What’s next for Ford Motor Company?
Wednesday, January 25th, 2006
It’s official: the “Way Forward” for Ford Motor Co. includes massive job cuts, painful plant closings and an unprecedented retrenching as the automaker tries to figure out the brave new world of manufacturing and selling automobiles. Over the next six years, the company plans to slash up to 34,000 jobs in North America and shutter 14 factories. That’s nearly 25% of the company’s entire workforce! As the Wall Street Journal pointed out yesterday, “The question now is whether the painful cuts at Detroit’s struggling giants are the beginning of a new, more competitive era, or just the beginning of the end.”
So… despite all the talk from the Ford executive suite about “innovation” being a key to the future, does it really all just come down to job cuts and a pledge to figure it all out later, once the bleeding stops…?
Maybe not. Jeff Thurston of the Vector One blog has posted some interesting observations about ways that Ford can still innovate its way out of the current mess:
“The future of the car is changing and innovation may mean a re-think about transportation systems and mobility products and services… Has a new door opened? A car is much more than wheels alone. A whole ‘Infotainment’ industry is arising alongside the car industry, an industry that see’s the automobile as something different than simply wheels. Today the Internet encircles cities through WiFi connections. Students tap into communications through wireless phones and devices and roads are becoming more electronic oriented. Routing and directions are monitored via satellite and other transportation networks, like air and rail, all impact and interface roads and meeting points. Pricing pressures are also affecting car use, along with taxes and so on.
The car is changing. It is no longer a solitary mode of transportation, but depends on and is connected to other networks - often digital in nature. It will be interesting to see what Ford means by ‘innovation’.”
Tags: Ford innovation
[image: Ari-Pekka via Flickr]
Last Friday in the Wall Street Journal, Sharon Begley’s “Science Journal” column featured a great example of how
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