Ford, Henry: Other Accomplishments and Controversies
Other Accomplishments and Controversies
His numerous philanthropies, in addition to the Ford Foundation, included $7.5 million for the Henry Ford Hospital in Detroit and $5 million for a museum in Dearborn, where in 1933 he established Greenfield Village—a reproduction of an early American village. Ford also wrote, in collaboration with Samuel Crowther,
Ford's international reputation made him a natural target for journalists. His libel suit against the Chicago
Ford was also a poor manager who failed to capitalize on his company's early success. In the 1920s he failed to respond to consumer tastes by introducing new models and the company fell far behind General Motors. By the time of his retirement, the company's accounting procedures were so primitive that Ford's managers were unable to accurately tell how much it cost to manufacture a car and the company was losing $9.5 million a month.
Sections in this article:
- Later Generations
- Other Accomplishments and Controversies
- Later Years
- The Inception of the Ford Motor Company
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