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Boss Files with Poppy Harlow

The Table: Ford CEO Jim Hackett

Boss Files with Poppy Harlow

CNN

Business, Entrepreneurship

4.6538 Ratings

🗓️ 7 August 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

In a special live CNN Business conversation called "The Table," Ford President and CEO Jim Hackett discusses the major disruption technology has on the auto industry and why he is not worried about competition from Tesla and Amazon. Produced by Haley Draznin, CNN.To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

In this episode of Boss Files, a live CNN business conversation called The Table with Ford's CEO Jim Hackett.

0:08.1

It's a forum for transformative voices from different industries to discuss how disruption is affecting their industry at large.

0:15.0

So one of the things we've instituted at Ford is a thing called Curious Minds, which means like the table, we will invite the smartest

0:23.2

people in the world to come in and tell us what they're doing so that we can derive from that

0:27.9

how we might use that capability. He's leading the iconic American company at a time when technology

0:33.5

is disrupting the auto industry. Why he calls this the biggest shift in transportation

0:39.3

since Henry Ford and the Model T, how autonomous vehicles will change the world.

0:45.3

He's not worried about competition from the likes of Tesla.

0:49.3

He says Ford has been disrupting the auto industry long before Elon Musk. I happen to compete with

0:55.8

a rocket scientist who's really smart and I respect that about him. What he's learned from Amazon

1:00.6

and the leadership of Jeff Bezos. Plus, his main goal for Ford to be the most trusted company

1:07.3

in the world. Also, the advice he gives to President Trump on the trade war with China.

1:13.7

We traveled to Detroit to sit down for our very first CNN business live conversation called

1:19.5

The Table with Ford CEO, Jim Hackett. Let me bring up to the stage in just a moment, Jim Hackett,

1:26.8

the Ford president and CEO.

1:30.3

Just to give you a little bit of background, Ford has the most hourly workers of any U.S.

1:35.3

automaker. They build the most vehicles of any U.S. automaker right here in America.

1:41.3

Bill Ford, who asked Jim Hackett to take this job,

1:45.5

and Hackett said, I don't know.

1:47.6

Let me think about it.

1:48.7

The only person I've ever heard to think about a CEO job

1:52.3

before he took it.

...

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