By Somali K Chakrabarti Problems are only opportunities in work clothes! ~ Henry J. Kaiser. This comment from Kokila on my post ‘Being Unreasonable may lead to Innovation’ triggered the thought for this writeup. We often whine about the no of problems that surround us and the difficulties that we face in our day to day lives. But then there are those who persevere under trying circumstance and turn the constraints into opportunities. Here’s the story of Toyota, a business that emerged successfully out of severe constraints during its formative years, guided by people who sought new perspectives to look at problems and worked around the constraints.
Toyota is my choice for the letter T, for today’s #AtoZChallenge, for the theme ‘Brands that people identify with’. Toyota Motor Corp, the world’s largest carmaker, is named after its founder Kiichiro Toyoda. The company started operations in 1935, when Toyoda unveiled his first prototype A1 after years of research.