Sunday, December 14, 2008

Car Czar names: I have several

Who could help the Auto Industry restructure itself and be competitive enough to reinvent itself? I have several names. The first one who comes to mind is on other's lists. His name is Mitt Romney. Mitt knows the Auto Industry, is very smart, has the bench strength to draw from his earlier days with Bain & Co. He would be a good choice and another way for President-Elect Obama to bring former rivals into the tent of his Administration. I could support Mitt as the Car Czar and he would do a great job.

But another name came to me and who could be even more successful than Mitt. His name is Lou Gerstner, formerly CEO of IBM, who was brought into the company in 1993 to save the company and change its culture. He finished his role in Dec. 2002 and did a great job, as evidenced today by IBM's success in the market place. Lou didn't work in the Auto Industry but he does know how to change a company and get it on the right track. He was CEO of RJR Nabisco and most recently was CEO of the Carlyle Group where he retired from in Oct. 2008. He wrote the book, "Who Says Elephants Can't Dance?".

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2 Comments:

Anonymous Anonymous said...

Excellent Choices!!!!!!!!!

8:28 PM  
Anonymous Anonymous said...

Both would be willing to do the dramatic restructuring and mindshare shifting required here

When can they start?

6:31 AM  

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