David Cole
David Cole
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.
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.
although comments concerns consider continue dated forward heard june letter listed move plan refine
has heard your concerns and although we plan to move forward with the alternatives listed in my letter dated June 7, 2005, we will continue to consider your comments as we refine the routes.
benefit certainly chance competitor cuts enter factory field hot incentives lose maybe move price stay volume
There's the thought that if this is going to be so hot, why not price it higher? But if you do, maybe you lose volume and it doesn't stay hot as long, or you have to move to incentives and price cuts sooner, or you give a competitor a chance to enter the field sooner. The dealers certainly are making money. But the factory doesn't benefit from that.
flexible lean moved rigid
They have moved from a rigid culture, to a much more lean and flexible company.
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,
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.