"Corruption"
- “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
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Examples of corruption and ineptitude were shown at the
Shareholder's luncheon presentation following the annual
stockholder's meeting on June 2, 2004
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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.
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"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 |