/Mumbai/Pune Posts: 771 Thanked: 0 Times View My Garage	vice president of Toyota North America, steps up Vice president of Toyota North America, Shigeru Hayakawa has been stepped-up for the task of being President. Thats quick I must say. It seems Mr. Hayakawa has been 3 decades + veteran at Toyota as well. This is going to be interesting.
	() Thanks

9th September 2007, 01:51	#11
Zensible BHPian Join Date: Oct 2005 Location: Chennai/Chicago Posts: 80 Thanked: 0 Times	Jim Press probably was tired of the frequent commutes to Japan every month for Board Meetings. Of course, he must have got a great compensation package. The way I see it, the only way to get a huge bump in salary is to jump ship especially in the tail end of his career. Will Jim Press be able to turn around Chrysler? It's possible. He will have to deal with the Union and I'm not sure that he can handle that too well. Either way, it's a good deal for him. The discussion on this thread about effecting change from top down or bottom up reminded me of a book called " From Good to Great" by Jim Collins that I read recently. Guys interested in running a good organization should check it out!
	() Thanks

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