General Motors (NYSE:GM) is facing a problem that all “legacy” corporations are facing. Can it become a “new” Modern Corporation and compete in the world that is now evolving?
It is a common story, one that I have written about quite frequently. Some of the subjects of these studies in General Electric (NYSE:GE), AT&T (NYSE:T), and IBM (NYSE:IBM).
GM has narrowed its focus, unlike some of these companies, and is making a real effort to bring the company into the twenty-first century. It still has hurdles to get over, but with its leader, Mary Barra, I think it is a company to watch and a company to learn from. So much is changing in this “pandemic world”, investors need to keep a close eye on companies like GM in order to learn and adjust their investment strategy in order to take advantage of what works… and what doesn’t.
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