Analyzing a key business leader. (Jack Welch, Henery Ford) Essay

Analyzing a key business leader. (Jack Welch, Henery Ford) - Essay Example His thinking in this direction helped him in coming up with the line assembly model. The first wonder of Henry Ford was to produce an affordable car. He is considered as an industry leader in the car manufacturing niche. He was the owner and founder of Ford Motor company, and till this day he is considered to be the most revolutionary and successful leader in the car manufacturing industry. He was not only a genius when it comes to thinking of the ways to produce cost effective cars, he was a perfect human resource mobilizer as well. In the times when industry was suffering from great economic depression, he managed to come up with increased wages policy of labor and still mange to scrape a lot of profit. This was all due to his participatory leadership approach. Ford’s approach towards leading was to lead from the front. Yet he was fond of participatory approach. As for the niche n which he was better than many, he introduced the concept of line assembly of cars. The concept itself is a proof that he believed in the perfectly finished product with the combined effort of all who are involved. This was his style of leadership. So in general we can say that his approach towards leadership was participatory in nature. Also, he was a firm believer of the fact that if you have some reward for those who perform better than the others, you will keep your workers motivated. This was the reason that his leadership was successful. His labor laws were just wonderful. (Kraft, 43) As a leader, one of the most important rule and policy for which Henry Ford is known was his labor laws. He was one of the very strong believers of welfare capitalism. He was one of those very few industrialist leaders of his times who believed in improving the conditions of his workers to get loyalty from them in return. At that time after the World War I employee turnover was great and the great depression was