Skip to main content

Driving Honda - further thoughts

While I am an avid reader of business-books, I had never heard of this book and it was quite by chance that I even picked it up. And am glad I did.  Driving Honda by Jeffrey Rothfeder is a fabulous read.
It starts off from the founder Soichiro Honda and his passion for everything mechanical and how he got Honda to where it is through all the ups and downs. From there it looks at the culture, the kind of people they employ, what is their approach to various aspects and beautiful nuggets of Honda that I had no idea about. The story of how the founder found an able partner to work with was inspirational as well.
The concept of waigaya - deserves an explanation by itself - is about how Honda is so much of a bottom up organization - this was one great piece which I loved. (more about this in a later post - as this is one of the things which has come up in many of the recent works which I have handled). The process ensures a lot of disagreement, debate and resolution and they have rules. The books has a lot of examples of how this has worked for Honda. And wherever a problem happens, waigaya is the first thing they resort to. And it ensures that every small idea that emanates from the floor is heard and taken forward as appropriate.
The other things - which are fairly common in Japanese companies - like Gen-ba, Gen-butsu and Gen-jitsu and 'Sangen Shugi' are also touched upon. And all of these are principles worth knowing by any company. 
There is a bit of a bonus on Charles Handy and the Sigmoid curve. The story of the design of the Ridgeline - was a lovely story.
It between it also takes examples of other companies - which to me - felt like a distraction.
What I understood about Honda is that it is a fairly contrarian company - and it does many things in a different way because it believes that this is the right way to do it regardless of the way the market looks at it. It remains one of the automakers where R&D exists as a separate function. It remains at lower automation levels than its rivals. And so on. 
As a company if you are doing everything like the competition - what is the point? That was a significant takeaway. And apart from that what makes this book a must read - whether you run a start up or a retail firm or a technology firm - is that there is much to learn from Hondas as a company which has thrived in many environments around the globe and continues to learn and perform in virtually every market it has been part of. And how does a company survive across generations - what better way to learn from a company that is doing it day in and day out.

Comments

Popular posts from this blog

The man who saved Pumpelsdrop

This was a story we had in college if I am not mistaken. Perhaps it was in school, but a delightful story it was. The story goes somewhat like this ( reproduced from here ), but the college version we had was slightly different from this.  I t was a dull, gloomy and a depressing morning in a town named Pumpelsdrop in northern England. The Great Depression had brought all the businesses to a standstill. The bored automobile dealer was spending time alone, as usual. But, this seems to be an unusual morning as an odd entity (customer) appeared on the horizon. A man in a bright suit walks up to the dealer and says, "I need to buy a Rolls Royce Phantom II. We have a business conference coming up and I need to impress my customers". Then proceeds to pay 10% of the deal with a single check for 2000 pounds. The rest he says will pay when he takes the delivery.   The auto dealer was stunned. He was delighted to hear that someone is holding a business conference of some kind and ...

The Most Powerful Idea in the World

The above titled book by William Rosen (and I am still reading it) has set me thinking. As it goes through the industrial revolution (rather, the beginning of it) - it explores as to why the industrial revolution happened when it happened. Rather, how a lot of factors came to play in making it happen. For that alone this book is worth a read. It is worth reading how a 'dotcom' kind of ecosystem existed in England with the combination of tinkerers, rich patrons, correspondence and of course, the right kind of institutions. When one studies engineering, or even science, what we hear are the rock star stories. For instance, we know that Archimedes had a 'Eureka' moment. Likewise, in this book, I realized how a 'Eureka' moment helped James Watt resolve the problematic steam engine into a workable design. While it is very romantic to believe that discoveries happen accidentally, the fact remains that somebody like a James Watt (or others) slogged through many man...

Narendra Modi, Presentation Skills

This is the latest speech by Narendra Modi which was delivered yesterday at the India Today Conclave. Much analysis has been carried out on this speech, but here is a different perspective. I have written about Presentation skills - and to me this is a video that touches upon almost all aspects of presentation skills. For someone who wants to learn public speaking, presentation skills this speech is a great example. It is well worth your time, if you want to see presentation skills in action (and the bonus of a great speech). The speech is largely in Hindi, though there are parts in English as well.  Mr. Modi uses a video at the start (which is missing here) - so the speech uses other media as well - surprising the audience - since politicians arent generally given to videos. That initial video has made the audience look forward to more. The speech is extempore - which can only happen when one knows the subject thoroughly. I personally don't know how much Mr. Modi practices...