In the classic movie “Top Gun” we all remember the scene where Maverick and Goose, while walking on the tarmac to their plane, offer each other a “Hi-5” and Maverick exclaims, “I feel the need for speed.”
In a recent Wall Street Journal article, Bill Ford, Chairman of the Board for Ford, announced the replacement of their current CEO, Mark Fields, a 26-year Ford veteran, with Ford Board member and well-known “fix it” professional Jim Hackett.
Mr. Ford explained that the reason for the change was related to Ford’s sagging stock price, overall value and poor responses to market circumstances.
Mr. Ford said, “As a company we have to move faster; we have to encourage and trust our people to move faster; we need to empower them to move faster; we need speed and we need to take hard actions and make tough decisions faster than we have been doing.”
Regardless of whatever industry you’re in, Mr. Ford’s comments are applicable to you as well. So, ask yourself: Continue reading