Premium Essay

Ford Motor Company

In: Business and Management

Submitted By quetta
Words 1305
Pages 6
“Alan Mulally, CEO, Ford Motor Company”

Chiquetta Silver
BUS 520
Dr. Amine Ayad
May 15, 2011

Discuss the role of leadership and how it can impact organizational performance. Leadership is the process of developing ideas and a vision, living by values that support those ideas and that vision, influencing others to embrace them in their own behaviors, and making hard decisions about human and other resources (Hellriegel & Slocum, 2011, p.4). Leadership is guiding people toward productive results to achieve the goals of the organization. It involves influencing people to move from where they are to some new place. An effective leader has the ability to motivate and influence others. Leadership influences organizational performance depending on the level to which the leader enables managers and team leaders to plan, organize, control, and act effectively. By accepting authority, responsibility, and accountability, managers can confidently face though situations that require decisions made. Both the manager and the subordinate must know how to distinguish right from wrong by using sound judgment. Likewise, the leader must to learn his own strengths and weaknesses at work as well as his personal life and seek new professional skills. Everybody has different opinions and attitudes towards values, lifestyles, and behaviors. Thus, an effective leader will use diversity at the workplace to combat the fierce competition in the market place. Cultural diversity within the organization will only add to the company’s growth. By valuing and respecting cultural differences at work, leaders may avoid the negative stereotypes that can affect the company’s success. Leaders need to address the importance of open communications within the organization. Active listening, questioning, and placing emphasis on verbal and written communications between management and...

Similar Documents

Premium Essay

Ford Motor Company

...Ford Motor Company Alan Mulally, CEO, Ford Motor Company Leadership and Organizational Behavior November10, 2010 by Walid Mediouni Dr. Yohannes Abate Fall 2010 Washington DC campus Strayer University 1) Discuss the role of leadership and how it can impact organizational performance. The role of leadership in an organization is like the role of a general in the army; they both plan and lead a group of people to accomplish a goal. The leader of an organization can make it a successful business because of their leadership style or they can cause an organization to fail. A good leader can be compassionate to the employees needs, listen to their complaints and communicate with their employees. In the case it is stated, “Alan Mulally’s leadership has resulted in Ford making some strategic moves.” (Hellriegel et al., 2011) His skills and style helped Ford to move ahead in the industry during an economic recession. 2) Discuss Mulally’s leadership style at Ford Motor Company and provide examples of how his actions fit this style. According to Lewis Booth, chief financial officer at Ford,”Alan’s style is pretty relentless.” He says,” If this is the reality, what are we going to do about it?” (Hellriegel, 2011). Mulally is a typical example of a learning leader. (Journelism.org, 2010) What’s most impressive is Mulally’s “results oriented” leadership style. (American Power, 2010). Mulally’s leadership style is relationship behavior. Hellriegel defines......

Words: 998 - Pages: 4

Premium Essay

Ford Motor Company

...“Ford Motor Company” Barbara Wilson Professor Andrea Dennis Business 302 February 7, 2011   Discuss at least three criteria the company should use to decide which of the four listed options is best and the reasons why each criterion should be used. “Steps to Rational Decision Making” Define the problems: Ford Motor has been losing money for years, particularly in its North American operations. Option one is to close down older plants in an effort to realign production and sales. The best criteria decision to use should be “Steps to Rational Decision Making”. The first step in decision making is to identify and define the problem. Identify Decision Criteria are the standards used to guide judgments and decisions. Weight the Criteria. After identifying decision criteria, the next step is deciding which criteria are more or less important. Some companies use mathematical models for weighting decision criteria, all require the decision maker to provide an initial ranking of the criteria. Some use absolute comparisons, in which each criterion is compared to a standard or ranked on its own merits. Another method uses relative comparisons, in which each criterion is compared directly to every other criterion. Some criteria weight that guided decision maker’s judgment to close or not close the company included the cost of present inventory sales. Also cost to buying out the workers, shuttering the plants, setting up a new business and selecting a new location......

Words: 1261 - Pages: 6

Premium Essay

Ford Motor Company

...Ford Motor Company’s Strategic Human Resources John Lucas Liberty University HRM 530 Strategic HR Management Dr. Al Bryant Summer 2014 Ford’s Business and Human Resource Strategy One team, one plan and one goal unites the human resources and business challenges into an integrated strategic plan for Ford Motor Company (Ford, 2014). Ford develops and supports its employees and business through labor relations, business operations, compensation, benefits, work force planning and recruiting, organizational development, personnel relations, human resource strategy, learning and development, aggressively restructuring to operate more profitably at the current economic demand and changing model mix, accelerate the development of new products our customers want and value, finance our plans while improving our balance sheet and work together as an effective team (Ford, 2014). Ford has ensured that its human resources strategy is aligned with its business strategy by encouraging focus, teamwork and a single global approach, and through training and workforce development, employee efforts are aligned to reach a common definition of success (Ford, 2014). Automotive leadership through teamwork to develop customer satisfaction, employee and essential business partner relationships, dealers, investors, suppliers, unions, councils, and communities where Ford has established its presence (Ford, 2014). Ford’s team develops high quality green, safe products, maintains a strong......

