DOCUMENTATION FOR GLOBAL TRADE LEADERS HENRY FORD

HINA UTTAM ROLL NO. 57 GLOBAL BUSINESS OPERATIONS(SEMESTER III) SHRI RAM COLLEGE OF COMMERCE

BRIEF GLIMPSE ABOUT HENRY FORD

Henry Ford (1863-1947)

The founder of the Ford motor company. He was born on Spring Wells Township in Ireland In 1891, Ford became an engineer with the Edison Illuminating company and became a chief engineer.

Henry Ford (1863-1947)

In 1903, Ford incorporated the Ford Motor Company.
He died in 1947 of a Cerebral Hemorrhage at the age of 83.

Achievements & Contributions of Henry Ford

Henry Ford Father of modern assembly line used in mass production.
His introduction of the model T Automobile revolutionized transportation & the world industry. Continued

Achievements & Contributions of Henry Ford

Ford astonished the world in 1914 by offering $5 a day wage

that more than doubled the rate of most of his workers . This proved more profitable.

Ford built a gigantic factory that shipped in raw materials and shipped out finished automobiles. Continued

Achievements & Contributions of Henry Ford

He believed that international trade & co-operation led to

international peace.

By 1929, he had successful on 6 continents. By 1932, Ford was manufacturing one third of all the

worlds automobiles. Continued

Henry Ford promoted many technical innovations and became a promoter of aviation.

Achievements & Contributions of Henry Ford

He was granted 131 patents.

He became one of the richest and best known people in

the world.

FORD S BREED!!!

FORD S BREED!!!

FORD S BREED!!!

The Ford Foundation

Henry Ford, with his son Edsel founded the Ford foundation in 1936 with a broad charter to promote human welfare. Ford splited his stock into a small number of voting shares , which he gave to his family and a large number of non voting shares he gave to the foundation. It grew immensely and by 1950 had become international in scope. It gradually sold all its shares on stock market from 1955 through 1974.So he was considered as a pioneer of welfare capitalism.

 The assembly line revolutionized the way we make cars

Fords Model T was sold for $850.00 each

The Model T was sturdy, inexpensive and easy to operate.

Ford couldnt meet the demand for the Model T.

He decided to build a moving industrial line.

With a moving belt could be built one part at a time

 Assembly lines are broken into several steps.

No two men get the same job.

Made production faster and cheaper.

Ford wanted his workers faster and faster.

A car moves on a pulley and it comes to the workers.

The workers got very bored doing the same job

 Revolutionized the automobile industry. Made production faster. Made automobiles cheaper. Made workers into skilled specialists. The assembly line was used in other industries to increase production

HENRY FORD LEADERSHIP LESSONS

HENRY FORD LEADERSHIP LESSONS

VALUE YOUR WORKERS
Henry Ford valued his workers a lot and he showed that by giving an extremely high pay for all his works in the assembly lines. As a result, he drew talent from all over the region to work in Ford Motor Company. Whatever you do as a leader, if you can show that you value each and every person on your team, you will attract talent from all over the place. More than just their salaries, people want to work in an environment where they feel that they are valued and an essential part of the organization. Strive to give your team this sense of value, whether by means of salary or by recognition. You can be sure that in the long run, youll be drawing strong people into your organization.

HENRY FORD LEADERSHIP LESSONS

SELF-BELIEF IS ESSENTIAL
Henry Ford had tremendous self-belief and he constantly preached on it. He would hire workers dont know understand the meaning of impossible and would keep pushing the limits of their imagination. Your self-belief as a leader is infectious as well. What do you believe about yourself? What do you believe about your ability? What is possible and what is impossible? Your willingness to try the impossible will inspire your team push the limits as well.

HENRY FORD LEADERSHIP LESSONS

WE ARE CREATED FOR WORK
Henry Ford understood the importance of work. He saw that work was an essential part of us as human beings and our fulfillment as people will come as a result of us using that potential in us to work. To him, it was not about when he could retire. In fact, retirement was never in the question for him. You have to see that work is a part of life, and a large part of life in fact. The moment you decide to retire, your mind begins to deteriorate and your body begins to grow weaker. No matter how old are you or how young are you, remember that work is always a part of life and work hones and moulds us as people

Quotations by Henry ford

If there is any one secret of success, it lies in the ability to get the other person's point of view and see things from that person's angle as well as from your own.

Failure is simply the opportunity to begin again, this time more intelligently.

A business that makes nothing but money is a poor business.