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New GM Chairman:"I Don't Know Anything About Cars"  
User currently offlineFreequentFlier From United States of America, joined Feb 2007, 900 posts, RR: 12
Posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3738 times:

http://www.bloomberg.com/apps/news?pid=20601109&sid=aQ._YJhEj_Jo

THIS is the best the administration could come up with?? Gee, what could possibly go wrong?  Yeah sure

The country's in the very best of hands.

69 replies: All unread, showing first 25:
 
User currently offlineFalcon84 From , joined Dec 1969, posts, RR:
Reply 1, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3722 times:

As usual, making a mountain out of a molehill.

The CEO doesn't make the cars; he doesn't design the cars; he doesn't market it. He hires people who do that for a living for him. He runs the company, and tries to make good financial decisions for the company, and steer it the right way.

An example: Robert Kraft, the owner of the New England Patriots, runs a company that is very diversified, and operates in 82 countries. He's been running that company for years. He bought the Patriots, and I doubt he had much NFL experience before that. But being a good businessman, he hired the right people to run the football team-football people. That's his job-to hire the best people. He doesn't have to be an expert in the field.

Same with any other company. Gordon Bethune had never run an airline til he took over CO, and turned it into a damn good airline, didn't he?

Again, this is bitching simply to bitch about the President-which is all you ever do on this forum anymore. You want someone who can run a business. The guy who runs the business is tasked with hiring the best people to make the product.

But then again, you know that. Don't act like you don't. You just are using it as a tool to do what you do best-bitch about this administration.

And the act is getting REAL old.


User currently offlineYellowstone From United States of America, joined Aug 2006, 3071 posts, RR: 4
Reply 2, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3717 times:



Quoting FreequentFlier (Thread starter):
THIS is the best the administration could come up with?? Gee, what could possibly go wrong?

The country's in the very best of hands.

The guy did build SBC Communications into one of the largest telecom companies in the world--it's now AT&T, remember. Clearly he's a pretty phenomenally successful businessman, and those skills are definitely transferable to GM. Also recall that Alan Mullaly, the CEO of Ford, worked for Boeing for his entire career before moving to Ford. He had just as much experience as Whitacre with running an auto company, yet has managed to keep Ford on track through the economic downturn.



Hydrogen is an odorless, colorless gas which, given enough time, turns into people.
User currently offlineYellowstone From United States of America, joined Aug 2006, 3071 posts, RR: 4
Reply 3, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3713 times:



Quoting Falcon84 (Reply 1):
The CEO doesn't make the cars; he doesn't design the cars; he doesn't market it.

And Whitacre isn't going to be the CEO--he's going to be the chairman of the board of directors. So he will have even less of a direct role in managing the company.



Hydrogen is an odorless, colorless gas which, given enough time, turns into people.
User currently offlineTugger From United States of America, joined Apr 2006, 5608 posts, RR: 8
Reply 4, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3704 times:



Quoting FreequentFlier (Thread starter):
THIS is the best the administration could come up with?? Gee, what could possibly go wrong? Yeah sure

I believe they said the exact same thing about a CEO that was selected a couple years ago from outside the auto industry. He knew little about the industry and many said he was not a good choice. Of course we here at this site were both bummed that he was selected but knew that he could do very well.

And it turns out Ford made the right choice.... and Alan Mulally has done exceptionally well! Unlike those that were very familiar with the auto industry and came from within the industry and ran Chrysler and GM into the ground.

So cut the guy some slack, let him pull his team together, and see how well he manages the organization. That's what make a good CEO.

Tugg



I don’t know that I am unafraid to be myself, but it is hard to be somebody else. -W. Shatner
User currently offlineL-188 From United States of America, joined Jul 1999, 29799 posts, RR: 58
Reply 5, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3699 times:



Quoting Falcon84 (Reply 1):
Gordon Bethune had never run an airline til he took over CO, and turned it into a damn good airline, didn't he?

I have a feeling that Frank Lorenzo might make a better comparison.



OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
User currently offlineAaron747 From Japan, joined Aug 2003, 8153 posts, RR: 26
Reply 6, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3700 times:



Quoting FreequentFlier (Thread starter):
The country's in the very best of hands.

You know, partisanship is really not becoming of anyone. For all the intellectually worthy things you post, this is just a shot in the foot. Anyone who knows anything about business recognizes that fresh minds are often the best way to give companies a new direction. There are myriad examples already posted here. Keep in mind that Scott McNealy, who knew nothing about programming, hardware, or data storage, came out of Stanford MBA school and turned Sun Microsystems into a global multibillion dollar supplier of high end equipment in less than ten years.

It's nice to actually hold water when you're going to tear someone down.



If you need someone to blame / throw a rock in the air / you'll hit someone guilty
User currently offlineCws818 From United States of America, joined Aug 2008, 1176 posts, RR: 2
Reply 7, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3696 times:



Quoting L-188 (Reply 6):
I have a feeling that Frank Lorenzo might make a better comparison.

I fail to see how. The new GM chairman has a record of success in an executive role.



volgende halte...Station Hollands Spoor
User currently offlineGreaser From Bahamas, joined Jan 2004, 1101 posts, RR: 3
Reply 8, posted (5 years 3 months 1 week 5 days 7 hours ago) and read 3698 times:

I don't see what's the big point. The GM CEO often has too many things besides car design for him to worry about. That's what the car design teams are for, so that he need not worry about it. Mulally has no connection with cars besides Ford, and neither do many top CEOs. It's all about running the company, and to be honest many CEO positions do not require specific industry degrees, again that's what a COO is for, if even he or she has one.


Now you're really flying
User currently offlineBMI727 From United States of America, joined Feb 2009, 15744 posts, RR: 27
Reply 9, posted (5 years 3 months 1 week 5 days 6 hours ago) and read 3685 times:



Quoting Falcon84 (Reply 1):
Same with any other company. Gordon Bethune had never run an airline til he took over CO, and turned it into a damn good airline, didn't he?

Bethune was trained as an engineer.

Quoting L-188 (Reply 6):
I have a feeling that Frank Lorenzo might make a better comparison.

I agree. How well did that turn out.

Quoting Falcon84 (Reply 1):
The CEO doesn't make the cars; he doesn't design the cars; he doesn't market it. He hires people who do that for a living for him. He runs the company, and tries to make good financial decisions for the company, and steer it the right way.

But he does oversee those who do? If he doesn't know cars and has never worked with cars, how will he know what is right and what is wrong? Plus, do you think that doctors would like to take their orders from people who have no idea what being a doctor is like and have never worked in a hospital?

The bottom line is that GM is now screwed. This is how they got in such a mess in the first place. It all started to go downhill when the finance weenies wrenched control from the car guys. They had no idea what the difference between a Chevy and a Cadillac was, all they knew was that the volume knob from Chevy was $1.00 cheaper than the one from Cadillac, so they used that for Caddies too.

If you want to make money making cars, you have to have people who know about cars calling the shots.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineUAXDXer From United States of America, joined Jul 2004, 765 posts, RR: 3
Reply 10, posted (5 years 3 months 1 week 5 days 5 hours ago) and read 3664 times:

You have to admit that this wasn't the smartest thing to say right out of the door. He must have been spending some quality time with Biden.


It takes a bug to hit a windsheild but it takes guts to stick
User currently offlineRevelation From United States of America, joined Feb 2005, 12562 posts, RR: 25
Reply 11, posted (5 years 3 months 1 week 5 days 5 hours ago) and read 3656 times:



Quoting FreequentFlier (Thread starter):
THIS is the best the administration could come up with?? Gee, what could possibly go wrong?

I think your statement says more about you than Mr. Whitacre.

Quoting BMI727 (Reply 10):
If you want to make money making cars, you have to have people who know about cars calling the shots.

And the last few GM CEOs were all hired from within - how did that work out?

Face it, the both of you are poised to crap all over whatever this administration does. Unfortunately for you, most of the electorate disagrees with you. Keep going with your close minded negativity, and continue to not come up with any real ideas of your own, it'll get you a very similar electoral result next time.



