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Information
Change Management Is Coming Again in the Auto Industry
Submitted: 2007-01-17 15:05:11
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With all the problems at the US Automakers we have seen lay offs, stock price declines, profit estimates slashed and some shake up at the top as well. That is right Change Management has occurred at many of the Top Companies such a Ford Motor Company, DaimlerChrysler and General Motors. Still industry analysts say that there is much more change management to come in the future. How much you ask?
Well quite a bit actually, you see this was just round one at Ford Motor Company as they announced 14,500 lay offs and they have already pre-announced nearly 100,000 total. So the 14.5 K is a relative drop in the bucket of things to come many fear. Ford has offered 70,000 buyout packages and even the Union Bosses agree that they should take those packages. But indeed Ford is only one company and we have not heard from GM as to their plans in the short term.
Will there be a huge shake up at General Motors too? And when will this occur? It might be sooner or later say analysts. They are closing factories and already admitted that and therefore the big lay offs will be coming and that also means regime change at GM; change management. The question the industry is asking is who is going to come and who is going to go? One thing all analyst do agree on is that we will know soon enough.
"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/ |
Article source: Expert Articles
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Is the same old routine that you have everyday getting you down? Fighting the traffic to go and sit in an office for 8 hours or more and then joining the rush hour home again. Collecting the kids from school, watching their sports practice or helping with homework, this leaves you no time for yourself at all.