Ford Motor. Student’s name. Institution Affiliation(s).

Ford Motor
Student’s name
Institution Affiliation(s)

Table of Contents
Introduction......................................................................................................................................2
Change in products and projects......................................................................................................2
Project Managers/Teams.................................................................................................................4
Leadership........................................................................................................................................5
Teambuilding...................................................................................................................................6
Team Motivation.............................................................................................................................6
Communication................................................................................................................................7
Role conflicts within groups........................................................................................................7
Communication problems among group members......................................................................7
Lack of cohesiveness in groups with diverse members...............................................................8
Excessive intergroup conflict.......................................................................................................9
Recommendations..........................................................................................................................10
Conclusions....................................................................................................................................12
References......................................................................................................................................14
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Introduction
Ford Motor Company is an automobile producer, founded by Henry Ford in 1903 and has
a multinational presence. The automotive operations at Ford involve designing, developing,
manufacturing, sales, and servicing of cars, trucks and other automotive parts. Ford Motor Co
revolutionized its operations and business by making ‘quality’ its main focus and adopted Total
Quality Management approach to improve quality as well as reduce costs and wastage. The
company has its presence all over the world, with its main manufacturing units based in many
parts of the US, some parts of Europe and the Asia Pacific.
The mission of the company is to work as a team and develop as a world leading
company in automotive and other related products and service. To speed the development of
customer values and needs, to work together successfully as a team, provide effective financial
services and improvement of the balance sheet
The success of Ford Motor Company lies on its core competence. Some of the cores
competencies pointed out by the CEO of Ford Motor Company are technology, safety standards,
fuel efficiency, and quality product. The company focuses on the above core competencies to
develop great products. Additionally, they hope to meet environmental sustainability by looking
for different fuel sources such as electric and hydrogen
Change in products and projects
Finance is often referred to as the ‘lifeblood’ of business. Financial aspects of business
include its income, expenditure, funding and capital structure. Small and private sector
businesses are known to have simpler structures than their public counterparts. Public companies
collect the required capital from various sources. Generally, two types of capital are available,
i.e. owned capital and loaned capital. For public sector companies, the capital structure includes
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various types of capital like equity, debt, preference, long term, and short term loans, etc. Capital
structure decisions are significant as they determine the company’s profitability and financial
flexibility. Therefore, while forming capital structure plans, the financial decision-maker must
consider the nature of the business, external & internal conditions, economic conditions and the
future plan of a company.
The management of the company has efficiently managed the financial risks. One of the
primary responsibilities of financial management is to avoid financial risk by implementing
effective financial policies. Ford Motor Company is always investing in new projects to ensure
product development. In order to improve its balance sheet, the management is trying to
increases the profitability and decreases the leverage of the company. In 2010, it restructured its
balance sheet by adjusting its equity and debt capital to ensure profitability and sustainability.
It has captured significant market shares in most of the global automobile industry. It has its
manufacturing units in many countries, and together they have formed a mission which states
‘One Ford.’ Global Ford concentrates in developing one team, one plan, and one goal. The
company strives to provide profitable growth to its stakeholders and society. The ‘one plan’ of
Ford focuses on new product development, finance, and teamwork. The company has also
realized its corporate social responsibility, and it has taken necessary steps for the safety of
people and society. With the help of research & development, it is now trying to produce more
eco-friendly and safety cars. To reduce the negative effects of global warming, its operating
processes take into account important issues like water, energy and human right.
Ford did not attempt to apply their established business standards & procedures in the
western markets to the newly established Asian markets and also try to customize engineering
aspects as per local demands keeping the quality at optimum levels. Customers are given
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