Sunday, May 9, 2021

The Toyota Way - Innovation with Efficiency

The Toyota Way- 14 Management Principles

The Toyota Way, by Jeffrey Liker.  


Principle 1 Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals. 
Principle 2 Create a continuous process flow to bring problems to the surface. 
Principle 3 Use “pull” systems to avoid overproduction. 
Principle 4 Level out the workload (heijunka). (Work like the tortoise, not the hare.) 
Principle 5 Build a culture of stopping to fix problems, to get quality right the first time. 
Principle 6 Standardized tasks and processes are the foundation for continuous improvement and employee empowerment. 
Principle 7 Use visual control so no problems are hidden. 
Principle 8 Use only reliable, thoroughly tested technology that serves your people and processes. 
Principle 9 Grow leaders who thoroughly understand the work, live the philosophy, and teach it to others. 
Principle 10 Develop exceptional people and teams who follow your company’s philosophy. 
Principle 11 Respect your extended network of partners and suppliers by challenging them and helping them improve. 
Principle 12 Go and see for yourself to thoroughly understand the situation (genchi genbutsu). 
Principle 13 Make decisions slowly by consensus, thoroughly considering all options; implement decisions rapidly  (nemawashi). 
Principle 14 Become a learning organization through relentless reflection (hansei) and continuous improvement (kaizen). 



The Toyota Way - 14 Management Principles - Slides



Updated on 9 May 2021

First published 7 Feb 2012


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