Brain Quote by Henry Ford
“Every depression is a challenge to every manufacturer to put more brains into his business.”
About This Quote
Source Book: Henry Ford, 1922, on industry and innovation
Depression challenges manufacturers to innovate and improve efficiency
In simple terms: Economic downturn forces business innovation
Use crises as a catalyst for innovation
Themes
Mood
Type
When to use this quote
- product development
- process optimization
- business strategy
- entrepreneurship
Key Concepts
Questions to Reflect On
- How can small firms innovate with limited capital?
- What role does government support play?
Innovation may be limited by resources