Analysis of Ford Motor-Free-Samples for Students-Myassignmenthelp

Question: Discuss two relevant theories that can be adopted by the Mangers of ford automobile and Explain the role of reflective practice shaping the modern day Management Practice. Answer: Ford motor company was established in the year 1903. It has established itself as one od the largest multinational corporation and prospered under Henry Ford (the founder) and his successors (McMahon 2013). In the 1920s Ford was instrumental in implementing new strategies which were later known as Taylorism or Fordism (Waring 2016). If the management of Ford applies two of the all time relevant theories of Henry Fayol and Taylor things would change a lot in the working scenario. The essay consists of Fayols 14 principles of management, Taylors scientific management, the reflective practice of management and the PESTEL analysis of the Ford Motor Company. Fayols 14 principles emphasises on 14 different principles of management which are ought to be followed to escalate the performance of the organisation as a whole. The management of the Ford motor company should divide the work among the employees according to their expertise (Uzuegbu and Nnadozie 2015). Ford Motor Company has more than thirty six hundred thousand employees working in the company. It is present in over 30 nations and has about 110 manufacturing units around the world (Law 2017). Hence the management should be authorised to take actions on the employees. The management should try to trace the performance of the employees and maintain discipline among the working unit of the company. It is necessary to retain leadership unity in this huge company to negate the notions of confusion. Ford Motor Company should provide a unified direction for each and every employee in the corporation to overcome confusion. The management of Ford should try to incorporate certain ideas int o the organisation that would help the individuals to remain focused. As a leading company, Ford is well known for its salary structure; however, the management can incorporate non-monetary benefits into the profile of the employees who are performing well. It is an ardent requirement for Ford to maintain an authoritarian decision making body, as it is impossible to include the large number of employees in the decision making process. The maintenance of a proper hierarchical chain is very important in order to control problematic circumstance in the company. As Ford is a reputed enterprise, it is an ordinary expectation that the management would manage the safety, security and sanitation of the workplaces of the company. The management should try to maintain equity by positioning the right employees in the right places and stability by placement of the employees. The management should make the employees free in order to receive innovative ideas and should try to involve them with go od communication skills with every individual. Taylors scientific management principle can be used by the leadership of Ford motor company. According to Taylors scientific management principle, the management of Ford should try to replace the common sense and imaginative thinking with scientific thinking and understanding (Aitken 2014). The management of Ford should ensure that each and every employee is performing the task in the most efficient way. The most efficient way of performing a task would save the labour, time and cost at the same time. According to Taylor the management, should allot jobs according to the expertise of an individual (Aitken 2014). By this corporation not only becomes profitable with the work they do but they also get motivated in the process of performing the task. The management should monitor the performance of each and every individual properly (Armstrong and Taylor 2014). Both the managers and workers should work properly. The managers should try to plan and train the employees properly in order to increase the production of the company (Waring 2016). The reflective practice is one of the major professional management practices in the modern day world. It is a process by which an individual keeps on the learning from the reflection of own work engagement. According to the Gibbs Reflective cycle, the work engagement of an employee goes through a cycle of processes through which the employee learns from his own deeds (Potter 2015). It begins with an action plan, description, feelings, evaluation, analysis and it ends into conclusion (Potter 2015). In the companies like Ford reflective practice plays an important role to plan and monitor and assess the entire system. In case of large companies like Ford, it is important to maintain a fixed process and to keep on improving that process with time. In a process of manufacturing, marketing and selling these aspects are repeated with every task. The management becomes successful through the incorporation of the reflective practice. In the present age, management of an organisation deals w ith several important issues. In the process they stop learning and implementing the rectification of the mistakes they have committed before. The reflective practice management emphasises on this subject and helps the organisation to improve along with time. This makes it important in the modern day practice. PESTEL framework includes 5 factors which has an impact over the external environment of the Ford motor company. The factors are political, economic, technological, economic and legal (Makos 2015). Ford motor company will be able to flourish if the government supports the technological innovation, international trade and invest in infrastructure building (Law 2017). It needs essential political support. Economically, the opportunity of Ford is in the rise of the US economy, high GDP of developing economies whereas the threat is in the strengthening of USD. Socio-culturally, Ford depends on better customer service and building of electrical automobiles. Technologically, it will depend on mobile computing and online services. It has opportunities in building new innovative cars because of ecological reasons like carbon emission, climate change and exploitation of fossil fuels (Guajardo, Cohen and Netessine 2015.). Ford requires regulations of environmental protection and safety regulat ions in order to do well in the market in terms of legality (Kalaignanam, Kushwaha and Eilert 2013). The essay includes the application of the Henry Fayols 14 principles of management and the Taylors scientific management principle on the Ford Motor Company. Later it discusses about the importance of reflective practice in the modern day management. The essay ends with the PESTEL analysis on the external environment on the Ford Motor Company. References Aitken, H.G., 2014.Scientific Management in Action: Taylorism at Watertown Arsenal, 1908-1915. Princeton University Press. Armstrong, M. and Taylor, S., 2014.Armstrong's handbook of human resource management practice. Kogan Page Publishers. Guajardo, J.A., Cohen, M.A. and Netessine, S., 2015. Service competition and product quality in the US automobile industry.Management Science,62(7), pp.1860-1877. Kalaignanam, K., Kushwaha, T. and Eilert, M., 2013. The impact of product recalls on future product reliability and future accidents: Evidence from the automobile industry.Journal of Marketing,77(2), pp.41-57. Law, C.M., 2017.Restructuring the global automobile industry. Taylor Francis. Makos, J., 2015. An Overview of the PESTEL Framework.PESTLE Analysis,18. McMahon, B., 2013.A Short History of the Ford Plant. Minnesota Historical Society Press. Mehta, A. and Yadav, V., 2014. Henry Fayol and Frederick W, Taylors Contribution to Management: An Overview.IJIRT,1(5), pp.807-810. Potter, C., 2015. Leadership development: an applied comparison of Gibbs Reflective Cycle and Scharmers Theory U.Industrial and Commercial Training,47(6), pp.336-342. Uzuegbu, C.P. and Nnadozie, C.O., 2015. Henry Fayols 14 Principles of Management: Implications for Libraries and Information Centres.Journal of Information Science Theory and Practice,3(2), pp.58-72. Waring, S.P., 2016.Taylorism transformed: Scientific management theory since 1945. UNC Press Books.