Too big to manage or leadership problem?

It may not be astonishing to find that big brother like GM would have such "mistake".

If you have read "G.M. Says It Has Found Serious Flaws in Accounting", you may agree that even the one that famous for management and most of us try to learn from their leadership has the same problem.

Of course, the excuse means that leadership failed to manage, especially facing the sensitive period of Financial Reporting. Or perhaps, leadership was always relied on luck. If there is nothing wrong, then the top ones enjoyed the fame of great leadership.

Perhaps one of my fallacies can be proved again. One must have wisdom to get to the top. Afterward, it is the huge remuneration that makes one busy, not for work, but for counting the money. Therefore, one would not have the same performance any more.

The difference might be without the proper way to investigate before that we did not have cases like that. Now with the GAAP and SOX, we may never short of such news now or in the future.