Premium Essay

Effective Strategies Paper

In: Business and Management

Submitted By lovelykette
Words 1455
Pages 6
Effective Strategies Paper
MGT/312

During one of the worse recessions, The Ford Motor Company has gone from almost losing $30 billion dollars in less than 3 years to earning close to $6.6. Billion dollars all due to Alan Mulally team building techniques and strategies. Before Alan came aboard the company was at lost ends and almost at the point of going bankrupt. They were losing money left and right and no loner considered one of the top automotive companies. A lot of people didn’t think Ford could ever recover from there Billion dollar. In fact, Ford was even losing ground competitors for decades. It got so bad for The Ford Motor Company that in 2002 there was a plan to cute jobs and talk of pant closures. Something no one seen coming or was thrilled about. With talks of closing plants and job cuts that meant leaving 14 plants and 34,000 workers out of jobs. The plan eventually went into effect and led to closures of Ford’s plants in Brook Park, Cleveland, and in Toledo. The purpose of closing and laying off several employees were to cut cost to keep the company alive. By midyear, The Ford Company president and chief executive Bill Ford Jr. resigned and hired Alan Mulally.

Alan Mulally served for several years as president and chief executive of Ford Motor Company. Alan came aboard with Ford September of 2006 and led Ford’s transformation into one of the worlds leading automakers known today. His mission and values were to guide Fords Auto Company in working together as a team on a fascinating vision; comprehensive strategy and persistent implementation of one of Fords plan to drive profitable growth for all the company’s stakeholders. Alan Mulally also strived to make sure to focus on customers needs when it comes to automotive. He made sure to serve customers in all markets with providing a wide range of vehicles from small, medium, and large. These cars…...

Similar Documents

Premium Essay

Barriers to Effective Communication Paper

...Barriers to Effective Communication Paper By: Josiah Wilkerson CJA/304 09/19/2011 Kevin Gjertsen Barriers to Effective Communication Paper Within this paper, I will describe the process of communication and its components. I will also discuss the differences between listening and hearing during communication, following the discussion of the differences, I will briefly go into detail about the formal and informal channels of communication in criminal justice organization. The next thing that will be included into this paper is the description of the different barriers to effective communication. The final thing that will conclude this paper are strategies that may be implemented to overcome communication barriers. What is communication? Communication can have many different meanings, but it is a process involving several steps, among two or more persons, for the primary purpose of exchanging information (Wallace and Roberson, 2009). Communication takes place when two minds begin to interact in conversation in both verbal and nonverbal conversations. With communication come the components that are involved, these are the basic backbone to communication; idea and getting a point across by using proper communication skills. When the skills are used in the proper manner both written and oral communication begins to fall into place naturally. To get the point across to a person that is going to be involved in the conversation the information must pass through various......

Words: 1739 - Pages: 7

Premium Essay

Effective Global Strategy Implementation

...Manag Int Rev (2011) 51:179–192 DOI 10.1007/s11575-011-0071-6 R e s e a R c h a Rt i c l e Effective Global Strategy Implementation Structural and Process Choices Facilitating Global  Integration and Coordination Attila Yaprak · Shichun Xu · Erin Cavusgil Abstract:  0 0 this article offers a contingency framework of global strategy implementation effectiveness on firm performance. The research question we seek to address is what the structural and process requirements are for MNEs to successfully implement global strategy through increased efficiency and effectiveness of integration and coordination across world markets. Our central premise is that MNEs’ capabilities in establishing supporting structural and process mechanisms will enhance the effectiveness and efficiency of implementing their global strategies which would, in turn, lead to better firm performance. Keywords:  Integration and coordination · Global strategy · Firm performance · contingency framework Received: 25.12.2009 / Revised: 15.08.2010 / Accepted: 11.10.2010 / Published online: 02.04.2011 © Gabler-Verlag 2011 Prof. A. Yaprak () Department of Marketing, Wayne State University, Detroit, USA e-mail: Attila.yaprak@wayne.edu Asst. Prof. S. Xu Department of Marketing and Logistics, University of Tennessee, Knoxville, USA Asst. Prof. E. Cavusgil Department of Marketing, University of Michigan-Flint, Flint, USA 180 A. Yaprak et al. Introduction The globalization of the world......

