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GM

What’s wrong with GM and what should be done about it? Is the industry even worth saving and who is responsible for this? Who has the strongest brand in the world, why, and what does that have to do with the GM situation? Listen to Alan rant on this podcast and find out.

 
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© Alan Weiss 2008. All rights reserved.

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Posted by Chad Barr - Alan's Blog Implementer & Moderator on November 18th, 2008 filed in Podcast Series: The Way I See It |

6 Responses to “GM”

  1. Elizabeth Gordon Says:
    November 18th, 2008 at 10:11 am

    I completely agree, Alan. It is useless and futile to artificially prop up an industry whose best years are behind it. The Big 3 automakers are going to fail, its inevitable. American taxpayers should not be forced to subsidize the complete incompetence of car manufacturers leadership and management. The free market should be allowed to work and these guys should fail, it is time. However, it increasingly appears that we will be made to provide life support, in which case, get everyone who is in charge out of there and make massive changes to the business. You can’t expect to go in a different direction if you keep following the same people, who continue to be rewarded despite their lack of performance.

  2. Dallon Christensen Says:
    November 19th, 2008 at 11:49 pm

    The American automakers have been a case study of mismanagement for over 30 years. I do not understand why the American taxpayer should pay for the sins of an industry that did not adequately plan for the high quality of Japanese cars (of course, it should have NEVER taken outside competitors to force the American automakers to think of quality as important) or for the inevitable backlash against carbon emissions.

    US Congressman Phil Hare (D-IL) said in today’s Quad-City Times, “If we don’t help (the so-called Big Three out), we’d go from recession to depression.” Of course, Hare comes from a district where the UAW still controls local politics, so Hare’s scare comments are typical of those that will eventually force passage of a ill-advised bailout.

    I’m sure that the restaurant industry will be next in line for a bailout if consumers continue to stay home and not eat out. Then what will Congress do? They have already set two precedents that are corroding the core of the greatest economic system in human history from the inside out.

  3. Alan Weiss Says:
    November 20th, 2008 at 9:59 am

    The three CEOs flew to the Congressional hearings in three corporate jets. I don’t think there’s any question any longer that these guys can’t be trusted with pocket change, let alone a bail out. Neither Dilbert nor Doonesbury could have created that ludicrous sight.

  4. Sam Says:
    November 22nd, 2008 at 3:23 pm

    “Genesis” had a song called “Land of Cunfusion” back in 1986. Aside from being an excellent song with brilliant video production and lyrics, it sends a very contemporary message. Land without accountability is the Land of Confusion.

    For those who are interested, music video is available on YouTube at http://www.youtube.com/watch?v=3MzShg7yXik. If you cannot make out who the two animated characters are, she is Meggie Thatcher and he is Ronnie Reagan.

  5. Amy Showalter Says:
    November 25th, 2008 at 10:56 am

    Bravo, bravo!

    Regarding the auto exec’s congressional testimony, many of my clients prepare their executives for such encounters with state and federal lawmakers. They are very aware of the importance of appearances and advise their leadership of various lawmaker sensitivities in that regard.

    The fact that the auto exec’s decided to use their corporate jets was yet another example of “tired ears.” I’m fairly certain that their government relations & PR staff advised them to play down any appearances of corporate excess.

    The exec’s didn’t listen to them, and it’s probably a small manifestation of a broader management style that is not attuned to what customers want, which got them in this mess, along with ghastly union negotiating “skills.”

  6. Alan Weiss Says:
    November 25th, 2008 at 12:26 pm

    Why on earth do people believe that just because someone makes a ton of money and has a nice office that they’re the least bit intelligent? I’ve seen too many dolts in corner offices over the years. There is a reason the US automakers don’t compete with Asian and European automakers: Dumb-ass, stupid management.

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