The Son of an Inventor
Kiichiro Toyoda was born into innovation. His father, Sakichi Toyoda, had built a successful business making automatic looms. But Kiichiro looked West and saw the future in automobiles. Using the capital from selling his father's loom patents to a British company, Kiichiro established an automotive department within Toyoda Automatic Loom Works in 1933. His first car, the Model AA, was heavily inspired by Chevrolet and Chrysler, but it was the spark that ignited the Japanese auto industry.
Just-in-Time
Kiichiro wasn't just interested in building cars; he wanted to build them efficiently. He noticed that American mass production wasted too much space on inventory. He developed a philosophy where parts would arrive at the assembly line exactly when they were needed, not before. He called it "Just-in-Time." This concept became the core of the Toyota Production System (TPS), which revolutionized manufacturing globally.
Honor and Resignation
The post-war years were brutal for Toyota. In 1950, facing bankruptcy and labor strikes, the company was forced to reduce its workforce. Accepting moral responsibility for the failures, Kiichiro resigned as President. He died just two years later, never seeing his company become the global giant it is today, but his commitment to quality (Kaizen) remains the company's soul.