David Cole
David Cole
deal employment great include job meaning plan similar
The plan will include a great deal of white-collar job cuts. Ford's white-collar employment is similar to GM's, meaning it's disproportionately high.
basically community concerned decidedly financial focused looking meet profit settle
What they're really looking at is the long-term implications of this. In the past, there was a decidedly short-term mentality, and basically what (GM) would say is we'll settle so we can meet our quarterly profit projections. That's different today. The financial community is concerned about the short-term return?but what they're focused on is the long-term profitability.
behind companies crazy ideas might phase type
We're just in experimental phase right now. As long as we're in that type of phase, it's a crazy time. You know we'll get there (profitability) and get there fast. But the ideas that are not out there yet, and the companies that will be behind them, might be the real winners.
clock five fortunate jerry moving next played quickly six time
We're in a time where the clock is moving much more quickly on GM. I think they're fortunate to have Jerry because this thing is going to be played out in the next six months, not the next five years.
company
This will not be the only company where you're going to see this kind of comment.
disconnect market
We've got a real disconnect right now between our market and our educational system.
broader court happy provisions struck three troubled
We're happy that the court has struck these three provisions down, but we're still troubled by the broader expanse of the statute.
pricing small type
In a small vehicle, pricing is a pretty dicey type of thing.
dot limited rails resources work
As DOT we would like to do it all - have rails and have trails, too. But we have to work with the resources we have. And we have limited funding.
hollywood murphy oil period picking profitable tom
There was the oil issue, a lot of different things going on with policy, safety, regulatory influence, but it was still a very profitable period for G.M.. If Hollywood were picking someone to play that role, Tom Murphy would have been it.
parts people rick surround
You have to surround yourself with people who know the other parts of the company. Rick has done that. That's one of his strengths.
divisions facto number shrinking taking
What they're really doing is taking their divisions and shrinking their number in a de facto way.
confident higher japanese labor level model permanent until visible work
With what happened, I think things are on hold. This is not a permanent decision. It's in abeyance right now until they can be more confident in the work force. The Japanese model is one of a higher level of visible collaboration between labor and management.