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" My job is not to make decisions but to set stretch objectives and help our managers work out how to reach them. "
Sergio Marchionne
Work
Help
Decisions
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" There's no doubt that we are, by traditional automotive manufacturing standards, an automotive conglomerate. And so that causes confusion by definition. "
Sergio Marchionne
Doubt
Causes
Confusion
" People need to trust you: that you're going to pull them out and that they will follow you when you pull them out. If they don't get that comfort, they're going to drop you. This is true of organizations. It's true of countries. "
Sergio Marchionne
Trust
Comfort
Need
" I am totally in line with the fact that I think wealth distribution for carmakers needs to be redimensioned to allow labor to take a piece of that wealth distribution. "
Sergio Marchionne
I Am
Labor
Think
" Who my successor is will be up to the board, not me. "
Sergio Marchionne
Me
Who
Will
" By 2025, more than half of the power units you see on the road will have some relevance of electrification. There may be a base combustion engine, but it is combustion and electrification that will make the machine run. "
Sergio Marchionne
Power
Road
Run
" I want to study theoretical physics because it is one of the hardest things there is. "
Sergio Marchionne
Because
Physics
Study
" We have made the decision that we're going to take some key products, such as the Wrangler and the Grand Cherokee, and protect those as being true American icons: produce them in the U.S. and make them available nowhere else. "
Sergio Marchionne
Key
American
Decision
" Back in 2005, I introduced a thing which, I don't mind saying this - I mean, we stole it, at least in its basic form, from Toyota - it's called World Class Manufacturing. I mean, it's this pretentious title for something which really involves the revisiting of the manufacturing processes of dedication to the removal of waste. "
Sergio Marchionne
Back
World
Dedication
" Jeep represents a way of life. It's not just a car. "
Sergio Marchionne
Represents
Way
Life
" There's nothing worse in life than to sit there and be the victim of a process that's outside your control. "
Sergio Marchionne
Control
Victim
Process
" Auto companies need to quickly separate the stuff that will be swallowed by commodity from the brand stuff. "
Sergio Marchionne
Separate
Need
Will
" All my bloody pants look the same; all my sweaters look the same. The shirts change; they're all blue. "
Sergio Marchionne
Look
Change
Pants
" Don't believe your own press, and don't give speeches. "
Sergio Marchionne
Speeches
Give
Believe
" There are very few things that are certain in this market - apart from one, and that is that small displacement diesels are dead. "
Sergio Marchionne
Things
Small
Market
" I give people a huge amount of rope, and then I hold them accountable for the rope. "
Sergio Marchionne
Rope
People
Accountable
" Repatriating the Ram HD is the right thing to do... it should never have been moved to Mexico. This was owed to the U.S. government - and the taxpayers. "
Sergio Marchionne
Been
The Right Thing
Right
" The biggest fear that I see is that we will be left behind. We are a very slow industry; for us to make a decision takes forever. Take Tesla: Elon moves at the speed of a rocket. "
Sergio Marchionne
Fear
Rocket
Slow
" The hardest job is getting personalities to mesh. "
Sergio Marchionne
Hardest
Getting
Personalities
" Having had to live through a period of integration into another country a number of years ago, I am keenly aware of the negative implications of stereotyping and the significant efforts required to undo its effects. "
Sergio Marchionne
Country
Years
Negative
" I think the mind should deliver new and fresh designs all the time. "
Sergio Marchionne
Think
Time
I Think
" You've got to allow people to make mistakes, even though your gut tells you that the guy is going to get torched. "
Sergio Marchionne
Going
Got
Gut
" People are very focused on value and preservation of capital. They're a lot less risk-prone than they used to be. "
Sergio Marchionne
People
Less
Than
" Leadership is not a quantitative thing. People either smell it in you, or they don't. "
Sergio Marchionne
Leadership
Either
People
" People don't like the car business. They like going to car sales, but they don't like the stock of the car companies. "
Sergio Marchionne
Sales
Like
People
" One of the most horrible wastes of capital you see is the duplication of the effort by the car manufacturers to do things that appear to be different from the other guy. "
Sergio Marchionne
Guy
You
See
" Following the automotive pack down unwise and unprofitable roads is not just naive but also very dangerous. "
Sergio Marchionne
Naive
Just
Roads
" When we agreed to the changes in the emissions standards and the objectives for 2025 with President Obama, there was a very clear road map that was put in place that required a midterm review, which should have been completed by 2017 and '18. "
Sergio Marchionne
Standards
Changes
Road
" When you got mechanisms in a car that prevent damage from happening to the engine and that operate under very specific circumstances, those things are exceptions under normal operating conditions of the car; under the rules, they need to be disclosed. "
Sergio Marchionne
Need
Circumstances
Car
" I've always had this incredible sense of urgency. I've always had this desire not to let things fester and to really seize the moment, because it's serendipity. "
Sergio Marchionne
Seize
Always
Desire
" It takes me exactly a minute and a half to get dressed in the morning. "
Sergio Marchionne
Dressed
Minute
Morning