A Lesson in Corporate Ingenuity <Toyota vs General Motors> - FMVperformance.com : The site for all your Ford Mazda and Volvo needs
 
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post #1 of 3 (permalink) Old 03-09-2007, 07:26 PM Thread Starter
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A Lesson in Corporate Ingenuity <Toyota vs General Motors>

excuse if this is a repost, its new to me

A Lesson in Corporate Ingenuity*

*A Japanese company (**Toyota**) and an American company (General Motors)
decided to have a canoe race on the **Missouri River**. Both teams practiced
long and hard to reach their peak performance before the race. On the
big day, the Japanese team won by a mile. *

*The Americans, very discouraged and depressed, decided to investigate
the reason for the crushing defeat. A management team made up of senior
management was formed to investigate and recommend appropriate action.

*Their conclusion was the Japanese team had 8 people rowing and 1 person
steering, while the American team had 8 people steering and 1 person rowing.
So American management hired a consulting company and paid them a large
amount of money for a second opinion. *

*They advised that too many people were steering the boat, while not
enough people were rowing. To prevent another loss to the Japanese, the
American&#039;s rowing team&#039;s management structure was totally reorganized to 4
Steering Supervisors, 3 Area Steering Superintendents and 1 Assistant
Superintendent Steering Manager. *

*They also implemented a new performance system that would give the 1
person rowing the boat greater incentive to work harder. It was called the
&quot;Rowing Team Quality First Program,&quot; with meetings, dinners and free pens for
the rower. There was discussion of getting new paddles, canoes and other
equipment, extra vacation days for practices and bonuses. *

*The next year the Japanese won by two miles. Humiliated, the American
management laid off the rower for poor performance, halted development
of a new canoe, sold the paddles, and canceled all capital investments for
new equipment. The money saved was distributed to the Senior Executives as
bonuses and the next year&#039;s racing team was outsourced to India

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post #2 of 3 (permalink) Old 03-09-2007, 07:52 PM
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Re: A Lesson in Corporate Ingenuity <sad sign of the times>

all too true :?

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post #3 of 3 (permalink) Old 03-09-2007, 08:19 PM
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Re: A Lesson in Corporate Ingenuity <sad sign of the times>

lol, thats life

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