Wednesday, May 6, 2020

Ford Motors The Mastermind Behind The Ford Empire

Ford Motor Company Vision states, â€Å"People, working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership† Ford build its products on core value: Quality, Safe, Green, and Smart. Mr. Henry Ford (1863-1947) was the mastermind behind the Ford Empire. While working as an engineer for the Edison Illuminating Company in Detroit, he built his first gasoline-powered horseless carriage, the Quadricycle, in the shed behind his home. In 1903, Henry Fords established the Ford Motor Company, and five years later the company rolled out the first Model T.† As years passed and demand strengthen for this evolutionary vehicle, the company introduced innovative new mass-production methods. It began to build large production plants, the use of standardized, interchangeable parts. In 1913, the world’s first moving assembly line for cars began. Enormously influential in the industrial world, the legacy of his vision and mission for the company continues today. Mission statement are, â€Å"We are a global family with a proud heritage passionately committed to providing personal mobility for people around the world†. When firms achieve the overall business objectives; operational excellence; new products, services, and business models; customer/supplier intimacy; and improved decision-making chances are they have already achieved a competitive advantage. Doing things better than your competitors, charging less for superior products, and

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