Question

Is Ford Motor effective at developing and manging external partnerships? [As a need to know investor: Please have 200 words or more][Will give thumbs up]

Answer 1

Ford motor has uniqueness in competitive advantage and has matrix based organisation structure which supoorts global meetings by connecting teams across the globe at one go amd allowing vendor partnerships simultaneously.

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The matrix structure being agile enough for fast decision making and being combination of functional and divisional gives higher control and rollout of new strategies and this kind kf structure gives efficiency to move resources and elimination of redundancy giving better efficacy.

Ford is known for its collaboration based leadership style since Henry Fords inception and thus leaders build relationships and collaborate using matrix organisation structure to form long lasting partnership with vendors, customers, investors, board members, media houses, etc.

The culture of collaboration, empathy, relationships have been in the DNA and has seen widescale implementation. Employees known for handling customers by treating them as partners, shareholders are treated as owners, and employees are treated as Founders of the company and thus by empowerment of roles and confidence, the level of external partnerships with variety of stakeholders has been phenomenal giving better results like low cost OEMs, loyal customers, long term shareholders, consistent and persistent board members and lastly low employee turnover rate and high employee retention rate making it astounding enough to be a Fortune 500 company.

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