Ford Motor Company Ford Motor Company is an American automobile maker from Dearborn, Michigan, a suburb of Detroit. Henry Ford founded the company in June 1903. Ford is largely known for introducing the large-scale manufacturing of cars, mainly through the use of assembly lines. Their first car was the Ford Model A (Ford Motor Company). Ford´s Model T was probably their most important car, even up to this date. It was a simple, affordable and durable automobile. The car was launched in 1908 and production was closed in 1927. By then Ford had sold 15 million Ford Model T (Ford Motor Company). Ford suffered during the financial crisis in 2007-2008, it was even close to bankruptcy. Ford is today the number 41 on Forbes list of most valuable
…show more content…
Their main features of Ford Motor Company´s organizational structure is:
1. Corporate hierarchy
2. Regional geographic divisions
3. Global functional groups
Corporate hierarchy has been a tradition is Ford´s since the beginning. An example is their Executive Vice President reports to the CEO Mark Fields. Then again the middle managers report to these executives VPs. This is typical traditional business management approach, which helps aim for top-down control. Regional geographic divisions play a large role in Ford´s organizational structure. Global companies usually divide their operations into several regions per continent (Panmore Institution). Ford on the other hand has structured theirs in three regional that covers the market around the world. Their main regional geographic divisions are: (a) The Americas, (b) Europe, Middle East and Africa, (c) Asia Pacific. There is an executive VP head in each division. Global Functional Groups each represent a specific business function in Ford´s organizational structure. A vice president heads each of these groups. There are 11 main functional groups:
1. Global Manufacturing and Labor …show more content…
It is primarily sold in North America and the Middle East. Lincoln was introduced to the Chinese market in 2014. Henry M. Leland founded the company in 1917, and it has been a subsidiary of Ford since 1922. Lincoln offers 6 different models, mostly big luxurious SUVS and limousines.
There are 3,286 Ford dealerships in the U.S. (Automotive News), the dealerships are shown in figure 4.
Globally Ford has over 7,500 dealerships globally. The company is now taking their dealership-training program worldwide. This is mainly to improve customer service and build loyalty to the customer. The program is known as “Consumer Experience Movement,” and it as been running in the U.S. since late 2010 (Automotive News). The results from the dealership that has been a part of this program, their results have been positive. USA TODAY made a list of the most sold cars in America in 2014. There are 5 Ford models on the top 20 list. For the 33rd year Ford´s F-series took the first place, outselling other cars and trucks. It sold nearly 754,000 F-series in 2014. Which was a 1.3% decrease from 2013 (USA TODAY). Other Ford models on the list where Ford Fusion, Ford Escape, Ford Focus and Ford Explorer, shown in figure
Their main features of Ford Motor Company´s organizational structure is:
1. Corporate hierarchy
2. Regional geographic divisions
3. Global functional groups
Corporate hierarchy has been a tradition is Ford´s since the beginning. An example is their Executive Vice President reports to the CEO Mark Fields. Then again the middle managers report to these executives VPs. This is typical traditional business management approach, which helps aim for top-down control. Regional geographic divisions play a large role in Ford´s organizational structure. Global companies usually divide their operations into several regions per continent (Panmore Institution). Ford on the other hand has structured theirs in three regional that covers the market around the world. Their main regional geographic divisions are: (a) The Americas, (b) Europe, Middle East and Africa, (c) Asia Pacific. There is an executive VP head in each division. Global Functional Groups each represent a specific business function in Ford´s organizational structure. A vice president heads each of these groups. There are 11 main functional groups:
1. Global Manufacturing and Labor …show more content…
It is primarily sold in North America and the Middle East. Lincoln was introduced to the Chinese market in 2014. Henry M. Leland founded the company in 1917, and it has been a subsidiary of Ford since 1922. Lincoln offers 6 different models, mostly big luxurious SUVS and limousines.
There are 3,286 Ford dealerships in the U.S. (Automotive News), the dealerships are shown in figure 4.
Globally Ford has over 7,500 dealerships globally. The company is now taking their dealership-training program worldwide. This is mainly to improve customer service and build loyalty to the customer. The program is known as “Consumer Experience Movement,” and it as been running in the U.S. since late 2010 (Automotive News). The results from the dealership that has been a part of this program, their results have been positive. USA TODAY made a list of the most sold cars in America in 2014. There are 5 Ford models on the top 20 list. For the 33rd year Ford´s F-series took the first place, outselling other cars and trucks. It sold nearly 754,000 F-series in 2014. Which was a 1.3% decrease from 2013 (USA TODAY). Other Ford models on the list where Ford Fusion, Ford Escape, Ford Focus and Ford Explorer, shown in figure