Premium Essay

Alan Malally

In:

Submitted By ilivtoparty
Words 1146
Pages 5
Alan Malally
In less than one week, Alan Mulally will resign as CEO of Ford Motor Company after an 8-year run packed with achievements and an innovation track record that should be the envy of every executive today. When Mulally steps down, Detroit will lose a true innovation leader. Mulally’s turnaround of Ford will likely be studied by business students for years to come as an artful combination of needed financial belt-tightening, plus a cultural change that took the car and truck maker from the brink of bankruptcy to the forefront of growth in the U.S. auto industry.

The cultural shifts Mulally put in place impacted how Ford’s teams were structured, how collaboration was fostered, and how innovation itself ultimately came to flourish under his guidance. From my perspective, Mulally joins top innovation CEOs AG Lafley (P&G), Jeff Bezos (Amazon), Steve Jobs (Apple) and Howard Schultz (Starbucks) as the five most significant corporate leaders of the last decade.

Ford Motor Company President and CEO Alan Mulally. (AP Photo/Paul Sancya)
Ford Motor Company President and CEO Alan Mulally. (AP Photo/Paul Sancya)

Ford In Tough Shape Long Before the Great Recession

When Mulally took over as CEO in 2006, Ford was in tough shape. It had lost a whopping 25% of its market share since 1990. The company held a huge portfolio of brands including Jaguar, Land Rover, Aston Martin, and Volvo. But none of these brands was faring well, and each required major capital infusions to compete. Ford’s cycle time for the development of new automobiles lagged Japanese automakers by months. Adding to Mulally’s woes were labor costs as high as $76/hour within Ford’s unionized workforce, making the company’s operating margins uncompetitive at home and overseas.

Mulally’s Innovation Plan: One Ford

Mulally’s solution to restore a leadership position to the company was laid

Similar Documents

Premium Essay

Roles of Leadership and How It Can Impact Organizational Performance

...Alan Mulally, CEO, Ford Motor Company Katherine Clay Professor Terhune Leadership and Organizational Behavior- 520 December 18, 2011 Discuss the role of leadership and how it can impact organizational performance. Leadership roles in organizations are very important. Poor leadership can cause organizations to fail. All leaders use power and engage in political behaviors to influence others. True leaders do so effectively and ethically. Others in managerial roles, but who do not qualify as effective leaders, use power and political behavior in ways that are ineffective and counterproductive. (Hellriegel, & Slocum, 2011, p.290). Leadership roles can be broken down into five sources of power that leaders use to influence their followers. When leaders use these sources they are trying to reach one or more of the followers needs. To be an effective leader there must be a willing follower in place or the leadership method will fail. Legitimate power is an important concept of the leadership role in that this type of power has to do with influencing ones behavior. Reward power provides things to the followers in order to get them to comply with or influence behavior. Coercive power deals with influencing the follower through punishment. Referent power is when a leader can influence the follower to like him /her and the follower wants to do what they can...

Words: 1772 - Pages: 8

Premium Essay

Alan Mulally Ford Motor Company

...Alan Mulally, CEO, Ford Motor Company Elizabeth Haskins Strayer University Instructor: Dr. Yohannes Abate Leadership and Organizational Behavior – BUS 520010VA016 August 7, 2011 Abstract This case focuses on the challenges Alan Mulally (Mulally); CEO of Ford Motor Company faces to implement a new beginning for Ford. Upon Mulally’s arrival, Ford was on the verge of a financial collapse, reporting a $12.6 billion dollar loss in 2006 and a $2.7 billion dollar loss in 2007. Bill Ford hired Mulally to lead the company as he felt that only an outsider could take the extreme steps needed to save the company from financial failure. In a strategic move to ensure Ford maintained its independence and sensing a recession as well as not to be forced to accept a government loan , Mulally borrowed $23 billion against Ford’s assets. This was a strategic move in the hopes that Ford would maintain its independence. This case study will highlight the challenges faced by Mulally, his management and leadership style and what changes were implemented into the organizations culture to ensure its success and place in the car industry. Introduction Mulally moved to Ford in September 2006. When starting at Ford, he had not engineered, designed or built any cars. He came from the defense industry. Previously, he had been employed with Boeing since 1969. At Boeing, he held a number of engineering and program management positions, making contributions to the Boeing 727...

