Presentation on  The King of Automobile Industry-  Mr. Henry Ford <ul><li>By- </li></ul><ul><li>Prachi  </li></ul><ul><li>...
Henry Ford – the IKON
Introduction to Henry Ford  <ul><li>Henry Ford a successful tycoon in  American Business world . </li></ul><ul><li>Ford  t...
Early Life of Henry Ford <ul><li>He  began with apprenticeship in a machine shop. </li></ul><ul><li>To survive from low wa...
Ford Motor Company & Model T <ul><li>Model T was introduced in 1908. </li></ul><ul><li>Steering wheel on left. </li></ul><...
Model A <ul><li>After the decline of model T due rising competition, Henry Ford was convinced to make a new model. </li></...
Labor Philosophy  <ul><li>The Five-dollar workday  </li></ul><ul><li>Pioneer of “Welfare Capitalism”. </li></ul><ul><li>To...
Ford Airplane Company <ul><li>Ford entered the aviation business during the World War –I. </li></ul><ul><li>He started wit...
Willow Run <ul><li>President Roosevelt reffered to Detroit as the “Arsenal of Democracy”. </li></ul><ul><li>Help in mass p...
Peace & War <ul><li>Henry Ford oppose war. </li></ul><ul><li>He thought war is the waste of money and man power. </li></ul...
International Establishment <ul><li>His philosophy was one of economic  </li></ul><ul><li>independence for the US. </li></...
Ford at Racing <ul><li>Ford maintained an interest in auto racing. </li></ul><ul><li>His involvement was in sport both as ...
Death <ul><li>In 1943, due to the death of Henry Ford’s son, Edsel, president of the Ford Motor Company, died of cancer, H...
Honors  <ul><li>In 1999, Ford was among 18 included in Gallup’s List of  Widely Admired People of the 20 th  century, from...
Ford – towards Business and Life <ul><li>“ If money is your hope for independence you will never have it. The only securit...
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Henry ford

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Henry ford

  1. 1. Presentation on The King of Automobile Industry- Mr. Henry Ford <ul><li>By- </li></ul><ul><li>Prachi </li></ul><ul><li>Sampada </li></ul><ul><li>Shital </li></ul><ul><li>Sahil </li></ul><ul><li>Sudip </li></ul><ul><li>Atul </li></ul><ul><li>Pravin </li></ul>
  2. 2. Henry Ford – the IKON
  3. 3. Introduction to Henry Ford <ul><li>Henry Ford a successful tycoon in American Business world . </li></ul><ul><li>Ford the philanthropist and inventor . </li></ul><ul><li>The Founder of Ford Motor Company . </li></ul><ul><li>He was born in Greenfield ,Michigan on 30 th july 1863. </li></ul><ul><li>The Son of Farmer. </li></ul><ul><li>Left school at the age of 15 . </li></ul><ul><li>Famous for his assembly line production. </li></ul>
  4. 4. Early Life of Henry Ford <ul><li>He began with apprenticeship in a machine shop. </li></ul><ul><li>To survive from low wages he spent evenings in repairing clocks and watches . </li></ul><ul><li>In 1981 ,Ford became engineer with Edison Illuminating Company, soon he became Chief engineer . </li></ul><ul><li>Now he had time for his personal experiments, on gasoline engines </li></ul><ul><li>This lead to development of Ford Quadricycle . </li></ul><ul><li>Thomas Edison encouraged Ford . </li></ul><ul><li>Foundation of Detroit Automobile Company ,which was dissolved later on . </li></ul><ul><li>Then he developed 26-HP automobile and Detroit Automobile Company became Henry Ford Company . </li></ul><ul><li>Now Ford developed 80+HP racer called as “999”and form partnership “Ford & Malcomson, Ltd”. </li></ul>
  5. 5. Ford Motor Company & Model T <ul><li>Model T was introduced in 1908. </li></ul><ul><li>Steering wheel on left. </li></ul><ul><li>The car was simple to drive, easy and cheap to repair. </li></ul><ul><li>It was for $825(i.e. $20,100 in current dollar terms) only. </li></ul><ul><li>The price fell year by year. </li></ul><ul><li>Majority of drivers had learned to drive on the model T. </li></ul><ul><li>Ford was always eager to sell his car to the </li></ul><ul><li>farmers. </li></ul><ul><li>He had a good network of dealers all over. </li></ul><ul><li>Sales skyrocketed. </li></ul><ul><li>Half of all cars in America were the Model T’s. </li></ul>
  6. 6. Model A <ul><li>After the decline of model T due rising competition, Henry Ford was convinced to make a new model. </li></ul><ul><li>He involved great technical expertise. </li></ul><ul><li>Body design was left to his son, Edsel. </li></ul><ul><li>The result was the successful Ford Model A. </li></ul><ul><li>Total output was more than 4million </li></ul><ul><li>Hence Ford company adopted annual model change system similar to competitor General Motors. </li></ul>
  7. 7. Labor Philosophy <ul><li>The Five-dollar workday </li></ul><ul><li>Pioneer of “Welfare Capitalism”. </li></ul><ul><li>To improve workers and labor turnover . </li></ul><ul><li>He be lived in hiring and keeping best workers . </li></ul><ul><li>He was the first to offer $5 per day wage. </li></ul><ul><li>This lead to doubling of rate of workers . </li></ul><ul><li>Also, he introduced five 8 hrs days work i.e. 40hrs work per week . </li></ul><ul><li>Due to high wages his workers could afford the cars produced by themselves . </li></ul><ul><li>Ford always said that, ”Without changing the principle we have changed the method of payment”. </li></ul>
