General Motors CEO Mary Barra, flanked by global product chief Mark Reuss and company president Dan Ammann, came forward with the findings of the Anton Valukas report this morning. In its wake, five GM employees were disciplined, and another fifteen were fired from the company. The company has also taken the following steps to increase safety and communication both internally and externally. They are:
1) GM named Jeff Boyer Vice President of Safety for the company, elevating and integrating our safety processes under a single leader. Jeff reports directly to Reuss, while meeting with Barra on a regular basis.
2) The company has added 35 safety investigators that will help identify and address issues in a quicker manner.
3) The newly launched Speak Up for Safety program helps encourage and incentivize employees to report potential safety issues quickly.
4) There’s also the a new Global Product Integrity organization that aims to enhance our overall safety and quality performance of vehicles.
5) GM has restructured the safety decision-making process to raise it to the highest levels of the company, with senior management taking on more responsibility of the issues.
6) The GM Board of Directors also retained independent counsel to advise them with respect to both this situation and governance, along with other risk management issues. It will establish a stand-alone risk committee to assist in overseeing these efforts.
In short, there’s a lot happening within General Motors to make sure that nothing like this happens again. But in your eyes, do you think it’s enough? If not, what do you think the company should be doing? Let us know by participating in our latest poll, and sounding off in the comments below.