Jim Womack’s Latest Letter and a Q&A
This week, Jim Womack sent out his latest email newsletter, entitled “A Tale of Two Business Systems.” The Lean Enterprise Institute has offered up some of Jim’s time to answer a few selected questions about that letter or his recent book (with Dan Jones), Lean Solutions. We did a Q&A late last year, but it won’t be as extensive this time, but Jim will answer a few selected questions.
To read the full letter, click on “Comments” below, where I’m re-printing the letter, with LEI permission. If you have a question to submit, use the comments box or click here to email me. I’ll choose a few questions to pass along. Check back, as I’ll post Jim’s responses on Monday.
n the fall of 1990, Dan Jones, Dan Roos, and I co-authored The Machine That Changed the World, our description of lean enterprise. On page 253 we forecast that 1991 or 1992 would be the moment of crisis as the full power of lean (represented by
) threatened to topple mass production (defended by General Motors). And in 1992 GM nearly did go bankrupt. Toyota
However, as usually happens with forecasts, we were off in our timing. The moment of truth was actually delayed 15 years. What now seems certain is that
will pass GM in 2006 to become the world’s largest industrial enterprise and that GM and Ford will undergo a profound transformation, whether led by current managers or by someone else. Toyota
(Click Comments to read the rest)