David Cole
David Cole
biggest gore less practical risk tends
I think the biggest risk is that Gore tends to be a little less practical in his approach.
couple happen next stuff
I think that there's a lot of stuff that's going to happen over the next couple of months.
choice gold hope partner silver
Labor's only hope is to become a collaborative partner with management. They used to have a choice between gold and silver, and they got gold every time. Now, it's between silver and lead.
change
I thought that was an appropriate phase. They have to change pretty substantially.
I think we'll see some enhancements of pensions.
begin connected deal level quite urgency
I think we haven't really connected this to quite the level we should with the sense of urgency to really begin to deal with this in a fundamental way,
plant
I think the Moraine plant is probably going to continue, and get considerable investment.
comparison decline forms historical mccarthy offset repression reveals
just as we did in the McCarthy era, we have offset the decline of traditional forms of repression with the development of new forms of repression. A historical comparison reveals not so much a repudiation as an evolution.
board competent deep exactly gm guy jerry knowledge member somebody
Jerry is a very competent guy and somebody who has very deep knowledge in the business. He could be exactly the kind of board member GM needs.
accepted best close few goal hours improve increases people rich vehicle wage
People are going to look at this and say this is pretty rich wage increases for people who already make a lot of money. But the opportunities to improve productivity are still pretty high. A few years ago, 30 to 35 hours a vehicle was what was accepted as best practice. Now it's close to 20. The goal is now around 10.
I think it makes sense, but it's not without risks,
concern excellent influence jerry joining move outside
I think it's a very excellent move that Jerry will be joining GM's board. My only concern is that he may have had more influence from the outside than he will from the inside.
fairly
It could be fairly significant in some respects.
automatic dimensions everybody good move opportunity subtle
I think it's probably a good move. One of the subtle dimensions of this is that when you move like that, not everybody moves. That's an automatic opportunity to significantly restructure.