SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (445999)1/8/2009 12:12:26 PM
From: i-node1 Recommendation  Read Replies (1) | Respond to of 1575866
 
Instead he conceded that the success of the company depended on innovation and new products like the Malibu, or the CTS or the Volt.

Well, I'm sure IBM thinks its success depends on new product development, as well. Nothing new about that. There is no need to rehash this. Basically EVERYONE except people on this thread -- liberal and conservative alike -- now realize that the UAW is a major contributor to GM's problems. You're entitled to your view, but you are dead wrong and analytically, you simply cannot support your argument.

GM is having to compete with people who can build the same car for less money, and that is always going to be an untenable position that ultimately, will be eliminate the guy who's costs are too high.

Because it gave its employees voluntarily pay and benefits GM had to coerced into providing.

This is what you guys don't understand. It totally explains your confusion. IBM thrives on its people. It knows that its people ARE the business. They are highly skilled professionals in whom the company has invested huge amounts of money in training and less productive work experience.

There is not a job on a GM assembly line that can't be done by any high-school graduate. There is not a job on any GM assembly line that can't be learned within hours or days. The workers on a GM assembly line have no particular skills and could be replaced at will with any guy off the street.

So, duh. You don't pay those guys like IBM needs to pay its people. It baffles the shit out of me how you can't see this. Even if you don't know anything about business, I don't see how you can miss this.