In: Operations Management
Please make observations, with examples, of FORD MOTOR in a overall situation"
Question: How serious are FORD'S weakness (in a SWOT) and competitive deficiencies? [200 words or more][Will give thumbs up]
Ford motor company , commonly known as Ford, is an American multinational automaker that has its main headquarters in Dearborn, Michigan, a suburb of Detroit . It was founded by Henry Ford and Incorporated on June 16,1903.
The part of the SWOT analysis shows the organizational constraints or inadequacies,which are internal strategic factors that reduce business potential. Ford's major weakness are , limited global scope of production network. Higher costs compared to competitors and slow innovation process. Ford has achieved consistent profitable growth based on smart leadership and management. Ford now aims to become the world's most trusted mobility company. Ford is planning for a smarter future and this will require consistent focus on operational efficiency.
Problems faced by Ford are:
Ford motors main competitors in the consumer discretionary sector are General Motors Company(GM), Toyota Motor(TM), Daimler(DDAIF), Honda Motor Company (HMC),Tesla Motors(TSLA), Navistar international (NAV) and Spartan Motors(SPAR).