Motivation Leadership

Instructions

McKinsey Interviewhttp://www.mckinsey.com/insights/strategy/leading_in_the_21st_century_an_interview_with_fords_alan_mulallyForbeshttp://www.forbes.com/sites/sarahcaldicott/2014/06/25/why-fords-alan-mulally-is-an-innovation-ceo-for-the-record-books/Read the articles at the links above.  You may want to consult other sources as there is much information on Alan Mulally. We discussed numerous perspectives of leadership in class as shown in the list below.a)Competency Perspectiveb)Trait Perspectivec)Behaviour Perspectived)Contingency Perspectivee)Transformational Perspectivef)Servant LeadershipReview the equity theory and describe how it may be used to explain the change in employee behavior at Ford.  Your answer must show that you understand equity theory.

Answer

Alan Mulally is a revolutionary leader that should be envied by whoever wants to take up any leadership position. While serving as the Ford CEO, Mulally understood the value of the employees and importance of motivating them. He adopted the equity theory to change employees culture and mentality at Ford. The equity theory is based on the concept that employees are motivated through fairness. At the workplace, if employees identify an inequity with their colleagues, they will modify what they do for them to achieve fairness. To avoid such cases, Mulally introduced the One For Plan. The major components of the One Ford Plan were to bring all Ford employees together as a team and harness their automotive knowledge and skills to manufacture the cars that people wanted (McKinsey & Company,...
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