Sunday, December 2, 2012

RUBBISH! we’re still the us sales leader

GM should file for bankruptcy -(JACK WELCH) RUBBISH! we’re still the us sales leader (RICK WAGONER)

Rick’s apology [read full text in the next section] was released exclusively in India to B&E on December 9, 2008, and is perhaps the first public acceptance about Rick’s and GM’s massive failures. This is a far cry from the confident Rick B&E had met last year, or the powerful Henderson [GM, Global President] whom we met a few weeks back. Evidently, for the first time, GM was ready to lower their highbrows and accept that the tried and trusted ‘legacy’ business strategy of GM had backfired like nobody’s business!

Unfortunately, Wagoner finds himself right at the top of the heap, getting clubbed by angry shareholders and disgusted critics during the most difficult times in the automotive behemoth’s 100-year history. But we should say, of his own (un)doing! “The only reason why the biggest tribes end is because they start dying from within...” This NatGeo epitaph could well have been superimposed on GM today! And even though Wagoner and his team are blaming “the volatile times,” they cannot but escape the blame of sidelining many ‘urgent and visible’ restructuring issues at hand that has brought the main troubles for the corporation. Today, just as he stands before the US Congress, requesting for a capital infusion of $18 billion, Wagoner – who took office in 2001 – is in the thick of a merciless sandstorm, and almost everybody’s baying for his blood! Well, almost... For strangely, we don’t want him out. In fact, we’d just love him to hang around and drop by the GM offices whenever he wishes. Umm, as we shallowly promised, here are the five reasons why we simply love Rick the Wagoner [did we get it right?]. Rick, these five are for you:


Source : IIPM Editorial, 2012.An Initiative of IIPM, Malay Chaudhuri

For More IIPM Info, Visit below mentioned IIPM articles.

Posted by at
Labels: , , , , , , , , , , , , ,