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Bill Shore
Non-profit leader

Bill Shore

Bill Shore is founder and executive director of Share Our Strength, the nation’s leading organization working to end childhood hunger in America.

The Most Common Leadership Failure

The executives who run the auto companies can't be faulted for lack of intelligence, negotiating skill, drive or even creativity. Their failing is the most common of all leadership failings: failure to marshal support for investments that won't pay off until the long-term. For decades the temptation of short-term profit won out over the need to innovate and invest in ways that would build their long-term competitive strengths.

Warren Buffet, in one of his letters to his Berkshire Hathaway shareholders, once wrote:

Every day, in countless ways, the competitive position of each of our businesses grows either weaker or stronger.... When our long-term competitive position improves.... we describe the phenomenon as "widening the moat." And doing that is essential if we are to have the kind of business we want a decade or two from now. We always, of course, hope to earn more money in the short-term. But when short-term and long-term conflict, widening the moat must take precedence.

U.S. auto executives let their competitors widen the moat instead and now that their own options have narrowed they need their customers and taxpayers to carry them across it. Their critical value to our economy dictates that we find a way to do that, but it is the least efficient and effective of the many options once, but no longer, available.

By Bill Shore

 |  December 8, 2008; 7:52 PM ET
Category:  Economic crisis Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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Me against my brother; my brother and me against our cousin. Arab proverb.

A lie worth telling, is a lie well told. A lie well told, is a lie well stuck to. Second 'alleged' Arab proverb.

When you are up to your neck in alligators, its too late to implement a plan to drain the swamp.

THAT SAID, WHY I'D LOVE TO BE THE NEW CAR CZAR, OR EVEN THE USED CAR CZAR.

I FIND THAT LAWYERS MAKE EXCELLENT CAR CZARS AND I HAVE BOTH DOMESTIC & FOREIGN CAR EXPERIENCE, NAMELY, FORD AND GM ON THE DOMESTIC SIDE AND HONDA AND TOYOTA ON THE FOREIGN SIDE

AND I KNOW CHINESE

为什么I' 是D的爱新的汽车沙皇,甚至半新车沙皇。 我发现律师做优秀汽车沙皇和我有两国内& 外国汽车经验,即,在外国边的国内边的福特和GM和本田和丰田

AND JAPANESE TOO.

I'なぜ; Dは新しい車の皇帝、また更に中古車の皇帝であることを愛する。 私は弁護士が優秀な車の皇帝を作る私持っている両方国内&をことが分り、; 外国の側面の国内側面の外国車の経験、即ち、フォードおよびGMおよびホンダおよびトヨタ

Posted by: brucerealtor@gmail.com | December 10, 2008 4:49 AM
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