Unlock this Executive Book Summary® now for FREE!
Already a Summary.com member? Sign in.
The Toyota Way
14 Management Principles From the World’s Greatest Manufacturer
15min reading time
/
25min listening time
About the Summary
Toyota is the world’s most profitable automaker. Its “secret weapon” is lean production — the revolutionary approach to business processes that it invented in the 1950s. Today, businesses around the world are trying to emulate Toyota’s remarkable success by working to implement the company’s radical system for speeding up business and service processes, reducing waste, and improving quality. To help other companies learn to continually improve on what they do, Professor of Industrial and Operations Engineering at the University of Michigan Dr. Jeffrey K. Liker describes the results of his year-long research into Toyota.
In This Summary, You Will Learn:
- How to foster an atmosphere of continuous improvement and learning.
- How to satisfy customers and eliminate waste at the same time.
- How to get quality right the first time.
- How to groom leaders from within rather than recruit them from the outside.
- How to teach employees to become problem solvers.
- How to grow together with suppliers and partners for mutual benefit.
More Summaries
-
Driving Change
Mike Brewster,
Frederick Dalzell
-
Team Turnarounds
Daniel Leidl,
Joe Frontiera
-
Do Big Things
Craig W. Ross,
Angela V. Paccione,
Victoria L. Roberts
-
Profit from the Core
Chris Zook
-
Full Engagement!
Brian Tracy
-
Managing Crises Before They Happen
Ian I. Mitroff