This preview shows page 1. Sign up to view the full content.
Unformatted text preview: leader of GM were about as “anti-leader” as you can possibly get. From 1994 to 2009, when Wagoner was forced to leave, GM saw it's market share fall from 33 percent to less than 19 percent. Yet for some reason, in 2007 his salary rose over $6 million from the previous year. During a time period where other car companies like Honda and Toyota were focusing on hybrid vehicles and increasing the MPG of their cars, GM was focusing on their pickup and SUV lines. While the recession may have been difficult on most of the car manufacturers, it seems that GM, under the leadership of Rick Wagoner, was a company with very little direction. Thankfully, the government was there to provide a bailout, both monetarily and by calling for Wagoner's resignation. http://www.businessweek.com/managing/content/jun2009/ca2009061_966638_page_2.htm...
View Full Document
This note was uploaded on 02/18/2012 for the course MGMT 620 taught by Professor Pogue during the Spring '12 term at Chadron State College.
- Spring '12