General Motors Company Case Analysis

2051 WordsApr 27, 20159 Pages
General Motors Company General Motors Company, more often known as GM, is a multinational firm that specializes in designing, manufacturing, marketing and distributing vehicles and vehicle parts. It was founded in 1908 by William Durant and Charles Mott and led global vehicle sales for 77 consecutive years (1931 – 2007.) GM is now one of the largest automakers in the world. The auto company employs 212,000 people and does business in more than 120 countries. As a consolidated global entity, with production operations in over 35 countries, GM faces several opportunities for risk exposure. The three main classes of risks that GM faces include operational risk, financial risk and legal, or compliance, risk. Operational risk is one of the largest risks that GM faces, as it includes exposure to failures of their people, their processes, systems and any external events. With operations in countries all over the world, GM is constantly restructuring their day-to-day processes and the structure of the specific operations. For example, they are currently facing difficult operating and market conditions in certain countries, like in Europe, and are forced to restructure, impair or rationalize these operations. As smooth and successful operations in all countries that they do business in is one the keys to their achievement, a failure in these restructurings would result in a significant negative impact to the company. Unfortunately the only thing that they can do to

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