Monday, May 26, 2008

14 Toyota Way Principles

Principle 1.

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

Principle 2.

Create 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 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).

Read an executive summery on 14 ways of Toyota Way

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