Careers Influence Mindset

055: Alan Mulally’s 11 Practices of Successful Teams

Alan Mulally led arguably the greatest turnaround in corporate history. He saved Ford Motor Company from bankruptcy amid the chaos of the 2008 recession, and architected and led the transformation of Ford’s product line, brand reputation and financial performance.

I had the opportunity this week to sit in on a keynote with Alan at the ISM2016 conference in Indianapolis.  In today’s Friday show, I want to share what Alan described as “all I know”.  The 11 steps that he used to drive the transformation.  In my mind, these can be applied successfully to any project, and they are just great pieces of business advice.  I hope you agree!

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“Alan said that he would encourage and celebrate “red” status ratings because it meant that he – and his team – could now manage based on the reality of a situation rather than managing blind.”

Conference Slide:

Alan Mulally

 

Links and Resources:

Thanks for Listening!

About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.