From corporation to confederation.
Here are two prominent examples of the corporation as a confederation. Eighty years ago General Motors first developed both the organizational concepts and the organizational structure upon which today’s large corporations everywhere are based. And it was based for seventy-five of these eighty years on two basic principles. We own as much as possible of whatever we manufacture and we own everything we do. Now it is experimenting with becoming the minority partner in competing companies: Saab in Sweden, Suzuki and Isuzu in Japan, and it’s about to become the controlling minority partner of Fiat. At the same time, it has divested itself of 70 or 80 percent of what ...
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