Franklin D. Roosevelt, also known as FDR, was then elected as the 32nd U.S. President in 1932. He was the only president who was elected four times from 1933-1945 and, also, was one of America’s best presidents. Through the Five Practices, he demonstrated a lasting impression of leadership.
Model the Way To lead by example by aligning actions with shared values, Roosevelt utilized the media to gain support for his plans over the radio. He held “fireside chats” during his presidential terms. He spoke to the household in the U.S. directly, as if he was an invited guest after a family dinner. His motives were to communicate with family household in regards to shape public opinion and create significant support …show more content…
Roosevelt discovered opportunities by looking outward for innovated ways to improve the economy. In the summer of 1928, the stock market crashed causing the decline in spending and investments. This directed the factories and business to decrease their production and construction, and caused to lay-off their employees. There were attempts of improving, however, the former administration deepened the economic depression by 1932. When Roosevelt was the elected president in 1933, he tapered the effects of the Great Depression. He proposed a calm energy and optimism by declaring, “the only thing we have to fear is fear itself.” He immediately acted and announced a four-day “bank holiday”. Therefore, he created a financial system which generated the Federal Deposit Insurance Corporation (FDIC) to assist in regulating the stock market and prevent any unethical practices which led to the crash of the stock market. Despite the hard times to recover, Roosevelt decided to support Britain and France in the battle against Germany. Consequently, this aided in the expansion of industrial production in the U.S, during the World War