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The Billion Dollar Lessons Learnt By Ford Motor Company That You Must Do On Your Project

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Alan Mulally took an old failing company and restored it to its former glory. The company with a scarred brand and aged business model was losing 16 billion dollars a year. That’s 50 million a day, 365 days a year! The company was no other than Ford Motor Company. His focus on teamwork and accountability created a new company culture. This new culture focused on positive leadership with a vision toward moving forward. This, in turn, drove results.
In this slideshow, you will see 5 important measures that brought the company back from the brink. These measures that worked so well for Ford also work on projects. Without these measures, there is a strong possibility that your project will fail.

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The Billion Dollar Lessons Learnt By Ford Motor Company That You Must Do On Your Project

  1. 1. Alan Mulally, took an old failing company and restored it to its former glory. The company with a scarred brand and aged business model was losing 16 billion dollars a year. That's 50 million a day, 365 days a year! The company was no other than Ford Motor Company. His focus on teamwork and accountability created a new company culture. This new culture focused on positive leadership with a vision toward moving forward. This in turn drove results. In this slideshow, you will see 5 important measures that brought the company back from the brink. These measures that worked so well for Ford also work on projects. Without these measures there is a strong possibility that your project will fail.
  2. 2. “You have a problem;  you are not the problem.” When the first executive had the courage to admit that a new vehicle launch would be delayed, instead of firing him (as everyone assumed), Alan Mulally began clapping and said, “… that is great visibility… what can we do to help you out?”. From this point, confidence bloomed, communication flowed and collaboration grew. There is no point as the project manager always reporting that the project is green. Saying everything is ok and then towards the end start to panic as everything is broke.
  3. 3. Vision, Focus, Plan Most people are aware of the need to have a clear project plan yet it is also important to have vision and focus. Showing someone how the task that they are doing links to the benefits of the project is a huge motivator. Also showing what the focus should be will help give the project team clarity on what they should be working on. “Leadership is having a compelling vision, a comprehensive plan, relentless implementation, and talented people working together. People also want meaning.” Alan Mulally
  4. 4. Make things simple Alan Mulally restructured Ford by integrating the regions and functions. He made each business unit accountable for their own operations. Some key functions moved and managed from one place. This whole process had the brand “One Ford”. An easy way to make things simple on your project right at the start is making sure the scope is clear. During the delivery of the project it is a good idea to break the project down into easy to understand small parts.
  5. 5. Positive Leadership Good project management requires good leadership. Be open and honest with your project team and this will encourage them to be open and honest with you and each other. Under Alan Mulally`s leadership, Ford established an approach called “Working Together”. This is encouraging people to meet face to face, share ideas, resolve conflicts and build trust. This in turn helps to develop a shared understanding about what they are trying to achieve.
  6. 6. Review the model of doing business Alan Mulally went back to how Ford's founder Henry Ford imagined the company. To build a great and affordable car which anyone could afford. This particularly applies to projects that have been ongoing for a while and have lost their way. Instead of stopping the project go back to what the project first set out to achieve. This can get a project going again.
  7. 7. ProjectNewsToday.com To read the full article visit

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