Inspiration, move me brightly!
User currently offlineBMI727 From United States of America, joined Feb 2009, 15744 posts, RR: 27
Reply 12, posted (5 years 3 months 1 week 5 days 5 hours ago) and read 3645 times:



Quoting Revelation (Reply 12):
Face it, the both of you are poised to crap all over whatever this administration does.

This isn't about politics. This is about the right way to run a car company. I would love to see GM return to its former glory. I don't think Obama needs to be the one to do it, but I do want GM to succeed. I have made numerous posts detailing what I think GM has done wrong and what cars I would use to fix it. This is not about politics.

Quoting Revelation (Reply 12):
Keep going with your close minded negativity, and continue to not come up with any real ideas of your own,

Just about every well run car company came up with the idea before I did. You need car people to build cars. Letting too many accountants have too much say in how a car is built is a great way to build a thoroughly crappy car.

Quoting Revelation (Reply 12):
And the last few GM CEOs were all hired from within - how did that work out?

It isn't about the company, it is about training and mindset. Lutz and Wagoner have their educations in management and economics respectively. This new guy Henderson is a finance dork too, so I expect nothing better.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineRevelation From United States of America, joined Feb 2005, 12562 posts, RR: 25
Reply 13, posted (5 years 3 months 1 week 5 days 4 hours ago) and read 3633 times:



Quoting BMI727 (Reply 13):
You need car people to build cars.

Tell that to Mulally at Ford. Somehow he hit the ground running and realized things needed to change big time before the spam hit the fan. Your "car guys" aren't doing so well, eh?

The guy running my company hasn't written a line of code or designed a circuit ever. In fact his training is in the law. But he kicks ass as a CEO!



Inspiration, move me brightly!
User currently offlineBMI727 From United States of America, joined Feb 2009, 15744 posts, RR: 27
Reply 14, posted (5 years 3 months 1 week 5 days 4 hours ago) and read 3623 times:



Quoting Revelation (Reply 14):
Tell that to Mulally at Ford.

You are making my case for me. His first degree was in engineering. Clearly he knows what it takes to build quality stuff and isn't just some accountant trying to find a cheaper floormat.

Quoting Revelation (Reply 14):
The guy running my company hasn't written a line of code or designed a circuit ever.

I think that is an apples to oranges comparison. Are programmers being pressured to use lower quality code by the finance people? Do people have to justify why their programs are the way that they are and are made more cheaply?



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineRevelation From United States of America, joined Feb 2005, 12562 posts, RR: 25
Reply 15, posted (5 years 3 months 1 week 5 days 4 hours ago) and read 3618 times:



Quoting BMI727 (Reply 15):
You are making my case for me. His first degree was in engineering. Clearly he knows what it takes to build quality stuff and isn't just some accountant trying to find a cheaper floormat.

But he is definitely not a "car guy".

There's a big difference between Ford and Boeing.

Ford ships many orders of magnitude more units per year, its products cost many orders of magnitude less, it has many orders of magnitudes more workers and suppliers, its products never leave the ground, etc.

Boeing might be able to afford the expensive floormats, but at Ford it's a totally different equation.

You can't say GM needs a "car guy" to run the place when it's clear that folks that aren't "car guys" can do very well indeed. You just want a way to crap on the current administration.

Quoting BMI727 (Reply 15):

I think that is an apples to oranges comparison. Are programmers being pressured to use lower quality code by the finance people?

Yes. The pressure takes the form of accepting less code review time and less testing time.

Quoting BMI727 (Reply 15):
Do people have to justify why their programs are the way that they are and are made more cheaply?

Sure, we have to justfiy all the time why our work doesn't get outsourced to India or China, where they can still get 3 engineers for each one they can get in the USA.

I have heard our CEO say he has a hard time explaining to the shareholders why we have engineering in the USA when we can get engineers at 1/3rd the price offshore. And it's a damn good question.

In my company, the minute a product is "mature", it will get shipped off to India or China. We still feel that during development phase it's best to keep stuff in the US where the lines of communication between engineering ane marketing are shorter. Other companies I know that deal in more mature technology are more aggressive.



