429 General Motors Imperial Infighting
As soon as Lascob stepped forward, Sloan had a headache and immediately objected: "I don't agree to spend the company's funds on construction competitions in order to compete for fame, it's stupid!" β
"Can we ignore the advertising of the building and the image of the company? The increase in Chrysler car sales is the best proof of this, and I strongly disagree with Mr. Sloan's stupid assessment. β
Lascob did not show weakness, retorting to Sloan in front of the company's top management and directors, and as usual, the attendees did not speak, but sat and watched the CEO and CFO arguing and tearing up.
"Here we go again! These two idiots! β
Pierre. DuPont was expressionless, clasped his hands in front of his chest, and cursed in his heart, he was helpless every time, and every time he was troubled by the quarrel between the two.
Lascob is his best friend and partner, from his own DuPont family three generations to revitalize the DuPont family has been almost 30 years to today, for the DuPont gunpowder empire has made great contributions, and later also participated in the formation of General Motors, and he joined forces to get rid of the former CEO Durant, with super financial talent to help the DuPont consortium buy General Motors shares, and finally the DuPont consortium can control General Motors with 36% of the shares.
It can be said that Lascob is the most trusted partner of the DuPont family, who has contributed a lot to the GM empire, and is also one of the veterans of General Motors.
As for Sloan, his talent is undoubted, and it was the best fit to hand over GM to him, and he lived up to the trust of himself and the board of directors to bring GM out of the predicament of loss, and now GM can't do without him.
One is a shareholder and financial officer, the other is a CEO, and the two compete for power, almost to the point of incompatibility. DuPont is sandwiched in the middle. He has not taken a position, and is emotionally on the side of Rascob, but in fact he is pro-Sloane.
It's time to decide!
Otherwise, it could ruin its own car empire, and GM would be in turmoil, which would give the Morgan consortium, another major shareholder, an opportunity.
Pierre. DuPont thought to himself, even though the timing of this decision was sooner than expected. The external cause is still a rival's skyscraper, but he is not an indecisive person, and he will not be soft when it is time to start.
How can a man who can blow up a rival's dynamite factory be indecisive?
The automobile industry has great prospects, and he is very envious of Henry on the issue of control of car companies. Ford, at the same time, also thinks that it is unwise for Situ Nan to reduce his stake in Chrysler Motor Company!
Pierre. DuPont became more and more interested in General Motors, and if it weren't for the Morgan consortium, he would have privatized GM and turned it into a private property of the DuPont family. Monopolized General Motors.
The DuPont consortium has not been doing well in the chemical industry in recent years, the traditional explosives market has shrunk seriously, and at the same time, it has been blocked by giant companies in the emerging petrochemical and pharmaceutical fields, and it is no longer a unique chemical overlord.
What is more worthy of the DuPont consortium is that DuPont Chemical maintains a leading position in the fertilizer market, earning hundreds of millions of profits every year.
"Damn Stoney. William, damn the Mellon family! β
Pierre. DuPont scolded in his heart, if it weren't for the two joining forces, it would be too powerful. He really wanted to send someone to California to blow up the Giant Corporation's factory!
Pierre. DuPont could only be unconvinced in his heart, but he had to admit it. The William Consortium has completely surpassed the DuPont Consortium, and in the chemical and automotive industries, where the DuPont Consortium has advantages, there are giants such as Giant Chemical and Chrysler Automobile, and in the energy industry, there are Western oil companies that can compete with Rockefeller's standard system.
The DuPont consortium has done little in the oil industry, and chemical plants occasionally have to buy raw materials from each other. This comparison does not need to be compared with other industries, it has already been compared.
"General Motors is the backbone of the DuPont consortium, and the automobile industry is also one of the few industries in which the DuPont consortium is ahead of the William consortium, and I must not let the internal struggle of the company ruin my car empire!"
Despite the fact that Pierre. DuPont had a decision in mind. But he was silent on the surface, looking at Sloan, who was red and red and choked with anger, and was openly slapped in the face by his subordinates, can he not be angry?
Looking at the grim-faced Rascob again, he seemed a little smug again, feeling that he had once again dealt a blow to Sloan's prestige in front of the board of directors and the company's top management.
