Download Ebook Today and Tomorrow, by Henry Ford
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Today and Tomorrow, by Henry Ford
Download Ebook Today and Tomorrow, by Henry Ford
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- Sales Rank: #3809028 in Books
- Published on: 1926
- Number of items: 1
- Binding: Hardcover
- 281 pages
Most helpful customer reviews
16 of 18 people found the following review helpful.
A Visionary in Many Arenas
By Larry R. Graham
This is the book that made me appreciate Mr Ford's accomplishments and how he changed the world of business, particularly manufacturing. He was a leader and true visionary in many aspects of business, which are chronicled herein, and many of the roots of Lean are documented in this text. Aside from kanban and `jelly beans', he didn't miss much of the fundamentals of what we see as Lean.
The impacts of Ford's principles on business, the economy, social ramifications, and more are profound. The ideas, thought processes, and applications are expressed well and we can learn from these today. Too bad much of the rest of American business lost sight of Ford's techniques as they became enamored with scientific formulae like EOQ (economic order quantities) without questioning the assumptions.
1 of 1 people found the following review helpful.
Today and Tomorrw
By JA De Villiers
Book is great for anyone who is interested in Project Management or just manufacturing and life lessons in all. This book teaches one so many different things that it's hard to say where to classify it under. Put it under the must read section. Jdv.
21 of 27 people found the following review helpful.
An historical document of our contemporary
By Thomas Kull
There are different "uses" for this book - some I'd recommend, and others not.
I WOULD NOT recommend this book for it's insights on -
Economics: Ford explains a classic industrial notion that a company paying employees more will increase its sales because employees will buy more company product. Not only is this a false assumption of employee behavior, it also only approaches plausibility for very large consumer product companies.
Finance: Ford describes how financial instruments are short-term narcotics and long-term ills. His opinion seems to ignore the buffering benefits of finance, as well as the gains created for society by letting financial tools open possibilities.
HOWEVER, YOU SHOULD READ THIS BOOK BECAUSE -
It is current: Ford describes a organizational skill poorly understood and mostly ignored: coordination. In the book, many processes are described that Ford says are all well known to other companies, but how the Ford Corporation made the processes interact was their power. Today's out-sourcing is more palatable knowing this skill.
It is insightful: An excellent alternative to the "profit-motive" of companies is presented: service-motive. Not because profits are bad does Ford present the service-motive, but because profits are give unreliable feedback. Ford sees the maintenance of service to the public as a more durable goal.
It is historical: Not only does it provide the roots to Taiichi Ohno's - Toyota's - operations strategy, but it also gives clues to why Ford lost dominance. The Toyota roots pop up in Ford's writing on waste, on cleanliness (5s), on continuous flow, and on timing. The clues pop up with his ignorance of customer desires vs. needs, his overconfidence in managing highly diverse businesses, and his inattention to downstream processes.
If you know the limitations of Today and Tomorrow, you then can reap great benefits by reading it as if it was written last week. Many of its ideas have yet to fully play out in the world of industry.
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