Inspiration, move me brightly!
User currently offlineBMI727 From United States of America, joined Feb 2009, 15744 posts, RR: 27
Reply 16, posted (5 years 3 months 1 week 5 days 3 hours ago) and read 3609 times:



Quoting Revelation (Reply 16):
There's a big difference between Ford and Boeing.

Yes, but both need to ensure that a quality product is rolling out the door. Boeing does this pretty well, but Ford has failed. The best person to make sure that a good product is rolling off the line is an engineer.

Quoting Revelation (Reply 16):
In my company, the minute a product is "mature", it will get shipped off to India or China.

Good for your company. You are lucky that you CEO, however he is trained, gets it. The same can't be said for many of the clowns who have been at the helm of the Big Three (and many airlines) in the last few decades.

Quite frankly, American automakers needed to have started serious outsourcing yesterday. There is no good reason for them (or me, now that I'm technically a shareholder) to continue to pay union workers to do what could be done overseas for far less.

Quoting Revelation (Reply 16):
You just want a way to crap on the current administration.

When did this become political? I would say the same about this no matter who is the man behind the curtain.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineRevelation From United States of America, joined Feb 2005, 12562 posts, RR: 25
Reply 17, posted (5 years 3 months 1 week 5 days 3 hours ago) and read 3596 times:



Quoting BMI727 (Reply 17):
Yes, but both need to ensure that a quality product is rolling out the door. Boeing does this pretty well, but Ford has failed. The best person to make sure that a good product is rolling off the line is an engineer.

That's way too simple minded.

As I said, my CEO is trained as a lawyer. In his previous life, he dealt with lawsuits from pissed off customers due to poor quality. He really didn't need to know how to write a line of code, or design a circuit, or work a machine tool, to institute programs that improved quality with time. As much as engineers quibble about metrics (and I have been paid to do engineering for over 25 years now), the bottom line is simple things like measuring how many days it takes you to resolve a customer found issue, and then finding ways to reduce that time, do matter, and don't take an engineer to figure.

Quoting BMI727 (Reply 17):
Quite frankly, American automakers needed to have started serious outsourcing yesterday. There is no good reason for them (or me, now that I'm technically a shareholder) to continue to pay union workers to do what could be done overseas for far less.

Wrong. It's easy to outsource when we are talking about intellectual property that passes across borders transparently. It's a lot harder to outsource things that involve tangible things, from the US perspective. Why do you think we outsource lots of intellectual property things to India, but Japan and Germany outsources lots of auto manufacturing to the US? Answer: the rules are totally different.

Quoting BMI727 (Reply 17):
When did this become political? I would say the same about this no matter who is the man behind the curtain.

Ok, I surrender. I was starting with the thread starters point of view and projecting it onto you, which I now realize wasn't fair after reviewing your postings on this thread. So, I was wrong, and I apologize.



Inspiration, move me brightly!
User currently offlineBMI727 From United States of America, joined Feb 2009, 15744 posts, RR: 27
Reply 18, posted (5 years 3 months 1 week 5 days 2 hours ago) and read 3591 times:



Quoting Revelation (Reply 18):
That's way too simple minded.

Perhaps, but who else besides the accountants would allow and encourage the half-baked badge engineering that went on at GM? I doubt that it was an engineer's idea to put a Chevy's radio in a Cadillac, or have three separate versions of the same mediocre minivan, each with their own various confusing trim levels.

Quoting Revelation (Reply 18):
Wrong.

I did forget the differences between material objects and IP. But the fact remains that the costs of American manufacturers have gotten out of control.

Quoting Revelation (Reply 18):
Ok, I surrender. I was starting with the thread starters point of view and projecting it onto you, which I now realize wasn't fair after reviewing your postings on this thread. So, I was wrong, and I apologize.

