Congratulations, Alan Mulally, on your induction into the Automotive Hall of Fame. pic.twitter.com/Xj8EmAFrGj
— Ford Motor Company (@Ford) July 22, 2016
The former CEO of Ford Motor Co., Alan Mulally, will be inducted next month into the Automotive Hall of Fame. He made sweeping changes at Ford that included re-introducing famous nameplates such as the Taurus and overhauling the company’s divisive and inclusive culture. He famously mortgaged everything, including the Blue Oval logo to pay for an improvement of Ford's product portfolio and avoid a government bailout as bankruptcy approached.
“While Alan’s list of accomplishments is extensive, I think his greatest achievement was the culture shift he brought to Ford,” Ford said in a statement. “Alan’s genuine interest in people really transcended everything we did and largely was the reason everyone rallied behind him because they could see he was an authentic leader that cared about people and the business. The level of working together that Alan instilled in our company is what propelled us forward and what continues to enable us to act quickly with greater transparency than ever before.”
It just goes to show culture is an important aspect of any business. The combination of Mulally’s comprehensive strategy and implementation of the One Ford plan successfully guided the company through the U.S. financial crisis.
Congratulations!