By Vincent Tyson | June 10, 2010
Toyota, apparently one of the most popular brands in America, and indeed one of the largest car makers in the world, seems to have a little PR problem. KOTA TV recently interviewed our CEO, Robert Sharp, asking him what his opinion on the whole debacle was. Robert has been quite open with all of us here about his view of the saga which has devastated the car maker’s finances, after having to recall millions of its cars and SUVs as well as its luxury brand Lexus which shares the parts bin with its bigger brother.
So what was Robert’s take? Well let’s start with honesty – it’s clear Toyota knew there was a problem early on, and with such a stronghold in the car market they should have reacted far sooner, leaving owners and potential customers in no doubt that their interests would be protected by this giant of manufacturing. Instead, it hesitated, confusing the media with mixed messages, many being perceived as dishonest, misleading and unprofessional. It seems that even those at the top of Toyota were not sure of how to react, and after several deaths, insurance industry investigations and lawsuit filings, they finally (kind of) admitted liability.
Unfortunately for Toyota, this episode in its long and successful history has left a sour taste in the mouths of many – and it’s still not over as we’ve yet to see the results of many claims against the company. Though in the longer term they are likely to recover, senior management of the company must be reeling at their own mishandling of the situation. It’s a lesson that many can learn from, indeed, I am sure many have. Domestic car makers in the US and Europe have no doubt capitalized on these recent events, as well they should.
The lesson here: don’t repeat Toyota’s mistakes – be honest with your customers, adapt quickly, and react in a constructive way. It may be embarrassing, but far less so than being found out and having to admit not only the mistake, but also the deception.
What is this, 3rd grade? Tell the truth, kids. Not only will your customers thank you, but you will also avoid giving your competitors an opening.
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Photo from automoblog
About the authorVincent loves to cook and read books like Unbearable Lightness of Being by Milan Kundera. In his spare time, he might be seen perusing the pages of PC Plus Magazine (always been a PC guy) or nurturing his African Violets. Vincent obsesses over the environment and tries not to waste stuff.
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