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Why Steve Jobs Should Run General Motors
General Motors is looking for tens of billions of bailout dollars 
from the Feds to stave off bankruptcy. Here's a simpler solution: Get 
Steve Jobs to take over the top slot at GM. 
Preston Gralla, Computerworld

Nov 13, 2008 8:04 am
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 General Motors is looking for tens of billions of bailout dollars 
from the Feds to stave off bankruptcy. Here's a simpler solution: Get 
Steve Jobs to take over the top slot at GM. So says the New York 
Times' Thomas Friedman, and despite my dislike of Jobs, I think 
Friedman is right. 

In his column, Friedman writes about watching a TV interview earlier 
this year with Chrysler CEO Bob Nardelli, who said the auto industry 
needed $25 billion in loan guarantees, not as a bailout, but to help 
car companies innovate. His response: 

I could not help but shout back at the TV screen: "We have to 
subsidize Detroit so that it will innovate? What business were you 
people in other than innovation? If we give you another $25 billion, 
will you also do accounting?" 

The column then goes on to enumerate the bone-headed, short-sighted 
idiocy of the U.S. auto industry, which has fought innovation every 
step of the way, and refused to look at the future. For example, he 
quotes GM Vice Chairman Bob Lutz saying that hybrids, such as the 
Toyota Prius, "make no economic sense." Lutz also told D Magazine of 
Dallas that global warming "is a total crock of [expletive]." 

In return for any bailout, Friedman proposes, the current management 
and board of GM should go, to be replaced with people capable of 
turning around the business. After adding other strings that should 
be attached to a bailout, he offers up this one, slightly tongue in 
cheek: 

Lastly, somebody ought to call Steve Jobs, who doesn't need to be 
bribed to do innovation, and ask him if he'd like to do national 
service and run a car company for a year. I'd bet it wouldn't take 
him much longer than that to come up with the G.M. iCar. 

While I dislike Jobs for his arrogance, his vindictiveness, and the 
way he uses attack-dog lawyers to muzzle any criticism or dissent, 
he's probably one of the few people who could turn around G.M. He's a 
great innovator and designer, and understands what consumers are 
looking for. He did a brilliant job of turning around Apple. He might 
be able to do the same for G.M. 

And if not Jobs, pick someone else from the tech industry to run G.M. 
The auto industry has been moribund and hidebound for decades, and 
incapable of innovation, while the tech industry has been the 
country's innovation engine. It's time for a tech exec to turn around 
Detroit. 

But not Steve Ballmer, please. We've had madmen running the auto 
industry for long enough, and look what they've done. One more madman 
won't solve the problem. 

This article originally appeared as a blog posting on our sister 
site, Computerworld.com.


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