  8. 8. Ford Airplane Company <ul><li>Ford entered the aviation business during the World War –I. </li></ul><ul><li>He started with Liberty Engines. </li></ul><ul><li>His most successful aircraft was “Ford 4AT Trimotor “,it is also called as the “Tin Goose ”,because of its corrugated metal construction. </li></ul><ul><li>He used new alloy called, Alcald . </li></ul><ul><li>The Trimotor first flew in 1926,and was first successful US passenger airliner . </li></ul><ul><li>Ford Airplane Division was shutdown because of poor sales during the Great Depression . </li></ul>
  9. 9. Willow Run <ul><li>President Roosevelt reffered to Detroit as the “Arsenal of Democracy”. </li></ul><ul><li>Help in mass production for war effort. </li></ul><ul><li>Ford’s Willow Run factory broke ground in 1941. </li></ul><ul><li>It was largest assembly plant in the world. </li></ul>
  10. 10. Peace & War <ul><li>Henry Ford oppose war. </li></ul><ul><li>He thought war is the waste of money and man power. </li></ul><ul><li>He criticized the people who financed & supported war. </li></ul><ul><li>He tried stop such people. </li></ul><ul><li>He also met President Willson, regarding maintaining peace but government gave no any response. </li></ul><ul><li>The Ford plants in Britain produced tractors, trucks, & aircrafts. </li></ul><ul><li>When US entered the war, he became major supplier of weapons, especially the Liberty engines for airplanes. </li></ul><ul><li>Then Woodrow Willson encouraged Ford to run a seat from Michigan, in the US Senate. </li></ul><ul><li>However, he was not successful as a politician. </li></ul>
  11. 11. International Establishment <ul><li>His philosophy was one of economic </li></ul><ul><li>independence for the US. </li></ul><ul><li>His River Rouge Plant became the </li></ul><ul><li>worlds largest industrial complex </li></ul><ul><li>pursuing vertical integration to an extend that it could produce its own steel. </li></ul><ul><li>Fords goal was to produce vehicles form scratch reliance on foreign trade. </li></ul><ul><li>He believe in global expansion of his company, also that international trade and co-operation led to international peace. </li></ul><ul><li>He opened Ford assembly plants in Britain and Canada in 1911. </li></ul><ul><li>Ford’s theory was that international trade was essential for world peace. </li></ul><ul><li>Ford also opened plants in Australia, India ,France. </li></ul><ul><li>He experimented with rubber plantation. </li></ul><ul><li>By 1932,Ford was manufacturing one third of worlds automobiles. </li></ul><ul><li>“ Automobiles has so completely changed the American’s mode of life that today one can hardly imagine being without a car. ” </li></ul>
  12. 12. Ford at Racing <ul><li>Ford maintained an interest in auto racing. </li></ul><ul><li>His involvement was in sport both as driver and builder. </li></ul><ul><li>He entered with declined Model T in the races, and which later disqualified. </li></ul><ul><li>But after the rewokation in the Indianapolis 500, he dropped out of racing permanently. </li></ul><ul><li>Nevertheless, Ford did make a quite impact on auto racing. </li></ul>
  13. 13. Death <ul><li>In 1943, due to the death of Henry Ford’s son, Edsel, president of the Ford Motor Company, died of cancer, Henry decided to assume presidency. </li></ul><ul><li>But soon he started with several cardiovascular strokes and mental inconsistencies, and no longer fitted for the job. </li></ul><ul><li>In ill health he ceded his presidency to his grandson Henry Ford II and went to retirement. </li></ul><ul><li>He soon died due to cerebral hemorrhage at the age 83 in Fair Lane. </li></ul>
  14. 14. Honors <ul><li>In 1999, Ford was among 18 included in Gallup’s List of Widely Admired People of the 20 th century, from a poll conducted of the American people. </li></ul><ul><li>In 1928, Ford was awarded the Franklin Institute’s Elliott Cresson Medal. </li></ul><ul><li>The United States Postal Service honoured Ford with a Prominent American series (1965-1978) postage stamp. </li></ul>
  15. 15. Ford – towards Business and Life <ul><li>“ If money is your hope for independence you will never have it. The only security that a man will have in this world is a reserve of knowledge, experience and ability”. </li></ul><ul><li>“ Nobody can think straight who does not work. Idleness warps mind”. </li></ul><ul><li>“ A market is never saturated with a good product, but it is very quickly saturated by a bad one”. </li></ul><ul><li>“ Failure is the opportunity to begin again, more intelligently”. </li></ul>
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