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Alan Mulally, CEO, Ford Motor Company - Case Study Example

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This study is about the success of Ford with the help of approaches adopted by Alan Mulally. The study helps to understand the role of Alan Mulally in the success and change of fortune of the company…
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Alan Mulally, CEO, Ford Motor Company
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Download file to see previous pages The study also contains the leadership style of Alan Mulally. Alan Mulally has also applied his own strategies and made certain changes in the company due to which the company has been able to recover and has shown the potential of growth in future. The evidence based management has been applied in this study to identify whether the style of management of Alan Mulally comes under this aspect. It has observed that under Alan Mulally, there is transparency in the company, as every aspect is communicated to everyone in the company. Personality of Alan Mulally The personality can be judge on the basis of five fundamental elements which is known as the Big Five Dimensions of personality. The researcher of personality has projected the fundamental feature for evaluation of a personality (Coon, 2009). This theory is growing since the last 50 years. The big five is a broad class of personality traits which reflects a personality or behavior of an individual. The five categories are discussed as follows: Extraversion: It includes character of an individual as, sociability, assertiveness, talkativeness, and excitability and high level of ‘emotional expressiveness’. Agreeableness: It includes aspect such as, altruism, trust, affection, kindness and prosaically behaviors. Conscientiousness: It includes thoughtfulness, impulse as well as goal-focused behaviors. Neuroticism: It includes individual having emotional insecurity, irritability, nervousness, and unhappiness. Openness: It includes features of individuals such as imagination as well as insight and dept of life (Coon, 2009). According to the Big Five Dimension of Personality, Alan Mulally is a leader who especially focuses on the goals or objectives. He has high desires to achieve the objectives, thus it can be said that he is an individual having conscientiousness personality. He is involved in making the company more focused in its core business as the company was unsuccessful and had incurred loss of about $12.6 billion in 2006. It can be observed that, Alan Mulally visits the operation unit every week to assess the performance level of each unit (Coon, 2009). It can also be said that he has characteristics of openness as his thoughts and expectations for the company is really quite high. He had thought of manufacturing electrical car in 2010 and to be ahead from his competitors such as GM as well as Chrysler/Fiat. This characteristic has made him more challenging and thus enhancing his leadership quality. His behavior such as respect, discipline and listening to others as well as appreciation of others views shows that he has characteristics of extroversion and agreeableness. He is open to everyone, as he shares all the strategies with his executives. He had been an initiator as he developed a new strategy for operational unit of the company (Coon, 2009). Leadership Style Leadership is an act of making others to do the work with different techniques so as to achieve a common goal. Alan Mulally’s style of leadership is to approach employees to attain the company’s objectives is participative style. This style engages Alan Mulally along with other executives while taking the decision related to the company. The process of decision making helps to determine executives to do their work in an appropriate way to achieve the common goals. However, Alan Mulally has given an authority to their executives to contribute in the process of deci ...Download file to see next pagesRead More
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