General Motors CEO Mary Barra Is Betting The Future Is Electric
May 2, 2024
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GM CEO Mary Barra discusses transforming the company to a tech giant with electric drive and autonomous cars. The challenges faced during crises, cultural transformation, balancing gas & electric vehicles, and GM's strategy for the future are highlighted in this insightful podcast.
Mary Barra aims to double General Motor's revenue and transition into a tech-focused company.
GM under Barra's leadership prioritizes safety in vehicle design and workplace culture.
Deep dives
AI Impacting Finance Jobs
AI is reshaping the finance sector, with 40% of job roles in finance currently focusing on AI-related positions. Companies are leveraging AI to enhance customer experiences, reflecting a significant shift in the industry.
GM CEO's Transformation Journey
Mary Barra, the CEO of General Motors, has navigated the company through major challenges, including financial struggles and a product recall crisis. She has steered GM towards profitability but faces skepticism from Wall Street despite ambitious EV plans.
Cultural Shift at GM
Under Mary Barra's leadership, GM has transformed its culture towards prioritizing safety and accountability. The emphasis on safety extends to vehicle design and workplace practices, with a focus on ensuring a safety-first mindset throughout the organization.
Challenges and Ambitions in EV Market
GM is committed to an all-electric vehicle lineup by 2035, aiming to match Tesla's innovation. Barra acknowledges the competitive landscape and the need to balance shareholder interests with technological advancements and environmental concerns in the rapidly evolving automotive industry.
Mary Barra has an ambitious plan: to double General Motor’s revenue to $280 billion by the end of the decade and turn the legacy automaker into more of a tech company. To pull this off, she's going all in on electric drive and autonomous cars. At the ten year mark of her career as CEO, Emily Chang sits down with Barra to discuss her journey to the c-suite, her big plans for the future and what it'll take to turn them into a reality.