Rational Capitalist on Facebook

Wednesday, February 14, 2007

The Sin of Success

Toyota fears U.S. backlash over gains

This is amazing. Let's say a company produces a product that year after year is rated as the best quality product for its price on the market. Its engineers and managers are able to consistently produce it in such a way that high quality variations of the product are available at all levels of the price spectrum. It builds a global distribution network over the course of decades to makes this product available globally to the delight of its customers. Its committment to excellence over a long period enhance its reputation and allows it to surpass the best competition in the world.

Should they be acknowledged, praised and receive an award? If this were a sport wouldn't they be inducted into the hall of fame or given a gold medal if it were The Olympics? Imagine the indignant protests that would be heard if Michael Jordan or Tiger Woods were hated for their achievements and critics were to attribute their success over a career to something banal as "cheating." And then imagine the reaction if the government were to step in and perhaps force Tiger to use a wooden driver or make him play with K-mart golf balls to "level the playing field". Or perhaps they force an increase in rim height when Jordan shoots a jumper.

This seems laughable, right - unless your a business.

Remember the governments case against Microsoft? Well now Toyota has made the cardinal sin of succeeding too much in business and it appears it will meet with a similar fate.

I will have more to say about this in future posts.

No comments: