How Toyota became the most innovative car company in the world
This weekend's New York Times Magazine featured a great cover story on Toyota, which explained how the Japanese company has become the acknowledged leader in the global automobile industry. At a time when Ford and GM are downsizing and rightsizing, the incredible Toyota engineering team continues to get things right. The latest product is the Toyota Tundra, a new full-size truck designed with Red State America in mind. With Toyota, small incremental innovations snowball over time into huge improvements in productivity, efficiency and output. By the end of 2007, Toyota could pass GM as the world's largest car company. Already, the company's stock market capitalization is $240 billion - higher than that of GM, Ford, Daimler Chrysler, Honda and Nissan combined. If Toyota were a baseball team, surmises Jon Gertner of the New York Times, it would be the type of team that wins 150 out of 162 games.
Anyway, if you're looking for some Japanese management buzzwords to inject into your cocktail conversations, the article explains concepts like kaizen ("continuous improvement") and genchi genbutsu ("what customers want in a car or truck and how any current versions come up short"). What's cool is that Toyota engineering and design teams actually make archaeological visits to truck graveyards in Michigan, where they examine the rusting hulks of old trucks: "With so many retired trucks in one place, they also gained a better sense of how trucks had evolved over the past 30 years - becoming larger, more various, more luxurious - and where they might go next." (In addition to this great quote about evolution, the article highlights the importance of Toyota's DNA -- both topics, of course, that relate directly to the Endless Innovation blog!)
Malcolm Gladwell teaches "Get over yourself and get to work" for Big Think Edge.
- Learn to recognize failure and know the big difference between panicking and choking.
- At Big Think Edge, Malcolm Gladwell teaches how to check your inner critic and get clear on what failure is.
- Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
You can say 'no' to things, and you should. Do it like this.
- Give yourself permission to say "no" to things. Saying yes to everything is a fast way to burn out.
- Learn to say no in a way that keeps the door of opportunity open: No should never be a one-word answer. Say "No, but I could do this instead," or, "No, but let me connect you to someone who can help."
- If you really want to say yes but can't manage another commitment, try qualifiers like "yes, if," or "yes, after."
From questionable shipwrecks to outright attacks, they clearly don't want to be bothered.
- Many have tried to contact the Sentinelese, to write about them, or otherwise.
- But the inhabitants of the 23 square mile island in the Bay of Bengal don't want anything to do with the outside world.
- Their numbers are unknown, but either 40 or 500 remain.
Neuroscience research suggests it might be time to rethink our ideas about when exactly a child becomes an adult.
- Research suggests that most human brains take about 25 years to develop, though these rates can vary among men and women, and among individuals.
- Although the human brain matures in size during adolescence, important developments within the prefrontal cortex and other regions still take pace well into one's 20s.
- The findings raise complex ethical questions about the way our criminal justice systems punishes criminals in their late teens and early 20s.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.