Alan Mullaly’s Values-Based Leadership at the Ford Motor Company
In his article for Quartz, Harry credits Alan Mullaly’s leadership for turning the Ford Motor Company around:
When Mulally took over as Ford’s CEO in September 2006, the company was clearly broken: Its stock price had fallen precipitously (the low was $1.01 a share in 2008), its debt was at “junk” status, and 2006 would go down as the worst year in its history with a $12.7 billion loss. It was widely expected that Ford would eventually file for bankruptcy. However, by the time Mullaly retired on July 1, 2014, Ford had achieved a turnaround, becoming a “history-making revitalization.”
Read the full article here.