Tomorrow, it's likely that the new GM will be born. And word has it that it's going to fire 450 managers and change its corporate color from blue to green. I am not sure whether other people buy cars based on the color of the corporate logo or even the number of managers the company employs -- but I know that these don't matter a bit to me. I am more interested in which company makes the best cars.
And changing GM so it makes cars that more people will buy is probably the key to its survival. That's why keeping Fritz Henderson as CEO of the new GM looks to me like an idea whose time has passed. What's needed is someone with a compelling track record of taking a traditional and previously successful company that is down on its luck and bringing it back to life.