Effective Strategies An effective leader has the ability to motivate and influence others. Sometimes all it takes to save an industry is a great leader to turn it around. Having a leader that uses effective team-building techniques and strategies can ultimately save an industry. Alan Mulally was the great leader that saved the Ford Motor Company. When he became CEO, the company was losing billions of dollars annually. His goal was to save the well known and loved Ford Motor Company, and with his great leadership, he did just that.
"Leadership is the capability of an individual to exercise influence and control over other members to help a group or organization achieve its goals” (George & Jones, 2012). Leadership has a big impact on an organization's success. Leaders must have the ability to develop new ideas, set goals, and develop ways to achieve those objectives. Alan Mulally was brought in as Ford Motor Company’s new CEO and the strategies he used to help the company, and employees made him a great leader.
Effective leaders are thought to have a mix of traits including intelligence, dominance, self-confidence, energy, stress tolerance, integrity, and honesty, and emotional intelligence. Along with these traits individual leaders have specific behaviors they perform (George & Jones, 2012). Alan Mulally seems to have many of the qualities that make an effective leader, such as intelligence, self-confidence, energy and integrity and honesty. He is superb at motivating his employee, keeping them well informed and knows how to get the team to work together to accomplish the organization's goals.
The arrival of Alan Mulally
When Alan Mulally came to Ford Motor Company from Boeing, Ford was in a massive financial crisis. In 2006 car sales were industry-wide strong, but for Ford Motor Company it was a $12.6 billion loss year (Ingrassia, 2010). Alan Mulally