“I don’t know anything about cars. A business is a business, and I think I can learn about cars. I’m not that old, and I think the business principles are the same.”
I don't know about you but I would have some concerns here.
I know it's just a car business. Bottom lines are bottom lines, and deals are deals.
Still, I would be hard pressed to find any level of confidence, if a CEO of a healthcare facility would say, "I know nothing about medicine, but am willing to learn". (Let me clarify that I do not necessarily think that a physician must be over a medical institution, in fact most of them are not good businessmen. But that person should have some knowledge of how the business works, having worked in it before, at some level.)
From what we are gathering about CEO Whitacre's time in grade, he has none, nada, zilch in the automobile industry. He will have no other knowledge of the intricate details. With this being the case, maybe someone can enlighten me as to what his real function will be, if that's not it.
I will tell you what I think it means. I think this means he is being hired to cook the books. Far too often in our system, this and political paybacks for previous favors are the real objective with these kinds of appointments.
So here is your new Government Motors CEO, a man who by his own admission knows nothing about the challenge he is about to face. Acts like this will eventually cause the American people to soon realize, they really screwed up when they elected this bunch.
Happy Motoring To All.