Word: petersen
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Yale Record: 4-6 Captain: Michael McMahon Scoring: Ed Petersen, 18.0 Travis McCready, 10.4 Rebounds: Dean Campbell, 6.7 Assists: Ed Petersen...
...Auto Workers in 1982 to create a comprehensive education and training program. At Ford Motor Co. alone, more than 8,500 of 106,000 blue-collar workers have since enrolled in basic-skills classes at the company's 50 learning centers in plants nationwide. Says Ford chairman Donald E. Petersen: "The prosperity of our business will depend on our ability to operate more and more like a learning enterprise...
...Ford has started to operate like a fully integrated global company. It has turned its technical facilities in five countries into what Petersen calls "centers of excellence." Each center is assigned projects that will benefit the company as a whole. Some of the facilities may work on a particular engine, while others may design and engineer common platforms -- the suspension and other undercarriage components -- for an entire family of autos. Ford of Europe, which has its headquarters in Brentwood, England, has been delegated to develop platforms for all three of Ford's compacts: the Tempo, the Topaz and the European...
...cooperation between labor and management. Last September the United Auto Workers union, which represents 104,000 Ford employees, agreed to accept a contract that calls for a moderate average wage increase of 3% this year. The pact includes concessions by both sides. The union said it would help Petersen achieve his goal of creating more Japanese-style teamwork. In exchange, Ford agreed to a provision that bars the company from laying off workers in all but the sharpest of economic downturns. Says Ford Executive Vice President Philip Benton: "The union has come a long way in recognizing the need...
...Petersen is focusing most of his attention, though, on ensuring that Ford offers a continuous stream of fresh cars. Some will be gussied-up versions of existing models -- known in the trade as "re-skins" -- while one will be a completely new model. Later this year the firm plans to unveil a Ford Thunderbird with styling resembling a BMW. Also in the works: face-lifts for the Ranger pickup and Bronco II sport-utility vehicle; a nip and tuck for the Taurus; a version of the Aerostar van that will stretch 15 in. longer than the current 14 1/2-ft. model...