The Billion Dollar Lessons Learnt By Ford Motor Company That You Must Do On Your Project - PM 360 Consulting
17168
post-template-default,single,single-post,postid-17168,single-format-standard,wp-custom-logo,theme-bridge,woocommerce-no-js,ajax_fade,page_not_loaded,,qode-content-sidebar-responsive,columns-4,qode-theme-ver-11.0,qode-theme-bridge,wpb-js-composer js-comp-ver-5.1.1,vc_responsive

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

Alan Mulally’s Billion Dollar Lessons

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

Alan Mulally’s Billion Dollar Lessons

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. Source: https://www.entrepreneur.com/article/242302

 

He spent almost 40 years at Boeing first as a lead designer and then as the general manager for the 777. The 777 plane is a very intricate machine with over 3 million parts and a global supply chain. The 777 has been the subject of documentaries, articles and case studies. While the 777 project was very impressive it was not Mulally`s greatest achievement. It was when he saved Ford, the world’s largest car manufacturer from bankruptcy.

Mulally is a leader with a method that works, especially when applied to big projects. Whether it is building a new generation of airliners, or transforming a large company. His approach begins with understanding the problem and how it came about. Then the goal is to determine what to do about it. Source: https://www.kornferry.com/institute/alan-mulally-man-who-saved-ford

Mulally created the “One Approach”. The “One Ford” approach also inspired Steve Ballmer to launch the “One Microsoft” plan.

In this article, 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.

Summary

There are many more secrets to Alan Mulally`s success at Ford. These are 5 essential things that you must apply to you project:

1. “You have a problem; you are not the problem.”

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.

2. 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.

3. Make things simple

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.

4. 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.

5. Review the model of doing business

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.

 

Article: http://projectnewstoday.com/alan-mulallys-billion-dollar-project-management-lessons/

261,165 Comments
  • bathroom vanity unit without sink
    Posted at 13:39h, 27 May Reply

    Hello, this weekend is nice in support of me,
    for the reason that this time i am reading this fantastic educational paragraph here at my house.

    Also visit my webpage; bathroom vanity unit without sink

  • Lucy Mercado
    Posted at 13:49h, 27 May Reply

    Some really interesting points you have written.Helped me a lot, just what I was searching
    for :D.

    Also visit my website carpet cleaning ottawa

  • Xiamen granite quarry
    Posted at 13:51h, 27 May Reply

    Vеry shortly this web page will be famous amid all blog users, due
    to it’s fastidious articles or reviews

    Feeⅼ freе to surf to my ᴡeb-sitе Xiamen granite quarry

  • item445491695
    Posted at 13:55h, 27 May Reply

    Hi, I do think this is an excellent site. I stumbledupon it ;
    ) I’m going to revisit once again since I bookmarked it.
    Money and freedom is the greatest way to change,
    may you be rich and continue to guide other people.

    Here is my web-site; item445491695

  • Marta Lightfoot
    Posted at 14:01h, 27 May Reply

    Some genuinely interesting points you have written.Aided me a
    lot, just what I was searching for :D.

    my blog: cleaning service benefits

  • richlandkimoanh
    Posted at 14:12h, 27 May Reply

    I’m not that much of a internet reader to be honest but your blogs really
    nice, keep it up! I’ll go ahead and bookmark your website to come back down the road.
    Many thanks

  • Source
    Posted at 14:14h, 27 May Reply

    It’s the best time to make some plans for the future
    and it’s time to be happy. I’ve read this post and if I
    could I desire to suggest you few interesting things or tips.
    Maybe you can write next articles referring to this article.
    I want to read even more things about it!

  • Alexis
    Posted at 14:31h, 27 May Reply

    I love it whenever people get together and share ideas.

    Great site, stick with it! http://www.aia.community/wiki/en/index.php?title=Sunshine_Coast_Flooring_Interiors_Supplier

  • item445519723
    Posted at 14:37h, 27 May Reply

    I really like your writing style, great info, appreciate it for
    putting up :D.

    Feel free to visit my web site … item445519723

  • kedai303
    Posted at 14:43h, 27 May Reply

    Hi everyone, it’s my first pay a visit at this website, and paragraph
    is really fruitful in support of me, keep up posting such articles or reviews.

  • Super Burn Keto
    Posted at 14:43h, 27 May Reply

    You can certainly see your skills within the paintings you
    write. The world hopes for even more passionate writers like you who
    are not afraid to mention how they believe. Always follow your heart.

  • Franklyn Decker
    Posted at 14:57h, 27 May Reply

    Do you have any video of that? I’d care to find out some additional information.

    my blog post – item445500405

  • http://rxnopain.com/__media__/js/netsoltrademark.php?d=images.google.cfurlqhttpscheck.vhearts.net
    Posted at 15:20h, 27 May Reply

    I have learn a few just right stuff here. Certainly
    worth bookmarking for revisiting. I wonder how so much effort
    you set to create one of these excellent informative web site.

  • cheshire cleaners
    Posted at 15:21h, 27 May Reply

    I really like your writing style, good information, appreciate it for posting :D.

    Here is my site cheshire cleaners

  • cleaning company
    Posted at 15:23h, 27 May Reply

    Way cool! Some very valid points! I appreciate you writing this post and
    the rest of the site is also really good.

    Also visit my homepage – cleaning company

1 5,222 5,223 5,224

Post A Comment