Detroit's Been in Trouble Before - Why This Time Is Different [View article]
The Smith story keeps reminding me that Detroit will face severe competition which it had avoided with its product strategy from 1973 up until today. They do not innovate. That is a culture shift I do not think their management traditions can handle. They are bean counters, marketing men, not engineers; Mallaly excepted; finally. People will not purchase their stuff out of patriotism. GM may not survive here, but their Shanghai investment levels indicates they will as a Chinese company exporting product to America. We are subsidizing that evolution. Their treatment at the hands of Washington will make it happen quicker.
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The Smith story keeps reminding me that Detroit will face severe competition which it had avoided with its product strategy from 1973 up until today. They do not innovate. That is a culture shift I do not think their management traditions can handle. They are bean counters, marketing men, not engineers; Mallaly excepted; finally. People will not purchase their stuff out of patriotism. GM may not survive here, but their Shanghai investment levels indicates they will as a Chinese company exporting product to America. We are subsidizing that evolution. Their treatment at the hands of Washington will make it happen quicker.
Dec 14 09:16 am
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All Comments by Charles A. Boy Jr. »Detroit's Been in Trouble Before - Why This Time Is Different [View article]