Preview

Rich Teerlink - Harley Davidson

Good Essays
Open Document
Open Document
844 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Rich Teerlink - Harley Davidson
CLLC: Rich Teerlink
Rich Teerlink is the former CEO of Harley-Davidson spoke on People Driven Execution, based on his new book, More than a Motorcycle: The Leadership Journey at Harley-Davidson (with Lee Ozley).
If you ever get the chance to hear Teerlink speak, go do it, even if you aren't particularly interested in motorcycles. He has an off-beat style, and he tells a great story about how Harley-Davidson went from being a laughingstock in the early 1980's to the high performing "lifestyle company" that it is today.
He credits most of this turnaround with how Harley-Davidson treated its employees and its customers. In his talk he made reference to a graph (never displayed) that suggests employee moral (or involvement) and customer satisfaction have a direct impact on the bottom line of the company. In his talk he said something to the effect of "If you have happy employees and happy customers, profitability will take care of itself." He told the story of how Harley-Davidson went about making happy employees and happy customer, peppered with wonderful stories and examples.
With respect to happy employees, he talked about the familiar idea that simply giving people (the right) information changes their behavior.
Teerlink reflected a comment that one of the blogs in business panelists made: Make your employees passionate about what they are doing. Passionate people want to be there. They will take risks because they recognize there is always room for improvement. At the panel a few weeks ago, someone talked about giving blogs to passionate people within your organization and amazing things would happen.
He talked about that "our people are the most important asset" mantra of many business leaders. Teerlink's complaint with this is that he doesn't believe most business leaders really believe this. "When was the last time you went surfing with an employee?" he asks. Yes, people are the only sustainable competitive advantage of any business. And until they

You May Also Find These Documents Helpful

  • Best Essays

    Harley Davidson’s net profit in 2010 was 146.55 million versus a net loss of 55.12 million in 2009 (Global Data, 2011). There are three key elements in which the company has to improve to continue making profit. First, resolve the Unfunded Employee Post-retirement Benefit plan to keep employees producing a good product and maintain a top level company/employee relationship. Secondly, intense competition in the motorcycle market has to be addressed if Harley Davidson plans to increase sales and profit, finally, competition is strong and the brand name alone will not increase its profitability. Strategic Global Branding is the main key to Harley Davidson’s continued rise, and without it the company will stagnate and be reduced to a minor player in the motorcycle industry.…

    • 1605 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Harley-Davidson, Inc. (Harley-Davidson) is one of the leading manufacturers of heavyweight motorcycles in the world. Harley-Davidson is the parent company of the group of companies including Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The company offers more than 30 models of touring and custom Harleys through a worldwide network of more than 1,600…

    • 1002 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Due to the longevity of Harley Davidson’s existence they are faced with numerous challenges. Over the years it have become quite difficult for Harley Davidson to maintain their position of high profitability within the United States. The company that once marketed their motorcycles to higher end leisure riders which included a vast majority of baby boomers are now seeking ways to expand their offerings (Hitt, Ireland & Hoskisson, 2015). Problems continues to…

    • 866 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Culture and High Rebates

    • 346 Words
    • 2 Pages

    Mr. Marchionne strong armed his way into Chrysler by ensuring that he paid nothing to take on the job as CEO (Muller 2013). Once in office, he saw that vehicle quality was subpar and margins on vehicles were less than profitable (Kreitner & Kinicki, 2013 p. 86). These espoused values needed to change, and Marchionne set out to do just that. He…

    • 346 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    I would like to follow step wise strategy in which I would complete one work and then go for another one. At first I would like to create a face book page with a brand new logo and good innovative thought and then I would suggest all the employees to join in it and make it a popular group among their known community of people. If we can spend money wisely and do good marketing for it this strategy will surely work out as we know the power of social networking sites and after this strategy I would like to involve all the staff members to actively participate in a discussion over the blog as an unknown user and comment on it positively. We know that blogs can some time create a big issue and sometimes it can just die out if there is no truth or support in it. The people do get carried away with the comments and if they feel most of the comments are positive then automatically the blog just fades away. I have an example suppose you want to buy a product from Amazon, there are two main things the consumer would like to…

    • 432 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Questions on Harley-Davidson

    • 161568 Words
    • 545 Pages

    What were the major ingredients of the Harley-Davidson’s transformation process? What elements seemed to you to be the most important? What three or four lessons summarize the experience of Harley Davidson?…