Pierre. Dupont coughed lightly, drawing everyone's attention, and at this moment he smiled, "Gentlemen, your quarrel makes my eardrums ache, and I think that's exactly what Chrysler was looking forward to." β
Hehe, the directors on the board of directors who were "bombarded" by Lascob and Sloan showed a knowing smile, Lascob and Sloan looked at each other, snorted coldly in their hearts, and didn't speak. DuPont spoke, they couldn't continue to be presumptuous.
As is customary in the past, Pierre. DuPont would say a few words lightly, and then there would be no follow-up.
I saw Pierre. Dupont's face became serious at this moment, ignoring Lascob and Sloane, and continued: "If Walter. Chrysler knew that because one building could pit, or even turn my CEO and CFO against each other, I thought he would build not just one building, but several more buildings.
When the time comes, he will proudly tell reporters that Chrysler cars beat their competitors through the construction industry!
Our General Motors did not lose in automobile manufacturing, but lost in construction buildings, which is really a classic case of commercial competition! β
Pierre. DuPont finally got angry this time, and although he didn't use a dirty word to curse, it made the two factions of GM have hot faces.
Sloan didn't expect Pierre. DuPont was so angry, his mouth moved, he wanted to distinguish a few words, but he still forgot it, and he couldn't help but say nothing.
Lascob looked at Pierre. Du Pont's gloomy face, his heart was in a hurry, he had endured it for so long, and he was finally going to make a move. Ostensibly Pierre. DuPont was blaming himself and Sloane, but Lascob understood that most of the board was on him, because he was still nominally Sloan's subordinate!
Rascob didn't distinguish either, he had a hunch in his heart that he had been fighting with Sloan for control of General Motors for several years, and he couldn't reach Sloan's competitor by all means. DuPont's choice.
Pierre. After DuPont vented his anger and calmed everyone down. Suddenly, he asked Sloane, "If the company wants to build a taller building than the Chrysler Building, is there a problem with funding?" β
"Mr. DuPont, it's not a good idea to use the money to build tall buildingsβ" Sloane said quickly.
"I ask you about funding, I can judge if it's a good idea." Pierre. Dupont interrupted Sloane and asked forcefully.
Sloane's face froze. Look at Pierre. DuPont's long face lasted a few seconds, and when he saw that the other party was calm, he understood that DuPont also had the idea of building a building.
After a little calculation in his heart, he reluctantly replied: "Squeeze it, the money should be able to raise three or four million US dollars, and if it is more, it will affect the operation of the automobile company, and the capital chain will be under great pressure." β
Pierre. Dupont reached out and pressed it to stop what Sloane was about to say. Nodding, he said lightly: "Okay, I know!" β
Sloane's face was gloomy, despite the fact that Pierre. Dupont didn't explicitly say he was going to build the building, but he was already on the side of the Lascob guy.
People are their own people!
Sloan sighed inwardly.
Lascob saw it in his eyes, and his heart was dark. Pierre. DuPont asked Sloan to come up with the funds to build the building, which seemed to illustrate Pierre. DuPont is still optimistic about itself.
After the meeting was adjourned, Pierre. DuPont left Lascob and Sloan behind. None of the three spoke in the office.
Pierre. Dupont stood in front of the window and smoked a cigarette silently, with his back to Lascob and Sloane. It is impossible to see the expression on his face.
Lascob's face was a little plenish, and he looked at Sloan defiantly, as if to say, "I'll just say, it's a good idea to build a building, what's the use of you opposing it?" With me for a day, you don't want to cover the sky with one hand in General Motors! β
Sloane didn't speak. Don't look away slightly, keep your head slightly down, ignore Rascob, silently thinking about his own thoughts.
GM has a lot of money and can afford to squeeze out four or five million dollars to build a building. But he cares more about his dignity and control over the company.
There is no doubt that the existence of these people in Lascob has seriously affected the development of General Motors.
If...... What if-
Sloane was a calm man after all, and a momentary setback was not enough for him to be sorry for Pierre. DuPont showdown said--choose me or Lascob, you can do it!
Where is there no struggle, no disagreement?
Sloan thinks he can tolerate dissenting opinions in the company, and that disagreement is in some way beneficial to the company, provided that it does not exceed his own bottom line, and an arrogant patriarch like Lascob is clearly not within his tolerance.
