Saturday, April 21, 2012

General Motors


General Motors is the largest automaker by unit vehicle sales according to the data available for the financial year ended 2009. General Motors was for a long time the world’s largest corporation. Its rise and expansion is synonymous with the global dominance of American companies in the automobile industry. The phenomenal growth of the company may be attributed mainly to three business leaders of the organization namely – Alfred.P.Sloan, Charles.F. Ketttering and Henri Ford. Sloan is credited with the best application of the systems approach to management ever seen in the corporate world. Ford is credited with the innovation of the model of global sales leadership and Kettering is best known for his design of the copper cooled engine that revolutionized the automobile industry by means of product innovation and automotive design. The company is also credited with the feat of introducing business education for executives which later went on to become a university recognized part time degree program in management at the Sloan School of Management, MIT.

The company sells its cars in as many as 157 countries with production units in 31 countries. It has a work force of 202,000 people and is famous for its brands of cars like Chevrolet, Cadillac, Pontiac, Opel, Buick, Vauxhall and GMC. It is head quartered in Detroit, Michigan. The board of directors of the company as on 2009 consists of the following –
1. Daniel Akerson 2. Daniel Amman. 3. Robert D. Krebs 4. Patricia .F.Russo 5.Ed Whitacre ( Chairman and interim CEO).