For Ford Strategic Case Analysis in which you perform an ext

For Ford,\": Strategic Case Analysis in which you perform an external environmental analysis, an internal analysis, an analysis of the company’s business and corporate strategies, and analysis of the company’s current performance.\" Questions to cover/consider: 1. What roles do Ford\'s strategic leaders play 2. What are Ford\'s visions, missions, and values. 3. What are Ford\'s process for creating strategy and how does the strategy come about. 4. External Analysis: What affects do the forces in the external environment have ob Ford\'s potential to gain and sustain a competitive advantage. 5. Internal analysis: What affects do internal resources, capabilities, and core competencies have on the firm\'s potential to gain and sustain a competitive advantage.

Solution

Answer-1

Mulally was selected for the top position at Ford from anexternal managerial labormarket.Although the internal labor market offers relevant company and industryexperience and fosters a low turnover rate, bringing in a well-known outsider (sometimesconsidered a “white knight”) to handle achanging competitive landscape is a validalternative for an underperforming company.Despite the preference for insiders to filltop-level management positions, long tenure with the company may reduce strategicleaders’ level of commitment to push innovation throughout the firm.

Immediate importance of innovation to Ford\'s success, this hesitation would beunacceptable.When the top management team is homogeneous (or filled with members that havesimilar functional experiences and educational backgrounds) and a new CEO is selectedfrom inside the firm, the firm’s current strategy is unlikely to change.In Ford\'s case, notonly is a new CEO from outside of the company needed, but so is a more heterogeneoustop management team.This combination will increase the probability that Ford\'s strategywill change and innovation will be sparked in response to competitive and environmentalpressures.Strategic leadershipis the ability to anticipate, envision, maintain flexibility, andempower others to create strategic change as necessary.Multifunctional in nature,strategic leadership involves managing through others, managing an entire enterpriserather than a functional subunit, and coping with change that continues to increase in theglobal economy.Because of the global economy’s complexity, strategic leaders mustlearn how to effectively influence human behavior, often in uncertain environments.Byword or by personal example, and through their ability to envision the future, effectivestrategic leaders meaningfully influence the behaviors, thoughts, and feelings of thosewith whom they work.Transformational leadership is the most effective style of strategic leadership.It entailsmotivating followers to exceed the expectations others have of them, to continuouslyenrich their capabilities, and to place the interests of the organization above their own.Mulally will need to be a transformational leader to develop and communicate a vision.

Answer-2 Mission statement of ford is: People working together as a lean, global enterprise for automotive leadership, as measured by: Customer, Employee, Dealer, Investor, Supplier, Union/Council, and Community Satisfaction.

Answer-3 The process of ford is:

1. Define where you are

2. identify what is important.

3. define what you can achieve.

4. determine who is accountable

5. review.

Answer-4

1. Forces of external environment can decrease the innovativeness of Ford in making its products available to the customers.

2. It may also affects its negotiating power with its suppliers.

3. It can also change the structure of the company with respect to its distribution and logistics.

Answer-5 internal resources, capabilities, and core competencies enhances the inoovativeness of the firm and then give the company an edge over the competitors.