The content of this paper is to outline the roles of leadership and how it affects organizational performance. It then discusses the role of Allan Mulally’s, CEO of Ford Motor Company, leadership style. The paper also presents how Mulally’s decision to set a goal increased the company’s performance and mentioning how Allan Mulally’s openness has gained him trust and helped him to reach his goal. Finally, my point of view on the impact of Mulally’s leadership style and how it effects the organization
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Alan Mulally, CEO, Ford Motor Company Leadership and Organizational Behavior 05/15/2011 1 Ford Motor Company 2 Alan Mulally, CEO, Ford Motor Company “Leadership is a 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” (Hallriegal & Jr. Slocum, 2011, p. 4). Leadership is an important concept and it all starts with the
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Corporate Governance Introduction The purpose of this paper is to brief detail of the Ford Motor Company. The different aspect of their development and future production in discuss in the paper below. This company was selected by our team because of Ford Motor Company has come a long way despite having going through auto industry crash a couple of years ago. The company was founded in 1903 by Henry Ford. He was 39 when founded the company. He started producing cars in Detroit, Michigan where
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It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and luxury cars under the Lincoln brand. In the past it has also produced heavy trucks, tractors and automotive components. Ford owns small stakes in Mazda of Japan and Aston Martin of the United Kingdom. It is listed on the New York Stock Exchange and is controlled by the Ford family, although they have minority ownership.[2] Ford introduced methods for large-scale
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U.S. automakers accepted federal funds in order to stay in business, Ford Motor Company—in the voice of CEO Alan R. Mulally— said no. The federal funds were to come in the form of short-term loans, which Ford determined that it didn’t need at the time to survive. Several years earlier, the firm had faced financial decisions and restructured its debt in such a way that, when the economy slowed down, Ford didn’t. Mulally observes that this timing was a bit of luck and a bit of strategic planning
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than others they have better products and bigger market shares. The first purpose of this paper is to present the old organizational culture, the old values and leadership style of Ford and how they affected the performance of the company. The second goal of the paper is to show why the need for change came in Ford and how they managed to implement this change into practice. Organisational culture, Leadership and Leadership Style – Definitions One of the possible definitions for organisational
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In 2006, The Ford Motor Company, at 103 years old, found itself floundering, lacking leadership, and near insolvency. It had lost 25% of its market share since 1990 and lagged behind some of its competitors in innovation and design, all the while burdened with drastically increasing legacy and operating costs. The company’s Board of Directors recognized that bold leadership is required if Ford was to be saved. In September 2006, although faced with much skepticism for its decision to seek external
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Alan Mulally, who was hired as CEO of Ford in September 2006, had not engineered, designed, or built any cars. He came from Boeing. After joining Ford, he devised a plan that identified specific goals for the company, created a process that moved it toward those goals, and installed a management system to make sure the company reaches those goals. Mulally demands weekly, sometimes daily, updates. “Alan's style is pretty relentless,” says chief financial officer Lewis Booth, a 31-year Ford veteran
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Alan Mulally, CEO, Ford Motor Company Dr. Obi. Iwuanyanwu BUS520 Organizational Behavior August 8, 2011 Discuss the role of leadership and how it can impact organizational performance. Leadership can have huge impact on organizational performance. The role of leadership is the act of motivating a group of people towards a common goal. Intelligence, maturity and breadth, achievement drive and integrity are key traits of most successful leaders. Less effective leaders don’t tend to possess
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1. Where would you put Ford in terms of competitive position? Why? Ford has dramatically enhanced their competitive position by developing a new marketing strategy and focusing on the Ford brand. Ford with the assistance of new CEO Alan Mullaly fought hard against bankruptcy and even harder to gain consuer trust in the comapny and the brand. Ford gained a competitive advantage especially in terms of customer satisfaction. 2. Is Ford a market-centered company? How can it improve in this area
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