The Toyota Way
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The Toyota Way is a set of principles and behaviors that underlie the Toyota Motor Corporation's managerial approach and production system. Toyota first summed up its philosophy, values and manufacturing ideals in 2001, calling it “The Toyota Way 2001.” It consists of principles in two key areas: 1) continuous improvement and 2) respect for people: |Contents | |[hide] | |1 Overview of the principles | |1.1 Continuous Improvement | |1.2 Respect for People | |2 Researcher's Findings - 14 Principles | |2.1 Section I — Long-Term Philosophy | |2.2 Section II — The Right Process Will Produce the Right Results | |2.3 Section III — Add Value to the Organization by Developing Your People | |2.4 Section IV — Continuously Solving Root Problems Drives Organizational Learning | |3 Translating the principles | |4 See also | |5 References | |6 Further reading |
[pic] Overview of the principles
 Continuous Improvement
The principles for continuous improvement include establishing a long-term vision, working on challenges, continual innovation, and going to the source of the issue or problem: • Challenge
Form a long-term vision and meet challenges with courage and creativity. • Kaizen (continuous improvement)
Improve business operations continuously, always driving for innovation and evolution. • Genchi Genbutsu (go and see)
Go to the source to find the facts to make correct decisions, build consensus and achieve goals at best speed.  Respect for People
The principles relating to respect for people include ways of building respect and teamwork: • Respect
Respect others. Make every effort to understand each other, take responsibility and do your best to build mutual trust. • Teamwork
Stimulate personal and professional growth, share the opportunities of development and maximize individual and team performance.  Researcher's Findings - 14 Principles
In 2004, Dr. Jeffrey Liker, a University of Michigan professor of industrial engineering, published "The Toyota Way." In his book Liker calls the Toyota Way, "a system designed to provide the tools for people to continually improve their work." The system can be summarized in 14 principles. According to Liker, the 14 principles of The Toyota Way are organized in four sections: I) Long-Term Philosophy, II) The Right Process Will Produce the Right Results, III) Add Value to the Organization by Developing Your People, and IV) Continuously Solving Root Problems Drives Organizational Learning. The principles are set out and briefly described below:  Section I —...
References: 5. ^ Liker, J. 2004. "The 14 Principles of the Toyota Way: An Executive Summary of the Culture Behind TPS", p. 36. Ann Arbor, Michigan: University of Michigan. Retrieved: 2007-04-24
7. ^ Fackler, Martin. The ‘Toyota Way’ Is Translated for a New Generation of Foreign Managers. New York Times. February 15, 2007. Retrieved on: July 2, 2007.
• Hino, Satoshi (2005). Inside the Mind of Toyota: Management Principles for Enduring Growth. University Park, IL: Productivity Press. ISBN 978-1-56327-300-1. http://www.productivitypress.com/productdetails.cfm?SKU=3004.
• Liker, J; Meier, D
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