Joking aside, last year, Richard made the following comment:
scootrider wrote:Toyota for example use what I view as a fairly systemic business model
Even with the latest disastrous events, it's clear that Toyota's management are fully aware of Toyota's systemic properties:
Some of the harshest and most public self-criticism has come from Mr Toyoda himself [Toyota CEO]. In October he warned Toyota had entered stage four of corporate decline.... [source: http://www.ft.com/cms/s/0/b5d70264-0d0a ... abdc0.html ]
He was, of course, referring to the stages of the creative destructive cycle within all complex adaptive systems: renewal; growth; conservation; and collapse.
So Toyota still remains one of the most fascinating case studies to watch if you're interested in the evolution of complex adaptive systems.
Based on the strength of the company's systemic knowledge and skills, I think this would be a good time to buy shares in the company
Even if you're not going to buy shares in Toyota, I would keep a keen eye out for signs of the "renewal" stage over the next couple of years.