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Originally Posted by TheSpecialist
SO what are the CEO, Cfo, and every other management type going to concede?
It seems to me that without the autoworker you have no product to sell.
Who needs all the upper, and midlevel management?
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They should be the first to go, IMO. Its proven they can't run the company.
Ford did get a bit ahead of the curve by selling off some assets and raising cash in anticipation of tightening competition and slowing economy.They seem to be in the best shape of the three.
GM, heretofore known as "THE BLOB", did what blobs do best....nothing.
You want to read a good story about large scale corporate turnarounds, get "Who says elephants can't dance" by Lou Gerstner. Its about another "BLOB"(IBM) that got its head out of its ass and changed for the better. Should be required reading for the fools in management at the big three.