David Cole
David Cole
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,
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.
betting company higher level realize viewed
There's a much higher level of urgency. I think they realize that they're betting the company on this. Our sense is this is being viewed as this is a change-or-die kind of thing.
change
I thought that was an appropriate phase. They have to change pretty substantially.
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.
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.
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.
became checkered college fraternity
Over the years it had a checkered history. It became more like a college fraternity thing.
brings company critical experience extensive highly relevant rob stage
Rob brings extensive and highly relevant experience to our Company at a critical stage in our turnaround.
address believe fails prospects realistic
Recognizing that the No-Build alternative fails to address the long-term congestion problem, we believe that only the N8c and N2 alternatives are realistic prospects for a solution,
ford serious views
I think Ford views this as 'change or die,' frankly. It's a very serious effort.