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How to build your company to last, w/Fiat's John Elkann

Masters of Scale

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Reviving Fiat: The Power of Honesty and Family Unity

This chapter explores the pivotal role of honesty and truth-telling in corporate leadership, particularly during organizational turnarounds. It highlights John’s successful revival of Fiat from 2004 to 2008, emphasizing the importance of familial solidarity and strategic decision-making amidst financial challenges. The discussion contrasts traditional corporate dynamics with the advantages of family-run businesses, showcasing how unity and transparency can drive sustained success in turbulent times.

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