Simple is Better: A Goodbye Gift From Bob Lutz

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Automotive News has a fascinating article on the retirement of Bob Lutz from GMC after over 50 years in the auto industry. His appraisal of why GM failed is that they over intellectualized the business--five levels of design, five levels of production, too many smart people, not enough common sense.

The article is required reading for entrepreneurs looking to develop/refine their business model.  Simple is better, whether you are nurturing a start up or managing one of the largest companies in the world.