Disruption in Detroit: Ford, Silicon Valley, and Beyond (B)

ISBN-10
1526462478
ISBN-13
9781526462473
Category
Business failures
Language
English
Published
2018
Author
Ernest Gundling

Description

The case provides an update on Ford's strategy during the fall of 2017, following the dismissal of Fields and the appointment of former Steelcase CEO and Ford Smart Mobility (FSM) chair Jim Hackett as his successor in May 2017. Faced with a drop of 37 percent in Ford's stock price during Field's tenure, declining year-over-year vehicle sales in early 2017, and the view of some Ford Board members that the company needed to more successfully communicate its recent strategic moves in the mobility space, Hackett lays five themes to turnaround the company, while keeping his eye on the "now, near, and far" on the company's performance.

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