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Wait,
now. Haven’t we just been through this? In any event, the General Motors board is considering today a number of
proposals from investor Kirk Kerkorian and his right hand man in his GM adventure, Jerry York (right).
Among
the topics on the table today: cutting the GM dividend, cutting exec salaries, and giving York a seat on the board. It’s
deja vu all over again.
Not to minimize the complexity of managing a company like GM, but it seems that the
company needs to pick up the pace of decision-making in the upper levels of the org chart if it hopes to turn things
around before its market share dwindles much further.