Delphi is the model. They did a miraculous job of protecting their suppliers. |
It's more sweeping than you would see in a bankruptcy environment. He's going to look at it objectively, more so than a typical insider would. It's a guy like Steve Miller that really asks the tough, penetrating questions that force organizations to face the brutal facts. He probably opened up the eyes of the management team. |
The fundamental question he asked himself is, 'Can we compete and earn reasonable rates of return on capital long-term'. |