FORTUNE: DON’T MUFF IT MULALLY!
(Get the latest "Truth With Speedzzter" here)
What do the Whiz Kids, Lee Iacocca, Donald Petersen, and Jac Nasser (not to mention Henry Ford) have in common? They all blew big leads and squandered away prosperity. Alex Taylor III, writing an “open letter” for Fortune Magazine cautions FoMoCo honcho Alan Mulally to learn from history and not engage in the “bone-headed decisions” and “eye off the ball” myopia of past Ford bosses.
Taylor’s letter echos some of the historical Ford criticism appearing on this site. See e.g. Ford Motor Company has Wasted Mustang's Period of Exclusivity and Is High-Performance Important to Ford?
Hopefully, the brush with death of the entire American auto industry has hardened the Glass House Gang to the reality that they're in a brutal, smashmouth game of survival for the foreseeable future. The survivors will be those who produce and sell enough high-quality products to overcome the horrific capital demands of the next couple of decades.
(Get the latest "Truth With Speedzzter" here)
What do the Whiz Kids, Lee Iacocca, Donald Petersen, and Jac Nasser (not to mention Henry Ford) have in common? They all blew big leads and squandered away prosperity. Alex Taylor III, writing an “open letter” for Fortune Magazine cautions FoMoCo honcho Alan Mulally to learn from history and not engage in the “bone-headed decisions” and “eye off the ball” myopia of past Ford bosses.
Taylor’s letter echos some of the historical Ford criticism appearing on this site. See e.g. Ford Motor Company has Wasted Mustang's Period of Exclusivity and Is High-Performance Important to Ford?
Hopefully, the brush with death of the entire American auto industry has hardened the Glass House Gang to the reality that they're in a brutal, smashmouth game of survival for the foreseeable future. The survivors will be those who produce and sell enough high-quality products to overcome the horrific capital demands of the next couple of decades.
Labels: Donald Petersen, Henry Ford, Jac Nasser, Lee Iacocca, Whiz Kids
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