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How Leaders Lead with David Novak

#146: Alan Mulally, Former CEO of Ford Motor Company – How to work together

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 3 August 2023

⏱️ 57 minutes

🧾️ Download transcript

Summary

Today’s guest is Alan Mulally, who served as the CEO of Ford during their incredible turnaround. And when we say served as the CEO, we mean it!  That’s because, in Alan’s words, to serve is to live.  And it’s not just a warm-fuzzy philosophy. His service-centered style of leadership really gets results. It’s how he motivates people to actually work together. And it’s how he led Ford through one most extraordinary turnarounds – from operating at a $17 billion loss to making $9 billion in profit … in just two years!  So if you want to learn how to get people working together, then you’re going to LOVE all the incredible insights and stories Alan shares in this episode.  You’ll also learn: Alan’s #1 piece of advice for anyone in a turnaround situation A practical way to stay attuned to the reality of your business One unexpected question to add to your next employee survey The surprising shift leaders of the future need to make (and how to do it) How to reframe issues in your company in a way that unlocks teamwork The common mistake leaders make when a team member brings up an issue A paradigm-shifting way to think about “work-life balance” Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go  Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

Transcript

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0:00.0

Welcome to How Leaders Lead where every week you get to listen in while I interview some of the very

0:08.9

best leaders in the world. I break down the key learning so that by the end of the episode,

0:13.6

you'll have something simple you can apply as you develop into a better leader. That's what

0:18.6

this podcast is all about. Today's guest is Alan Mulally,

0:22.9

who served as the CEO of Ford Motor Company during their incredible turnaround. And I really do

0:29.5

mean he served as the CEO. See, in Alan's words, to serve is to live. And let me tell you,

0:37.1

that's not just a warm, fuzzy philosophy.

0:39.9

His service-centered style of leadership really gets results. It's how he motivates people to actually

0:45.6

work together towards a common goal. And it's how he led forward through one of the most extraordinary

0:50.8

turnarounds in business history, from operating at a $17 billion loss to making $9 billion

0:57.7

in profit. In just two years, that's just unreal because he had to turn around this big ship

1:04.8

and get it moving in the right direction. And he did it so fast, it's just amazing. So if you want to learn how to get people working together,

1:13.0

then you're going to love all the incredible insights and stories Alan shares today. Let's jump right

1:18.9

in. Here's my conversation with my good friend and soon to be yours, Alan Mulally.

1:30.0

When you write your signature, as I understand it, it's your name in cursive,

1:35.3

and then you have a little cartoon airplane with a smiley face on it.

1:41.1

When did that start?

1:42.2

Tell us that story.

1:43.6

At one point in my career, I had the fortune of, as you know,

1:46.7

as serving on the design team of every Boeing airplane,

1:49.9

the 707, 27, 27, 37, 37, 37, 7,

1:54.0

and then they asked me to serve as the chief designer,

...

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