GM's chronic downfall is not the inability to achieve breakthroughs but its failure of follow-through; the Saturn succeeded with great cars, dealer network and waiting lists by 1992-93, but GM let it languish—folding it back into the bureaucracy, starving it of product, and letting cars get mediocre—because unions and management resisted Saturn's special privileges and it only broke even.

causalpending

Speaker

Jonathan Rauch

Evidence Quote

it's not just making the initial opportunity it's building on it that's really difficult and the same will be true I'm convinced of the Volt

Source

Jonathan Rauch on the Volt, Risk, and Corporate Culture 09/01/2008EconTalk
Created: 6/16/2026, 2:36:26 PM

My Notes

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