Last week, Mitt Romney made an appeal for bankruptcy for the Big 3 was the only way to allow them to survive.
This blog will make you feel even more unsure that even that will help without a change in the executive culture, at least for GM.
I'll admit I'm not sure what the answer is, but it most definitely should not involve the current leadership of these companies (or their private jets).
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I am not sure what the answer is either.
For labor union reasons, I hope that the Big 3 do not disappear.
The article is both interesting and scary as this management style is opposite of what they teach in business school. The CEO is the manager, but he is not an expert in anything. He has to get his information from the people doing the work in the various departments, put it all together, and then decide...
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