VitalAccurateThinking

Manufacturing loses its allure for Japanese youth

This story regarding the decline in Japanese manufacturing illustrates that the world is changing. It used to be that wealth was generated by making things. Now, wealth is increasingly being generated by ideas, methods, systems and services. It should come as no surprise that young Japanese want to invent the next iPod, not make it. They want to design the next fuel cell and hybrid car, not spend 12 hours a day manufacturing it.

Toyota has demonstrated around the world that it can teach the Toyota way in the third world and even in the US without much loss in quality or productivity. Therefore, why not deploy highly educated resources in Japan to more productive endeavors? Why complain about it when adapting to the real world is so much better?

posted by Jim VAT @ 9:02 AM