This thread got me thinking about that book again. It is good, a fascinating look at a dysfunctional company in a dysfuctional industry, at least at the time. Each of the 'Big 3' was in their own unique bad situation, brought to a head by the financial crisis. I have a little different perspective on the Mulally years these days. No question he was the right man for the Ford CEO postion at the time (Bill Ford certainly was not, but at least he knew that) and his common sense pragmatic approach was spot-on. However, you can't help but notice after he left Ford the company went back to a lot of its old bad habits. I often wondered if Fields and some other executives were just waiting Mulally out, figuring after he was gone and Ford was solid financially they could go back to 'business as usual'. Boeing's recent troubles also come to mind, and while a lot of what Mulally did there got Boeing out of their post 9/11 crisis but now they seem to be in a far worse crisis and some are saying the roots of many of the issues Boeing is currently facing are the results of some of Mulally's policies not being properly managed, notably relying on subcontractors. Seems to me while you would be hard-pressed to find fault in Mulally's performance both at Boeing and Ford in both cases things eventually went bad after he left. Of course you can't blame Mulally for what idiots may have done after he left, but it is ironic that neither Boeing or Ford found people to 'carry the torch' after he was gone.