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8 Changes in the Auto Industry

Weston Vogel   Cameron Owens   Dylan Young
Kotter’s 8 Steps to Change
•   Step 1 – Create Urgency
•   Step 2 – Form a Powerful Coalition
•   Step 3 – Create a Vision for Change
•   Step 4 – Communicate the Vision
•   Step 5 – Remove Obstacles
•   Step 6 – Create Short-term Wins
•   Step 7 – Build on the Change
•   Step 8 – Anchor the Change
Step 1 - Create Urgency

• Government Bailout

• Worst year in GM history

• Overhaul of 75% of Management
Step 2 – Form a Powerful Coalition

• Spread new policy through entire company

• New management with need for change
 ideology

• Reduced complexity

• Single-point accountability
Step 3 – Create a Vision for Change

• Looking to future instead of present

• Changes to product lines

• EN-V concept
Step 4 – Communicate the Vision

• Marketing campaign

• Show changes vs. competetion

• Get public talking
Step 5 – Remove Obstacles

• Slim down production

• Remove unnecessary clutter and jobs
Step 6 - Create Short-term Wins

• Finishing in the black

• Paying back the bailout loan

• Regaining public trust
Step 7 – Build on the Change

• Cannot settle for short term accomplishments

• Goal of returning what it once was

• Bringing the best and most advance product to
 market
Step 8 – Anchor the Changes

• Keep new ideas in employee’s minds

• Hire only people who will help advance the
 company

• Plan for when decision makers retire
Review

GM used these 8 steps to overhaul their
company

This allowed GM to restore themselves from
ruins to greatness

These 8 steps show any company can rebuild

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8 changes ppt

  • 1. 8 Changes in the Auto Industry Weston Vogel Cameron Owens Dylan Young
  • 2. Kotter’s 8 Steps to Change • Step 1 – Create Urgency • Step 2 – Form a Powerful Coalition • Step 3 – Create a Vision for Change • Step 4 – Communicate the Vision • Step 5 – Remove Obstacles • Step 6 – Create Short-term Wins • Step 7 – Build on the Change • Step 8 – Anchor the Change
  • 3. Step 1 - Create Urgency • Government Bailout • Worst year in GM history • Overhaul of 75% of Management
  • 4. Step 2 – Form a Powerful Coalition • Spread new policy through entire company • New management with need for change ideology • Reduced complexity • Single-point accountability
  • 5. Step 3 – Create a Vision for Change • Looking to future instead of present • Changes to product lines • EN-V concept
  • 6. Step 4 – Communicate the Vision • Marketing campaign • Show changes vs. competetion • Get public talking
  • 7. Step 5 – Remove Obstacles • Slim down production • Remove unnecessary clutter and jobs
  • 8. Step 6 - Create Short-term Wins • Finishing in the black • Paying back the bailout loan • Regaining public trust
  • 9. Step 7 – Build on the Change • Cannot settle for short term accomplishments • Goal of returning what it once was • Bringing the best and most advance product to market
  • 10. Step 8 – Anchor the Changes • Keep new ideas in employee’s minds • Hire only people who will help advance the company • Plan for when decision makers retire
  • 11. Review GM used these 8 steps to overhaul their company This allowed GM to restore themselves from ruins to greatness These 8 steps show any company can rebuild