Words: 6502 - Pages: 27

Free Essay

Strategies for Effective Learning

...Names HCS/504 Date Instructor The university learning model and goals }  Several focus areas for graduate study }  Characteristics of an effective team }  Advantages and challenges of working within a team }  Strategies for conflict resolution }  Strategies to create the best outcomes when working in teams }  Methods for applying these strategies in health care }  }  The University of Phoenix, with its founder Dr. John Sperling, recognized that Learning Teams are important in both school and work.  The belief that a collaborating team possesses vital functions that benefit students resulted to the University's mandate to continue using Learning Teams on all academic programs (University Of Phoenix, 2004). }  The university adopted the learning team model with the following goals in mind: ◦  1. Create a collaborative environment   ◦  2. Give an opportunity to broaden and deepen understanding of concepts ◦  3. Serve as practice area to develop leaders and members ◦  4. Improve project quality ◦  5. Provide an opportunity to analyze and apply knowledge ◦  6. Develop the sense of community and support   (University Of Phoenix, 2004) }  The following are areas we can validate the effectiveness of team learning and how performs in comparison to individual learning. ◦  1. Evaluate the effectiveness of learning teams in comparison to individual learning.  ◦  2. A comparative study on Project Quality between Learning Teams and Individual Projects....

Words: 1078 - Pages: 5

Premium Essay

Strategies for Building Effective Relationships

...Strategies for Building Effective Relationships LDR/300 Strategies for Building Effective Relationships Building effective relationships requires time and effort. The most effective relations take many forms and are fruitful, effective and satisfying. This only occurs when the parties involved cultivate a level of high trust in their relationships, also called inter-dependence. For this paper we will discuss the basic skills that a leader must possess in order to succeed in building effective relationships. We will also discuss some of the methods used to build effective relationships with superiors and peers. Finally we will look at the role of the leader in different participatory management methods. Leader Skills These features not only facilitate a relationship to mature and deliver exceptional results, but just as importantly, they also preclude a relationship from unravelling under the weight of confusion and external stimuli – a vital aspect in today’s fast-paced and ever-changing world Anyone coming up thru the ranks in the military and in the civilian sector knows that in order for a leader to be successful that they must possess certain leadership skills. Although not all inclusive, these skills will set up a leader to be successful. These skills include: organization and time management, selling skills, resource acquisition and management, technologically savvy, persuasive and negotiating skills, and ethics (Javitch, 2009). Companies are not...

Words: 1956 - Pages: 8

Premium Essay

Effective Communication Strategy

...How would you design an effective communication strategy for an organisation? Communication is one of the focal point in organisation behavior. Effective communication is needed in administrating an organisation and implementing organisational strategies. Communication is one of the biggest contributions to the effectiveness of managers. As such, good communicators make good managers since staff will voluntarily listen to them in executing instructions. Communication strategies enable organisations to disseminate information in a structured and controlled manner. They describe in detail the structure of information flow, the message to be conveyed, the correct target audience, potential methods, resources required to fulfill, and feedback mechanisms for analysis. Fred Luthans emphasizes that communication is not the main reason and solution to problems in organisations. Other factors such as motivation, decision making, stress, organisational structure are among others that can also play a part to problems and therefore can be solutions to problems. Nevertheless, it has been affirmed that communication is a central activity in most human and organisational activities. Fred Luthans In strategising effective communication there is a need to focus on areas in evaluating corporate communications. The evaluation of existing communication approaches will generate the relevant information that will assist in the design of a new strategy. The organisation should be......