Words: 1631 - Pages: 7

Free Essay

Computer

...University of Bahri Collage of computer science and information technology Subject is Artificial Intelligence Assignment no (1) Topic is Chapter 1 Presented by : Alrasheed Alsadg omer abdalla Class three EXERCISES These exercises are intended to stimulate discussion, and some might be set as term projects. Alternatively, preliminary attempts can be made now, and these attempts can be reviewed after the completion of the book. 1.1 Define in your own words: (a) intelligence, (b) artificial intelligence, (c) agent, (d) rationality, (e) logical reasoning. 1.2 Read Turing’s original paper on AI (Turing, 1950). In the paper, he discusses several objections to his proposed enterprise and his test for intelligence. Which objections still carry weight? Are his refutations valid? Can you think of new objections arising from developments since he wrote the paper? In the paper, he predicts that, by the year 2000, a computer will have a 30% chance of passing a five-minute Turing Test with an unskilled interrogator. What chance do you think a computer would have today? In another 50 years? 1.3 Are reflex actions (such as flinching from a hot stove) rational? Are they intelligent? 1.4 Suppose we extend Evans’s ANALOGY program so that it can score 200 on a standard IQ test. Would we then have a program more intelligent than a human? Explain. 1.5 The neural structure of the sea slug Aplysia has been widely studied (first by Nobel Laureate Eric Kandel) because it has only about 20,000...

Words: 1034 - Pages: 5

Free Essay

Mrityunjay

...* News, videos, interviews, photos and commentaries about alan mulally leadership selected from a wide range of international and local media sources provided to you in a News website always up to date! * http://www.newsorganizer.com/search/alan-mulally-leadership/ * Minutes with Ford President & CEO Alan Mulally - Automotive Features by AutoIndustriya.com * ...chief executive officer of Boeing Commercial Airplanes. Alan Mulally: People ask me what’s the difference betw... * http://www.autoindustriya.com/features/minutes-with-ford-ceo-alan-mula... * Barron's Recap (3/24/12): Profiles of the World's Best CEOs * This weekend in Barron's online: the annual listing of the top 30 corporate chiefs, a look at Deere, International Game Technology and Alexion Pharmaceuticals, as well as growth in Latin American airlines. Cover Story ... * http://www.bestfindit.com/search/alan-mulally-leadership-1.html * Leadership * ...Leadership GLOBAL UNITED STATES eSolutions Login Customer Logins Kelly eOrder Kelly eReporting Employee Login Kelly Web Time Contact Us Find a Branch Find People CAREERS Candidate Resource Center Job Trends Job Search St... * http://www.kellyservices.us/US/Business-Services/Business-Resource-Cen... * Alan Cameron | GPS World * ...Alan Cameron | GPS World GPS World The Business and Technology of Global Navigation and Positioning Navigation... during the ION-GNSS Conference, we gave the first GNSS Leadership Awards to four...

Words: 416 - Pages: 2

Free Essay

Alan Sugar

...Name: Alan Sugar Born: 24/03/1947 (Age: 66) From: Hackney, London Famous for: He's the man who loves to say "You're Fired!" on his hit television show, The Apprentice. Relationship status: Sir Al is married to his wife Ann. Twelve years younger than his three older siblings, Alan Sugar was the child of low-income, working-class Jews and raised in Upper Clapton Road - England. By the age of 12, he was rising at 6am every day to boil beetroots for a local ‘greengrocer’. Four years later, Sir Alan's earnings, after school and at weekends, were far better than his father, Nathan, who worked in a tailoring sweatshop. Leaving school at the age of 16, Sugar proceeded to obtain a post in which he worked briefly for the civil service as a statistician in the Ministry of Education. He also started selling car aerials and electrical goods out of a van he had bought from his £50 savings. In 1968, aged 21, he set up his own business, selling electrical products from intercoms to retractable car antennas and called it Amstrad, referring to (Alan Michael Sugar Trading). The company began as a general importer/exporter and wholesaler, but soon specialized in consumer electronics. By 1970, the first manufacturing venture was underway. He achieved lower production prices by using injection moulding plastics for hi-fi turntable covers, severely undercutting competitors who used vacuum-forming processes. Manufacturing capacity was soon expanded to include the production of audio amplifiers...

