READ AND LEARN
The machine that changed the world
Reading Pick of the day! The machine that changed the world - by James P. Womack, Daniel T. Jones and Daniel Roos.
Todayβs reading pick:
The machine that changed the world
The machine that changed the world by James P. Womack, Daniel T. Jones and Daniel Roos is a management classic. Not only taught in worldwide leading business schools, this book remains relevant since first published in 1990. Itβs about the never ending cycle of disruption, innovation and change in markets and technologies. This book offers you great lessons of the lean revolution itself as well as the transformation trough digitization and advanced computing technology.
Key Take Aways of this Book
Coming from Toyotas lean manufacturing process - two main roots > mass and best of class production.
The price to quality ratio got Toyota on the top of the industry.
Lean production beats mass production across all process steps in car manufacturing.
In the west distribution of cars is still set up as it was during Henry Fordβs time (outdated).
The market you want to compete in is the market you have to produce.
Lean production faces the same obstacles in acceptance like mass production once did.
Lean production will develop to the mainstream format of industrial manufacturing of goods in the 21st century.
The big question after reading this book is if the western countries will be able to find their own way in lean manufacturing or if the Japanese will drive the market?
Enjoy reading and improving!
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In a world where leadership often equates to tough exteriors and unyielding authority, "Dare to Lead: Brave Work. Tough Conversations. Whole Hearts." stands as a beacon of hope and transformation.
In the realm of business literature, few books tackle the unglamorous, gritty realities of leading a company through turbulent times. "The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers" by Ben Horowitz does just that.
Why does Emotional Intelligence (EQ) matter, and in what ways can it impact our lives more significantly than IQ? In "Emotional Intelligence: Why It Can Matter More Than IQ," Daniel Goleman introduces a groundbreaking argument that our emotional abilities can be more powerful than our measured intelligence.
Why do some organizations succeed in inspiring action, both internally among employees and externally among consumers, while others falter? "Start with Why: How Great Leaders Inspire Everyone to Take Action" by Simon Sinek
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In "Side Hustle: From Idea to Income in 27 Days," Guillebeau outlines a step-by-step plan for anyone looking to create an additional income stream without quitting their day job.
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