
An Icon of Innovation
Henry Ford became a legend in car manufacturing, not only because of the company's profitability but also because of the many innovations it brought to the industry. Ford started the Detroit company in 1903 with $28,000 collected from 12 investors. Among those investors were John and Horace Dodge who went on to build their own company in 1914.
Books and movies have been produced about Henry Ford and the dynasty he began at the age of 40. History recognizes that it was as much management style and innovation inside Ford factories as it was product that made the company successful, even in the face of the Great Depression. Ford changed how cars were made. He brought assembly line efficiency to manufacturing and developed methods to be ...more
Henry Ford became a legend in car manufacturing, not only because of the company's profitability but also because of the many innovations it brought to the industry. Ford started the Detroit company in 1903 with $28,000 collected from 12 investors. Among those investors were John and Horace Dodge who went on to build their own company in 1914.
Books and movies have been produced about Henry Ford and the dynasty he began at the age of 40. History recognizes that it was as much management style and innovation inside Ford factories as it was product that made the company successful, even in the face of the Great Depression. Ford changed how cars were made. He brought assembly line efficiency to manufacturing and developed methods to be ...more