Words: 824 - Pages: 4

Premium Essay

The Ford Motor Company

...Ford Motor Company Strayer University BUS 302 Professor Doreen Rainey October 31, 2010 Ford Motor Company located in Dearborn, Michigan has an alarming problem. Ford Motor has lost money in its North American sector of operation in the past years, despite its increase of models. In an attempt to attain a larger portion of the car market Ford Motor acquired some luxury models. Ford Motor moved some what away from Mr. Ford’s vision to produce cars affordable for the masses when acquiring luxury models. In order to reduce loses that are being acquired each year Ford must come up with a solution. There are four options that must be viewed to reduce losses. First is the reduction of older plants. Second produce only practical small cars. Third focus on the international market where Ford has been very successful and reduces it present in North America. Fourth dump the Premium Automotive Group (week 4, nd). Ford should use the S.M.A.R.T. guidelines, Specific, Measurable, Attainable, Realistic, and Timely (Management, 2011, p.79). Let’s take a look at the second option and view it with the S.M.A.R.T. guidelines. Ford specific goal using this option would be producing practical small cars to reduce the revenue lost. The American people are becoming more conscience of the rising gas price environment. SUVs and large car increase the usage of gas causing an increase in out of the pocket expense for personal vehicle. It is a proven fact that SUVs and large car......

Words: 1699 - Pages: 7

Premium Essay

The Ford Motor Company

...Abstract Ford Motors used to be a prominent automobile company in the past. The company is on the verge of bankruptcy because of unexpected/unusual expenses incurred in the form of changes in investment and extinguishment of debt liabilities. The company should devise a policy that curtails the cost of sales, particularly, structural cost. Ford needs vast managerial and structural changes. The company needs to revise its price patterns, designs and make new and attractive products for the ultimate user, mainly, middle-class groups. Ford also needs expansion in Europe and Mexico. Keywords: Ford motors, cost analysis, microeconomics, demand, recommendation Introduction Purpose Microeconomics is that the branch of economic science that analyzes the behavior of individual shoppers and corporations to do and perceive the decision-making method of each business and households. Economics is concerned with the interaction between individual consumers and sellers also because the factors that influence the alternatives created by both consumers and retailers. Especially, economics focuses on patterns of providing and demand and, therefore, the determination of worth and output in individual markets. The aim of this paper is to clarify however economics influences the Ford Motor Company. History Henry Ford was born on June 30th, 1863. Ford saw his first car when he was 12 years old. Henry and his father were riding into Detroit during that time span.......

Words: 2272 - Pages: 10

Premium Essay

Ford Motor Company

...Running head: FORD MOTOR COMPANY Leadership and Organizational Behavior Professor Michael Padgett Strayer University Ronetta Perry May 15, 2011 “Ford Motor Company” The Ford Motor Company, founded in 1903 by Henry Ford, is one of the largest auto makers in the world. In recent years, the auto industry, including Ford Motor Company, has experienced increase financial hardship. Ford lost $12.6 billion in 2006, $2.7 billion in 2007, and as a result of the biggest sales slump in decades, they lost $14.6 billion in 2008, making it the worst year in its history. But when the car industry went into what seemed like a death spiral during the global recession, Ford resisted taking the federal bailout and vowed to show the industry that the brand was built for toughness. Discuss the role of leadership and how it can impact organizational performance. “Leadership is commonly defined as establishing a clear vision, communicating the vision with others and resolving the conflicts between various individuals who are responsible for completing the company’s vision”(Media & Vitez, 2009). Traditionally there are four different leadership styles that suit the follower and their willingness; the telling style in which the leader gives specific directions and supervises closely, the selling style which helps builds confidence in the follower by the leader providing direction and encouraging two-way communication, the participating style in which the leader encourages......

