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Automotive > Alfred Sloan and GM
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Article rating : 0.00, 0 votes. Author : Lance Winslow
Auto analysts are sure painting a terrible future for General Motors, indeed the recent Delphi bankruptcy is certainly bad news, but Alfred Sloan might have some things to say about all this. After all General Motors is certainly not the tight net-centric type company today that he built back then. Instead they have adopted the “core business” theories of modern MBA academia. Alfred Sloan would have never allowed the Unions to become so un-reality based in their demands and would have never allowed the under funded pension situation to get so far out of hand.
Originally General Motors was a company of many different divisions surrounded around its military manufacturing operations. They really did not start financing all their cars until after 1923. It was then that they came up with the plan to allow financing on easy terms, “make a hit with the whole family” the ads read. Back in 1923 General Motors financed most of the cars it sold. In fact installment selling became very popular with its growing dealer networks and get this the salesmen even brought cars to you home to review. Heck, why can’t we have a little Alfred Sloan style back at General Motors?
The best example today of the once General Motors corporate structure would be the Boeing Company and General Electric of which Alfred Sloan would have smiled indeed. GM needs some work and re-grouping and perhaps a little re-inventing like following the Deming Era, but GM is not down and out by any means. Think on this.
"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs/
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