It’s a terrible thing, I think, in life to wait until you’re ready. I have this feeling now that actually no one is ever ready to do anything. There is almost no such thing as ready. There is only now. And you may as well do it now. Generally speaking, now is as good a time as any.
An oldie, but goodie… GM: Fortune 500 to Redlined Fortune
GM topped the acclaimed Fortune 500 list in 1955 and for the 52 years that followed, remained in the top 3 by revenue. Now teetering on the fine line of bankruptcy with a new meaning to the overused ‘bailout’, this company represents the pinnacle of the American binge behavior.
The world continued with manufacturing advances to reduce carbon emissions and turned the focus to eco-friendly vehicles that would lessen our human thumbprint on the environment, once we were shown a very realistic picture of what our world could spiral quickly into. GM wasn’t alone in the adaptation mishap, the US in general was losing much of its manufacturing to the global competition. But while the US quickly scrambled to catch up to the world that was speeding past us in sectors ranging from technology to manufacturing, GM stood still while quicksand began to pour into the ground around them.
Our debt-driven, need-to-have-it-now, impatient and demanding greed has caused our economic meltdown and contributed to tens of millions of jobs lost that could take our unemployment percentage to double digits within months. I did it, you did it, our neighbors did it. We all contributed to our crisis by allowing our instant gratification desire to overpower the pace of the world.