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A Potential Playbook for the Future of the Car Industry

Here’s how automakers should optimize their processes in Industry 4.0

Sameer Hasija
Vivek Choudhary
Mon, 07/01/2019 - 12:02
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One fine morning in 1909, Henry Ford made a surprise announcement during a company meeting. In the future, Ford Motor would stick to a single car model, the Model T, in black only. No other choices, or as he said, “Any customer can have a car painted any color that he wants so long as it is black.” The lesser-known part of the story is the reaction of the sales executives present: They were livid.

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As Ford put it in his biography: “I cannot say that any one agreed with me.” In fact, equally unimpressed with his decision that the car would be affordable, observers started wondering: “How soon will Ford blow up?”

Of course, we now know that Ford was onto something. The Model T sold for another 18 years, and additional colors returned only in the last year of production. Ford pioneered standardized mass production with its single-minded goal of minimizing operating costs. The Model T came in black because it was the hue that dried the fastest.

 …

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