American Icon, Bryce G. Hoffman
American Icon, Bryce G. Hoffman
14 Rating(s)
List: $22.99 | Sale: $16.09
Club: $11.49

American Icon
Alan Mulally and the Fight to Save Ford Motor Company

Author: Bryce G. Hoffman

Narrator: Pete Larkin

Unabridged: 14 hr 46 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 06/04/2012


Synopsis

At the end of 2008, Ford Motor Company was just months away from running out of cash. With the auto industry careening toward ruin, Congress offered all three Detroit automakers a bailout. General Motors and Chrysler grabbed the taxpayer lifeline, but Ford decided to save itself. Under the leadership of charismatic CEO Alan Mulally, Ford had already put together a bold plan to unify its divided global operations, transform its lackluster product lineup, and overcome a dys-functional culture of infighting, backstabbing, and excuses. It was an extraordinary risk, but it was the only way the Ford family—America's last great industrial dynasty—could hold on to their company.
 
Mulally and his team pulled off one of the great-est comebacks in business history. As the rest of Detroit collapsed, Ford went from the brink of bankruptcy to being the most profitable automaker in the world.
 
American Icon is the compelling, behind-the-scenes account of that epic turnaround. On the verge of collapse, Ford went outside the auto industry and recruited Mulally—the man who had already saved Boeing from the deathblow of 9/11—to lead a sweeping restructuring of a company that had been unable to overcome decades of mismanage-ment and denial. Mulally applied the principles he developed at Boeing to streamline Ford's inefficient operations, force its fractious executives to work together as a team, and spark a product renaissance in Dearborn. He also convinced the United Auto Workers to join his fight for the soul of American manufacturing.
 
Bryce Hoffman reveals the untold story of the covert meetings with UAW leaders that led to a game-changing contract, Bill Ford's battle to hold the Ford family together when many were ready to cash in their stock and write off the company, and the secret alliance with Toyota and Honda that helped prop up the Amer-ican automotive supply base.
 
In one of the great management narratives of our time, Hoffman puts the reader inside the boardroom as Mulally uses his celebrated Business Plan Review meet-ings to drive change and force Ford to deal with the painful realities of the American auto industry.
 
Hoffman was granted unprecedented access to Ford's top executives and top-secret company documents. He spent countless hours with Alan Mulally, Bill Ford, the Ford family, former executives, labor leaders, and company directors. In the bestselling tradition of Too Big to Fail and The Big Short, American Icon is narrative nonfiction at its vivid and colorful best.

About Bryce G. Hoffman

Bryce G. Hoffman is an award-winning journalist who has covered the auto industry, both in the United States and around the world, since 1998. He began covering Ford Motor Company for the Detroit News in 2005. He has been honored by the Society of American Business Editors and Writers, the Society of Professional Journalists, the Associated Press, and others for his coverage of Ford and is one of the world's foremost authorities on the automaker. Bryce lives in Grand Blanc, Michigan.


Reviews

Goodreads review by Jean on April 21, 2014

I don't know if the author intended this book to be a solid piece of propaganda for Ford, but it worked! I listened to the book on Audiobook and enjoyed every minute. The story is well-told and Alan Mulally quickly becomes a likable hero to the reader. I related to Mulally's approach to people and h......more

Goodreads review by Patrick on August 12, 2019

Very well written and engaging, but ultimately it's a love letter to unfettered capitalism, unbalanced corporate executives, and the poor plight of independently wealthy individuals who stock isn't worth quite as much as it once was. In the moment, it's an empathetic struggle to save something impor......more

Goodreads review by James on April 05, 2012

Simply put, this book is a page-turner. And that's not what you'd normally expect from a business book. But there's a great story here, well told, that excites the mind. There hasn't really been a bigger story in the last half-decade than the economy, and along with the banking and housing sectors, A......more

Goodreads review by John on January 25, 2019

A fascinating behind-the-scenes look at how Mulally and his team saved Ford Motor Company. There were numerous tactical moves involved, but at the end of the day, the turnaround hinged on three basic elements: 1. Having a clear point of view about the future of Ford. 2. Having a clear plan for gettin......more

Goodreads review by Tania on July 30, 2013

Excellent book about the Ford Motor Company, and Alan Mulally's success in bringing the company to profitability. It is especially interesting to me since I have spent most of my adult life either working for or working with this company. It is quite something to have them discussing meetings in the......more