Ford's Great Public Relations
- Thread starter Dr Robert Harms
- Start date
ENZO BTR
GT Owner
I'll take this opportunity to third that!!
I, along with several other Edmunds folks, had dinner with Mulally last Friday and he seemed like a very down-to-earth and sincere guy in terms of wanting to fix Ford. He didn't say much, but he listend a lot when we told him our thoughts on the industry, Ford and how the Internet is changing car sales.
After the dinner I realize he listened far more than he spoke. A truly rare characteristic in today's world. :eek
Its also a great characteristic for someone trying to turn a company around. :cheers
TEXAS GT
2006 Twin Turbo
fjpikul
GT Owner
If a businessman is great in his field, paying him $20 or $30 million will not motivate him to do a better job. He will work for the challenge, not the tens of millions of dollars. Lee Iacoca did just that, no salary, no pay to wean him away from another company. He was successful because he wanted to be, not because greed was the motivating factor.
leon
leon
:biggrin
http://www.askoxford.com/concise_oed/logorrhoea
I should have mentioned other characteristics of today's mass media culture. Instead of reaching for a higher, more productive rationality, they worship at the altar of their own secular culture: The hip-hop culture, acquisitive consumerism, fashion, hipsterism, street gang mentalities, mystical environmentalism, and Web-centered "reality" cultures.
I prefer to spend my time with virtue's originalists.
I agree. His has a suburb reputation from his days at Boeing. I am sure he is the right man for this complicated job. If I consider the odds that are against him, he may have accepted less bonus than he deserved.
B O N Y
MODERATOR & FGT OWNER
Leon!
I am sure your great in your field of expertise. I challenge you to take the Lee ioccoca turn around leadership route. It is easy to post here, hard to walk the talk. So, let us know if your ready to accept or not.
Happy easter!
Bony
I am sure your great in your field of expertise. I challenge you to take the Lee ioccoca turn around leadership route. It is easy to post here, hard to walk the talk. So, let us know if your ready to accept or not.
Happy easter!
Bony
Sorry to say this but I am too old to start saving Ford Motor Co. or any other ailing concern, and I don't have that much greed inside of me. However, my many years in business tell me that great people don't really work for the money, there are other motives, and one is definitely not to grab as much money rom an ailing concern as you can. For anyone to think they are worth that amount of money takes a lot of gall. How concerned could they be about Ford if they demand excessive monies whether they need it or not. Labor issues, health costs, and greedy execs not caring how the business does because they will be gone by the time poor quality products are sold and their reputation becomes well known are some of the basics that got Ford into trouble, same with GM.
Have a nice easter and don't worry about Ford. They will do just fine with or without their new multi million dollar leader. If anything, Ford worldwide will save Ford in the U.S.
Leon
Have a nice easter and don't worry about Ford. They will do just fine with or without their new multi million dollar leader. If anything, Ford worldwide will save Ford in the U.S.
Leon
THamonGT
GT
Ford Public Relations
I am also counting on Mullaly's leadership and hard work as my STOCK (INVENTORY) is sitting around me as we speek every day all day. TGH:wink
I am also counting on Mullaly's leadership and hard work as my STOCK (INVENTORY) is sitting around me as we speek every day all day. TGH:wink
AtomicGT
GT Owner
So give the guy a chance to turn the company around at the same time you are driving their cars!
They are making excellent cars at the moment, so all you pinheads that drive Japanese cars need to re-think where your support is. Haven't had a Japanese import in 20 years!
They are making excellent cars at the moment, so all you pinheads that drive Japanese cars need to re-think where your support is. Haven't had a Japanese import in 20 years!
FlorIdaho Chris
Yeah, I've got one.
I agree with you Bony. Most great CEO's do not work hard for just the money, but being paid "market" is entirely appropriate. Since when is market pay somehow greedy?! In fact, most compensation committees of public companies do not want a CEO working for altruistic purposes.
Give backs to societies are great, many CEO's do their "pro bono" work with non-profit entities or other non-public boards.
As a shareholder of Ford stock, I for one, do not want my CEO working for me unless his interests are aligned with mine and he is financially motivated and properly compensated...Capitalism 101.
FlorIdaho Chris
Yeah, I've got one.
Right on Atomic. I am voting for Ford with my pocketbook. I own six Fords and have a seventh on order. Haven't owned a Japanese car in 25 years.
MAD IN NC
Proud Owner/ BOD blah bla
Regarding CEO's - when they are chartered to drive the stock and shareholder value, they should be rewarded. It's not socialism but capitalism. Face it that you have to pay for "successful" managers but will also reap the rewards as a shareholder.
Regarding foreign cars. Never ever owned a Japenese car - ever! German a couple of times but never Japenese. First car was even a Ford - the Pinto! and I live to tell about it:rofl
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Everyone is entitled....
