Analysis…………………………………………………………………...............1 Company Analysis………………………………………………………………………...............4 Decision Options…………….…………………………………………………………………….6 Recommendation………………………………………………………………………………….8 Problem Definition: In early 2007‚ Ford Motor Company is struggling to stay afloat with flat sales and increasing costs in an incredibly competitive market. Over the past five years‚ despite many attempts at restructuring and cutting costs‚ Ford Motors is suffering falling market shares and
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Leadership Style Paper By: Stephanie Santana University of Phoenix HCS/475 Mary Kattan Introduction Being a leader is more that motivating others to strive harder and accomplish goals. It’s more about gathering everyone with different skills‚ religion‚ ethnicity‚ etc. and making them one. As a leader‚ the task is to develop new strategies‚ tackle problems as soon as they start‚ recognize signs of stress‚ leave personal problems as home‚ put the job first‚ etc. Not everyone makes a great
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HOW I BECAME A PARTICIPATIVE LEADER To be honest‚ this assignment has had me overthinking about what type of leader I am‚ which is why I had to take two tests‚ and both resulted in evidencing‚ according to my attitudes and thoughts‚ a participative leadership style; it is a description with which I completely agree. When I come to think about it‚ most of the times I accept input from my team members when I am designated as team-leader‚ since I am convinced that all the group members have to get
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Ford Motor Company Restructuring Holly Colton Organizational Change: MGT 435 Professor Guwanda Lewis June 7‚ 2010 Introduction With the effects of the ever changing United States economy‚ how was Ford Motor Company able to rise above its competitors to stay afloat in the auto industry? Ford has gone through extensive restructuring in the past years to help the company in this current time of hardship. Some of these restructuring efforts have been to down-size the workforce‚ to focus on
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Of the Leadership Styles discussed so far‚ which style do I most relate to and why? Answer I can relate mostly to the democratic leadership style. This is because when I am a leader of a group‚ I usually develop the ideas for the team and I encourage the members to come up with newer and better information‚ I allow them to set their goals and I also recognize and encourages achievements. The other reasons why I believe I mostly relate to the democratic leadership style are because I try to keep
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Does Ford have too much cash? For this question‚ we need some measurement of liquidity to compare the turnover rate and reservation of cash for Ford‚ GM‚ Chrysler and compare those measurements in different years to see if Ford have too much liquidity which means too much cash. Quick ratio is liquidity measurement which is a variant of the current ratio. It focuses on quick assets‚ which are those assets likely to be converted to cash within a relatively short period of time. Quick ratio=
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Ford Motor Company was launched in a converted factory in 1903 with $28‚000 in cash from twelve investors. It would go on to become one of the world’s largest and most profitable companies. It is one of the largest family-controlled companies in the world and has been in continuous family control for over 100 years. Ford Motor Company is an American multinational corporation and the world’s third largest automaker based on worldwide vehicle sales. Its overseas business encompasses only one truly
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Ford operates in the US auto mkt‚ a huge‚ but not a high growth market. Growth in last 7 yrs – 1% US players losing share to foreign players. Firms consolidating. Targeting smaller segments – large no of models‚ low sales volume / model Focus on fuel efficiency‚ alternate fuels. All firms targeting US mkt. Chrysler merged with Daimler Benz‚ breaking off now. Focussed on clean diesel Power - BLUETEC GM focussing on hybrid vehicles‚ tying up with Toyota. Toyota caught up with Ford in sales volume
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cracking pace from the beginning. The team operates with high energy‚ engagement and motivation. The leader sets members tasks‚ but then takes the task off them if they are “not performing” and gives it to someone else. Despite this‚ the team members remain engaged‚ seeing this as a consequence of the high standards set by the leader. At the end of the task the team reports that they enjoyed the experience‚ are proud of what they achieved‚ but are exhausted. The leader is often exhausted too‚ saying
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(VEP) Evaluation Ford Motor Company Ford Motor Company is an American automaker‚ it is the world’s fifth largest automaker based on worldwide vehicle sales. Its headquarters are based in Dearborn‚ Michigan‚ which is a suburb in Detroit. Henry Ford founded Ford Motor Company on June 16‚ 1903 and it became one of the largest and most profitable companies in the world‚ as well as being one of the few to survive the Great Depression. Ford Company is the largest family-controlled company in the world; it
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