A legend in the car industry reveals the philosophy that's starting to turn General Motors around. Lutz's commonsense lessons (with a generous helping of fascinating anecdotes) will inspire readers at any company facing the bean counter analysis-paralysis menace.
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Lutz shares his philosophy on running a successful business, which he developed during 47 years in auto manufacturing, including leadership positions with each of the Big Three firms. Lutz blames Detroit's steady decline on overdependence on bean counters and the lack of "his type" (designers) in auto manufacturing. He asserts that the Big Three should return control to the "product guys" like him, of course. Lutz provides an interesting inside perspective on GM and his struggles with high labor costs, rising gas prices, and model design flaws. Expectedly, Lutz sees a silver lining in GM's emergence from the 2008 bankruptcy, while serving up a nostalgic view of a bygone Detroit when GM had annual sales revenue exceeding that of many European countries. AudioFile's Best Voices of the Century winner Norman Dietz provides a steady-paced, documentary-style approach to this intriguing material. Lutz's comments will appeal to anyone interested in the fascinating world of auto manufacturing, especially boomers who grew up driving Detroit iron. Also recommended for university libraries supporting business curricula. [The Portfolio hc, published in June, was a New York Times best seller.-Ed.]-Dale Farris, Groves, TX (c) Copyright 2011. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.
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