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24th Feb – Toyota Restart Day
Today, 24th February, is known as Toyota Restart Day. This commemorates the day in 2010, when then President Akio Toyota, testified at the US Congress following a major recall of vehicles due to quality issues, pledging to return the company to its core values of putting customer first, in terms of safety and quality. What
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Career lessons from Marc Andreessen
Mark Andreessen, a software engineer and founder of the VC firm Andreessen Horowitz penned a series of essays on the guide to career planning back in 2007, incidentally just as…
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British Poundland: Bargains Galore or a Value Trap?
Is the UK a global bargain or a value trap? I reflect on Britain’s economic prospects – from ageing infrastructure and pension burdens to cheap labour and undervalued assets. With…
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The Hamming Question: Are You Solving the Right Problems?
The Hamming Question challenges us to ask: Am I working on the most important problems? Used by top founders and high-performing employees alike, it’s a powerful framework for cutting through…
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Eliminating Waste for Maximum Efficiency: Muda, Muri, and Mura in the Toyota Production System
The Toyota Production System focuses on enhancing efficiency by addressing three key wastes: Muda (non-value-adding activities), Muri (overburden), and Mura (unevenness). Utilizing tools such as Takt Time, Heijunka, Kanban, and…