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SVTPerformance's Chain of Restaurants
Road Side Pub
Does ford need a new CEO?
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<blockquote data-quote="IronSnake" data-source="post: 15609879" data-attributes="member: 46336"><p>It's because the core business is antiquated. Simple as that.</p><p></p><p>To speak of a parallel, it's no different then backing us up to when carriage companies were larger than automakers (the few that existed). Essentially Mark Fields sees the current automobile as the carriage and his development investments as the new automobile. He's investing in what's coming, not what's here. Had carriage companies gone out and bought into the automotive manufacturers of their day, many would still be around. They were all too worried about maximizing profit now and not about being around in 20 years. Where are they now? DOA. Lets hope ford weathers the storm of Wall streets greed and can continue on.</p><p></p><p>Ford is woefully doing the same if Jack Hackett doesn't continue Fields emphasize on forward thinking. I expect he will though given his previous position.</p></blockquote><p></p>
[QUOTE="IronSnake, post: 15609879, member: 46336"] It's because the core business is antiquated. Simple as that. To speak of a parallel, it's no different then backing us up to when carriage companies were larger than automakers (the few that existed). Essentially Mark Fields sees the current automobile as the carriage and his development investments as the new automobile. He's investing in what's coming, not what's here. Had carriage companies gone out and bought into the automotive manufacturers of their day, many would still be around. They were all too worried about maximizing profit now and not about being around in 20 years. Where are they now? DOA. Lets hope ford weathers the storm of Wall streets greed and can continue on. Ford is woefully doing the same if Jack Hackett doesn't continue Fields emphasize on forward thinking. I expect he will though given his previous position. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Does ford need a new CEO?
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