Some people do try to make this political, which it really shouldn't be. The guy did come out and say that he doesn't know something, so he obviously isn't a politician.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineRevelation From United States of America, joined Feb 2005, 12562 posts, RR: 25
Reply 19, posted (5 years 3 months 1 week 5 days 2 hours ago) and read 3581 times:



Quoting BMI727 (Reply 19):
The guy did come out and say that he doesn't know something, so he obviously isn't a politician.

It's a common tactic. I've had several execs take on a new task and tell everyone they know nothing. It enables everyone to put up with every dumb question that any newcomer regardless of rank would have.

BTW, if it makes you feel better, the article in the thread starter says Whitacre has a degree in Industrial Engineering.



Inspiration, move me brightly!
User currently offlineDreadnought From United States of America, joined Feb 2008, 8841 posts, RR: 24
Reply 20, posted (5 years 3 months 1 week 5 days ago) and read 3551 times:



Quoting Falcon84 (Reply 1):
As usual, making a mountain out of a molehill.

The CEO doesn't make the cars; he doesn't design the cars; he doesn't market it. He hires people who do that for a living for him. He runs the company, and tries to make good financial decisions for the company, and steer it the right way.



Quoting Yellowstone (Reply 2):
The guy did build SBC Communications into one of the largest telecom companies in the world--it's now AT&T, remember. Clearly he's a pretty phenomenally successful businessman, and those skills are definitely transferable to GM.

 redflag 

Whitacre is from the telecom industry, and is moving to a manufacturing company. As someone who made the reverse move myself, working in management for a manufacturing company for nearly 20 years before making a switch to the telecom industry I am in now, I can assure you that these are two EXTREMELY different industries, with very little in common. Whitacre will spend the next couple of years simply learning the business. GM would have been better off getting a CEO from a cigarette or bubble-gum company - the move from FMCG (fast-moving consumer goods) to capital goods (like cars) would be much easier.

This is the typical sort of arrogance we are seeing from this government, putting people in charge of industries who don't have a clue about them, from the 31-year old Yale dropout in charge of the Chrysler/GM restructuring, to the strongarm mafia tactics they used against the banks. They use gag orders to ensure that their victims are not allowed to talk to the press, including the owners and employees of the thousands of dealers they are shutting down. We are going dangerously close to fascism, IMHO. Limited to a couple of industries for now, but where will it stop?



Veni Vidi Castratavi Illegitimos
User currently offlineNIKV69 From , joined Dec 1969, posts, RR:
Reply 21, posted (5 years 3 months 1 week 4 days 23 hours ago) and read 3541 times:



Quoting Falcon84 (Reply 1):
The CEO doesn't make the cars; he doesn't design the cars; he doesn't market it. He hires people who do that for a living for him. He runs the company, and tries to make good financial decisions for the company, and steer it the right way.

Well judging how good the last CEO did this guy should be great. At this point GM is done. No matter how much the Obama administration does will not help. GM killed themselves with poor decisions and kneeling to the a horrible union. Nothing can undo the last 20 years and people will only buy Japanese and foreign now. Game over but good try by Obama.


User currently offlineAaron747 From Japan, joined Aug 2003, 8153 posts, RR: 26
Reply 22, posted (5 years 3 months 1 week 4 days 22 hours ago) and read 3518 times:



Quoting NIKV69 (Reply 22):
Game over but good try by Obama.

Either this is warped sarcasm or you just actually used 'good' and 'Obama' in the same sentence and context. Perhaps the Partisan Iron Curtain is falling??  boggled 

Unfortunately, I can't agree with you as this is one of my largest issues with this administration. GM didn't need saving - they needed failing. Say what you will about saving jobs - they're on the way out one way or another.

Quoting Dreadnought (Reply 21):
We are going dangerously close to fascism, IMHO.

Whoa boy - better make a run for it Charles! Get abroad again while you still can. You want fascism? The Japanese government tells the local steel and tooling industries which companies and countries they can sell to - and they do it contractually so that it's under the radar. They tell prefectures they have to build airports because of Transport Ministry 'findings of market need', but the citizens in the areas paying for it never get to vote on it.

It's really time to get past these histrionics. As a trained economist myself, I find all of this becoming rather annoying.. One week it's communism, the next it's socialism, the next it's fascism. Can we at least get straight which -ism it actually is?

