Posted by Kaegi [172.68.189.34] on Thursday, December 07, 2017 at 11:44:36 :
In Reply to: Re: 50 Years Ago Today posted by clueless [162.158.122.99] on Thursday, December 07, 2017 at 10:06:45 :
the CEOs took over in the late 60s and don't care about giving options. they just saw cars ass toasters they could make money on and slashed budgets and engineering to satisfy share holders. When bob lutz was a newer executive at GM he came out of a board meeting one day and the CEO took him aside and said. "bob, you will go a long way in business but try not to get too excited about the product." fundamentally that's the biggest flaw with business school graduates. its only a money game and that attitude resulted in 20 years of inferior products.