Words: 712 - Pages: 3

Premium Essay

Getting the Grade

...Ford Motor Company Terrion McGowan Bus302 Management Strayer University Professor Damita Goods July 26, 2011 Abstract Ford Motor Company started out in 1903 with a vision to change society by making their automobiles affordable to the general public. They also created jobs that paid double the industries standards which in turn allowed employees to afford the same cars they were making. Now more than a century later, the Ford Empire faces new domestic, economic and global challenges. So with changing times and growing competitors they are falling short of their own vision and losing a lot of money in the process. In light of those changes a new Chief Executive Officer was named, Alan Mulally. Mulally quickly identified that the company needed to be restructured, focusing more on manufacturing efficiencies, product design and economic focus. Mulally stated “Ford’s mentality of the bigger is better has to change Less is More” (Strategic Management, fourth ed. Dess, Lumpkin & Eisner). I have identified four options that I believe can get the Ford Motor Company back on the path to becoming an even bigger force than they have been in the past years. The first option would be to close down older plants in an effort to realign production and sale. The second option would be to move the company to produce only smaller cars, eliminating or significantly decreasing the SUV and truck lines. The third option would be to reduce their North American presence and focus on international...

Words: 1178 - Pages: 5

Premium Essay

Alan Mulally, Ceo, Ford Motor Company

...Alan Mulally, CEO, Ford Motor Company Emmanuel C. Njoku Dr Stacey McCroskey Bus 520 11/11/10 Introduction This paper is a case study on “ Allan Mullally CEO, Ford Motor Company” which discusses, firstly the role of leadership and how it can impact organizational performance. Secondly Mulally’s leadership style at Ford Motor Company and provide examples of how his actions fit this style. Thirdly how goal setting helped Ford improve its performance. Fourthly, asses Mulally on each element in communication openness including message transmission, trust, agendas and goals. Fiftly, evaluate the effectiveness of Mulally’s leadership style and recommend whether he should continue with this style, or use a different style. Discuss the role of leadership and how it can impact organizational performance. Hellriegel, D and Slocum, J. W ( 2011 ) Organizational Behavior. Legitimate power is an individual’s ability to influence others behaviors because of the person’s formal position in the organization. Mulally decided to borrow $23 billion against Ford’s assets in 2006 . Mulally is moving to integrate the company globally, in 2010 Ford will be selling small cars in the United States that were developed in Europe. Hellriegel, D and Slocum, J. W ( 2011 ) Organizational Behavior. Expert power is an individual’s ability to influence other’s behaviors because of recognized competencies, talents, or specialized knowledge. For example Mulally...

Words: 1842 - Pages: 8

Premium Essay

Characteristics of Business Leadership: Alan Mulally

...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 challenges and he impacted his business style on a corporate level as well as socially. Alan Mulally is one of greatest leaders, who managed business challenges effectively and because of his effectiveness he brought high profits to the organization. Mulally was an engineer in 1969. He handled various projects that were in relation to airplanes. One of Mulally’s greatest achievements was introducing the concept of “all digital” flight deck in the commercialized aircraft field. By 1993 Alan Mulally had had drastically climbed the ladder and became Vice President of Boeing. Alan Mulally was known to the commercial airline group as ‘Vice President of Engineering” (Biography: Alan Mulally 2011) Currently, Alan Mulally is the CEO and President of Ford Motors. Mulally joined Ford Motors in 2006, during this time period Ford Motors was struggling to stay afloat due to the recession that began in the late 2000s. Alan Mulally joined Ford Motors without prior sales experience. Because of Mulally’s lack of sales experience, it was a very a challenging experience for him. Alan Mulally’s objective was to increase Ford Motors profitability. Alan Mulally decided to take out...

