Alan Mulally’s upcoming retirement as CEO of Ford Motor Company is big news these days. All organizations, not just those in the automotive sector, should take note. Mulally’s leadership in turning around Ford highlights a key Level 5 Leader practice he, and the executive leaders, used to take Ford to the top of the industry.
A tight weekly executive team meeting (Mulally’s BPR – Business Process Review) was implemented to drive both business plan execution and building a strong leadership team. Candor, along with accountability around data, virtually non-existent in past Ford culture, have paved the way for consistent business performance.
“Running a business is a design job. You need a point of view about the future, a really good plan to deliver that future, and then relentless implementation.” Alan Mulally
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Tags: In 100 Words, Leadership, management, strategy execution, Troy Schrock
