A SALVAGE PLAN AT GM

摘要

The clock is ticking for Frederick A. "Fritz" Henderson. Tapped by the Treasury Dept. to run General Motors after the feds fired his old boss, Rick Wagoner, CEO Henderson understands that he needs to take a wrecking ball to the automaker's rigid culture or he could be history, too. "I know I have to re-prove myself," he says.rnHenderson, who joined GM in the 1980s as a financial analyst, vows he will make the company less bureaucratic and nimbler. But his government minders are determined to provide adult supervision. They have installed as chairman former AT&T boss Edward E. Whitacre Jr., considered a pragmatic change agent by Treasury officials for his successful reign at the telecom giant. And they're pushing Henderson to recruit other outsiders who can bring dramatic change to an organization that has long resisted it-and may still push back despite the near-death experience of bankruptcy.