Henry Ford Motor Company: Quote Analysis

Teamwork is important to complete any task and without it you have chaos. Everyone knows the saying “a team is only as strong as the weakest player,” this saying can be put to use for sports but it doesn't come into play for other industries. If doctors, pilots, food industries, and construction workers used this for everyday work they would be more efficient. Furthermore, every industry that has ever existed knows that there is always going to be something unexpected. Gawande recommends that when a team is working together and they can't seem to figure out what the problem is they should, “stop and talk through the case together”(101). When a group of workers uses this democratic way of thinking they critique each other and end up improving one another by showing them a different way of thinking. For example, many think surgeons rule the operation room and what they say goes, but in actuality they make mistakes like everyone else so this rule will actually save lives.

Some practitioners’ attitudes may present challenges if they see themselves working in teams, as opposed to working as teams. Employees might simply work alongside others, sharing a common work experience but not truly engaging in the give-and-take of working as teams. It is working as a team that brings the full range of motivational benefits.

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.

Explain what shareholders would receive in exchange for (a) old common shares, (b) old class B shares, and (c) old shares held in the employee saving plan.

You can get much better results and yield higher returns when you work as a group instead of alone. Banding together in hard times could mean the difference between survival and starvation. 13.Don’t give in to surrender The Peanuts gang could have easily accepted defeat after all they went through. Instead they paddled on. They saw victory in their sight and went for it full steam ahead.

Henry Ford was an engineer from Detroit, Michigan who had an idea. By 1902, Ford had attempted several times to produce a gas powered vehicle, but with little capital, he realized that his attempts were futile. Ford approached a man by the name of Alexander T. Malcomson about the possibility of manufacturing an automobile. Malcomson, a friend of the family and wealthy coal merchant was reluctant at first but finally agreed with Ford, and decided to assit Ford financially with his endeavor. With Malcomsons investment and Ford's engineering skills a partnership was formed and in mid June of 1903, papers of incorporation for the Ford Motor Company were filed in Dearborn, Michigan.

Most people think working in a group isn't all that hard, but when making huge decisions, it can be tough. At first I didn’t we could do it, but soon we all became friends. In order to get all of the work done we have to split up. For example, one day we had eight people and so we split up in groups of two. I worked with my partner on the core values poster. Two boys worked on our project, and two more designed our tee shirts. At the end of every practice we must share what we have with our teammates. I think we could not have gotten things done if we didn’t split up. The other day we all wanted to do the same thing, but we had to split up to get things done. Teamwork helped us get through the

United States Securities and Exchange Commission, (2012).Ford motor company 10-k . Retrieved from Ford Motor Company website: http://phx.corporate-ir.net/phoenix.zhtml?c=87772&p=irol-SECText

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.

Mutual cooperation and equal loads of work among colleagues can help improve partnership working as well.

Everyday people deal with conflict and cooperation. Our lives are based around interaction with other people whether in person or over social media. With that comes disagreements and conflict. We have to learn to cooperate with one another to solve these problems. People have to learn do this their whole life.

Christy Ebron was a graduate student of Texas A&M University, she majored in accounting. She spoke about learning, growing, executing, and leading when it comes to working with others. Ebron stressed the concept of working with others and how rules are stabilized to maintain a successful teamwork, I found the tips important because in the business work teamwork is used regularly. I didn't feel so happy about the concept of working with others constantly but after she spoke of the process it all made sense. Having a team to depend on and work with is highly beneficial and helps immensely with balancing work and life outside work.

A common goal can bring the group together in many

From my perspective, I do feel as if it is hard for humans to naturally work together. The fact that it requires cooperation between everyone to make a team an effective team, in the end, makes some humans discouraged to even work in or as a team. Some members want to be the leader and control what happens, which makes some individuals ideas to get diluted or feel that their part is unnecessary within the team. On the other hand, some individuals feel as if they would do better if they were not even in a team at all, so they outcast themselves to do their own work. So, in the end, it requires individuals to get over the boundary of being arrogant and think they only have the right solution to the task at hand. So it is necessary for members

The effectiveness of teamwork isn’t something that just clicks it is something that requires cooperation as this enables us as team members to assist and support one another to work as a team. Levi (2014) stresses the need of cooperation in a group as this enables groups to function ‘smoothly’ and ‘effectively.’ Dawes (1988) cited by Levi (2014:p.83) says that it is key that others members set an example when it comes to ‘cooperation’ as this allows other individuals in the team to follow. In our group there were five of us where we either worked in a care setting or we were a student attending work placement. I was a student on work experience in a nursing home for elderly, member two was at work placement in mental health