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January 30, 2008
Enrich Society

Jim Press and Toyota, Setting Sights on No. 1 former president of Toyota Motor North America

The Toyota family, very strongly, still has their name on the building and [have] a big influence in the company. The original founding [principal] of the company was to enrich society.

The Purpose of an Organization as stated by W. Edwards Deming described the purpose of an organization in New Economics, on page 51, as:

The aim proposed here for any organization is for everybody to gain - stockholders, employees, suppliers, customers, community, the environment - over the long term.

This is obviously not the view most people have, but I believe Dr. Deming was right.

Related: Jim Press, Toyota N. American President, Moves to Chrysler - No Excessive Senior Executive Pay at Toyota

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