Words: 1559 - Pages: 7

Premium Essay

Econ

...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory Join Search Browse Saved Papers Home Page » Film and Music Inside Job- Review In: Film and Music Inside Job- Review “Inside Job” Movie review -Deepshikha Dubey SYBCOM (Hons) Roll number-1071 ‘I nside job’ true to its title, is an exasperating documentary about the actual causes and consequences of the financial crisis of 2008. Directed by Charles Ferguson and narrated by Matt Damon, the movie is not a piece of muckraking or breathless support. It rests its infuriation on proper reason, research, figures and careful argument. Several interviews of eminent personalities from political, financial and academic backgrounds, along with news clips and aerial shots of New York, Iceland, London and other disaster areas — are all in there! Though dealing with a very complex issue, the movie has beautifully dealt with the topic and made it much easier for common man to understand the reason behind the nerve wrecking recent financial crisis that hit USA and then the world’s economy. The film is divided into five main parts, covering a wide scope- Who, what, when, why, how… it is all answered! Unlike most other documentaries that have been released over the past several years, ‘inside job’ bases its arguments on numbers and facts and doesn't just emotions. The first part of the movie- “How we got here?” Takes the viewers...

Words: 351 - Pages: 2

Premium Essay

Alan Mulally, Ceo, Ford Motor Division

...Alan Mulally, CEO, Ford Motor Company Steve Rhew Dr. Aiynak Finch BUS 520 Leadership and Organization Behavior August 7, 2011 1. Discuss the role of leadership and how it can impact organizational performance. Army Doctrine defines leadership as “The process of influencing people by providing purpose, direction, and motivation, while operating to accomplish the mission and improve the organization” (Department of the Army, 2007). This definition tells us several key elements of leadership that affect the organization at some point. In order to get the organization to function and employees to perform, there has to be a purpose, a direction of where the organization wants to go, and the employees need to be motivated to do what they are hired to do. Leaders set the tone of the organization and provide that purpose and direction of what they desire for the organization. To take it a step further, leaders define the goals which help provide the direction to the desired end result. Leaders possess several key traits necessary to accomplish goals. Leaders lead by example. The example the leader displays affects the behavior of those in the organization. You can normally determine the type of leadership that exists by the way the organization operates. Leaders also provide effective communication in order to ensure their ideas are understood and executed. Leaders are responsible for the culture that exists in the organization. Leaders provide encouragement to employees...

Words: 1489 - Pages: 6

Premium Essay

Business Plan

...Control(Robotic Trends Staff, 2011). Ford has a very strong human resource department and a woman by the name of Felicia Fields (Starner, 2010), has been a major player for the company. Ford is now as a company who is striving and achieving great success that once again has made them a top performer in the auto industry. In 2008 the company hit rock bottom, with record losses and the companies stock falling to about a dollar, the company has had to regroup and focus. It has done just that and become a rock in the auto industry once again. In 2008 with such a hard financial year the company was forced to sell some of other car companies that they had stake in, Jaguar, Land Rover, Volvo and Ashton Martin were some of those names. Their CEO Alan Mulally had a vision and his vision was, “ONE Ford: ONE Team, ONE Plan, ONE Goal.” (Starner, 2010)...

Words: 1414 - Pages: 6

Premium Essay

Ford Motor Company

...Alan Mulally, CEO, Ford Motor Company Bobbie A. Yoakem Leadership and Organizational Behavior 12 February, 2011 Dr. Chizoba Madueke Discuss the role of leadership and how it can impact organizational performance. Leadership is defined as the act of motivating a group of people towards a common goal and to achieve positive results in an organization. To be effective and able to achieve the highest performance of the employees, the leader must possess the key traits in being successful. The key traits are intelligence, maturity and breadth of knowledge, achievement drive and integrity. Leadership impacts organizational performance by the way they enable the managers and team to plan, organize, control and act appropriately. An effective leader is able to accept authority and responsibility, be accountable, be able to delegate and treat the team with fairness and knowing his or her employees. (Hellriegel & Slocum 2011 p. 297) A leader that does not exhibit these traits or at least a few of them is not an effective leader and will more and likely face confrontation from the managers and even other within the organization. An effective leader will encourage open communication within the organization, be able to listen and give feedback when asked. This is a way to emphasize and strengthen the organizational missions and goals. Leaders, through the actions and personal influence, bring about change. A frequent antidote to major organizational problems is...

