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A Reuters article released today suggests that Ford's new CEO Alan Mulally could attract a whole group of defecting executives from Boeing Co., Mulally's previous employer. Apparently Mulally is a pretty good guy to work for, being described by Reuters as a charismatic leader with a loyal following accrued over his 37-year tenure at Boeing.
The jury is still out on whether or not Mulally's experience makes him the right man for the job, so one must also ask whether a team of Boeing ex-pats would be better capable of restoring Ford to its former glory or would only make things worse.

While everyone is saying Mulally has valuable experience in manufacturing, operations, labor and supplier relations, etc., in an interview with Bloggingstocks, Brent Wilsey of Wilsey Asset Management makes the very good point that Mulally has never faced more than one competitor: Airbus. Now Mulally will have to face the likes of General Motors, Toyota, Honda, Volkswagen, the Koreans and soon the Chinese in a market that's begin to resemble an overstocked coy pond.

Mulally's impact on Ford, whether good or bad, is at least a couple of years out, so sit back and get comfortable.

[Source: Reuters, Blogginstocks]


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    • 1 Second Ago
  • 12 Comments
      • 8 Years Ago
      Overtocked with coy or koi?

      Clever wordplay isn't, when you spell it wrong.
      • 8 Years Ago
      Boeing faces only one competitor in part because it has outgunned and outlasted the others, most notably Lockheed and MacDonnell Douglas. It is in a sense the Toyota of its industry. And Boeing has come back from its own near death experiences on the commercial side and military sides of its business as well, so these guys may know something about turnarounds that Ford clearly doesn't.
      • 8 Years Ago
      "Will the Americans sell out to the Japanese?"

      ----------------------------------------------

      Ford already makes what are essentially Japanese cars via its Mazda affiliation.
      The only reason the Fusion/Milan/Zephyr (or watever it's called this week) is a decent car is that it's mostly Mazda derived.

      I wouldn't call that a sell out--would you rather return to the days of the Pinto?
      • 8 Years Ago
      Consistency with good planning is what Ford needs most.
      In the past Ford would start out with a new strategy then scrap it before it bears any fruit.
      They then end up with a hodge podge of product.
      • 8 Years Ago
      The new CEO could have been a dead chicken and I wouldn't expect things to get worse for Ford. Ouch!
      • 8 Years Ago
      "1. Overtocked with coy or koi?

      Clever wordplay isn't, when you spell it wrong."

      -Ahh, if I had a nickel for everytime I screwed up spelling on this site...
      • 8 Years Ago
      Mulally was coy when asked on a tv financial info show today whether a partnership/merger between Ford and a certain japanese car co. was likley.My question...Is it a inevitability that once a merger is complete such a company would phase out competing american nameplates that overlap japanese nameplates in the same megacorp?Will the Americans sell out to the Japanese?
      • 8 Years Ago
      And I know Karesh mentioned car companies getting subsidies but Boeing gets the state breaks (that any company bringing lots of jobs or money get) as well as some federal niceties.
      • 8 Years Ago
      Deja Vu Whizkids!

      Till now Mullaly drove a Lexus LS. I have noticed this.

      Whether Bill gates, Larry Ellison, Steven Speilberg, Mel Gibson, And now Alan Mullaly, the most successful titans drive a Lexus.

      I will test-drive an LS 460 in October. We will see then!

      • 8 Years Ago
      When thinking about this CEO of Ford think Robert S McNamara
      • 8 Years Ago
      i think ford regained #2 status this month.
      • 8 Years Ago
      "Brent Wilsey of Wilsey Asset Management makes the very good point that Mulally has never faced more than one competitor: Airbus."

      Wow, I never thought of that.