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Wake me when he gets to a pie chart.
Those quotes sound like Ford’s Peace Ship plan of 1915. Not that I know for sure, but it embodies the ignorant ideology of financing a cruise ship to sail to Europe to try to stop WWI.
Then again, maybe that’s the best way wrap up the sheer lunacy of the automobile industry’s current predicament.
Quotes aside … this guy sure is smooth.
Wake me when he gets to a pie chart.
Wake me when the Taurus SHO is confirmed.
The quotes aren’t a surprise if you know this guy’s history with Boeing. When designing the 777 Mulally coined the phrase “Working Together”, so even in a different industry he’s thinking the same way.
Hey Alan…I have a question.
Why don’t you borrow the TARP money to the tune of $5 Billion….then develop five world-class vehicles that the market needs here, Europe, Asia and the rest of the world as well. Suddenly maybe you’d have five world-beaters on your hands? You may never again get Uncle Sugar to be so generous to you…you may never ever again have such a cheap opportunity to acquire working capital.
You say you don’t need the money and maybe that’s true-maybe you will make it just fine on your own and that’s fine, but why not excel, why just survive when you can thrive?!?!? From my experience you can develop a clean-sheet-of-paper vehicle for about $1 Billion. Why not do it? Why not create 4 or 5 new vehicles that are in no way constrained by today’s parts bins?
Okay B&B….what five vehicles could Ford use within the next 3-5 years to make them a much better car company? I look forward to your replies…please describe your proposal as accurately as you feel is needed.
This is standard smooth corporate presentation stuff, executed pretty well. If you don’t like corporate-speak, fine, but you can’t pin the blame just on Mulally. I used to work for Walt Disney and believe me, this is far from the worst of what’s out there.
You say you don’t need the money and maybe that’s true-maybe you will make it just fine on your own and that’s fine, but why not excel, why just survive when you can thrive?!?!?
So far Ford is getting a lot of positive PR from not taking federal money, and probably will save itself from a lot of misguided government meddling in its product plans. Also, remember that the TARP money is (supposed to be) a loan that needs to be repaid. Ford still has some $15 billion of credit on tap that it is using on product development, albeit along with all the other costs that contribute to the company’s ferocious cash burn. Do you really believe that another $5 billion in credit would transform Ford’s engineering and product development capabilities?
Put another way–do you really believe that the federal money going into GM and Chrysler will appear in the form of revolutionary new products that are unconstrained by parts-bin engineering? Nice thought but I’m putting my bets elsewhere.
“we have a laser focus on Ford… and Lincoln…. and, uh, what’s that other one? Oh yeah, Murcurio, no, Murcurial, something like that.”
ferrarimanf355 says:
Wake me when the Taurus SHO is confirmed.
I thought they were going to call it the SHO CLI-Taurus…
If you’re the goddamned CEO hire a tailor to make you a fitted black suit. He looks like a bum with his overflowing khakhi slacks and navy jacket. What are those, wizard sleeves?!
DeanMTL :
January 27th, 2009 at 7:13 am
If you’re the goddamned CEO hire a tailor to make you a fitted black suit. He looks like a bum with his overflowing khakhi slacks and navy jacket. What are those, wizard sleeves?!
But then someone would be bitching about how much he spent on his suit! Well Steve Jobs has it made… just wear jeans and a black turtleneck. I’d be cool with that.
Anyway… I am pleased myself that Ford isn’t taking the TARP money. Who would honestly want politicians that many have never had to run a for profit business telling you what to do since you took their cash?
Oh, and about his story, why is it that some manufactures are still not automatically including floor mats? Why? So that they can throw them in during negotiations making you think you got a deal? LOL
Am I the only one that had “Find a Toyota Dealer near you!” come up as the Google Ad at the bottom of the video?
Struck me as funny on a couple of levels…
It’s hard to tell due to the sound quality, but I think the song they play to herald his march on stage is Alana Davis’ “Crazy” with chorus that includes:
I’m not completely insane.
I’m maybe just a little bit crazy.
There’s no one to blame,
Got no shame ’bout my game,
Don’t want nobody to save me.
Ironic, dontcha think
Nice presentation.
Great Leadership!
I for one,hope Ford can pull it off.