Henry Ford was the most courageous, innovative, American man who wanted to excel in the automotive industry, and promote a stable economy in the United States in the 20th century. Henry had founded and established the Ford Motor Company with an open mind, and with successful business skills under his belt. Henry Ford had executed his success by expanding the Ford Motor Company globally, providing jobs for hundreds of thousands of Americans, and being loyal and fair to his employees. Most people mistake Henry Ford as the man who invented the automobile. Henry Ford did in fact, not invent the automobile.
But he stuck to his goal and finally in 1908, began production of the Model T. Ford gradually adapted the production line until in 1913, his plant incorporated the first moving assembly line. Demand for the affordable car soared even as production went up: before Ford stopped making the model T in 1927, 15 million had been sold, and Ford had become the leading auto manufacturer in the country. In addition to the moving assembly line, Ford revolutionized the auto industry by increasing the pay and decreasing the hours of his employees, ensuring he could get enough and the best workers. During the Model T era, Ford bought out his shareholders so he had complete financial control of the now vast corporation. He continued to innovate, but competitors (growing more powerful though fewer in number) began to cut into Ford's market share.Ford became interested in politics and as a successful and powerful business leader, was sometimes a participant in political affairs.
This is what caused their financial troubles and helped Ford move into the market. He understood that in order to make his company a success he would have to make his automobile one that could be afforded by the masses. While the other producers of autos were more concerned with who had the bigger, better, and faster car, Ford had a different focus. His philosophy was: “I will build a motor car for the great multitude…it will be so low in price that no man…will be unable to own one.” It was for the next five years, a young Henry Ford d... ... middle of paper ... ... by the Chrysler Corp. The minivan market is still growing because of the capacity that it offers, its affordability, and efficiency.
It wasn’t as revolutionary as the Model T. But, the Model A was a great up to date car. Which made the “Ford Motor Company” come back into the marketplace. The Model A was a great invention made by Henry Ford and his son, Edsel Ford. Henry Ford wanted to make his son Edsel more assertive and tougher by disagreeing with him at every turn to make him fight back because she knew that Edsel was one day going to take over the corporation. The way their partnership worked was by Henry focusing on the mechanical details about the car.
Let’s see what the article describes about how Jack influences his team to achieve this goal: “Growing a company that was valued by the market at $13 billion when he took it over in 1981 to a behemoth worth more than $400 billion when he retired last year is what is called wealth creation – big time.” Without Jack, GE couldn’t have today’s accomplishment. What makes Jack be a leader? • Personality According to the “trait theories of leadership” in the textbook, six traits have been identified as being consistently associated with leadership: 1) ambition and energy; 2) the desire to lead; 3) honesty and integrity; 4) self-confidence; ... ... middle of paper ... ...world has become extremely fast and full of change. If the leader can’t adapt to changing conditions, it is very possible for his firm to be kicked out of the game. How can the firm change, though?
Surely there would still be technology, but not as vast if it had not been for Gates. This is true because Bill Gates is not only one of the richest men in the world, but also the most successful businessman in the world. The Microsoft Company is also one of the fastest growing companies in the world. Nearly every aspect of out daily lives revolves around computers and their technologies, without them we would be stuck in a country that has not seen change. Without Gates and his influence on computer technology, I may not have been able to type my report up, print it out, and save it for years to come.
If the company succeeds at doing that in the years ahead, it won't be evidence that Steve Jobs turned out to be replaceable. Instead, it'll be proof that he taught the company which so many fans and detractors believed was a one-man show to go on being Apple without his intensive involvement. That would be Jobs' final and finest one more thing — and right now, the odds seem decent that he'll pull it off.
Henry Ford George Mancini Social Studies Henry Ford Henry Ford was one of the most famous people in the world. He revolutionized assembly line modes for the automobile, which revolutionized the auto industry for America. He invented the Ford model T car, in 1908, which was his first car he invented. Because of this reason, Ford sold and continues to sell millions of automobiles and became head of a world renowned and innovative auto company. His company didn't really dominate the foreign market, but it made a huge impact in technology and the development of the U.S infrastructure.
Henry got the assembly line running as he thought it would. In return to having that running properly Ford was able to drop the prices of the Model T and also able to produce more at a time to maximize his profits. Henry’s company was also the greatest because of the way he treated his workers. Henry had raised the pay that he gave his workers. Also, he treated them with respect and helped them with what they needed help with like health insurance.
Though the company hopes to increase productivity and profit by the downsize, their will be tremendous effects on those who are forced to leave their careers, and also those who are lucky enough to stay with the company. On June 16, 1903, an intelligent man named Henry Ford and 11 associates opened the Ford Motor Company with $28,000 in cash, like most companies Ford started out modest, but soon rose to be the most successful manufacturer in the country. One thing that separated Ford from all other manufacturers was the assembly line. The assembly line allowed Ford to produce cars faster and more efficiently that many other companies. By the time the 50’s had reached, Ford had adapted to fulfilling its customers needs, and had increased the number of stockholders to 350,000.