Why GM failed ?

Kottke has a long list of articles, garnered from across the web, which discuss why GM failed.

Some of them which stand out are:

  • Failure to  innovate
  • GM’s move and attention to trucks
  • Partnership with SAAB in Europe became costly
  • Failure to keep pace with smaller and more efficient Japanese cars (Toyota and Honda)

Read the full list here.

End of GM and how to read WSJ free

pic courtesy: online.wsj.com
Workers took down a sign after a speech by GM CEO Fritz Henderson in New York Monday. (pic courtesy: online.wsj.com)

Just finished reading a long article on the Wall Street Journal, on the plight of the iconic American car maker – GM. On Monday, June 1, 2009, GM filed for bankruptcy. For a carmaker, which had more than 50% of the market share in the United States, it is indeed a starting end. We now need to see what happens. America was known for its cars – hey, Ford invented the first motor car!. And it is shocking to see the economic downturn pull down the very symbol of its economy. All because of some suits in the investment community, who became a little too greedy, and started doing unethical, impractical, and yet stupid things. It brought the real estate market crashing down. Now it is the auto industry. What is next ?

How to read WSJ articles free (without subscription):

What WSJ has done for the sake of google to index all of its content, proves very benefical to people like me, who read WSJ articles only on a semi-regular basis. Go to online.wsj.com. All the articles which are subscriber only content, have a key symbol next to it. (For example: “A Saga of Decline and Denial” – this is the article that I mention above, that I just finished reading). Copy-paste the title of the article (in this example – “A Saga of Decline and Denial” into google). And click the first link, and there you have it – the article in full glory. Thanks Openculture for this nugget of information (link), which links to businessinsider (link).

Waiting for the perfect shot !

They say patience pays off. More so, if you are a photographer waiting for the perfect shot. You keep taking shot after shot, until you hit the spot. It becomes a bit frustrating too, if the subject is human. (I have done this with florida sunsets, and the sunsets do not wait for you either). The below photograph is the seventh attempt, and boy, did he get it right or what ?

pic courtesy: Art Wolfe
pic courtesy: Art Wolfe

Click here to see all the attempts.