Words: 1432 - Pages: 6

Free Essay

Ford Motor Company

...Ford Motor Company Alan Mulally, CEO, Ford Motor Company Kwatila Ghanyen Prof. Mike Petty BUS 520: Leadership and Organizational Behavior Strayer University Wednesday November 16, 2011 Alan Mulally, CEO, Ford Motor Company Allan Roger Mulally is the present Chief Executive Officer of Ford Motor Company. Ford has been struggling to survive since the 2000s but has regained tremendous profitability under the leadership of Mulally. In this paper, we shall discuss the role of leadership and how it can impact organizational performance, Mulally’s leadership style at Ford and how goal setting has helped Ford improve performance. Ws shall also assess Mullaly on each element in communication openness and the effectiveness of his leadership style and conclude by making recommendations on whether Mullaly should continue with his leadership style or use a different style. The Role of Leadership and How it Can Impact Organizational Performance Leadership is very vital to any organization or business; it guides people towards productive results and aims at achieving the goals of an organization. An effective leader is able to motivate and influence followers when there is a proper alignment between the leader and subordinate. Leadership has been recognized as a major factor in project success and charismatic transformational leadership has a substantially positive effect on organizational performance. (Huang, Hsu & Chiau, 2011) Leaders induce change in organizations......

Words: 1708 - Pages: 7

Premium Essay

Ford Motor Company

...Ford Motor Company Kate What Would You Do? The case creates for options to choose from. Discuss at least three criteria the company should use to decide which four listed options are best and the reasons why each criterion should be used. I think that if I was working for the Ford Motor company I would think about shutting down older plants. I would close down the plants mainly because they are not selling the cars that they are producing, therefore causing the ford motor company to loose profit. I would also move away from producing larger cars, and move more toward producing cars that are better on gas. I feel like the customer would buy a car that’s better on gas, before they buy a car that looks good. The larger cars would mostly cause the greatest decrease in the profit, because some people just cannot afford to spend a lot of money in gas. If Ford can produce a car that people can afford to buy and will not break their pockets at the gas pump, I believe that the ford will be able to sell more cars. The other option I would choose is to reduce the number of plants in Northern America, and utilize our international markets. It would make sense that because people in North America are not buying ford cars like they used to, and our international markets are doing very well, that we would continue our mass production with our international markets and limit our production over in North America. In the light of the possibility that market conditions can and......

Words: 960 - Pages: 4

Premium Essay

Ford Motor Company

...Ford Motor Company Petris Irina Group 310 Contents General Presentation 3 Ford in Romania 4 Competitors 4 SWOT Analysis 5 Bibliography 6 General Presentation Ford Motor Company is an American multinational corporation which is ranked 3rd in the world in automobile production. Ford has always been in the top ten largest companies in the world by revenue and in 1999 was among the most profitable companies in the world and the second largest automobile manufacturer in the world. Type | Stock Company | Founded | June, 17, 1903 | Industry | Automobile | Products | Cars, vans | Area | Worldwide | Net profit | 5.664 billion USD | Total equity | 190.6 bilion USD | Employees | 160.000 | Henry Ford's combination of efficient factories, workers well paid and low prices revolutionized the automotive world and this process was known as "Fordism". . Ford is the largest company in the world belonging to a single family, the Ford family it’s in the management of more than 100 years. Ford in Romania In 2007, Ford offered 57 million euros for 72.4% stake in Automobile Craiova. Ford officially took over Automobile Craiova in March 2008. The new shareholder modernization project began in May 2008 and in spring 2009 he bought a packet acquired 22% stake held by SIF Oltenia Automobile Craiva. Automobile production at Ford's Craiova began on September 8, 2009, but at a very low rate, with about 10 cars per day, producing by the end...

Words: 644 - Pages: 3

Premium Essay

Ford Motor Company

...other internal and external factors have made Ford realize they need to explore solutions to deal with the supply chain challenges leading to cost and the reality they are facing and may continue to face in the future. The majority of issues in Ford’s present chain result from inefficient control of their large supplier base and the complexity of their supplier network in addition to inability to communicate to server their end customers. Ford has realized the urgent need to change their supply chain in order to be more cost effective and more profitable for its shareholders. Since Dell and Ford are two different types of markets, one is in the computer manufacturing/distribution business and the other is in the automobile business, it does not seem right for Ford to implement the exact “virtual integration model” deployed by Dell. The fact the car buyer usually wants to touch and feel the car before they make a purchase of a car would put Ford at risk of losing their customers to the competitors. On the other hand when customers buy computers on-line they don’t have to worry about touching and testing the computers and they require a better price than the other retail avenues to buy computers. Some other considerations in this case are the consideration of the buying frequency of cars versus computers and financing requirements for a car versus a computer. Another consideration would be the number of suppliers to support Ford manufacturing versus Dell’s computer......

