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One of my favorite management maxims says to "lead, follow or get out of the way."
Ford Motor Co. (NYSE: F) just took that maxim to heart - on Monday replacing CEO Mark Fields with insider James Hackett.
I love this move.
We first gave you the lowdown on Hackett's very alluring track record and skill set a bit more than a year ago in the special briefing "With This One Hire, Ford Just Took the Lead in the 'Car-of-the-Future' Race."
Hackett had been serving on Ford's board of directors when Fields brought him on board to launch - and build - Ford Smart Mobility LLC, essentially an in-house incubator created to make sure the company stayed relevant in a future dominated by ridesharing, driverless autos and other "mobility" services.
We loved the move at the time. And Hackett didn't lollygag: Ford was soon making investments in transportation-tech startups, ramping up its experimentation and even announcing a deal to invest $1 billion over the next five years in a new driverless-car venture called Argo AI.
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