Words: 1232 - Pages: 5

Free Essay

Effective Communication Paper

...Running Head: Effective Communication Paper Effective Communication Paper HCS/325 September 29, 2014 Dr. Shawn Matheson Effective Communication Paper Effective communication within an organization is essential when dealing with health care. Communication is a very important aspect in organizations. In order to become successful within an organization, one must be able to communicate internally and externally. Without effective communication, an organization can fail in so many ways. There are many ways an individual can fail in communicating with other staff members. Teamwork plays a major role in effective communication. In this paper I will discuss an organization model and different techniques used to help become successful (Buchbinder, 2012). Effective Teamwork Effective teamwork is very important in organizations. One great way to help with communication is working in teams with different ethnicities and nationality. A team must be able to work together effectively to achieve goals and purposes. In healthcare, teamwork is required to perform great quality care. Even physicians must practice teamwork, because they rely on their nurses to help deliver care. There is no physician known that can run a practice alone without the help of others. In teamwork, one must be able to lead, be committed, and understand the aspects of the job. By performing these methods, the team members can learn how to achieve higher level goals and deliver member satisfaction.......

Words: 831 - Pages: 4

Premium Essay

Effective Listening Strategies

...Effective Listening Strategies BSHS 385 April 21, 2015 Dr. Barbara Hughson Effective Listening Strategies Effective listening is an important part of the human service profession. This paper will review three articles about effective listening. For each article, I will provide a summary that includes my thoughts of the article, what was learned about effective listening, and how I can apply it to my daily life as a human service professional. I will also discuss my thoughts on how I will use these strategies and how effective they may be. The first article I read is called “Listen Carefully." This article is discussing teaching listening skills to school-aged children. Some of the research reviewed shows the importance of listening when it comes to human learning and development. Learning how to listen is the first skill in language most children will develop first. Once children begin school, listening becomes even more important because the majority of what children learn is through listening. An interesting fact to me was when McPherson (2008) stated, “Teaching listening skills to middle school at-risk readers improved their reading comprehension scores and found that listening to a story while reading the story's words also improved elementary children's reading comprehension.” (McPherson, 2008) This speaks volumes to me especially when the teaching of listening skills in the classroom is not being done today. Teachers who start teaching listening strategies have...

Words: 1228 - Pages: 5

Premium Essay

Effective Strategies

...Effective strategies MGT312 Effective strategies Turning around a company that is facing bankruptcy isn't a small feat for any leader. It take a leader with a solid understanding of vision and culture to effectively reverse an organization that is in a death spiral. Alan Mulally has proven that he has the right ingredients as a leader and has proven it with his turnaround of Ford Motor Company during his tenure starting in 2006 and ending in 2014. Mr. Mulally was an accomplished leader that came to Ford in 2006 after completing a tour in Boeing as the Chief Executive Officer of the Boeing Commercial Airplanes("Allen Mulally", 2014). Setting the stage for success When Mr. Mulally came to Ford in 2006 the company was on hard times. Ford was reporting losses and was facing bankruptcy. Mr. Mulally quickly identified the main causes of Ford's hardship and devise a corporate strategy that address the four main issue he saw. Mr. Mulally identified that everyone from the leaders to the employees were not working together as one team. In addition Ford was not capitalizing on its intellectual property and deep automotive knowledge and skills. As if this was not enough to cause an organization to fail add to it the fact that Ford was building 97 different cars and trucks and was not turning a profit as a whole. Mr. Mulally developed a strategy that he dubbed One Ford which he used as a platform to ground his attacks on the issues that were plaguing the Ford company.......

