Professional Documents
Culture Documents
The company was a success from the beginning, but just five weeks after its
incorporation the Association of Licensed Automobile Manufacturers
threatened to put it out of business because Ford was not a licensed
manufacturer. He had been denied a license by this group. He was glad to
fight, even though the fight pitted the puny Ford Motor Company against
an industry worth millions of dollars. The gathering of evidence and actual
court hearings took six years. Ford lost the original case in 1909; he
appealed and won in 1911. His victory had wide implications for the
industry, and the fight made Ford a popular hero.
He always wanted more: Henry Ford was kind of a person who was never satisfied
with what he had. He was always looking for more. And this thirst for more was
actually the main reason behind his success. He wanted to invent and explore
everything whenever he achieved something, the very next moment, he was found to
be engaged in another project.
A viewer of the large picture: Henry was a man full of vision. He always thought
about the future and how to get more benefit. When Henry decided to increase the
salary of his worker, his investors didn’t agree with him. But he did that so that best
engineers and mechanics get attracted to work with them. Also, more salary means
more purchasing power and workers started to buy the companies vehicle; thus, the
profit of Ford Motor’s increased.
He valued human capital: Although Ford was involved in the machine and machinery
invention, he never underestimated the importance of human capital. Back then,
employees and workers were not considered as an essential part of a company. But
Ford valued his workforce and tried to do everything possible no matter how many
times he had to go against investors and other members.
• Obstacles are those frightful things you see when you take your eyes off your
goals.
• When everything seem to be going against you, remember that the airplane
takes off against the wind, not with it ....
• Even a mistake may turn out to be the one thing necessary to a worthwhile
achievement