At Ford Motor Company there are some big changes happening, namely Bill Ford is stepping aside the CEO position to Alan Mulally who is a former Boeing Commercial Airline Division CEO. In fact Mulally is credited for turning around Boeing as it flew out of one of the biggest down turns in commercial aviation manufacturing. So, he understands advancing technology and re-designing factories, dealing with labor unions, getting the job done while pleasing Wall Street. But some wonder can he do it, as filling Bill Ford’s shoes is a big job.
Change management at Ford Motor Company at the top level is not without its own set of crisis and some question how well Mulally will do. Others see Alan Mulally as the right man in the right place at the right time at Ford Motor Company. Ford has already indicated a tough run of layoffs, selling some of its acquired brand names such as Range Rover, Austin Martin and Jaguar to raise funds and balance its assets.
No matter what happens at Ford Motor Company you can be sure that this will be a case study discussed in business management and MBA schools, colleges and Universities for decades to come. Will Mulally pull it off? If so how and how long will it take wonder investors? Only time will tell and we do live in interesting times. Consider this in 2006.
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