A Quote by Clayton M. Christensen
Disruption is continuously afoot in every industry, but especially in autos. It is how Toyota, Nissan and Honda bloodied Detroit: They did not start their attack with Lexus, Infiniti and Acura, but with low-end subcompact models branded Corona, Datsun and CVCC.
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Nissan is recalling almost 135,000 Infiniti G35s to address an airbag problem. When Toyota heard that, they said, 'Airbags! I knew we forgot something.'
My worst ever car was a green Datsun B210, back when they called it 'Datsun' - now it's 'Nissan.' Very unsexy, unattractive. Girls hated the car. I was embarrassed to even be in it but it was my transportation.
My worst ever car was a green Datsun B210, back when they called it 'Datsun' - now it's 'Nissan.' Very unsexy, unattractive. Girls hated the car. I was embarrassed to even be in it... but it was my transportation.
Money is very difficult to think about. So, we think about money as the opportunity cost of money. So, we at some point went to a Toyota dealership and we asked people, what will you not be able to do in the future if you bought this Toyota? Now, you would expect people to have an answer. But people were kind of shocked by the question. They never thought about it before. So, the most we got was people said, "Well, if I can't buy this Toyota, if I buy this Toyota, I can't buy a Honda." What is this thing? What is this value of price? Very hard to think about it.
There is a great market for cars in the United States - as Honda and Toyota have proven.
John Shook's experience shows just how important problemsolving is at Toyota - it comes before any other job skill for the graduate intake. When I joined Toyota in Toyota City (where for a time I was the only American) in late 1983, every newly hired college graduate employee began learning his job by being coached [...]
Digital disruption has blurred industry lines. You have industry convergence. You have cross-industry platforms. And you have CEOs who are benchmarking the best, regardless of industry.
Social media has had a huge impact on the industry. Models now have voices. We are connected directly to millions of people, and we are no longer just pretty faces modeling clothes. This has allowed us to reach a broad audience. This platform for models to connect directly with their fans has started to shift the power dynamic in the industry, but there's still a long way to go. I think we are heading in the right direction, as more people start to see the value in inviting models in the creative and collaborative process.
James Comey had nine interactions with Bob Mueller after the Donald Trump's election. And in none of those, Comey testified, did he express any interest, concern, about what the Russians did, how they did it, how do we prevent it. He continuously has in fact denigrated the whole idea and dismissed that it was the Russians, and apparently hasn't yet accepted the 100-percent consensus of everybody that knows about this that this was a conscious and deliberate effort on their part to attack our democracy.
And that John F. Kennedy uttered the first variation of "ask not what your country can do for you" in Detroit on Labor Day in 1960. So Detroit was really central to Democratic politics United States. Every Democratic candidate would start their fall campaigns in Cadillac Square.
Every single industry is going through a major business model and technology oriented disruption.
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The key to the Toyota Way and what makes Toyota stand out is not any of the individual elements…But what is important is having all the elements together as a system. It must be practiced every day in a very consistent manner, not in spurts.
In my opinion, one of the most exciting potentials of the blockchain relate to creating new business models, whether in public or in private settings. In most of these cases, the new models don't care for incumbents because they are mostly on a disruption quest.
Have I mentioned that I expect death around every turn, that every blue sky has a safe sailing out of it, that every bus runs me over, that every low, mean syllable uttered in my direction seems to intimate the violence of murder, that every family seems like an opportunity for ruin and every marriage a ceremony into which calamity will fall and hearts will be broken and lives destroyed and people branded by the mortifications of love?
Toyota has announced it will start integrating Microsoft technology into their vehicles. It's perfect for the person who wants a car that crashes every ten minutes.
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