Question
Read the Ford Case provided on the BSG website. On October 1 of 2020, Jim Farley (the cousin of Chris Farley) took over as Ford's
Read the Ford Case provided on the BSG website.
On October 1 of 2020, Jim Farley (the cousin of Chris Farley) took over as Ford's President and CEO from Jim Hackett.
Mr. Farley has learned of your considerable skills in strategic analysis and has hired you as a consultant to develop a strategic plan that will enable Ford to improve its position in the automotive industry, continue to build a stronger financial position, and formulate a strategy concerning its future diversification or retrenchment from its existing lineup of businesses. In developing your recommendations, you should assess the automotive industry and the future of automobiles.
You should offer specific, actionable recommendations that will allow Ford to at least sustain, if not further improve, its competitive and financial positions. Your recommendations should be well supported with analysis, arguments and justifications for each recommendation using your training in strategic analytical tools, please note: I want to use PESTEL, 5 FORCES, DRIVING FORCES, DIFFERNTIATION/STRATEGY, SWOT for analysis.
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