Alan Mulally Management Theorists of Case Study

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The company was able to turn a profit of $2.7 billion in fiscal 2009, its first annual profit since 2005. The company has been profitable for the past five quarters (MSN Moneycentral, 2010). On that basis, Mulally appears to be meeting the company's goals. However, given its financial situation -- the company still has negative equity -- the transformation process cannot be considered complete. Thus, Mulally should retain his transformational style until Ford has completed its turnaround.

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The move to a transactional style should wait until the company is more consistently profitable, has built a base of equity, seen its share price improve further, and has pared down its product line further. The company has received a boost from Mulally's leadership, but still needs help from a recovering economy to complete the transformation.

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