As the week begins, many industry analysts and insiders are confident that Ford will be making dramatic steps towards increasing their efficiency and productivity. The announcement last week that Bill Ford would be stepping down as CEO and passing the torch to Alan Mulally, was the first of many actions that the automaker hopes will transform the company over the all-important, coming years.
With management shifts underway, tackling the union issue is next on Ford's "Way Forward" agenda. Thankfully, negotiations between FoMoCo and the UAW have already been settled, at least for the time being. This newest contract addresses many streamlining issues that have plagued the company's efficiency over the last several years and, after being voted on by the Local 600 workers, should take place soon.
With everyone weighing in on what will make or break Ford's future, it seems this week will bring more speculation, more engagement and, hopefully, more "bold moves" from one of the nation's most esteemed automakers.
[Source: The Car Connection]
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