Corruption vs. Ineptitude in GM


  • “the act of … impairing integrity, virtue, or moral principle;”
  • “dishonest proceedings”
  • “illegal activities that reduce efficiency”
  • “violation of duty…an act of self interest harmful to the organization

Examples of corruption and ineptitude were shown at the Shareholder's luncheon presentation following the annual stockholder's meeting on June 2, 2004



  • “inappropriate”
  • “absurd or foolish”
  • “incompetent”
  • “inefficient”
  • “unskillfulness resulting from a lack of training”
Market Share
Market Street

Preview of subjects to be analyzed at
Market Share on Market Street III -
Corruption vs. Ineptitude

  • Corporate Governance:
    • Board of Directors
    • Auditors
    • Management
  • Marketing:
    • GM Card
    • Overnight Test Drive
    • Road to Redemption
    • Lease Pull Ahead
    • Accelerated Model Years
    • Incremental Price Increases
    • Distress Merchandising from Advertising to Rebates-why they're bad and Rebates-how to get rid of them.

"Everybody makes mistakes but your management makes so many of them.

The proof of their incompetence is the number of mistakes.

There is absolutely no reason to think that this will change.

The same people who made the mistakes are still in charge.

-- Jerry Flint, 2000