Words: 2308 - Pages: 10

Premium Essay

Ford Motor Company

...Case Study for Ford Motor Company Supply Chain Strategy Prepared by Student: Prepared for Instructor: This report is submitted in partial fulfillment of the requirements of the course Table of Content Subject Page Executive Summary ............................................................................... 2 Issue Identification -.......................................................................................... 3 Environmental And Root Cause Analysis.............................................. 3 Alternative And Options......................................................................... 5 Recommendation And Implementation.................................................. 6 Monitor And Control.............................................................................. 6 Reference ................................................................................................... 7 Executive Summary This paper evaluates and discusses the Ford 2000 project to reorganize its international operations in America, Europe, Asia and other locations for cost reduction. Following the evaluation, this writer finds that to implement and to proceed with Ford 2000 project and implement the information technology. As Ford will reduce the delivery time to 15 days and have direct relationship with supplier Tier 1, we will cut the cost. However Ford Motor Company is one of the......

Words: 1098 - Pages: 5

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

Ford Motor Company

...that there are three major automakers in United States (Ford Motor Company, General Motors and Chrysler), but there is something about Ford Motor Company that makes this company so unique. Is it their “never let go” attitude – even when bankruptcy and the likelihood of their collapse was looming in 2008/2009 or the fact that it is still a family controlled business (though the family share is in the minority now) after all these years? Or is it the fact that they still have one of the prettiest cars in the world? Or is it the fact that they are the ONLY auto company that refused to collect the bail-out money from the federal government in 2009 when it was so apparent that they might go- under. Please bear with me with if it appears I am being bias here but it just beats my imagination what this company can do when it comes to their core ethics and principle and most importantly, their innate thirst and desire for corporate social responsibility. Ford Motor Company is “the second-largest automobile company in the world, Ford Motor Company represents a $164 billion multinational business empire. Known primarily as a manufacturer of automobiles, Ford also operates Ford Credit, which generates more than $3 billion in income. The company manufactured vehicles under the names Ford, Lincoln, Mercury, Jaguar, Volvo, Land Rover, and Aston Martin. However in 2008 sold its foreign brands. Ford also maintains interest in Mazda Motor Corporation. Ford's financial stability was shaken in......

Words: 652 - Pages: 3

Premium Essay

Ford Motor Company

...Alan Mulally, CEO, Ford Motor Company Leadership and Organizational Behavior August 7, 2010 Discuss the role of leadership and how it can impact organizational performance. The role of leadership in an organization is like the role of a general in the army; they both plan and lead a group of people to accomplish a goal. The leader of an organization can make it a successful business because of their leadership style or they can cause an organization to fail. A good leader can be compassionate to the employees needs, listen to their complaints and communicate with their employees. In the case it is stated, “Alan Mulally’s leadership has resulted in Ford making some strategic moves.” (Hellriegel et al., 2011) His skills and style helped Ford to move ahead in the industry during an economic recession. Discuss Mulally’s leadership style at Ford Motor Company and provide examples of how his actions fit this style. According to Lewis Booth, chief financial officer at Ford,”Alan’s style is pretty relentless.” He says,” If this is the reality, what are we going to do about it?” (Hellriegel et al., 2011). Mulally is a typical example of a learning leader. (Journelism.org, 2010) What’s most impressive is Mulally’s “results oriented” leadership style. (American Power, 2010). Mulally’s leadership style is relationship behavior. Hellriegel defines this style as “includes using two-way communication, listening, encouraging, involving followers in decision making and......

Words: 1003 - Pages: 5

Premium Essay

Ford Motor Company

...Trends & Strategies……………………………………………………………….12 Risks………………………………………………………………………………..13 Risk Factors……………………………………………………………………….15 Analysis of Financial Statements and Ratios…………………………………..16 Conclusion…………………………………………………………………..…….17 Bibliography………………………………………………………………………19 Attachments: A – Income Statement for 5 Years B – Balance Sheet for 5 Years C – Horizontal Analysis of Income Statement D – Horizontal Analysis of Balance Sheet E – Company’s Rations compared to Industry Averages Industry Overview: The automobile industry is comprised of companies that design, manufacture, engineer, assemble, and market automobiles and motorcycles and provide leasing and financial services. Industry performance is closely linked with economic performance. The auto industry represents one of the largest segments of the U.S. economy. The U.S. industry is dominated by the Big Three, General Motors, Ford Motor Company, and Chrysler. The auto industry employs nearly 6.6 million people nationwide which represents about 5% of private sector jobs. Surging oil prices have shifted demand away from SUV’s and light trucks to more fuel efficient options. This change in consumer preferences has caused German, Japanese, and Korean manufacturers market share of the industry to expand. The American...

Words: 3250 - Pages: 13