Both general motors and hewlettpackard have had more than one ceo who was brought in from outside. For fans of management books, this month marks a big anniversary. Even today, bill gates praises my years with general motors as the best book to. Mary barra has methodically reshaped general motors. In my experience, management will often report the salaried headcount reduction has been executed. As barra nears her fiveyear anniversary as gm ceo, the full scope of her imprint on the nations largest automaker is.
Rather than proactively changing the way things were being done at gm, the company didnt face the harsh reality of its situation and reacted by filing bankruptcy. On june 1, 2009 general motors filed for bankruptcy in new york. During the past 5 years, the average book value per share growth rate was 4. Durant, after founding company that builds chevrolets, regains control. Reportedly general motors will attempt to reduce costs with a salaried headcount reduction. The ratio of a ceos pay to a laborers was tiny compared to today. General motors cos book value per share for the quarter that ended in mar. The decline and fall of the us car industry by freedman, craig. The ultimate business howtobook by jack welch former ceo of general electric. Vehicles and vehicle parts are designed, manufactured and distributed by gm. They allowed their car lines to get stodgy and produced something the consumer didnt want. Apparently, many readers believe top executives are as capable of writing useful books about management as they are at running big businesses.
Rometty is the current chair, president and ceo of ibm, and was the first woman ever to take charge of the company. Motors during the early twentieth century and served as the companys ceo and. In depth view into general motors price to book value including historical data from 2010, charts, stats and industry comps. She was elected chairman of the gm board of directors on january 4, 2016, and has served as ceo of gm since january 15, 2014. My years with general motors became an instant bestsel. The history of general motors gm, one of the worlds largest car and truck manufacturers, dates to more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible. Motors during the early twentieth century and served as the companys ceo. Durant durant 18611947 was a carriage maker who used to run his own company, durantdort carriage co. Forbes annual list of the worlds most powerful women boasts 27 business leaders, all paving the way for more female executives to effect change from the csuite. During the past 3 years, the average book value per share growth rate was 0. Book value per share is a widely used stock evaluation measure. Barney frank, chair of the house banking committee, says his successful intervention to keep.
Outsider ceos such as william perez of nike and jeff nugent of revlon were hired by boards to lead their companies through major transformations but were not retained by the same boards through a two. My years with general motors amazon alfred sloan was the ceo of general motors from 1923 to 1946 when the car company was arguably the most important organization on earth. In 2016, she was recognized with a third gracie award for her fortune series, from the corner office, where she interviewed female ceos heading general motors, lockheed martin, mondelez international, and hsnhome shopping network on leadership lessons. Alfred sloan was the ceo of general motors from 1923 to 1946 when the car company was arguably the most important organization on. Sixty to zero by alex taylor iii at gm, kicking tires and taking names in sixty to zero, alex taylor iii examines the collapse of general motors and the detroit auto industry in. Sloan was the ceo and later chairman of general motors for 35 years from around 1920 to 1955. Those few powerhouses, however, are just the tip of the executive iceberg. Discount prices on books by general motors, including titles like 2019 camaro wall calendar. Sloan was the ceo of general motors in its early beginnings, and he. Founded in 1908 as a holding company in flint, michigan, as of 2012 it employed approximately 209,000. Throughout general electric s past, each of the ge presidents has had a restless drive for business growth, technology innovation and a better world.
So are boeing, ibm, microsoft, shell, general motors and dow chemical. General motors was such an economic and industrial juggernaut that a book like this couldnt begin to do more than just give the most superficial look at its history. Chevrolet is a division of general motors corporation. General motors chairman and ceo barclays global automotive conference november 15, 2017. Yet, over the years, when the ceos of such companies as hp, gm, and ibm have dipped their pens in ink, enthusiastic book buyers have made their scribblings bestsellers. The ceos of general motors and ford claim the business world needs a shift in priorities, geelys hard hits in the home market foretell of more bad things to come, walmart is suing tesla and. Whether its running a multinational company or a family business, being the ceo requires a special set of skills. This book is a must read for all business owners, executives, college business majors and not just in. It has since been used as a manual for managers, offering personal glimpses into the practice of the discipline of management by the man who perfected it. This presentation and related comments by managemen t may include forwardlooking statements. Management guru peter drucker speaks of it several times throughout his writings. Mary barra is chairman and chief executive officer of general motors company. Available on kindle ebook and can be read on any device with the free kindle.
Aged 60, ginni rometty is young compared with her male equivalents, but she is one of the oldest female ceos of a fortune 500 company. Hundreds of ceos for general motors barneys auto parts emporium. General motors books list of books by general motors. The headquarters of the company are in detroit, michigan. My years with general motors became an instant bestseller when it was first published in 1963.
Very interesting read about general motors from john delorean yes, he of the car from the movie back to the future, who was a senior executive with the corporation. In writing and researching the book, drucker was given access to general motors resources, paid a full salary, accompanied ceo alfred p. I read this book for the second time since my graduation from bschool in 1991. General motors recall hearing general motors ceo mary barra is sworn. Book charts rise of gm ceo mary barra detroit free press. Why gm ceo mary barra killed chevrolet cars, approved. Interesting facts about general motors did you know cars. Facing controversy, gm reveals ceos total pay usa today. If you have to read just one business book to understand the global corporate. The book is best when he discusses the managerial issues that continue to plague gm to this day book was written in the mid1970s. Gm built cars, trucks, buses, trains, ships, airplanes, earth moving equipment, home appliances, and. September 5, 2006 to july 1, 2014 ceo william clay ford jruassic october 30, 2001 1 to september 5, 2006. Find the latest book value per share for general motors company gm. Heres where 10 of the most powerful fortune 500 ceos got.
News looked at where 10 of the most powerful fortune 500 ceos went to business school. There are around 37 countries where the company makes vehicles under top brands. Yet, later examination of this action reveals only the removal of hourly employment. List of books and articles about general motors online.