Fun Stuff Friday: Remembering Our History
One hundred and forty-seven years ago today, a man was born that would revolutionize the American economy, and forever change how people conducted business. His name was Henry Ford, and he built his business with unorthodox practices that still influence companies today.
His most significant contribution to the American economy was the assembly line, which through teamwork and delegating tasks allowed him to lower costs, improve quality, and produce more. In this day and age these characteristics can be just as powerful for businesses, and they are still present, especially in social media. This is because social media is a team effort that everyone must take part in to create an effective presence. Assigning different people to different channels and mediums of social media based on their skills is also an effective practice–one that is rooted in Ford’s production philosophy.
Ford also turned heads by paying wages that were around twice the industry average, by teaching employees to read and write, and by shortening the workweek. These practices significantly reduced worker turnover and simultaneously increased employee productivity and well-being. While our employers today are usually unable to pay us twice the norm, benefits like healthcare and 401Ks, educational reimbursement and employee development and training are widespread and help increase productivity and employee loyalty; all are results of the employment practices that began with Henry Ford.
Henry Ford’s success drove the wide adoption of his business practices. In the constantly changing environment of social media, differentiation is vitally necessary to be successful, and we can learn this lesson by looking back at Ford. Some of the most memorable recent social media campaigns (like the Old Spice video and Twitter campaign) were successful because, like Henry Ford, they were groundbreaking and different from anything that had ever been done before.
Henry Ford’s contributions to American business practice were influential and significant enough that it seems appropriate to recognize him today on his birthday. Whether he was organizing company picnics or implementing his assembly line, he was a transformative force for positive change in his workplace. Which characteristics of your workplace are related to Henry Ford’s? How have these helped to make your company and its employees successful?
Photo Credit: Khaane

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