Words: 1517 - Pages: 7

Premium Essay

Effective Offline Marketing Strategies

...Effective Offline Marketing Strategies The essence of business is to sell products or services. A product or a service is conceptualized because there is a market for it. This can either be existing or potential market. With competition real tough these days, companies are in the lookout for effective offline marketing strategies. For marketing to be effective, different strategies for each marketing component should be implemented. Product Strategies A product is developed to answer a particular need or want. But, to counter competition, new features or benefits should be added aside from its basic function. This can include a more appealing color or an inclusion of a minor feature. If the product is a rice cooker, for instance, a steaming rack can be added so that it can steam foods as well. Variants can also be introduced, like new flavors for juices. Packaging should be regularly improved or enhanced as well, especially for consumer commodities such as shampoos, toothpastes, canned goods, and cereals. These products are regularly purchased by consumers and are also produced by a lot of competitors. Thus, repackaging will counter stiff competition. It will also avoid product fatigue or boredom on the part of the consumers. Promotional Strategies Customers today are not only demanding but also discriminating. They can afford to because of the availability of many products and services of varied brands, models, and features in the market. To have an edge over......

Words: 520 - Pages: 3

Free Essay

Effective Listening Strategies Paper

...Effective Listening Strategies Paper LaDonna Landry BSHS 385 Audra Stinson June 15, 2015 Effective Listening Strategies Paper Thinking and acting in ways that connect you to a person that is speaking is attentive listening. The benefits of listening are codependent and synergistic not many people are attentive listeners but if they can possess the skill of listening there are many benefits. Some benefits are respect, airtime, information, increased likability, better relationship and clarity. When you are giving you full listening attention you are showing respect and in turn gain the respect of the speaker. If you listen first to the speaker usually the speaker will return the favor. I say usually because it depends upon the individual and what may be going on with them such as self-absorption, stress or other reason that they might not lend their ear as the listener has done. Attentive listening helps to get information so that you can learn more about the person. The more you know about the individual the more you can do to assist them. People like to be listened to the more you listen to people the more you like them and the more you listen to the person talking the more they began to like you just for the fact that you listened. Listening creates a feeling of goodwill in relationships. If you are to listen to others problems non-judgmentally this gives the individual a chance to hear themselves and possibly find their own solution to their problem. ......

Words: 994 - Pages: 4

Free Essay

Effective Strategies Paper

...Effective Strategies Paper MGT/312 June 29, 2015 Gregory Lucht Effective Strategies Paper Most adults today have had the pleasure of driving a Ford, or they know someone who has. Henry Ford was known as an amazing innovator. Ford's history comes with great stories of success; however the recession that started in 2000, caused the Ford Motor Company to experience some downturns. After ending his stay as President and CEO of Boeing Commercial Airplanes, Alan Mulally joined Ford Motor Company and helped change its path towards bankruptcy. This study will describe the team-building techniques and strategies used by Alan Mulally to transform the Ford Motor Company. The research conducted on the condition the company was in when he took over and where it is today. The strategy used to establish the team and how the plan executed will be discussed. Also, the rationale will be provided for other procedures that could have utilized in a similar situation. Who Is Alan Mulally? Alan Roger Mulally was born in 1945 and is an accomplished business executive worth over twenty-three million dollars. Companies look to him for innovative ideas that will get them going again. After college, he decided to join the Boeing organization as an engineer. Here, he was able to contribute to the different Boeing models; including the 777 project. He eventually moved up within his department due to his incredible contributions. According to "Ex-Ford Ceo Alan Mulally Joins Google’s Board Of......

Words: 1876 - Pages: 8

Premium Essay

Factors Impeding Effective Implementation of Strategy

...1.0 INTRODUCTION: Strategy implementation is also referred to as strategy execution or strategy actualization. There is no universally accepted definition of strategy implementation. Reading through various scholarly works, one is able to identify three broad distinct conceptions of the term. Some authors view it as a sequence of carefully planned consecutive steps, a perspective which can be labeled a process perspective. The second approach treats strategy implementation as a series of concerted (but often parallel) actions and examines these actions from a behavior perspective. Some authors combine the process perspective and behavior or action perspective and form a third approach, which we label as a hybrid perspective. Under the process perspective, implementation is the process that turns plans into action assignments and ensures that such assignments are executed in a manner that accomplishes the plan’s stated objectives (Kotler, 1984). Strategy implementation is an iterative process of implementing strategies, policies, programs and action plans that allows a firm to utilize its resources to take advantage of opportunities in the competitive environment (Harrington, 2006). Under the behaviour perspective, implementation is the actions initiated within the organization and its relationships with external constituencies to realize the strategy (Varadarajan, 1999). Implementation is operationally defined as those senior-level leadership behaviors and activities that...

