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The Toyota way : 14 management principles from the world's greatest manufacturer / Jeffrey K. Liker.

by Liker, Jeffrey K.

McGraw Hill, c2021.

Toyota Jidōsha Kōgyō Kabushiki Kaisha.

Success in business.

Production management -- Case studies.

Industrial productivity.

Corporate culture.

Industrial management.

9781260468519 (hc.)

Alternate title:

14 management principles from the world's greatest manufacturer

xxxi, 411 p. : ill. ; 24 cm.

Includes bibliographical references and index.

"A major update of the definitive guide to learning from Toyota's legendary business philosophy and production system -- and applying invaluable lessons to any business, in any industry. A classic in the world of business management, The Toyota Way has been helping leaders create powerful strategies based on the automaker's legendary management principles and philosophy for nearly two decades. It played a key role in launching the continuous-improvement movement, driving unprecedented change and innovation in countless public and private organizations across the world. Now, this fully revised edition builds on the original 14 management principles that have made it so popular and includes new case examples from both manufacturing and service industries. Management guru and continuous-improvement pioneer Jeffrey K. Liker delivers a revised model with scientific thinking at its core. He walks you through the process of how Toyota nad other top companies develop scientific thinking in leaders and employees at all levels -- and replace theorizing and asssuming with deep observation and experimentation. Liker delves below the surface of many lean six-sigma programs, showing how to align operational excellence with your businesss strategy by developing people who: --View challenges as opportunities to energize improvement -- Lead high-performance teams to achieve seemingly impossible challenges -- Break down complex challenges into smaller, solvable problems that can be more easily addressed -- Build their understanding of systems and solutions through rapid experimentation and reflection -- View lean systems as stepping stones toward the ideal of continuous flow that expose obstacles, not as cookie-cutter solutions --Develop long-term strategies for success and then convert them to annual plans aligning improvement activities at all levels -- Develop a culture of excellence built on mututal trust. The Toyota Way offers the information and insights for learning from Toyota's remarkable success to develop your own way to continuous improvement. By building on the proven approaches that have made this unparalleled guide a business classsic, this new edition provides everything you need to build your business into a worl-class innovator, to gain the competitive edge in an increasingly unpredictable business landscape, and to drive profitability, growth, and sustainability into the foreseeable future." --Jacket.

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