During economic downturns, quality and safety are often tossed out of the window......or I should say, during economic downturns those companies intent on 'failure at any cost' will toss quality and safety out of the window.
I think back to the economic explosion that occurred in the automotive industry during the early 2000's. Specifically, I am thinking about the great global demand for Toyota vehicles during this time period. I fear many of our businesses could easily have found ourselves in the same predicament as Toyota. The demand for output begins to exceed our desire for quality.......ironically, it is often our dedication to quality that led to the great demand for our product!
Our global economy is experiencing a soft rebound. I encourage us to all remember quality and safety. These are two chief cornerstones of industry. Product demand is directly proportional to quality of product.
kml
2010
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