As a business improvement consultant, this makes me sick.
Shame on Ford, GM & Chrysler management. Shame. Shame. Shame.
Bail them out? Sure, on condition that the entire upper management of all three companies is canned with no further bonuses, golden parachutes, stock options or any other perks. Give the whole lot pink slips and a month’s pay at the average salary of those they laid off.
Listen closely. If we continue to tolerate lousy, inept and dare I say, crooked, management of our industrial base, we’ll lose our way of life very soon.
Chris Reich, Author of TeachU’s Business Talk Blog