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| This is a discussion on Auto Recession: The Toyota Way within the Prius and Hybrid News forums, part of the News & Newbies category; Even what remains of "The Big 3" must be envious. Route to Recovery Blog Archive Toyota plant workers sheltered from ... |
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Auto Recession: The Toyota Way
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11-16-2009, 08:47 PM
| #1 |
| High Fiber Member  Join Date: Jun 2005 Location: South OC So Cal & the Flathead Valley MT
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Friends: 14 |  Auto Recession: The Toyota Way Even what remains of "The Big 3" must be envious. Route to Recovery Blog Archive Toyota plant workers sheltered from the downturn | Blogs | Now THAT's how one handles hard times. . |
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11-16-2009, 09:21 PM
| #2 | |
| Prius I am  Join Date: Jul 2009 Location: Alaska
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Friends: 2 | Re: Auto Recession: The Toyota Way Quote:
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11-16-2009, 09:29 PM
| #3 |
| Class Clown  Join Date: Jan 2007 Location: Silicon Valley, Ca.
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Friends: 0 | Re: Auto Recession: The Toyota Way Absolutely amazing. As I recall, Toyota pays its' employees less than the (former Big Three American) UAW workers. Sounds like it is better to work for a lower wage and have the company retain your services in case of a down turn in business rather than to be dumped on the street with no job at all. We could learn something from Toyota - It is better to be less greedy and have a long-term perspective on business rather than to strive for instant gratification. Keith |
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| Thanked by: | spiderman (11-17-2009) |
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11-16-2009, 09:52 PM
| #4 |
| Senior Member Join Date: Aug 2005 Location: Baltimore MD
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Friends: 0 | Re: Auto Recession: The Toyota Way They are making their relationship with their workers more solid at the same time as making them more productive when they return to work. They also do not need to pay out more in unemployment (insurance) payments. There is an up front cost of paying the workers for three months, but it seems to be a very smart move. |
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11-17-2009, 09:23 PM
| #5 |
| P719 of ???  Join Date: Nov 2006 Location: South Jersey
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Friends: 2 | Re: Auto Recession: The Toyota Way Toyota has also earned what money can't buy--loyalty. This is also the strength of the family owned & operated business. The most valuable asset any corporation has is its employees. If one wants to know what's wrong & how to fix it just ask the people doing the job. |
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