The annual awards recognize companies and individuals who have challenged the established rules and have taken calculated risks to drive their business forward in the face of current economic uncertainty.
“This is the third year of the FT ArcelorMittal Boldness in Business Awards and while the market remains undeniably challenging our shortlisted companies and individuals have displayed an inspiring ability to innovate and drive change. I would like to congratulate all of the winners for their dedication and boldness in driving their businesses above and beyond the competition,” said Lionel Barber, editor, Financial Times.
A beg factor in the decision to name Mulally as Person of the Year was the fact that Ford was the only one of the three automotive giants to without going into bankruptcy. According to an official press release, “Ford today is the most profitable car company in North America, having managed to change customer perceptions and earn a higher margin per vehicle sold.”
“Think of the decisions that faced Alan Mulally at Ford when he chose to radically restructure the business or the strength of vision that inspired Apple to be a pioneer in the tablet market. They have all taken challenging, perhaps at times controversial paths, but ones that have ultimately proved highly successful. It takes courage to do this and I hope these awards will act as an inspiration to others,” stated Lakshmi Mittal, Chairman and CEO, ArcelorMittal.
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