Does the Transition at Chrysler Signal Big Changes for the Big 3?

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  qualityg08/09/07 Report as spam
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  Chrysler Cerberus ? Can the Outsider turn the corner fast enough?

  Below is a portion of a post from http://qualityg.blogspot.com/:
  
  Being from Michigan I always chuckle when I see the same quotes and sayings when a new CEO takes charge, especially if they don?t know the industry they are now running. In fact I have heard it and lived through these type of changes in my career.
  
  Quote from Mr. Nardelli about Chrysler ?It?s not about creating a new strategy. They?ve got it. We?re going to have LASER focus on the EXECUTION of that strategy."
  
  Two words standout ? Laser ? this refers to the speed at which things will change (Can anyone say ?Six Sigma (G.E. & Home Depot ? used the process improvement strategy as their means to move quickly on solving problems and making solutions quickly ? NOT).
  
  The next word is Execution ? now that is a great word for scaling and trimming a company down to be lean and mean.
  
  PREDICTION # 1:
  Watch for Chrysler Cerberus (Don't end up like AT&T) to begin buying up small companies and merge with others to grow rapidly ( This makes the fools on Wall Street happy for the short-term and they will say you are the best CEO of all times). Jack
  
  Armstrong did this too and then he sold them to soon because he had bad advice from the people he brought in from the outside. They had no allegiance to AT&T, they only had allegiance to themselves.
  
  Guess What? Both companies were eventually bought up by SBC (Still traditional phone company) at very low prices.
  
  
  PREDICTION # 2: Why did Chrysler Cerberus make these changes now? I believe it has to do with the upcoming Labor Talks. It is going to be bloody and nasty with the Union losing big time.
  
  Mr. LaSorda will leave a short-time after the negotiations end a very rich man.