4 ms·
Beware confirmation bias. There are certainly companies like that, but I bet there are many more that aren't that don't rise to your attention level. Profit is
by darkerside 5y ago
Beware confirmation bias. There are certainly companies like that, but I bet there are many more that aren't that don't rise to your attention level.
Profit is the holy grail for all companies. It's not an accidental outcome that Toyota is profitable. The quest for profit is the basis for everything they do, even if it doesn't seem like it. They just picked their heads up a little compared to their US peers so they can see farther down the road.
- wpietri 5y agoYou are absolutely incorrect about Toyota. And most Lean companies. Their management philosophy is fundamentally different. If you'd like to learn more, maybe start with Rother's "Toyota Kata". Maybe along with the This American Life epsiode "NUMMI".
- xboxnolifes 5y agoProfit not being the metric and profit not being the goal are two completely different things.
- wpietri 5y agoI'm not sure what you're trying to suggest. But in the case of Toyota and most Lean companies, profit is a metric, but is not the goal.
- darkerside 5y agoCan you provide a thesis so I know what I'm looking for of I chose to do the research you've laid out for me? What is Toyota's goal, if not profit?
- wpietri 5y agoThis whole reductionist notion that an 80-year-old company with 300,000 employees has a single goal is part of your problem. Embrace complexity. But if you're looking for their take on the basics, start with their website: https://search.newsroom.toyota.co.jp/en/all/search.x?tag=Vision+%26+Philosophy&pagemax=20 https://search.newsroom.toyota.co.jp/en/all/search.x?tag=Vis...
- darkerside 5y agoI've read War and Peace, I get that you can model the goals of an organization as the integral of the goals of its constituents. I do embrace that complexity. But reductionism is helpful sometimes. The integral of a complex equation can add up to an integer. Modeling planetary movements in a way that's similar to a spherical cow in a vacuum may not be perfect, but it is possible, and tells you quite a bit. Reductively, companies pursue profit, in the same way that people pursue money. It's not all-consuming, but if you want to model behavior, that's probably the place to start.
- wpietri 5y agoA fine argument for you clinging to your too-simple model and your ignorance. And a good sign that I wasted my time giving you citations you were never going to read.