NOTE: During this conversation, Alan goes over two very important slides that outline his Working Together Management System and personal leadership philosophy. You can view them here: https://www.redteamthinking.com/mulally-slides-1. Please take the time to print them out before listening, so that you can follow along. Or better yet, you can watch this episode and see the slides on Red Team TV: https://www.red-team.tv!
Welcome to another episode of The Thinking Leader podcast, brought to you by Red Team Thinking. Bad leaders react, good leaders plan, and great leaders think. Each week, Bryce and Marcus bring you actionable ideas and insights that you can use to think more strategically and lead more effectively so that you can better navigate your complex world.
In this episode, Bryce and Marcus talk with legendary CEO, Alan Mullaly about servant leadership and how Alan used his Working Together Management System to save not one, but two, iconic American companies: Boeing and Ford.
Alan Mullaly began his career as an Aerospace engineer at Boeing, rising to become president and CEO of that company’s commercial airplanes group in 2001. He led Boeing through its near-death experience after 9/11 and returned the company to record profitability in less than five years. A lot of people took notice of that, and one of them was Bill Ford. His company, Ford Motor Co., was on the brink of bankruptcy in 2006. Bill Ford stepped aside and turned the automaker over to Mulally. Alan went on to lead a top-to-bottom global restructuring that transformed Ford into one of the most profitable automakers in the world — and he did it in the midst of The Great Recession, while the rest of the American automobile industry collapsed around him, and he did it without taking a government bailout. It is one of the most amazing comebacks in business history. It was also the subject of Bryce’s first book: American Icon: Alan Mulally and the Fight to Save Ford Motor Company.
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