...“Alan Mulally, CEO, Ford Motor Company” Corey Young Dr. Bernard Nash Leadership and Organizational Behavior May 8, 2011 Discuss the role of leadership and how it can impact organizational performance. The impact of leadership in building a successful business is quite enormous. Firstly, leaders make things happen---They are the catalyst for business success; they challenge the status-quo; they are vision-driven; they think differently. Secondly, leaders manage through times of change---They determine direction; they are goal-setters and goal-getters; they move organizations from where they are to where they need to be. And thirdly, leaders are revolutionaries---They face reality and mobilize appropriate resources; they encourage others to do the same; they leave a footprint that cannot be erased. These are the Jack Welch of the 21st Century who turns a dying business to a multi-billion dollar business, just as Allan Mulually did for Ford Motor Company. Mulually took on the responsibility to save the Ford Motor Company name as well increase revenue. He also managed to bring back the Ford Taurus after Ford has made the decision to replace it with the Ford Five Hundred. The new Ford Taurus has made a drastic come-back with raving reviews; which has also kept Ford motor company from borrowing from the government as many other dealerships have done thus far. Mulually obviously had done his homework on the Ford Taurus’s...
Words: 900 - Pages: 4
...BLB 20058 – M – MSTRA- L MANAGING STRATEGY ASSIGNMENT FARUK SULEIMAN TP025329 WORD COUNT: 3694 WORDS UCMF1103MBAIT SCHOOL OF POSTGRADUATE TECHNOLOGY PARK MALAYSIA ASIA PACIFIC INSTITUTE OF INFORMATION TECHNOLOGY UNIVERSITY OF STAFFORDSHIRE SHARMILA A/P K. N. SETHUMADHAVAN EXECUTIVE SUMMARY Strategy is well explained as the effective use of well laid out plans to achieve success. It is no less of spectacle to attribute strategy to individual achievement, achievement from a company, a country or at the very least a non – financial institute to achieve strategic success. Ford Motor Company has in recent times lost its market share to emerging Asian companies such as Honda, Toyota, Hyundai and Nissan. As a new landscape of economic might surfaces, new car stereotypes are emerging. Finding a place in these segments is proving difficult for Ford Motors and hence need to change its strategies. Hyper-competition combined with tough economic times has pushed Ford to the edge of insolvency. This paper examines the issues that plague the company while using published models to make analysis on how and why the problems occur to better understand their potential impact on the company’s sustainable competitive advantage. Recommendations will seek to give strategic solutions to address the issues identified earlier. This research isn’t structured upon models to identify, analyze and solve issues but rather looks at the core of the problems within Ford Motors...
Words: 5717 - Pages: 23
...Journal of Business Studies Quarterly 2010, Vol. 2, No. 1, pp. 65-82 ISSN 2152-1034 Gender Compensation Discrimination: An Exploration of Gender Compensation Gap and the Higher Education Connection Judith E. Grey-Bowen, Miami-Dade County Public Schools Donovan A. McFarlane, The Donovan Society LLC and Frederick Taylor University Abstract The purpose of this paper is to examine the gender gap and the potential factors that contribute to income inequality. Since the passing of the equal pay act, the median weekly earnings of women is still just seventy eight cents on each dollar that men earn (Center for American Progress, 2010). To put this in context, the pay gap in 1970 was sixty two cents and in 1992 it was seventy five cents (Institute for Women’s Research, 1993). Undervaluation of women’s work, occupational gender segregation, and discriminatory treatment in the workplace continue to hamper efforts to reduce the gender pay gap. A pay check is women’s and men’s most important source of income. Therefore, it is surprising, discriminatory and unfair to know that after both genders have worked satisfactorily on the same job; they do not receive the same pay. The gender pay gap is the best way to measure pay inequality between men and women. The authors discuss Gender Compensation Discrimination and examine the historical trends in pay difference, the various causes and the methods and paths considered for closing the Gender Compensation Gap. Key words: Gender Compensation...
Words: 9335 - Pages: 38
