Ford Motor Co (NYSE: F) announced that it won't be seeing profits in 2009, but rather will be striving to break even after cutting it's production goals for the coming year.
Despite encouraging first-quarter 2008 results, the company said that changes in industry volume, demand, and commodity prices will be the reason for next year's downturn.
Even though Ford has admitted to less than stellar result in 2009, it's still likely that the company's leadership team is scrambling to make sure that next years earning aren't even worse than expected. NewsVisual generated an IntellectSpace Knowledge Map to highlight some of the key corporate relationships that could provide lines for growth.
The Knowledge Map shows noteworthy connections held by Director John L Thornton, who is the Chairman of the Board of Trustees of the Brookings Institution as well as a Director for News Corp, Intel Inc, the China Netcom Group Corp Ltd, and the Industrial Commercial Bank of China Ltd.
Other Ford Directors may also become critical players in the next year thanks to their corporate experience and networks:
Director Ellen R Marram serves on the boards of The New York Times Co, Cadbury Schweppes Plc, and Eli Lilly; Director Stephen G Butler serves on the boards of Cooper Industries Ltd and ConAgra Foods Inc; and Director Richard A Manoogian is also the CEO/Chairman of Masco Corp.
Ford may be feeling the pressure after its latest announcement, but strong industry relationships could offer key advantages in overcoming its predicted losses.
