Fortune is one of the foremost institution in the world that ranks company's and people according to various achievements. One of the most famous among them is the Fortune's 500 list (comprising of most important 500 companies from the world). And now, in a recent article published in Fortune, writer Ben Geier has nominated Marry Barra, CEO, General Motors, as the Crisis Manager of the Year. Marry Barra took the throne of CEO at General Motors on 15th January, 2014 and ever-since, she is facing a lot of trouble with GM.
Her ascension to the GM throne was not easy and she has faced a lot of criticism, but many are celebrating the move too. As soon as Barra joined GM, more than 30 million vehicles were recalled worldwide, 26 million in U.S alone. This was one of the biggest recall in the GM history and was intensified by the fact that GM knew about the same problem since 2004 and had to spend $2.7 billion on a single recall.
According to Geier, the way Marry Barra handled the situation is worth accolades. And not only this recall, the way she comes in front for every situation and handles it with compassion, is commendable. Geier argues that Barra has changed the way GM used to handle any crisis issue, be it the recalls or be it the bankruptcy. Marry Barra is here to stay and will make GM a completely new organization, as Geier figures out.
Marry Barra also visited India in September to inaugurate the GM's export operations through India. A lot of 140 India made Chevrolet Beats were exported to Chile in South America.