Case Study : Ford Motor Company Essay

Importance of teamwork is that when a team works well together they tend to understand their team members strengths and weaknesses. Strong teamwork can benefit from the team members and I say this because they become more capable at splitting up tasks so that they are accomplished by the members of the team that are more highly qualified. If businesses didn’t have strong teamwork within their business, it could make everything a lot harder for managers of the business to settle certain staff members, whom can fulfil tasks at their incomparable standard.

It is essential to have teamwork within a company. Companies who have embraced the concept of teamwork have reported increased performance in work production, problem solving and it has stimulated new growth. This group project approach has improved employee morale and increased input when managed correctly. The benefits of teamwork can make a positive effect in the company that incorporates this type of teamwork approach.

A leader should not hold all the power of leadership to themselves, but give it away to the team, because that is the only way to empower them. A good leader always take the blame, but never takes the credit, he gives that to the team. A team should be working together to achieve the goal while being united, like a family.

Ford Motor Company is America's one of the largest car manufacturer and seller. In year 1987 it faces an external business environment change in the form of new warranty policy announcement by its major competitors General Motor, which changes the current philosophy of warranty in U.S car market. This policy change may have implications not only on Ford’s sales and market share but also on various departments within organization (such as manufacturing, quality assurance, parts and service, and extended service plans) and their dealer network. In answer, Ford executives have to respond through a best suitable course of action by carefully analyzing the current market variables.

Leaders are most effective when they are able to attain cooperation among all the members and make them feel the purpose of doing their tasks. It is important for them to research on the characteristics of high performance teams so that they also have it as their standards in leading their people. Some of the important activities that a leader should be good at are persuading, communicating, and motivating people (Tracy, n.d.).

Teamwork is important in industries like aviation to ensure flights land safely, the military uses it to protect the country, finance professionals need to practice it to keep the nation’s economy running smoothly, the auto racing unit teamwork is essential to change all 4 tires by a team. Overall, in any industry that requires reliable human performance, teamwork is a necessity.

In today’s society, there are some people who possesses the qualities of outstanding leadership. Also, in today’s society, there are some people who keep qualities of a poor leader. A good leader is someone who reads and understands their own emotions and recognize the impact on themselves and others. Another thing great leaders do is think and act with optimism, by looking at the positives and not so much on the negatives. Another great strength a good leader has is that he or she knows the strengths and limits of the certain people on their team (Hewertson). Furthermore, a great leader leads by example, set achievable goals, assigns tasks within someone’s strengths, gets the right people on board,

During the group work in the course it was apparent that a few traits stood out that would help a leader effectively lead the team. First, the leader must understand the project and be able to communicate that to the team members to improve commitment and ensure quality. Second, the team should have common goals as we set forth in our team charter. This provides measurable metrics which will help identify if the team is effective. Third, accountability is a priority from the very beginning. Everyone needs to know their part and the consequences if they are unable to meet the expectations set out by the group. Lastly, the leader must be able to create an environment of open communication to enable team members to give and receive feedback that will enhance the quality of the project.

Introduction: In the given statement "simply put, teams will be the primary building block of performance in the high performance organization of the future. As a result, effective top managers will increasingly worry about both performance and the teams that will help deliver it" (p. 239, The Wisdom of Teams). Authors Jon R. Katzenbach and Douglas K. Smith conversed with several individuals in more than thirty organizations to figure out where and how groups function best and how to upgrade their adequacy. They uncover: The most critical component in group success who exceeds expectations at group authority. Furthermore, why they are infrequently the most senior individuals Why company wide change relies on upon groups. Furthermore, more comprehensive and demonstrated compelling, The Wisdom of Teams is the fantastic first stage of making groups an effective apparatus for accomplishment in today 's worldwide commercial center.

Leadership is defined as the ability to accomplish a set goal(s) due to the act of inspiring and motivating a group of your peers. Former United States president Dwight D. Eisenhower made famous a quote that stated, “Leadership consists of nothing but taking responsibility for everything that goes wrong and giving your subordinates credit for everything that goes well.” (Notable-quotes.com). One of the most important aspects of the work area is leadership. Without leadership, there will be no guidance to for teamwork and the percentage of successful goal will be slim to none. Becoming a great leader is no easy feat however. An exceptional leader must lock in on specific attributes such as intellect, moral character, and human

As with any job, teamwork is crucial. Without it, many inventions and companies would not exist today. For example, Steve Jobs would not have been able to create the iPhone without his team of research and development employees.

Tesla Motors Inc. is an American public company which is known worldwide because of its experience in designing, manufacturing and also the selling of electric cars and electric components for vehicles. The motor was started back in the year 2003 in San Carlos, California in the United States (Teslamotors.com, 2014). The company had its headquarters in Palo Alto and at the time of its inception, Elon Musk was its chief executive officer (CEO) (Hunger, 2010).

The area of team leadership attracts a lot of attention in the modern world because of the need to assemble and deploy diverse teams for the completion of projects. The future of many corporations relies more and more on the kind of team leadership they have for their projects. This paper explores a number of facets that constitute effective team leadership.

Profitability (performance) ratios are used to assess a company’s ability to create equity as compared to its debt and other appropriate expenses created during a particular time frame. A favorable analysis of profitability ratios will reveal that a company’s value is higher than a competitor’s value.

The team leaders place considerable emphasis on team building and team work then evaluates their own performance on the basis of how well they have developed the team. They share the responsibility and work load which creates more ease in decision making and quick actions. They believe in democratic style of leadership where the team members give their opinions and suggestions and influence the decisions. Profits, credits and even losses are shared. No one is given the responsibility or credit for good or bad doings, but the entire team shares it equally. A team leader therefore, believes that the whole is greater than sum of parts of it. For example, Bill Clinton, Quid-e Azam, Mahatma Gandhi, etc