Sloane looked up and looked at Pierre again. DuPont's back glanced at him and saw that he was motionless, the only thing that moved was the smoke of the cigar in his hand that was blown away by the wind, and the smoke was blown in by the wind and slowly filled the room.
It's been a few minutes, and what do you still say?
Everything was quiet, the atmosphere in the room became depressing, and even Lascomb, who had just benefited a little, became a little apprehensive. DuPont's idea.
As if hearing Sloane's call, Pierre. DuPont finally turned around and smiled at Rascob, "It's a good idea to build a building, you're right, we can't let Chrysler go down!" β
"Yes." Lascob smiled and nodded.
"Are you willing to take care of this?" Pierre. DuPont asked again.
"Of course! It is my pleasure. Rascob said confidently.
"Then, in the future, you will concentrate on building the building, and you will not have to meddle in the affairs of the automobile company, what do you think of this idea?" Pierre. Dupont smiled and looked at Lascob with a calm expression.
"W-what's going on?"
With a surprised look on his face, Lascob grew his mouth and looked at Pierre. DuPont looked at Sloane, who was also surprised, and his gaze returned to Pierre. On Dupont's face, seeing that he didn't mean to joke, he asked tentatively, "I'm out?" β
Pierre. DuPont hesitated for a moment, then nodded heavily: "John, this is a difficult decision. The contradiction between you and Alfred has affected the development of General Motors, and since the contradiction cannot be bridged, then the breakup is doomed. As the majority shareholder and chairman of the company, I had to make this decision. β
"Why me?" Lascob was not convinced, his face was flushed with anger, he didn't expect the turning point to come so quickly, he got the task of building the building, but he had to leave General Motors, this is really unacceptable!
Pierre. DuPont is a stab in the face!
Sloane didn't speak, and at the moment he also looked at Pierre. Dupont, see what he has to say.
Just now he was also killed by Pierre. DuPont was shocked by his decision, and thought to himself: if it costs tens of millions of dollars to get rid of this nasty guy Lascob, it will be worth it!
"Man, you know me, and I know you, you're a great financial officer and you're extraordinarily talented. As for why you?
You ask yourself, if you think you can lead GM and do better than Alfred, I'll reconsider that decision.
I want to hear your objective, unbiased answers, not decisions that are carried away by anger. β
Lascob was silent, tempted to say that he had led GM better than Sloan, but he couldn't.
As an excellent financial officer, he has the qualities of calm and objectivity, and in all fairness, in addition to being unaccustomed to each other, Alfred . Sloane is still quite capable.
Rascob was unwilling to admit defeat easily, and even less to see the smug appearance of Sloan's victors, so he did not answer directly, but--"Pierre, I can't answer your question, I'll think about it and I'll answer you in a few days." β
"Good!" Pierre. DuPont nodded, knowing in his heart that Lascob had accepted the reality, how could he not be clear about his own personality?
From the beginning of Lascob's tenure as his secretary, Pierre. DuPont knew what kind of man he was!
Genius, pride, and refusal to admit defeat!
Pierre. DuPont felt that Lascob's talent should not be subordinated to General Motors, and if he could, he could go into politics to make up for the weakest part of the DuPont consortium.
Pierre. DuPont smiled sincerely and reached out to shake Rascob's hand, "Business is business, and it won't affect our friendship, will it?" β
"Yes, my friend!" Rascob smiled reluctantly and shook Pierre hard. DuPont's hand, their decades-long friendship will not be easily destroyed. It's hard to make a decision if you were to change yourself......
Despite their deep friendship, Lascob understood that he had been "wounded" and would never be sorry for Pierre. DuPont is as smooth as ever!
The turmoil at General Motors lasted for several days, affecting many stakeholders, and for several days, Lascob did not go to work, and seemed to have disappeared from General Motors, he was the company's financial officer after all, and his "laissez-faire" caused a small mess in the company's financial situation, and the people in the company were panicked, not knowing where the high-level battle would go.
Pierre. DuPont waited for a week, but Lascob still didn't respond, and he didn't urge Lascob, if he called first, it would mean that he had admitted defeat, at least it would make Lascob have the illusion, Pierre. DuPont didn't want to give Lascob the wrong message.
Sloan also didn't contact Lascob, and he shouldn't have been blind to the chaos of the company, and now he was an outsider, and it was Pierre who was fighting the law. DuPont and Lascob. (To be continued.) )