Ford Motor Human Resource Strategy
-
Upload
rejaul-bashar -
Category
Recruiting & HR
-
view
474 -
download
1
Transcript of Ford Motor Human Resource Strategy
Human Resource Strategy at Ford Motor
Presented By: Rejaul BasharNorth South University
Ford’s Overview
Founded by Henry Ford and incorporated on June 16, 1903
Head quarter in Dearborn, Michigan, U.S
Seventh largest motor company in the world according to Forbes
Active in over 38 countries
Global workforce of nearly 0.2 million people
Corporate & Business Strategy
Ford has been guided by 'One Ford‘ strategy since 2007. Alan Mulally, CEO
(2006-2014) revealed the strategy; ONE TEAM. ONE PLAN. ONE GOAL
Ford still maintaining cost leadership strategy. Now moving towards
differentiation strategy. Thus, the adjustment is product innovation to gain
competitive advantage.
Reinventing Ford: Automotive and Mobility
Market expansion through joint venture and strategic alliance
Offering safety and fuel efficiency to the consumers
Competitive Advantage
Advance technology; automotive operating system
Online manufacturing process
Ford SYNC; integrated communication system
Large and highly skilled engineers and good R&D department
Centralized decision making system
Safety and Fuel efficiency
Low production cost
Ford’s Human Resources
HR goal is to build a team of people who is customer centric, has innovative idea and
perform as needed to compete in the global marketplace.
Recruitment & Selection Strategy
Dedicated Ford Talent Center Internal and External recruiting & Target and Open recruitment Ford invite applicants, who has broad range of skills, competencies, innovative
mind, ready to use talent and ability to work in team with less supervision Selection through team interview and behaviorally based evidence of innovative
performance.
Ford’s Human Resources
Training & Development Strategy
Ford developed many training programs which focus on enhance skills, making
decision, work in teams and creative thinking.
Training designed in the way that will stimulate innovation and creativity
Focused technical, professional and leadership development programs
Development programs support long-term organizational alignment and HR play
the role as change agent.
Ford’s Human Resources
Performance Appraisal Strategy
Ford uses a grading system that evaluate employee on a curve, called
Performance Management Process. Employees are classified into three categories-
Top achieverAchiever and Improvement required
Importantly, those employees under third category, will continue to receive
coaching and counseling to improve their performance.
Ford’s Human Resources
Compensation and Benefit Strategy
90 % fixed and variable salary & 10 % spent on various kinds of benefits like
Medical, dental and prescription drug plan for employees and dependents.
Paid vacation with Flex account ( to purchase additional vacation time)
Flex hours; enables employees to determine their work hour (starting and ending time
within an 8 hour day).
Pension benefits.
Vehicle purchase plan at dealer invoice cost.
Savings and Stock Investment Program.
Ford’s Employee Satisfaction
Overall, Ford employee are satisfied. Scores continue to improve year over year, indicating positive working environment in general.
2015 pulse global survey49 countries
23 languages13 skill teams
7000+ work groups
85 %satisfied with Supv
81 %satisfied with company80 % satisfied with job
Question & Answer