General Motors – “Rearranging the deck chairs”

Pros

If you love cars or trucks and everything in between, it doesn't get any better. GM's Design and Engineering are top notch in the industry when management let's them loose. GM's pay and benefits are generous - principally because management has to keep the salaried folks on par with the UAW folks. Most people at GM have never worked anywhere else in their career, not do they have the desire to work anywhere else.

Cons

Promotions are 100% based on who you know - 0% based on performance (at least within VSSM). This is an extremely political company, which is the princpal reason that it doesn't perform well in the marketplace. The not-invented-here symdrome is also fairly prevalent.

Advice to Senior Management

Do some serious house cleaning within the Exec ranks before the company implodes. Try zero-base assessments of the Directors and above.