Ford Must Innovate Before It's Too Late
Jan. 18 -- Ford Motor Co. is discovering just how far it has fallen from the pinnacle of automaking and the self-reliance and inventiveness that once made it great.
We know this because Ford executives otherwise wouldn't be talking so urgently, suddenly or in such patriotic terms about the need to "innovate."
Promising that "innovation is the compass by which Ford will set its future direction," Bill Ford Jr., chief executive officer, has been rallying employees to get behind new products and find ways to do things better or -- a bit darkly -- go elsewhere. The message appears in company speeches and as part of a $90 million advertising campaign.
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