Alan Mullaly
In the 103 years of being an automobile maker, Ford Motor Company faced it biggest financial crisis in 2006, with roughly $12.7 billion of annual loss. On the verge of bankruptcy, Chairman William Clay Ford Jr. chooses Alan Mulally to be the company new CEO in hope that his leader skill will somewhat save the company. Alan Mulally did not have any experience with automobile before the job offer at Ford. Surprisingly to everyone in the industry, Mulally not only help turn Ford around, but stay on top due his expertise and leadership skills.
Taking a risk: Change When Mulally first started out, he did hit some obstacles. Ford was still having financial trouble even before and after Mulally taken over. In 2008, the company loses $14.8 billion, more than back in 2006. Ford was in need of help, when the company decided to joined with Chrysler and GM to testify in front of Congress about the collapse prediction of American auto industry. The “Big” three company was hoping government could assist to keep the auto industry from folding. After appearing in front of congress, Mulally decide Ford would go at it alone, without the help of the government. Mulally take huge risk, overcome many obstacle in order to put Ford back in the fast lane. With his “no-fail” attitude, he instills that attitude in his people, because he knew for sure that Ford would make a comeback. Mulally also make big change in the product line, because he realized that “it not about the car or truck consumers bought, but the technology inside them”(Alan Mulally). This was the reason he changed the Ford vehicle inside and out.
Internal environment changes
According to Mulally “we were going to be world-class, we needed to pull together and leverage and use our assets around the world to create a power house – One Ford, One team”. In order to become one team, the internal of the company has to be strong. To do this, Mulally “forced” everyone in the company to be on the same team, by having his
Taking a risk: Change When Mulally first started out, he did hit some obstacles. Ford was still having financial trouble even before and after Mulally taken over. In 2008, the company loses $14.8 billion, more than back in 2006. Ford was in need of help, when the company decided to joined with Chrysler and GM to testify in front of Congress about the collapse prediction of American auto industry. The “Big” three company was hoping government could assist to keep the auto industry from folding. After appearing in front of congress, Mulally decide Ford would go at it alone, without the help of the government. Mulally take huge risk, overcome many obstacle in order to put Ford back in the fast lane. With his “no-fail” attitude, he instills that attitude in his people, because he knew for sure that Ford would make a comeback. Mulally also make big change in the product line, because he realized that “it not about the car or truck consumers bought, but the technology inside them”(Alan Mulally). This was the reason he changed the Ford vehicle inside and out.
Internal environment changes
According to Mulally “we were going to be world-class, we needed to pull together and leverage and use our assets around the world to create a power house – One Ford, One team”. In order to become one team, the internal of the company has to be strong. To do this, Mulally “forced” everyone in the company to be on the same team, by having his