To the Editor:
In times past, American corporations operated with top-down authority with little input from lower echelons. As those corporations matured, they began to consider the input from customers and employees, and decisions many times were made jointly.
Recently, General Motors Co.'s turnstile actions with top managers have given the impression that when a new manager is chosen he is expected to make changes, and that he was chosen because of his past decision-making skills. Thus he is anointed with the power of an authoritarian.
Many things GM is doing now are done without the input from or consideration of others -- customers, dealers, employees -- and done hastily. Haste makes waste.
Before GM even has proven results, it is actively pursuing a public stock offering.
Is GM really a worthy long-term investment, or is it a future Harvard Business School case study in the making?