Ill-Equipped

The government is ill equipped to manage GM in bankruptcy.

As an owner, the government has to function through the board of directors. In turn, the board should engage as consultants a group of strategic thinkers with the assignment of devising a plan for product development and manufacturing efficiency.

In turn, the government should monitor strategic thinking and plan to measure progress in restoring profitability.

By Abraham Zaleznik

 |  June 1, 2009; 1:05 PM ET
Category:  Economic crisis
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