Tag Archives: Henry Ford

Henry Ford’s Business Model – Franchises

Ford introduced franchise system dealerships established throughout the United States and abroad which allowed vehicles to be readily available. The independent dealers became rich, publicized automobiling , and local motor clubs became popular.

Tomorrow, Welfare Capitalism        Rita Bay

 

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Henry Ford’s Business Model – Fordisms

“Fordism” was the mass production of inexpensive goods with high wages for workers.  In 1913 to increase efficiency and lower costs, Ford introduced moving assembly belts into his plants where the vehicles were assembled by workers who stood still while belts moved through the  assembly line.

Tomorrow, Ford’s Franchises   Rita Bay

 

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Person of Interest: Henry Ford

Henry Ford at 25

Henry Ford (1863 – 1947) was an American industrialist who founded the Ford Motor Company . He developed and manufactured automobiles that could be bought by middle class America. Despite becoming one of the richest people in the world, he didn’t believe in accountants and never had his company audited.

Ford pioneered the development of mass production through the assembly line. He was a proponent of high wages for works and pioneered the 5-day work week. He was no friend unions.  As he aged, after experiencing several strokes, he passed the management of the Ford company to his only child Edsel. When Edsel died unexpectedly of cancer, Ford returned but he was unable to continue management and ceded management of the company to his grandson Henry Ford II.

Tomorrow, Ford’s Business Model    Rita Bay

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The Auto

The history of the automobile involved many dedicated inventors. The first real automobile, a self-powered steam vehicle, was built by Amedee Bollee in 1873. In the next step toward the automobile, Nikolaus Otto invented a four-stroke petrol gasoline internal combustion engine, the most common method of automotive propulsion. The four-stroke diesel engine was invented by Rudolf Diesel. Then, Etienne Lenoir patented the first practical gas engine in Paris.

The first carriage-sized automobile in the United States was a steam-powered vehicle invented in 1871 by Dr. J.W. Carhart. By 1891 the Daimler Motor Company, owned by Steinway (the piano family), produced petrol engines for tramway cars, carriages, quadricycles, fire engines and boats in a plant in Hartford, CT. In 1893 Charles and Frank Duryea, built the first gasoline powered car in America. Two years later, they opened America’s first motor manufacturing company.

It was not until Henry Ford (see pic above) founded the Ford Motor Company in 1903, however, that large scale production became possible. In 1908 he introduced the Model T,which became so popular that he developed the car industry’s first moving production line in order to build enough cars to satisfy demand. His ‘Universal Car’ changed the face of motoring with over 16.5 million built before production ended in 1927, making it available to a far larger number of people. Tomorrow, we go nuclear.  Rita Bay

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