Ryan Petersen
๐ค SpeakerAppearances Over Time
Podcast Appearances
I'm a bit of a chauffeur knowledge, like repeating what I've heard and learned a little bit from a distance.
But is the worker, the line worker follows the part down the line and does many of the steps, operates several or many of the machines instead of like in a U.S.
production, Toyota auto production.
Each guy does one job separately.
and kind of more robotic, like I was describing earlier.
And our model's very similar to the Toyota one in that sense.
The same worker follows the shipment down the line, as it were,
doing all the tasks until it's complete.
That, I think, Toyota kind of pioneered that piece of it.
Better for the worker, for sure, where you, like, have more agency, you're more involved, you know more of the details, you're, like, your career's more interesting, you're learning all the steps.
But they really, the other thing that Toyota really does is empower the workers to, like, elevate problems.
They famously have the rope they can pull to shut down the whole line if things aren't right and take quality super seriously.
Quality costs less.
I think that comes from W.E.
So it's all a very interesting area that we try to apply.
And this is where I needed help at some point.
I'm not like a natural on these things.
I got to become friendly with Munger towards the end of his life.