I had to google to find out who Mullaly is.
And frankly, Jobs having his vision for years (check out his 1997 WWDC video) and bringing it into fruition looks much much more impressive to me than some cost cutting.
It's hard to argue that there's anyone better than Steve's vision. But Steve also did some cost cutting when he took over Apple (when it was a few months away from bankruptcy).
We all know what Steve would have done if he took over Ford:
1) Elminate all models with the exception of a few. Alan sold off Land Rover, Aston Martin, Volvo and a few others. He also closed Mercury.
2) Take those models and offer one or two different versions of it and offer it in two colors--black or white.
3) Put an emphasis on design. You'll notice that Ford's cars are now much more diverse and much more attractive.
4) Focus on reliability. Again, Alan did the same thing with Ford. He took the engineers to consumer reports and had them scrutinize their reliability right in front of the engineers.
I hope I'm making a point. Steve would of likely did the same thing Alan's done at Ford. Alan would have likely did the same thing Steve's done at Apple. Maybe not quite as good as Steve's done it, but very similar.
