I agree with the Markham Lee completely. The US car industry has been slow to accept the reality that drastic change is needed. Year after year we have watched as Toyota, Honda and almost every other competitor has stolen market share and produced superior products. The years of the domestic car company's surviving based upon blind nationalistic loyalty are over. The only hope the current investors have is to replace entire levels of management with a new generation of forward thinking leaders. F and GM need silicon valley management if they hope to survive the next 10 years. The present group of rusty dinosaurs need to retire or move into the oil industry where status quo management is acceptable.
These two giants are on their way out. Act accordingly.
Ford’s 'Surprise' Announcement [View article]
These two giants are on their way out. Act accordingly.
Best Regards,
Nice article.