.......to their own opinion, but nobody is entitled to the wrong facts. Iacoca worked for $1 a year because that gesture made it easier to get the U.S. Goverment bailout loan. Lee was given millions of dollars in stock options that made him a very wealthy man when Chrysler rebounded. Iacoca wouldn't have worked for 10 minutes without those options and the prospect of the huge payday that he got. No great business man works "for the challenge", that's what golf is for. We work for money, it's the scorecard for our companies and ourselves. If I work hard to acquire the skills that make my services that valuable to a company or customer and I make 50 million a month, it's not greed, it's the marketplace. Class warfare and the notion of "greed" are Democrat Party staples. Bony isn't asking you Leon to turn around Ford, he's asking you to cut your own pay in your current job to $1 a year and feel the liberation from that greed. Work for the challenge! It'll be great because millions of americans think people like us with our GT's are fatcat greedy money grubbing whores who should be slapped down with sky high taxes and regulations. I've had 'em tell me. If I want a challenge, I'll go jogging. When I go to work, I'm working for money.
Chip
.......to their own opinion, but nobody is entitled to the wrong facts. Iacoca worked for $1 a year because that gesture made it easier to get the U.S. Goverment bailout loan. Lee was given millions of dollars in stock options that made him a very wealthy man when Chrysler rebounded. Iacoca wouldn't have worked for 10 minutes without those options and the prospect of the huge payday that he got. No great business man works "for the challenge", that's what golf is for. We work for money, it's the scorecard for our companies and ourselves. If I work hard to acquire the skills that make my services that valuable to a company or customer and I make 50 million a month, it's not greed, it's the marketplace. Class warfare and the notion of "greed" are Democrat Party staples. Bony isn't asking you Leon to turn around Ford, he's asking you to cut your own pay in your current job to $1 a year and feel the liberation from that greed. Work for the challenge! It'll be great because millions of americans think people like us with our GT's are fatcat greedy money grubbing whores who should be slapped down with sky high taxes and regulations. I've had 'em tell me. If I want a challenge, I'll go jogging. When I go to work, I'm working for money.
Chip
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My part
In the last 3 weeks, I bought 2 more brand new Fords. I now have 5 Fords in my garage. All the best to Mulally.
Chip
In the last 3 weeks, I bought 2 more brand new Fords. I now have 5 Fords in my garage. All the best to Mulally.
Chip
usmcfred
GT Owner
Well said and spot on Chip. The "challenge" I face every day as a CEO did not pay for my '06 FGT. My salary, bonuses and stock options did ... because my company's market cap has doubled in three years. I would guess hard work and a good salary enabled Leon and Dr. Harms to afford their FGT's as well ... similar to most of us on this forum. usmcfred
B O N Y
MODERATOR & FGT OWNER
Damn, love to fire up the Chipster... well said as always. Takes a little bit of nudging to make him come out to play, but always worth it:biggrin
Reminds me of Steve Jobs taking over the cornor office Apple for $1/p.a. when it seriously looked like it was going in the toilet. Not to mention protecting his stock position, the company he helped find, the relationships he had in the industry, there was ego involved.
The board after the first year gave him a token to remeber his sweat, a Gulfstream G5.
SuperB
Board of Directors/Owner
I'll play devils advocate, just to get everyone's panties in a wad! :thumbsup
Please note, this is all in good fun, I don't want to loose any friends over this! :ack
What's wrong with cars from Japan, many of them have more American made parts and/or man-hours than so called American made cars. :bs
It's a world economy, support for your own country is great, so long as you're not sacrificing quality and/or price to do so. :willy
What's wrong with Japan? :frown
$70,000 German cars are ok once in a while? :thumbsup
$200,000 Italian Ferraris are no problem at all? :thumbsup :thumbsup
But when it comes to a $25,000 Rice rocket, all hail the American Flag? :bs
Don't Scream America first, SAVE Ford, if you've got a Ferrari in the Garage. :thumbsdow
We're all hypocrites, and I'll gladly claim top prize in the hypocrite race. :willy
Please note, this is all in good fun, I don't want to loose any friends over this! :ack
What's wrong with cars from Japan, many of them have more American made parts and/or man-hours than so called American made cars. :bs
It's a world economy, support for your own country is great, so long as you're not sacrificing quality and/or price to do so. :willy
What's wrong with Japan? :frown
$70,000 German cars are ok once in a while? :thumbsup
$200,000 Italian Ferraris are no problem at all? :thumbsup :thumbsup
But when it comes to a $25,000 Rice rocket, all hail the American Flag? :bs
Don't Scream America first, SAVE Ford, if you've got a Ferrari in the Garage. :thumbsdow
We're all hypocrites, and I'll gladly claim top prize in the hypocrite race. :willy