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Can Boeing's Alan Mulally, head of Boeing’s commercial aircraft division turn Ford Motors around?
Ford may have done something spectacular that will be written in Golden srcipts of corporate shake up.
Ford Motor named Alan Mulally, head of Boeing’s commercial aircraft division, as chief executive in a widening shake-up at the world’s third biggest carmaker.
According to sources Alan Mulally's secret plans can make Ford the biggest car maker in the next ten years beating that of Toyota and GM.
Mr Ford, a great-grandson of Henry Ford, the company’s founder, will remain as executive chairman. But he insisted that Mr Mulally would have “the responsibility and the freedom to do the job”.
Mr Mulally's records are impressive. The management styles are bottom up with participation from all. He uses quantitave methods, stochastics and inferential statistics to get the results that are otherwise impossible to obtain.
Ford reported a $1.3bn loss in the first half of this year. Its US market share slid to 16 per cent last month from 18.1 per cent a year earlier and a peak of over 25 per cent in 1995.
The massive shake up at the very top was overdue and the best thing that happened to Ford.
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