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ImageBranding Iron
Branding Lessons from the
Meltdown of the US Auto Industry


Available at Amazon.com and BarnesAndNoble.com.

Congressional auto hearings, Federal bail out loans to GM and Chrysler, Chrysler goes into Chapter 11 to reorganize with UAW as largest shareholder, Fiat to be Chryslers dominant partner with no money invested, Chrysler cuts 800 dealers, GM near bankruptcy, GM commits to selling or shutting down Hummer, Saab, Saturn, and Pontiac, and the auto world as we know it is spinning out of control.

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Autoline After Hours Live. July 2, 7:00 pm ET
Charlie Hughes, author of the book "Branding Iron" and the former North American CEO of Land Rover and Mazda, will be Skyping in from Christmas Cove, Maine to discuss this week's auto news. Check it out here...
Automotive News June 22, 2009
Read Charlie Hughes and William Jeanes observations and solutions to GM's recovery in their commentary:  GM needs creative risk takers, not bean counters. Wanted: People who know how to win in the marketplace.
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What To Do in Tough Times?

Panic, over react, follow the leader, discount like crazy, dissipate your brand equity, and in the name of survival do some truly daft things. Sounds crazy, but look around.

We are living in a world no one could have imagined even twelve months ago. The banking and investment banking industries are struggling to survive years of reckless management. The US auto industry—at least GM and Chrysler—are now under the “guidance” of the federal government and the “big three” are a passing memory. The world has morphed in very uncomfortable ways and our confidence is shot. We are left angry and scared.

Except a few, who see the re-ordering of business as a golden opportunity. To capitalize, they know they must move quickly. People who will succeed in these times have compelling vision that engages employees, suppliers, and customers and accelerates change. Speed of action will determine who grows. Trying to move quickly without vision and engagement is a car wreck about to happen.

In the car business, Ford is a good example of how renewed vision leads to engagement which now drives speed of change in their business. They are on a roll.

Can you say the same about your business?

 
 


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