Bob Lutz, formerly Vice-Chairman of GM: “We’re not tough enough in the way we run our businesses.” Business has become the expression of failed social experiment. He mentions China (once), but the value of this video is the commentary on American business executives, especially in the auto business — CEOs haven’t been autocratic enough.
He notes an extraordinary change in focus of the automakers and resulting quality improvements.
The Video: Bob Lutz, Ex-GM, on the Failure of Feely-Dooly Bureaucracy by AsiaBizBlog, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
