American Turnaround

American Turnaround

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Ed Whitacre is credited with taking over the corporate reins at General Motors (GM) when the automotive manufacturer was on the brink of bankruptcy during 2009 and turned the company around in magnificent fashion. In this business memoir, the native Texan explores his unique management style, business acumen and patriotism. It was President Obama who reached out to Ed Whitacre to come out of retirement and take over GM in 2009. A down-to-earth, no-nonsense Texas native with a distinctive Texas twang in his voice, Whitacre was reluctant to come out of retirement to work at GM. But Whitacre is that rare CEO with great charisma and extraordinary management instincts. And when he got to Detroit, he started to whittle down the corporate bureaucracy right away - and got GM back on track in record time Before being pulled out of retirement to run GM by Obama, Ed Whitacre had spent his entire corporate career in the telecom business, where he ultimately ended up running ATaT.Stan gotthe message: If Cingular didna#39;t dothedeal withApple, hea#39;d find away to workit outwith Verizon. That had major ... Steve initially wanted a5050 split of allrevenue generated by iPhone customers. ... Thata#39;s when wegotto the Goa€“No Go stage: Steve was ready tomove forward; ifwe werena#39;t with him, he was going to walk.

Title:American Turnaround
Author: Edward Whitacre
Publisher:Hachette UK - 2013-02-05

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