Words: 4299 - Pages: 18

Premium Essay

Effective Strategy Formulation

...1. Executive Summary Intent of this report is to gain a better understanding of the effects of the external environment to an organization. We have selected “Dell” as the organization and we wish to study the planning and implementation of Dell’s Strategies. Report starts from briefing the background of this chosen organization. Moreover, some of the external factors have been discussed by presenting a view of SWOT analysis of ‘Dell’. Further part of the report will illustrate the review of already existing business plan and strategy of that enterprise. Furthermore, listed are the factors affecting this strategic plan, in which vision & mission, objectives and other measures have been taken into account. Despite their strengths Dell has many challenges it needs to overcome right from the increase in the competitors to a dire need in breakthrough innovation which is essential. With the increase in innovation in the market the computer systems are becoming outdated, so Dell should constantly come out with new products. Also, People need the quality products at low price which was Dell’s strength due to its customized solution, but now its competitors are coming up with products in same price range. To identify these business concerns, it has been noted that the company has a sound and dynamic consideration while managing its product portfolio as well as conducting its target markets. This has helped the company to stabilize its financial status through sales generation and......

Words: 4284 - Pages: 18

Free Essay

Effective Listening Strategies

...BSHS/385 WEEK THREE EFFECTIVE LISTENING STRATEGIES The main objective of listening is to establish empathy between the helper and client by listening to the clients words, sensing their feelings, and interpreting their thoughts. It is very important that clients know and feel that their helper is paying attention and care about the story they are telling. I have reviewed three articles that can really help me in my career when it comes to being an active and effective listener. Article one: The human side of teaching: Effective Listener. This article is very informative by offering effective listening suggestions. It suggest that professionals listen fully to clients without any interruptions. By waiting for the client to pause on speaking, giving the professional time to empathize before asking questions. This is very important to focus on the client and conversation at hand, so you’re able to give feedback to the client. Also, listen with your eyes, ears, and body. Who knew by sitting a certain way or spot would show your client that you’re giving your undivided attention and allow you to notice those non-verbal gestures or expressions. Taking notes allows you to be more engaged with any speaker and prove that you are listening effectively (Boyd, 2001). I am a strong believer of eye contact when talking with someone. Article two: The gift of listening: JUST Listening Strategies. This article discuss how listening with sensitivity is a key component......

Words: 658 - Pages: 3

Premium Essay

Effective Listening Strategies

...Effective Listening Strategies Paper Melinda Schimmel BSHS/385 1/26/2015 Barbara Hughson Effective Listening Strategies In the following paper, it is my intention to establish with the reader a link between effective listening skills and the importance they have when establishing relationships. These relationships could be with family, co-workers and most importantly, the clients that we do or will come in to contact with. (Article I) Effective Interpersonal Listening and Personal Selling is the first article reviewed. This particular article is geared toward listening strategies in the sales world. However, the key points on effective listening are all the same when it comes to our clientele and showing them that we are actively listening to what they are telling us. Even sales people need to actively listen to their customers to truly know what it is they need and want. Without actively listening, the clients will end up unhappy and the salesman will end up with no sale. Many people mix up the act of hearing with the act of listening, in reality, they are two different concepts. “Hearing is defined as the special sense by which noise and tones are received as stimulus" (Webster’s Ninth New Collegiate Dictionary 1991, p. 559). Hearing is just one step in how we actually listen to people. While listening is the act of not just hearing what is being said, but also responding to the stimuli being heard. We can do this not only verbally, but non-verbally as well.......

Words: 1232 - Pages: 5