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Whitacre: Bosses nearly killed GM

Friday, October 12, 2012

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Whitacre: Bosses nearly killed GM
Oct 13th 2012, 06:11

By David Shepardson Detroit News Washington Bureau Comments Zoom Grand Central Publishing) Ed Whitacre says General Motors nearly died because of bad management. "The economy didn't do that to GM. The union didn't do that to GM. And the Japanese yen certainly didn't do that to GM â€" GM's management did that to GM," he writes in his forthcoming memoir. "They just never had the smarts or the guts or whatever you want to call it to make a course correction to give GM a shot at a better future." Soon after becoming CEO in December 2009, Whitacre spent an hour talking to one very senior executive who tried to "explain to me what he did at GM. And the more he talked, the more nebulous his job...

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