A cornerstone of Alan Mulally's transformation of Ford Motor Co.— the Thursday business plan review meeting — will stick around under new CEO Jim Hackett.
Mulally instituted the leadership meetings when he took over as CEO in 2006 as a way to focus his senior management team and allow for transparency related to issues within the company. Those gatherings included a now-famous red-yellow-green color-coded chart to demonstrate whether a project was on track.
Automotive News reported last week that Hackett cut the confabs in each of his first two weeks as CEO in an effort to make better use of his management team's time. But that was a temporary change.
"Any suggestion that company BPRs are going away is incorrect," a Ford spokeswoman said in a statement. "Jim Hackett is continuing to use the BPR process."