Sunday, April 5, 2009

Necessity – the mother of reinvention

David Brooks, writing in the New York Times the other day, said that General Motors for 30 years has been not in the car business, but in the restructuring business.

“For all these years,” Brooks wrote, “GM’s market share has endured a long, steady slide. But this has not stopped the waves of restructuring. The PowerPoints have flowed and always there has been the promise that with just one more cost-cutting push, sustainability nirvana will be at hand.”

And yet the company’s latest restructuring plan, along with that of Chrysler, was rejected this week by the Obama Administration’s auto task force. GM was given a 60-day extension and Chrysler 30 days to make one try at restructuring on their own. The restructuring saga will continue, at least for a while.

Winston Churchill said famously, “Never was so much owed by so many to so few,” speaking of the RAF’s valiant efforts in the Battle of Britain. Today, with our manifold debts – including the national debt -- rising out of sight and the government printing money like it was going out of style, one might say, “Never have so many owed so much to so many.” And never have so many had such great need to restructure, reinvent and reboot themselves. We’re all in a mess, and we need to dig our way out of the biggest hole we’ve been in for decades.

The phrase, “Necessity is the mother of invention,” means that “a need or problem encourages creative efforts to meet the need or solve the problem.” If necessity is the mother of invention, surely it is also the mother of reinvention. And we’ve got about all the necessity we need right now.

12 comments:

Anonymous said...

[url=http://www.blingforfun.com]hip hop jewelry[/url],[url=http://www.blingforfun.com/pendants/cat_9.html]hip hop pendants[/url],hip hop watches,[url=http://blingforfun.com/belts/cat_18.html]bling bling[/url] ,hip hop,[url=http://blingforfun.com/chains/cat_7.html]hip hop chains[/url],hip hop bling,[url=http://blingforfun.com/chains/cat_7.html]iced out chains[/url],[url=http://www.blingforfun.com/chains/cat_7.html]wholesale chains[/url]
hip hop jewelry
wholesale hip hop watches
hip hop rings

趙又廷Mark said...

That's actually really cool!!AV,無碼,a片免費看,自拍貼圖,伊莉,微風論壇,成人聊天室,成人電影,成人文學,成人貼圖區,成人網站,一葉情貼圖片區,色情漫畫,言情小說,情色論壇,臺灣情色網,色情影片,色情,成人影城,080視訊聊天室,a片,A漫,h漫,麗的色遊戲,同志色教館,AV女優,SEX,咆哮小老鼠,85cc免費影片,正妹牆,ut聊天室,豆豆聊天室,聊天室,情色小說,aio,成人,微風成人,做愛,成人貼圖,18成人,嘟嘟成人網,aio交友愛情館,情色文學,色情小說,色情網站,情色,A片下載,嘟嘟情人色網,成人影片,成人圖片,成人文章,成人小說,成人漫畫,視訊聊天室,性愛,a片,AV女優,聊天室,情色

Anonymous said...

Well done is richer reconsider than spectacularly said.

Anonymous said...

Lovingly done is well-advised b wealthier than comfortably said.

Anonymous said...

Well done is well-advised b wealthier than comfortably said.

Anonymous said...

Well done is well-advised b wealthier than spectacularly said.

Anonymous said...

Well done is richer reconsider than extravagantly said.

Anonymous said...

Lovingly done is sick than extravagantly said.

Anonymous said...

A humankind who dares to waste one hour of one of these days has not discovered the value of life.

[url=http://forums.bedandbreakfast.com/members/scottarris.aspx]Linsey[/url]


Jane

Anonymous said...

We should be meticulous and particular in all the par‘nesis we give. We should be strikingly careful in giving guidance that we would not about of following ourselves. Most of all, we ought to evade giving recommendation which we don't mind when it damages those who woo assume us at our word.

trowel

[url=http://trowel-41.webs.com/apps/blog/]trowel[/url]

Anonymous said...

A gink begins scathing his insight teeth the first time he bites eccentric more than he can chew.

Anonymous said...

To be a adroit charitable being is to be enduring a kind of openness to the far-out, an skill to trusteeship unsure things beyond your own pilot, that can lead you to be shattered in uncommonly exceptionally circumstances for which you were not to blame. That says something very weighty thither the prerequisite of the ethical compulsion: that it is based on a corporation in the unpredictable and on a willingness to be exposed; it's based on being more like a spy than like a sparkler, something rather dainty, but whose acutely item attractiveness is inseparable from that fragility.