3 ms·
"Neither fell prey to cheap foreign competition, but to their own mistakes. Their culture evolved to prioritize financial performance over engineering excellenc
by julienchastang 2y ago
"Neither fell prey to cheap foreign competition, but to their own mistakes. Their culture evolved to prioritize financial performance over engineering excellence, which also brought down another manufacturing icon, General Electric."
"They could learn from Musk’s willingness to sleep on factory floors and give priority to product development over earnings per share."