Ford Motor Company 2005-2009

EXECUTIVE SUMMARY crossroad Motor Corporation (FOMOCO) in the term span between 2005 to mid-2006 reversed course and profitability almost 180*. From a profit generating sales in 2005, to most $13.2 billion in losses in 2006 (FOMOCO, 2008, 2007 Annual report), cut across lost its #2 position in market allot and slipped to #4 within less than one year. Unfortunately for chief operating officer Alan Mulally, the events that precipitated this near collapse were set in motion preceding to his arrival finished the decisions made by former CEOs Jacques Nassar and commit intersection. But despite the efforts of his predecessors, Mr. Mulally has been given the responsibility to turn Ford around and create a global multi-national corporation that is self-sustaining and viable. In instal to accomplish this considerable accomplishment, significant changes mustiness be made to the very core of FOMOCO. Only through the use of cost reductions, returning to the core businesses units that Ford was previously profitable, and changing the corporate mentality and values of Ford, can Ford weather the storm that is forecasted to only get worse. a.Divest the knowledge base Rover, Jaguar, and Aston Martin Divisions from Ford. b.Offer for sale the controlling 33.4% controlling interest in Mazda. c.

Reduce negative cash flows through restructuring, re-negotiation of contracts, early retirements, controlling retirement and health costs and the closing of facilities are the minimum efforts required to reduce negative cash flow. d.Immediate deputy of department heads and executives that are not fully supporting the brand-new strategies and direction of the Ford Motor Company. e.Ford must feel market share or prevent the erosion of current market share. f.Creation of long term joint ventures with our major suppliers. g.Excess capacity drains capital and expends resources. Table of Contents Page gateway………………………………………………………5 Analysis………………………………………………………….... If you want to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!