Alan Mullaly: Businessperson of the Year

[tidus1203]

Ang aking bagong idol, Fortune's business person of the year...

It’s a great time for Ford. They have streamlined their lineup of vehicles, increased the quality of their vehicles to compete with foreign auto, turned a profit 5 quarters in a row and they did this all without any assistance from the Federal government. All this success can be linked directly to Alan Mulally the current CEO of Ford who also successfully turned around Boeing before being recruited by Ford.
All of these successes are what lead to Alan Mulally being named businessperson of the year by Fortune.

http://www.mustangevolution.com/201011084087/




Even beating Apple's legendary Steve Jobs and Berkshire Hathaway's Warren Buffet!

[jetrone]

Even the facebook guy.

[tidus1203]

Even the facebook guy.

Yeah Mark Zuckenberg... Mark Zuckenberg was more on improving a growing new industry (social networking). Pero nauna pa sa kanya ang Friendster and MySpace...

Iba talaga yung kay Alan. Mahirap gawing $17B loss into $1B profit in 3 years... He took a lot of bold moves, sinanla na nya lahat pati yung blue oval logo para makautang ng $25B prior to the crisis. Many people outside of Ford thought they were desperate to do this and are in serious trouble. Of course now we know the sheer brilliance of the move and it was all done to start the restructuring process. It was enough money to see them through the crisis and continue to invest even on difficult times... That's why the Americans have responded, Ford is now the #1 car maker in the US, it used to be GM before the crisis (now even beating Toyota as well)... I also like how Alan Mulally created ONE FORD. By streamlining all the products worldwide he not only saved cost by introducing one models worldwide, but thank God he bought us those European gems...

ALAN MULALLY IDOL!!!

[tidus1203]

[ame="http://www.youtube.com/watch?v=Mf2xQ-5xU0Q"]YouTube - Alan Mulally talks about the future of Ford[/ame]

Funny when he was asked about the GM IPO...

[eggman]

Mamayang 9 P.M mayroon nito sa CNBC Asia:

http://www.cnbc.com/id/39759908/

Watched this one last night and its great!

[tidus1203]

Dang I missed watching that last night and I might miss it again today. Was watching F1... How long is the documentary?

[eggman]

About one hour. Galing talaga ng bagong CEO ng Ford kahit si Obama bilib sa kanya!

May replay naman mamayang 4 A.M.

[tidus1203]

Sana meron mag upload sa YouTube. Thanks to Alan we have the Fiesta over here, if Bill Ford was still running it we still get the leftovers and the gems are still in Europe...

[andywesteast]

I also like how Alan Mulally created ONE FORD. By streamlining all the products worldwide he not only saved cost by introducing one models worldwide, but thank God he bought us those European gems...

ALAN MULALLY IDOL!!!

He followed what TOYOTA has been doing for years. One Camry for the whole world, One Corolla for the whole world. etc.

[tidus1203]

But come on, the Corolla and Camry are nothing special so maskin gawin silang worldwide they are still boring worldwide. Reliable, yes but very boring. Toyota is fast becoming the "OLD GM" (General Motors and not Gen. Miting), big and arrogant... Kaya ayan recall tapos yung CEO nila inutusan pa ng US Congress to come and testify to them...

For years Ford had great cars and success in Europe and it was stuck there... Thanks to Alan we Asians now have those Euro gems here and the Americans are also thankful cause they also get the European gems of Ford. Yung US Focus is so much different to the Euro Focus its really funny they only share the same name...

Right now I like 2 carmakers. Hyundai and Ford. Both are doing a good job.

[andywesteast]

Alan Mullaly used to drive a Lexus when he joined Ford. Toyota is his Reference Paradigm. He himself admitted that years ago as a Ford newbie.

The US and Euro Focus will be the same car this 2012 model year. The current Focus you are referring to is the vestige of the Old Ford.

FYI, Toyota is the world's biggest car maker and is Profitable. That is a very hard feat to achieve.

Ford is just realizing recent successes but has a long way to go, now being smaller than Volkswagen and Hyundai.

Even Hyundai is following how Toyota does it, one model for the whole world.

[tidus1203]

Sure he does cause Ford was lagging before and he need to know what their successful competitors are doing. He was an airplane guy so he is new to cars so he was studying back then. Now he wants Ford to be best in class on all the vehicles they sell whether its cars, utilities or trucks...

The stock price of Ford is just phenomenal and I admit I made a lot of money on it just recently. Toyota's stocks is falling and stagnant even though they are profitable. It just shows the market thinks Ford has a better growth track than Toyota which is very stagnant. Hyundai's stocks is also doing well...

Regarding the Focus, yeah yun na nga sinsabi ko yung current Focus. A work of the old Ford. Its because of Alan we will have a global Focus designed in Europe (cause Ford Europe is the best in this regard), so they are leveraging all their global assets!

[andywesteast]

Market worth ng Toyota $125B versus just about $50B of Ford. Malayo pa from the point of view of the investors.

Habulin muna ng Ford ang Hyundai, Volkswagen, and GM before they can take on Toyota.

I understand your excitement over Ford, but they just got profitable very recently. They are still weak in many product segments and markets (i.e. Philippines: 3% Market share versus 40% Toyota). A lot of things need to be done.

