Ah, Toggles,
surely, you jest.
Until this generation of American managers is gone, there will be no thought, no reflection. Just look at the mess Chrysler and FIAT are making of things, the stupidity of GM (a company I am sympathetic to) and the way the banking industry has gone back to their old ways as if nothing had happened.
What American companies have not grasped is that even if the US is still the world's foremost economy, there is no one single branch left in the US which can't be taken on and conquered by the EC, not to mention China.
We saw how fast all those true-blue Dixie Republicans caved when VW, BMW and Toyota offered them money to build their 'forern' cars in their super Red states...
No, neither Whirlpool nor GE will learn. It wasn't until the Bauknecht group was costing Whirlpool more money for repairs in warranty than profit that Whirlpool finally upped quality back to minimally acceptable levels...and lost two whole generations of loyal market share doing it. People in my age group and the folks younger than me will never, ever under any circumstances regard Whirlpool anything in Europe as a serious investment, just as throw-away junk.