David Cole
David Cole
disconnect market
We've got a real disconnect right now between our market and our educational system.
clock five fortunate jerry moving next played quickly six time
We're in a time where the clock is moving much more quickly on GM. I think they're fortunate to have Jerry because this thing is going to be played out in the next six months, not the next five years.
confident higher japanese labor level model permanent until visible work
With what happened, I think things are on hold. This is not a permanent decision. It's in abeyance right now until they can be more confident in the work force. The Japanese model is one of a higher level of visible collaboration between labor and management.
executives huge lose took typical
The executives really took a huge hit. That's typical in a bankruptcy, where executives lose a significant part of their compensation.
ask competitor firm major market natural
We are in a very competitive telecommunications market in Texas, so it was only natural that we would ask our auditing firm what it was doing for a major competitor of ours.
good loyal market percent pickup shop
You have one part of the pickup market that is not going to change, but most will shop around, ... It's good to have loyal customers, but it's not 90 percent or even 70 percent.
bankruptcy point powerless virtually
The Delphi bankruptcy is a real watershed point for the UAW, ... The UAW is virtually powerless now.
deal delay good means room
The delay is a good thing; it means there's room for a deal here.
became checkered college fraternity
Over the years it had a checkered history. It became more like a college fraternity thing.
anywhere gm money near problem reason serious talking
They're not making anywhere near the money they need to be making. The only reason we're not talking more about them is because they don't have as serious a problem as GM or Ford.
flexible lean moved rigid
They have moved from a rigid culture, to a much more lean and flexible company.
betting company higher level realize viewed
There's a much higher level of urgency. I think they realize that they're betting the company on this. Our sense is this is being viewed as this is a change-or-die kind of thing.
attacking both culture
At both companies, they're very much attacking the culture of the organization. I think they've got real possibilities.
bring certainly critical impact strike threat
A strike is always a threat in bankruptcy. A strike would certainly have an impact on clients. If there were a strike in a critical part of the company, it would bring everyone down.