[tidus1203]

Of course you would be excited with new growth stories. Why would you get excited with established entities without innovations? You make money with new innovators and new growth stories and not with established brands who do not innovate... That is why I like Hyundai and Ford, they are GROWTH COMPANIES...

And this is about Alan Mulally... How he turned a $17B losing company into a $1B profitable company in just 3 years... And how he refused government bailout while his local competitors did and filed for bankruptcy... That is why I admire him as a business man being one myself... We all have our idols in our field, if your a basketball player maybe you idolize Jordan. Alan is my new idol! Brilliant guy!

[jimnyeatworld]

yeah like the gas lid issue. all the competitors have to do is to re-mass manufacture that plastic nozzle, give it to an underground spin doctor organization and boom security on all Ford vehicles are compromised

[tidus1203]

Mamayang 9 P.M mayroon nito sa CNBC Asia:

http://www.cnbc.com/id/39759908/

Watched this one last night and its great!

Just watched it, really inspiring story... Their future is bright with Mulally in the steering wheel!

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TOKYO (AP) -- Ford is reducing its stake in Japanese automaker Mazda to 3.5 percent from 11 percent, giving up the position of top stakeholder it has held for 31 years.

But both Mazda Motor Corp. and Ford Motor Co. said Thursday that their partnership will continue in developing cars together and sharing technology. The stake being sold is worth about 31 billion yen ($372 million) based on Mazda's share price Thursday.

The announcement marks a critical shift in a longtime U.S.-Japan auto alliance that saved a money-losing Mazda from near-bankruptcy. When Ford invested in Mazda in 1979 it was originally heralded as a symbol of a globalizing Japanese auto industry.

Ford said it wants to expand in fast-growing emerging markets while remaining "committed to its strategic partnership with Mazda, which spans more than 30 years."

They will continue to cooperate in areas such as joint ventures and technology exchange, Ford said. The transaction will be completed Friday, it said.

Mazda President and Chief Executive Takashi Yamanouchi also said the partnership remains intact, stressing areas where both sides could still benefit.

Mazda and Ford share basic parts for autos called platforms, and have joint production plants in Asia and other regions.

http://finance.yahoo.com/news/Ford-c...&asset=&ccode=


This is all part of Alan's plan of making a leaner Ford... Concentrate on the blue oval...

[tidus1203]

SAN FRANCISCO (MarketWatch) — IPad, schmi-pad. Citigroup? Pfft. Amazon.com and Netflix? Nah. This one wasn’t even close.


Ford Motor Co. CEO Alan Mulally easily beat out Steve Jobs, Vikram Pandit, Jeff Bezos and Reed Hastings to win the 2010 MarketWatch CEO of the Year award, in a resounding acknowledgment by readers of his resilience during and after the automobile industry’s historic crisis.


So far in 2010, unit sales are up 21% at Ford, double that of the broader industry, setting Ford up to gain market share in back-to-back years for the first time since 1993. In the third quarter, Ford reported a 69% jump in earnings to achieve a fifth straight quarterly profit.



Ford’s stock has almost doubled this year to $16.80 after more than quadrupling in 2009. Meanwhile, Toyota Motor Corp., once seemingly invincible, has seen its shares drop 6% this year.



Ford to this day continues to cash in on the goodwill it earned by staving off the bankruptcies that swallowed the domestic competition in 2009. And Mulally has, in turn, become the face of what’s right in American manufacturing.


Even in 2010, when leaner versions of GM and Chrysler clawed their way back from the abyss and were poised for battle, Ford and Mulally were ready with a slew of strong new products and the tailwind of consumers’ new found devotion to the company that put, and kept, America on wheels.

http://www.marketwatch.com/story/for...win-2010-12-08


Congratulations Alan Mulally, you deserve it. The best hire Bill Ford has ever made wasn't even from the auto industry...


Side note, Steve Jobs is CEO of the decade!!!!

[tidus1203]

SOON after Alan Mulally arrived as Ford’s chief executive in September 2006 he organised a weekly meeting of his senior managers and asked them how things were going. Fine, fine, fine, came the answers from around the table. “We are forecasting a $17 billion loss and no one has any problems!” an incredulous Mr Mulally exclaimed. When he asked the same question the next week, Mark Fields, head of Ford’s operations in the Americas, raised his hand and—in what once would have been a moment of career suicide—admitted that a defective part threatened to delay the launch of an important new car. The room fell silent, until Mr Mulally began to clap his hands. “Great visibility,” the new boss added.

However, nearly all the growth in car demand is likely to be in China, India and Brazil. So Mr Mulally’s big challenge is to ensure that Ford gets a share of it. It is an item that is going to pop up quite a bit at his weekly meetings, peppered as they are with hundreds of colour-coded charts designed to reveal the true state of Ford’s business. These are the tools he likes to run a company. “The data sets you free,” says Mr Mulally with his fondness of business-speak. And because “you can’t manage secrets,” he encourages openness and teamwork. So he will be expecting a lot more honesty from his executives as they try to expand the business in those big emerging markets on which Ford’s future may ultimately depend.

Read more of this great article about probably the best business turn around this decade HERE!!!

[tidus1203]

[ame="http://www.youtube.com/watch?v=Bf20JzJt0gM"]YouTube - The New American Road: A Ford Documentary[/ame]

Great documentary... As a business person myself, its very inspiring...