Quoting Dreadnought (Reply 21):
They use gag orders to ensure that their victims are not allowed to talk to the press, including the owners and employees of the thousands of dealers they are shutting down.

What does it matter so long as more members of the Ivy League club get to keep their livelihoods? Don't forget that the folks running the companies being "saved", their lawyers, Team Obama and much of the previous administration all went to the same idea-cabal institutions that spawn this crap. They know we can't do anything about it.



If you need someone to blame / throw a rock in the air / you'll hit someone guilty
User currently offlineDazed767 From United States of America, joined May 1999, 5498 posts, RR: 51
Reply 23, posted (5 years 3 months 1 week 4 days 22 hours ago) and read 3515 times:



Quoting Falcon84 (Reply 1):
You just are using it as a tool to do what you do best-bitch about this administration.
And the act is getting REAL old.

And it will never stop, which is fine, we're all entitled to our opinions. Our republican extremist buddies on here refused to give him a chance since day 1. I rarely post on here, but I notice it's the same people who are the first to post and whine about the administration any chance they get, and your right, it's old. Seriously, grow up.


User currently offlineLH526 From Germany, joined Aug 2000, 2369 posts, RR: 14
Reply 24, posted (5 years 3 months 1 week 4 days 22 hours ago) and read 3507 times:
AIRLINERS.NET CREW
FORUM MODERATOR

Well, his predecessors seemed to know a lot about cars and look where GM is right about now! ... Can't get any worse, so maybe bring someone wihtout car knowledge to the lead .. there can only be improvement.


