David Cole
David Cole
board competent deep exactly gm guy jerry knowledge member somebody
Jerry is a very competent guy and somebody who has very deep knowledge in the business. He could be exactly the kind of board member GM needs.
concern excellent influence jerry joining move outside
I think it's a very excellent move that Jerry will be joining GM's board. My only concern is that he may have had more influence from the outside than he will from the inside.
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.
accelerate adds afraid impatient incentive jerry labor leadership tackle tough tremendous
He has tremendous leadership skills. He's not afraid to tackle tough things. Jerry is an impatient investor. That just adds to the incentive for labor to do what they can to try to accelerate the restructuring.
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He's different than Perot and Smale because he does know the business and he's been close to it for a long, long time. Jerry is a disciplined guy. His intent is not to blow the place up.
fine helpful jerry line needs rick walk
Rick has to walk a fine line of doing what needs to be done, but doing it in a positive, collaborative way with the union. Jerry could be very helpful in accelerating some of those changes.
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One thing about Jerry -- you have got to pay attention to him.
change
I thought that was an appropriate phase. They have to change pretty substantially.
begin connected deal level quite urgency
I think we haven't really connected this to quite the level we should with the sense of urgency to really begin to deal with this in a fundamental way,
automatic dimensions everybody good move opportunity subtle
I think it's probably a good move. One of the subtle dimensions of this is that when you move like that, not everybody moves. That's an automatic opportunity to significantly restructure.
plant
I think the Moraine plant is probably going to continue, and get considerable investment.
comparison decline forms historical mccarthy offset repression reveals
just as we did in the McCarthy era, we have offset the decline of traditional forms of repression with the development of new forms of repression. A historical comparison reveals not so much a repudiation as an evolution.
accepted best close few goal hours improve increases people rich vehicle wage
People are going to look at this and say this is pretty rich wage increases for people who already make a lot of money. But the opportunities to improve productivity are still pretty high. A few years ago, 30 to 35 hours a vehicle was what was accepted as best practice. Now it's close to 20. The goal is now around 10.
figure land wants
We really want to figure out what the land wants to grow.