That's a good move, I think.
It is my opinion that GM should be trying to hire management from Toyota.
Only if their management are being stifled by corporate. My experience has shown that the impatience of aggressive stockholders is what fuels the destruction of long-term planning. In other words, greed. Toyota is notorius for long-term planning, out-pacing their rivals by a decade or two. However, the company is showing signs of complacency and that usually means that the DOERS of the company are being squashed in the implementation of their plans.
Now that may be good for us, but, it should say something of how any good idea can be thwarted by too much wanting for the almighty dollar. Aggressive investors expect aggressive returns. But, long-term objectives can often clash with them. This may be Toyota's downfall.
Wall-Street wheels are simultaneously spinning faster with a demand for higher quality from the market. In terms of dollars, that war is very real between investor and market. And as we have seen from Enron, Wall-Street wins most of the time.
If we really want to see innovation and quality increased beyond our wildest dreams, can Wall-Street and let the American mind do what it does best: Create from it's own sources!
Now, for all you investors out there who disagree, there are economic models beyond laissez-faire and Keynesian types. And the only reason we do not move beyond it is because of greed and fear. Greed of those making millions at taxpayer expense and fear of losing what resources you already have. My goodness, these are the marking characterisitics of a madman.
Can Wall-Street, I say, and let's move on...
Arrowhead>>>---greed-->