Trittst im Morgenrot daher, seh ich dich im Strahlenmeer ...
25 Mt99 : Maybe we should put "Bob the mechanic" in charge. The guy down the street from my house can assemble an engine with his eye closed. Will that make hi
26 FreequentFlier : Wow, this post has really brought up a lot of the Obama apologists out of the woodwork hasn't it? First, to say we never gave him a chance is fallacy
27 Mt99 : presumably So you argument is invalid?
28 YOWza : As others have pointed out his job is to get the right people and pieces in place to help GM. Him not being a "car guy" is totally irrelevant. Given t
29 EA772LR : Which is EXACTLY where American business went wrong. It used be that the CEO of said company new how the product functioned inside and out. He worked
30 NIKV69 : Little of both, I mean you knew GM had no shot of getting out of the hole with the money we gave them but I have to admit I think Obama handled it be
31 EA772LR : Actually probably so. What you're saying is essentially the same thing that Holiday Inn Express advertises..."I stayed in a Holiday Inn Express last
32 Post contains links Mt99 : Think about GE. What does it produce? Television Shows (NBC), Jet Engines, Medical Equipment, Banking, Wind Turbines, Gas Turbines, Appliances, http:
33 Post contains images Falcon84 : On the canvas Charles goes! The same people arguing that this is a bad mood have one thing in common-they hate Obama. They are not making their disli
34 Mir : Yes, because the job of the GM CEO (or chairman of the board, as the case may be) is definitely going to involve tweaking the designs to minimize win
35 EA772LR : Well having an MBA doesn't mean you know how to run a business either, especially one you know nothing about. In my business, professional audio, one
36 Dreadnought : Sounds familiar. We are starting to have the same here. All three are varying forms of another "-ism", which is statism - the idea that the state kno
37 Mt99 : Of course. 3/4ths of the battle is knowing that there is a difference. So you are saying that never in the history of companis there has never been a
38 Dreadnought : Of course not. But it just makes the job that much harder. There are plenty of branded durable goods companies out there that you could steal CEOs fr
39 Mt99 : You agree with me, yet you dont point out this fact to your buddies here. You keep quiet. You never mention Lou Gerstner success until now. From Cook
40 Mir : I agree. So, let's review what we know: The new GM chairman has an MBA, which might or might not make him qualified. He also has a degree in industri
41 MadameConcorde : When I first read this yesterday I thought it was weird. Then I said to myself, the most important is that this chosen person will run the company pr
42 EA772LR : I can agree with that. I think while FF may have jumped the gun a bit with this new guy, I can certainly understand where he comes from. I've seen my
43 Mt99 : He is a hysterical Anti-Obama. Standby for the following: his posting of the chart that shows the government debt, mention of Obama's trips, some men
44 EA772LR : Could he not say that you're hysterically Pro-Obama? What's with you guys and the personal attacks on eachother? He disagrees with you, you disagree
45 Dreadnought : Uh, I just did... They might also have noted the similarities between the industries and that most of the skills are transferable. GE is a special ca
46 Mt99 : You could have mentioned him on Reply 20.. right before you said: So it was between Reply 20 and Reply 46 that you learned about him? Or are you just
47 Mir : It's not like the auto industry is devoid of regulations, though. I understand the reservation about the telecom industry, but I still don't believe
48 Dreadnought : When the taxpayers have ponied up some $80 billion in total for GM, I think we should expect the best CEO money could buy, even if it means bringing
49 Cws818 : This is a bit of hyperbole and exaggeration run wild, don't you think? When you refer to someone as a "dropout" from a university, it generally implie
50 DL021 : Ford and Boeing are alot alike. Both are heavy industrial manufacturing and sales concerns. Boeing redesigned it's assembly lines using Toyota taught
51 Dreadnought : Some have refused the gag order, but then are on their own when trying to sell off their remaining inventory. In either case, their businesses are be
52 Lincoln : Oh, my God. The world is going to end. I actually agree with Falcon on something. My Dad is in upper/upper-middle management [primarially with a logi
53 DXing : Truth, if the guy tanks what's the worst that happens, the inevitable is just delayed a little longer. Uh most? A small majority yes, most, hardly.
54 Falcon84 : Saying it's a poor decision when no one knows what it will be is a sure sign of a lack of flexibility in one's thinking on the subject, Ian. There ha
55 Post contains links Tugger : Sorry this kind of silly nit picking aggravates me, why argue a silly point like this? Here let me nit pick too: Definition: most 1 : greatest in qua
56 DXing : Do you call 53% of your paycheck "most" of your paycheck? I love it when some members try to turn a 3% win into some sort of ground swell over the to
57 RayChuang : Sheesh. Sometimes, it's actually GOOD to have a true outsider with great managerial skills to take over a company--it brings a new perspective that co
58 FreequentFlier : And this is the crux on the matter as I alluded to in my original post. Given that all of us are now de factor shareholders of GM since we have poure
59 EA772LR : I'd sure like to know these answers as well... Ever seen the Howard Stern interviews in Harlem? He flip flopped Obama and McCain's policies and the p
60 LMP737 : Does pointing out that there are CEO's are succesfull who have little or no experience in the industires their companies are in mean one is an apolog
61 DL021 : I havent called it a failure. I think it's a poorly made decision based on the factors involved. The guy has no experience in that industry, or in an
62 LMP737 : For every Leo Mullin there's a Frank Lorenzo. Someone with a lot of experience who destroys everything he touches as CEO. Or a Herb Kelleher, a lawye
63 Falcon84 : Sorry, but I'll call Bravo Sierra on that one. You clearly can't stand him, and this thread is living proof of it. Be a man and admit it. You're so f
64 Yellowstone : Once again, Whitacre is not going to be the CEO of GM, but rather the Chairman of the Board of Directors. The distinction is important, I think - Whit
65 Dreadnought : OK, I was under the impression he would be Chairman & CEO. I agree with you that the Chair does not need the same sort of industry experience.
66 Mayor : Ok.......I'm as guilty as most on this board because without actually having read the article (I have, now) my assumption, based on the threads, was t
67 QANTAS077 : not quite champ, GM's woes stem more from unions and the long term payouts in health care and pension plans. They were covering the health costs of o
68 BMI727 : I agree that the GM cost structure has gotten out of control, but it isn't like thay have been making good cars but have just been hamstrung by marke
69 Post contains links FreequentFlier : Again, no I can honestly say I don't personally dislike him. I can separate the politics from the personal. There does seem to be an awful lot of pro
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