Chrysler to layoff Charlie Brown

[VermGhost]

Originally posted by Ripsnort
Meanwhile....
Toyota is fearful of US backlash for its automobile  success in US
http://freep.com/apps/pbcs.dll/article?AID=/20070213/BUSINESS01/702130401

Interesting story. Bottom line: Toyota runs their companies better than their U.S. counterparts, and until the U.S. CEOs figure out that quality and customer satisfaction is more important than profit, they'll continue to lose the auto industry (like the television industry) to Japan.

I read that Toyota has something like 7 big bosses.."CEOs" so to speak. They divide soemthing like 9 million a year for their salaries(I may not have the numbers correct, but the concept is what I'm trying to explain here). No huge CEO bonuses, no 10 million dollar golden goose nest eggs...straight forward business.

I'd just like to slap the Big 3 CEO's and say WAKE UP!!!! Same goes for the unions too.

According to my Japanese instructor the leaders of corporations/big businesses in Japan is on par or equal to the common worker.  I think this is because there they do not emphasize rewarding the individual for hard work, but the team.  IF everyone puts in their best effort, everyone benefits, whereas here there has been a downward spiral in the consideration of the fellow man/neighbor and the value of their contribution to a goal.

[1K3]

Originally posted by VermGhost
According to my Japanese instructor the leaders of corporations/big businesses in Japan is on par or equal to the common worker.  I think this is because there they do not emphasize rewarding the individual for hard work, but the team.  IF everyone puts in their best effort, everyone benefits, whereas here there has been a downward spiral in the consideration of the fellow man/neighbor and the value of their contribution to a goal.

Spot on!

That's why Toyota has ~7-9 CEOs, i think it was mentioned on a thread similar to this but locked.  I never heard of a team of CEOs 'till now:D

[Sundowner]

quote tedrbr:

".....I forget whether my Toyota Tundra (Limited) was assembled in Illinois or Indiana. I know the rear leaf springs were made in Mexico, and electronics probably Nippon Denso, and the battery China more than likely..... but I've not had a lick of trouble with this truck in 4 years."



I've worked for Denso Tennesse for 13 years and before that Mat-sus-hita (Panasonic) for 5 years.

After 18 years of working for the Japanese I must say they know how to take care of their associates.

Never been laid off. Workforce is lean..If sales increase and production is high we add temporary staffing to supplement the demand...if sales ebb, the non-full time workforce is trimmed back. (Btw, all temporary workers have available a career path to become a full-time associate if they are so inclined.)

Benefits (family medical, family eye-care, family dental, 401k matching and year-end discretionary company contributions)and salary are exceptional.

Fantastic year end bonus and spring bonus based on the team's (workforce) accomplishments  for the year. (Quality, delivery, safety etc)

The President of our plants walks the production floor and seeks input from the workers on a regular basis.

Management strives to be part of the "team" not a "boss".

The UAW made a couple of feeble attempts at penetration into our company a couple of times over the years but withered on the vine.
They couldn't offer us anything the company wasn't already providing.

In today's industry if you buy a Toyota it's mostly made in America BY Americans.

Quality in most Toyotas are superb. For our product (tier-1 supplier) we measure customer return goals in single digit figures per million parts shipped.

We meet those goals on a regular basis.

Look at how well a Toyota vehicle holds its value versus a "Big Three" comparable vehicle.

Toyota is primed to wrest the title of #1 away from the US car makers as the top sales king in the USA.

Like another poster remarked: US based car manufacturers need to rent a clue.

Regards,
Sun

[Rolex]

You've probably never heard of it because it isn't true. There are no companies with more than one CEO.

As I've posted multiple times in a variety of topics, the corporate culture is just different.

* Reinvestment and retained earnings are higher for Japanese companies.

* In most large public corporations, directors have to be stockholders who have purchased their stock, not given it as compensation.

* Top executive compensation for public companies isn't even close to US levels. Non-founding CEO's do not have multi-million dollar golden parachutes or salaries.

* Market share is a goal that builds long-term stability for a company, as oppposed to short-term stock gains at the expense of those long-term goals.

* Japanese stockholders don't expect double-digit gains, yet the Nikkei has outperformed the NYSE for the last 3 years.

* Contrary to popularly held myth, profits from local subsidiaries are rarely repatriated to Japan. The units operate as independent profit centers and reinvest it locally.

These gyrations in mature industries are cyclical and come from complacency in management. People get fat and lazy, thinking their good fortune will last forever with no further action on their part, until they are forced to play catch up when a competitor challenges the market with better products, service, value or methods.

Added: Sundowner - I was deeply involved in all aspects of establishing those Matsu****a factories over 15 years ago. I mentored the shachos here in Japan for months on blending Japanese and US factory and general management styles.

[rpm]

Originally posted by Sixpence
So true, in any business, right down to a local sandwich shop. I would rather pay seven dollars for a quality sandwich stuffed with meat than four dollars for a lousy sandwich with hardly any meat.

You'll pay $12 for a cup of coffee and a stale pastry with an Italian name and like it!!

[Xargos]

Here in the U.S, the value is on the common crack addict.

[tedrbr]

Originally posted by rpm
You'll pay $12 for a cup of coffee and a stale pastry with an Italian name and like it!!

I'm sooooo glade I've got real coffee shops in this town......

[SirLoin]

Basically it comes down to whether u work at a new "Flex-Plant"...if you don't,your employment days are numbered.

[Sundowner]

Added: Sundowner - I was deeply involved in all aspects of establishing those Matsu****a factories over 15 years ago. I mentored the shachos here in Japan for months on blending Japanese and US factory and general management styles. [/B]

One heck of a "kaizen" project!
Nice job!

Regards,
Sun