Henry Ford Quotes
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Could Henry Ford produce the Book of Kells? Certainly not. He would quarrel initially with the advisability of such a project and then prove it was impossible.
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There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford; there were something like 500 automotive companies that got funded, had the internal combustion engine, had the technology, and had the vision. Sixty percent of them folded within a couple of years.
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I was at Ford for 32 years. I went to Chrysler in 1978, four or five months after I got canned by Henry Ford.
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He was eccentric. He was no prince in his social attitudes and his politics. But Henry Ford's mark in history is almost unbelievable.
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If it hadn't been for Henry Ford's drive to create a mass market for cars, America wouldn't have a middle class today,
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But, there is another effect that stems from restricting the accumulation of inventory. It makes it very visible to spot the real problems that jeopardize the flow—when one work center in a line stops producing for more than a short while, soon the whole line stops. Ford took advantage of the resulting clear visibility to better balance the flow by addressing and eliminating the apparent stoppages.4 The end result of abolishing local efficiencies and balancing the flow is a substantial increase in throughput. Henry Ford achieved the highest throughput per worker of any car manufacturing company of his time.
