The embattled scion of Toyota Motor Corp.‘s founding family is admitting that the company strayed from its core values in a quest for rapid expansion.
The priorities of the world’s largest auto maker are supposed to be safety, quality and volume, Akio Toyoda says in a prepared statement he will make on Wednesday while testifying to a congressional committee in Washington.
“These priorities became confused and we were not able to stop, think and make improvements as much as were able to before …” Mr. Toyoda says in the statement, obtained by The Globe and Mail.
Extracted from The Globe and Mail (Feb 23, 2010)
Some questions we can ask ourselves in light of this:
- What are my personal priorities?
- What are my family priorities?
- What are my vocational priorities?
- What are the church’s priorities?