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Auto News Articles - The open secret of success
News Article
The open secret of success
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Source: MSNBC
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Date:5/6/2008
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Source Link: Click Here |
In the current atmosphere of economic tumult, the announcement that Toyota sold 160,000 more cars than General Motors in the first three months of this year might seem like a minor news item. But it may very well signal the end of one of the most remarkable runs in business history. At the core of the companys success is the Toyota Production System, which took shape in the years after the Second World War, when Japan was literally rebuilding itself, and capital and equipment were hard to come by.
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