Why? Why appoint Alan Mulally, head of Boeing's commercial airfcraft division, as Ford Motor's new chief executive?
According to outgoing CEO Bill Ford: "Business skills by and large are transferable"...
Wait there's more:
According to Billy-Boy, there are striking similarities between the car and aircraft industries. Just your everyday issues like:
- long development times
- complex manufacturing processes
- troublesome unions
- thousands of supplier relationships.
Wow.
One more industry similarity they forgot to mention - incompetence in senior management?
Update: BusinessWeek has an interesting angle...