Education

Business Series Book 1- The Toyota Way

By YaariDosti
  • Sep 16, 2016
  • 1339 views

We at Seven aArticles always thrive to create knowledge to our readers in this series we will present to you best business books to enhance your skills.

Here it is for Toyota Way where 14 best management principles are being listed here they go.

1.Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals.

2.Create a continuous process flow to bring problems to the surface.

3. Use “pull” systems to avoid overproduction.

4. Level out the workload 

5. Build a culture of stopping to fix problems, to get quality right the first time.

6. Standardized tasks and processes are the foundation for continuous improvement and employee empowerment.

 

 

8. Use only reliable, thoroughly tested technology that serves your people and processes.

9. Grow leaders who thoroughly understand the work, live the philosophy, and teach it to others.

10. Develop exceptional people and teams who follow your company’s philosophy.

11. Respect your extended network of partners and suppliers by challenging them and helping them improve.

12. Go and see for yourself to thoroughly understand the situation.

13. Make decisions slowly by consensus, thoroughly considering all options; implement decisions rapidly

14. Become a learning organization through relentless reflection and continuous improvement

 

 

 

 

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