Transforming Manufacturing Excellence
I had an energising experience on Friday 06 Dec 2013 with our top team across our companies, along with few select Japanese partners. They have worked with some of the most established companies like Toyota and Nissan and have obtained real time experience from some of the techniques which today we understand as ‘Kaizen’. I am enclosing some of my thoughts which I believe will be food for thought for whoever reads it, as this applies to all of us, no matter what business we are in.
My Speech below:
Destiny is not a matter of chance but a matter of choice … These choices make organisations into institutions which bring changes not just in the way we do things but in the way we think!
Initiatives like Kaizen, TPM and many other Japanese techniques will help in shaping our thoughts and mind-set to think in a manner which shall bring in attitude that will help in making our facilities lean. These programs provide for inclusive participation for the entire organisation, thus helping company to grow enormously, who practice it.
Let me share a true story of a great company that we know of today called the ‘Toyota Company’. In early 1950’s the Japanese economy was in a crisis. Toyota was manufacturing about 1000 cars a month. They had money crisis and were in huge debt and many bankers turned their back on them. They were making low volumes and large variety of products and they were struggling to keep up with Nissan.
The owner Mr. Toyota wanted to catch up with the big 3 in Detroit and the entire company thought that this was an impossible task. But he felt that “It’s easy to make money when everyone else is in good markets, but the key is to be able to make money when the times are bad.”
The crisis situation in the company forced Mr. Toyota to fire most of the company’s blue and the white collar workmen and in the process also fired himself along with other top management people. He then conveyed to them, “I’m willing to tie my destiny with yours and in return all I ask for is your support to bring in ‘Kaizen’ because that’s the only way we can eliminate waste. The workmen responded by saying, ” If this is the way to get our jobs back then we are in full support of it” This shared destiny and spirit led to the big rise of what we know today as the ‘Toyota production system’ and the success of their products world-wide and a respect for the label ‘Made in Japan’
At Escorts, our future for the 2020 vision is crystal clear. We are on our way of becoming a blue chip company again and we have taken choices of partnering with prominent companies in Europe to help us develop not just products but a total experience of our machines, in a manner that will bring respect and recognition. One day we will be proud to call it EPS – ‘The Escorts Production System’
Today, we all at Escorts stand committed for doing it in the right way and in a manner that will help us to give India’s best to the world and bring the world’s best to India.
At the end all I will say is that we are aspiring to become a respected brand worldwide and tools of such initiatives are going to be our footsteps – for entry into the minds of the customer who will soon experience Escorts manufacturing excellence.