    • 161568 Words
    • 545 Pages
    Satisfactory Essays
  • Good Essays

    Harley davidson

    • 3827 Words
    • 16 Pages

    Harley-Davidson had ever employed a chief marketing officer. Yet why did such a strong brand…

    • 3827 Words
    • 16 Pages
    Good Essays
  • Good Essays

    Harley-Davidson, Inc. (NYSE:HOG) was founded in 1903. The home base was originally founded in and even today remains in Milwaukee Wisconsin. Harley-Davidson’s popularity grew significantly during World War I, when the U.S. infantry used 20,000 of the company’s motorcycles in its war effort (Taylor, 2010). Best recognized for its manufacturing of heavyweight motorcycles, Harley-Davidson has captured half the U.S. market and a third of the global market (Wikinvest, 2010). Harley-Davidson motorcycles are noted for their classic lines, custom paint jobs, dependability, fine craftsmanship and the Harley-Davidson signature choppy sounding engine. Most importantly, it has been Harley-Davidson’s ever committed and loyal customers that have made the company one of America’s most successful manufacturers.…

    • 782 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Asleep at the Wheel

    • 643 Words
    • 3 Pages

    “We are in the middle of transforming one of the biggest companies in the world. You aren’t going to do that by pleasing everybody, by having some kind of consensus. We know we are going to upset some people. Maybe they shouldn’t be a part of Ford Motor Co.”…

    • 643 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Sheryl Sandberg Analysis

    • 2792 Words
    • 12 Pages

    He realized that customers only cared about the service they received, and nothing else. He turned the company into a customer-oriented organization, putting customer satisfaction at the center of the company’s priorities. To measure customer’s impressions on a company, he created a business concept called “Moments of Truth”, which are instances where employees come into contact with a customer, and that interaction, no matter how small, influences the customer’s opinion of the company. Employees were given more autonomy to make decisions that would help the customer “on the spot”. The company’s structure was decentralized to make of each employee a leader in their area of service, no matter how narrow it was. The result: in two years, the company was rated the best in Europe, and no longer had a deficit (Carlzon 1987, p.130).…

    • 2792 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Harley Davidson

    • 6990 Words
    • 28 Pages

    Harley Davidson is one of the largest manufacturers in the United States. It has become a major leader in the Industry for creating the heavyweight motorcycle that has been designed for “cruising on the highway.” (http://en.wikipedia.org). In this paper we will discuss how the heavyweight motorcycle market has become an important asset to the industry. We will include the major strategies that have been established and the breakdown of the manufacturing process in the industry. We will be examining the Industry’s prospects and expectations for the present and future based on the motorcycle market.…

    • 6990 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    Harley-Davidson is an American motorcycle manufacturer founded in Milwaukee, Wisconsin, in 1903 when Bill Harley and Arthur Walter Davidson developed a one-cylinder motorcycle. In 1905 they made and sold11 motorcycles; in 1908 they sold 154, and a company was born in a little wooden barn that was built by Davidson 's father. Harley-Davidson, Inc. produces and sells heavyweight motorcycles, as well as motorcycle parts and accessories. It operates in two segments, Motorcycles and Related Products, and Financial Services. The Motorcycles and Related Products segment deals in the design, manufacture, and sale of heavyweight touring, custom, and performance motorcycles mostly in North America, Europe, the Middle East, Africa, Asia, and Latin America. It also produces a line of motorcycle parts and accessories, including replacement parts and decorative accessories. It also offers general merchandise, such as apparel and related services. The Financial Services segment provides wholesale and retail financing, and insurance and insurance-related programs to the company’s dealers and…

    • 8158 Words
    • 33 Pages
    Powerful Essays
  • Satisfactory Essays

    Jeff Bezos

    • 414 Words
    • 2 Pages

    Jeff Benoz, as a business leader he knows how to set his priorities right and is sure of himself when it comes to decision making. He has a set of guide lines that he follows for strategy making. The absolute main focus is the extreme concern for customers. This has worked perfectly for them. When there is a new risk, Jeff Benoz only takes being fully aware and capable of accepting a possible failure. He relies on his own intuition over other people’s advice and criticism.…

    • 414 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    fdfd

    • 294 Words
    • 2 Pages

    This tip tells managers a way to motivate employees, rather than punishing them. Employees will be motivated by the benefits provided by the company, and in exchange they will work even harder to get more and more rewards.…

    • 294 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Blogs: Used by 39% of businesses, blogs grow more and more internally. They are a very effective tool and create a sort of Brand Content around the brand. Collaborators for other…

    • 971 Words
    • 4 Pages
    Good Essays