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General Motors Company Profile Richard Nunnally Walden University Dr. Michael Burke Organizations, Innovations, and Change—EDUC 6105 April 20, 2014 GM Logo (About GM, n.d.)

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  • 1. General Motors Company Profile Richard Nunnally Walden University Dr. Michael Burke Organizations, Innovations, and ChangeEDUC 6105 April 20, 2014 GM Logo (About GM, n.d.)

2. History General Motors (GM) founded in 1908 by William Durant (About GM, n.d.) GM revolution 1960- 1979 (About GM, n.d.) Smaller vehicles across all GM vehicle lines Reduced emissions using catalytic converters First to offer an air bag in a production car The New General Motors 2009 (About GM, n.d.) Four major brands Global growth William Durant (About GM, n.d.) 3. Company Structure (About GM, n.d.) Board of directors Senior company executives Current structure in place since 2009 Overlapping management structure Current CEO Mary Barra (About GM, n.d.) 4. Culture Five principles stated by GM (About GM, n.d.) Safety and quality first Create lifelong customers Innovation Deliver long-term investment value Make a positive difference GM Logo (About GM, n.d.) 5. Why the change? 2008 recession and global credit crisis (About GM, n.d.) Bridge loan from U.S. Treasury (About GM, n.d.) Former CEO Daniel Akerson (About GM, n.d.) 6. The New General Motors Chevrolet Volt first production in 2010 (About GM, n.d.) Increase in overseas production and sales of GM vehicles (General Motors Company, 2011) Expedite the change process (Krisher & Durbin, 2011) Chevrolet Volt (About GM, n.d.) 7. Current GM Brands Chevrolet Buick GMC Cadillac Baojun (China) Holden (Australia) Isuzu (Japan) Jiefang (China) Opel (Germany) Vauxhall (England) Wuling (China) Current GM Brands (About GM, n.d.) 8. Expansion globally GM and China (Jackson, 2012) 120 countries (GMs annual report, 2012) Global Expansion (About GM, n.d.) 9. Overall Effectiveness of changes Increase in sales (General Motors Company, 2011) Reduction of debt owed (General Motors Company, 2011) Reduction of debt chart (General Motors Company, 2011) 10. Continue to grow Overseas factories Factories in the U.S. Moving the international operations headquarters (Murphy, 2013) GM Logo (About GM, n.d.) 11. References: About GM. (n.d.). Our Company. Retrieved from http://www.gm.com/ company/aboutGM/our_company. General Motors Company (2011) 2011 Annual Report, Retrieved from http://www.gm.com/ content/dam/gmcom/ COMPANY/Investors/Corporate_Governance/PDFs/StockholderInformationPDFsAnnual- Report.pdf. General Motors Company (2012) 2012 Annual Report, Retrieved from http://www.gm.com/ content/dam/gmcom/ COMPANY/Investors/Stockholder_Information/PDFs/2012_GM_Annual_Report.pdf Jackson, B. (2012, June 08). Is GM Becoming China Motors? Factcheck.org website. Retrieved from http://www.factcheck.org/2012/06/is-gm-becoming-china-motors/. 12. References (Cont.): Krisher, T & Durbin, D. (2011, December 16). GM CEO Dan Akerson: Our Company Has A Resistance To Change. Huffington Post online. Retrieved From http://www.huffingtonpost.com/2011/12/17/gm-general-motors-dan-akerson_n_1155376.html Murphy, C. (2013, November 13). GM to Move International Headquarters to Singapore From Shanghai. The Wall Street Journal. Retrieved from http://online.wsj.com/news/ articles/SB10001424052702303289904579195351521001492. Wade, V. (2012, May 04). General Motors is becoming China Motors. *Video Blog+. Retrieved from https://www.youtube.com/watch?v=Lvl5Gan69Wo&hd=1