Effective Leadership Strategies Ford Motor Company

Effective leadership strategies are essential to for any company or organization to be profitable or successful. This is especially true if your organization is a global competitor in a market sector that depends on innovation and teamwork to be profitable. In 2006, after 103 years of manufacturing some of the world’s most iconic automobiles, Ford Motor Company faced a financial crisis of nearly $13 billion in annual loss. The company at the time, led by President William C. Ford Jr., was on the brink of financial ruin and bankruptcy. Something had to be done to save the company, something had to change to bring Ford Motor Company back into the black. With bankruptcy and government intervention looming, William Ford Jr., hedged his bets on an aeronautical engineer to lead his company. Alan Mulally, with little automobile industry experience, would eventually lead Ford Motor Company from losses in the $14 billion dollar range to posting profits for the last 5 years in a row (Ni sen, 2013) According to an article in Bloomberg Business Weekly by David Kiley (2007), William Clay Ford Jr. stated, â€Å"Alan was the right choice to be CEO, and it gets more right every day.† Challenges Mulally faced many challenges when he arrived in Dearborn. Ford was known throughout the American automobile industry for its â€Å"caustic corporate culture† (Hoffman, 2012). Executives put their own advancement and the success of their own departments ahead of the bottom line. The company was divided intoShow MoreRelatedIntroduction. As Part Of My Initial Assignment In Hrm 530,1213 Words   |  5 Pagesto present a thoughtful and on various aspects of Human Resource Strategy as it aligns with Business strategies. So as a result of this assignment, I will attempt to address the following issues in the order listed herein. The company that I have selected to explore these areas is The FORD Motor Company. I chose Ford primarily based on the current events that have reported that Ford will be opening more plants in the US. Ford Motor Co. announced  it would cancel plans to spend $1.6 billion in aRead MoreAlan Mulally, Ceo, Ford Motor Company 7 Essay example1712 Words   |  7 PagesAssignment # 3:†Alan Mulally, CEO, Ford Motor Company† Aboubacar Camara Professor Doug Earhart Leadership and Organizational Behavior- BUS 520 February 2011 Strayer University- Takoma Park Campus 1.  Ã‚  Ã‚  Ã‚  Ã‚   Discuss the role of leadership and how it can impact organizational performance. Leadership can be defined as the process where those given the role of directing are to influence and support people working in the organization to work towards pursuing the goals of the organizationRead MoreThe Alignment Of Hrm Within The Ford Motor Company1012 Words   |  5 Pagesat optimal levels. Human resource professionals are tasked with developing recruitment strategies that attract and retain individuals needed by organizations to provide products and services that meet customer expectations. In this paper, the author will discuss the alignment of HRM within the Ford Motor Company. The author will propose how to ensure that the HR strategy is in alignment with the business strategy. In this paper, the author will describe the HR job positions and the responsibilitiesRead MoreFord Motor Company Case Study1124 Words   |  5 Pages Introduction Ford Motor Company is the fifth biggest automobile manufacturing companies in the world and they offer a wide range of products and services for consumers. Ford Motor Company offers automobile products that are cars, crossovers, SUV’s, trucks, vans, and Lincolns. Ford Motor Company has recently celebrated their 100th anniversary of the moving assembly line invented under Henry Ford. Ford Motor Company has built on its legacy of innovation by expanding advanced manufacturing and groundRead MoreCharacteristics of Business Leadership: Alan Mulally1559 Words   |  7 Pagesmission and objectivity. Leadership overall plays a very important role in the success of a company because the leader controls their subordinates behavior. If subordinates have uncertainties that are not directed accordingly it can result in an unhealthy environment, and in turn it will affect the growth of the organization, therefore good leadership is necessary. There are different leadership styles; a particular leader that will be discussed is Alan Mulally a CEO of Ford Motor. Alan faced many challengesRead MoreCompany Overview Of Ford Motor Company1608 Words   |  7 PagesCompany Overview Ford Motor Company is a public corporation that began its operations in 1903. The company designs, develops, manufactures, and services cars and trucks across six continents. Furthermore, it divides its work between two main segments – an Automotive Segment and a Financial Services Segment. The Automotive Segment is in charge of marketing its products through worldwide retailers and distributors, as well as selling them to dealers or fleet customers. This sector also provides retailRead More‘Is good management essential in achieving organizational goals of organizational efficiency, effectiveness and productivity?’1587 Words   |  7 Pageswork of others effectively and efficiently (Robbins, 2006: 10). To solve those challenges encountered, strategies need to be imposed appropriately to ensure the efficiency and effectiveness in the organisation. The following article will look into the importance of good management in achieving organisational goals and organisat ional efficiency, effectiveness and productivity. McDonalds, Ford motor and ANZ bank will be used as case studies to illustrate the argument. The Corporation of McDonaldsRead MoreBusiness Level Strategy Of Ford Motors Essay2239 Words   |  9 Pageslevel strategy comprises of the business actions aimed at providing value to customers, the deployment of the business level strategies takes place within the scope of a particular individual markets for the company products. This paper discusses the business level strategies deployed by Ford Motors and how the company’s values can be better linked in order to create value for the company and how Ford Motors can place itself in terms of the five forces of competition. The business level strategy deployedRead MoreAssignment 3 - Business Level Corporate Level Strategies - Ford Motor Company2068 Words   |  9 PagesCorporate-Level Strategies – Ford Motor Company Strayer University BUS499, 14 February 2016 Business-Level and Corporate-Level Strategies – Ford Motor Company It all began in 1896 when Henry Ford built the Quadricycle that rode on four bicycle wheels, operated by a four-horsepower engine with only two forward gears and no reverse ability. Henry soon joined a group that founded the Detroit Automobile Company but left within one year and would soon incorporate the Ford Motor Company with 12 investorsRead MoreGeneral Motors And The U.s. Auto Industry1029 Words   |  5 Pages Five Forces Analysis of General Motors and the U.S. Auto Industry Trinity Washington University Jessica Jackson I realize the responsibility involved in membership in the Trinity community. I agree to abide by the rules and regulations of this community. I also affirm my intentions to live according to the standards of honor, to which lying, stealing, and cheating are opposed. I will help others to maintain this responsibly in all matters essential to the common good of the community.