Crisis Decision-Making
The discussion reveals the complexities of decision-making during a crisis, particularly in the context of GM's bankruptcy. The potential contagion effects on the entire auto industry underscore the importance of considering all stakeholders involved. Additionally, the conversation highlights the critical role of labor contracts and the challenges firms face in adhering to them during turbulent times.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep 11 All Else Equal with Jim Millstein: "Is Bankruptcy the End?"
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