Identify the strategy in that ford appears to be adopting

Assignment Help HR Management

Reference no: EM133648449

Assignment:

It was reported in the Wall Street Journal that Ford Motor Co. was reorganizing to place its functions such as product development, sales, and engine/transmissions under their own executives with global authority. Alexander Trotman, chairman and CEO, wanted to create a structure that would avoid costly duplication in different parts of the world and that would foster Ford's development of models such as its Mondeo (Europe) and Contour (U.S.), which could sell worldwide with few modifications. Trotman wanted a company that was strong internationally in product development, manufacturing, and purchasing and that could take advantage of Ford's geographical strengths throughout the world.

The company had been organized geographically into three relatively independent divisions -Ford North America, Ford of Europe, and Ford Asia/Pacific. The new products cited above. Mondeo and Contour, sapped S6 billion in development costs because of expensive coordination time between the sometimes-conflicting European and North American divisions. Elimination of duplication was a goal of the new structure.

Simultaneously a new "program team facility" was being constructed so that all of Ford's new product development would be by teams. The new coupe Mustang was born from an experimental cross-functional team that designed the product in less than three years compared to Ford's normal four-to-five-year development cycle. Trotman emphasized that he wanted to change the process, not just the structure, by which new products were developed. Ford apparently found the team process convincing because the Mustang was developed on a budget about 30% lower than budgets for comparable projects.

Identify the strategy in the that Ford appears to be adopting. Describe advantages and disadvantages of that strategy for Ford. Why do you think CEO Trotman moved to that strategy?

Reference no: EM133648449

Questions Cloud

Identify the areas of risk around the transportation : Identify the areas of risk around the transportation and storage of chlorine. What are the possible health outcomes from exposure to chlorine?

Contrast hr metrics with hr analytics : Contrast HR Metrics with HR Analytics. Identify five sources of data that can be used in HR Analytics.

Key activities in human resources development design : Write an essay that describing the key activities in human resources development design.

Do you see in an organization related to talent management : What challenges do you see in an organization related to talent management, employee recognition, and retention?

Identify the strategy in that ford appears to be adopting : Identify the strategy in the that Ford appears to be adopting. Describe advantages and disadvantages of that strategy for Ford.

How approaches help organisation promote productivity : Demonstrate applications of the two scientific/human relations management Approaches in contemporary businesses (2000 - 2023).

Analyze the impact of communication flow : Analyze the impact of communication flow and network on organizational culture and employee satisfaction.

Identify the key issues in sictec : Identify the key issues in Sictec? What practices and strategies could be implemented to improve the relations between management and staff, and by whom?

How culture influences negotiation outcomes : Culture influences negotiation outcomes. Please describe your understanding of this statement and try to explain how culture influences negotiation outcomes.

User Account

All Pages