Words: 1501 - Pages: 7

Premium Essay

Mods

...success with accuracy and efficiency. My intensity and focus are at inordinately high levels, and my ability to complete projects on time is unspeakable. Ever since early school periods, I have found that I can achieve great results if I put my mind to it. At a very early academic stage, my teachers recognised that I happen to be very good at listening and applying knowledge in the correct manner. This gave me great confidence in myself, ever since I have applied myself greatly to succeed in tasks and projects that have crossed my path. I am very, very business oriented, since the introduction of business studies at high school; I found a great level of interest in the subject. I researched the “greats” of business such as Sir Alan Sugar and Richard Branson to whom built their empires from the bottom up. My ambition is to succeed in an organisation that is challenging me; it is then where I can input my time and effort into achieving goals and targets. KEY ACHIEVEMENTS * Soon to be graduate from Birmingham City University; with excellent academic qualifications including first class BSc honours in Business Management. * Exceptional communication, organisation and project skills. * A great willingness to help team members and potentially a great leader in the making. * Distinction * grade in Business Studies (Level 3) alongside successful GCSE grades. * Organised and implemented a successful fundraiser which...

Words: 698 - Pages: 3

Premium Essay

Alan Mulally’s Restructuring of Ford Motor Company

...MGT 504 Management & Organizational Behavior Case Study Alan Mulally’s Restructuring of Ford Motor Company Alan Mulally’s Restructuring of Ford Motor Company Case Study Alan Mulally received an opportunity to turn around one of the most famous brand names in the United States. Ford was struggling; losing more than 12.7 million in 2006 (Nelson p558) and desperately needed a change. Alan Mulally took the challenge, and stated he would do what many thought was impossible at the time – make Ford profitable. He did just that. Mulally knew Ford had issues and the first step was to identify those structural issues. The issues included a wide variety of models and styles of automobiles. A work force that was not collaborating or communication to a high standard, hypercompetitive and relentless competition in pricing and sales, and possibly the most important was lack of accountability. With the development of his strategic plan of “One Ford” Mulally was on his way to the turnaround of one of the biggest automakers in the world. The first major act of this plan was to sell the Aston Martin division of the company and focus on the customer by building what they really want. By eliminating 70 percent of his vehicle models in fewer than four years, and cutting labor costs by 22 percent, Mulally was well on his way to achieving great success (Nelson p588). The direction Mulally took in approaching his goals of the One Ford was through understanding what was needed. The focus was...

Words: 636 - Pages: 3

Free Essay

Proposal Csc Projek

...4.0 STORYBOARD Frame #1 of 14 Name: Title Page Date: 9/10/12 | Project Name: Learn Animals and Vehicles | Text Outline: Title of the Courseware. | | | This slide is the front page of the courseware. All the alphabets button are clickable. | Additional notes:This page may have some background music and sound when we click the buttons. | Frame #2 of 14 Name: Menu page Date: 9/10/12 | Project Name: Learn Animals and Vehicles | Text outline:Lesson 1 for animals.Lesson 2 for vehicles. | | | This slide will appear when we click the sun from the title page.The cloud will give instruction to begin the learning.Clicking on the lesson 1 box will begin the learning.There is speaker button to mute or turn on the sound and a question mark button to show the details instruction on how to use the courseware. | Additional note:This slide may have some audio and sound effect when we click on the buttons | Frame #3 of 14 Name: lesson 1: animals Date: 9/10/12 | Project Name: Learn Animals and Vehicles | Text outline: | | | This slide will appear when we click on the lesson 1 box on the menu page.The cloud with the name of animal will appear, and the user must choose the correct picture.There is speaker button to mute or turn on the sound, a question mark button to show the details instruction on how to use the courseware and a next button to proceed to the next animal. | Additional notes:This slide may have some sound when we click on the animals picture.The next...

Words: 590 - Pages: 3