Of all the books I have read the most impactful was ‘The Machine That Changed the World’ about the auto industry. The machine in the book’s title is the modern auto company that churns out innovation and vehicles at an amazing rate. The car industry of 40 years is not recognizable in comparison with today. Companies are lean, agile and innovative and lead ALL industries in defining processes to eliminate waste, maximize quality, lower inventory etc.
People look at the gadget or Software as a Service industry for innovation but these innovations often ride on the back of changes that they don’t control. The auto industry controls their industry and many others.
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