- 1. The Toyota Way
14 Management Principles1 2 3 4 5 6 7 8 9 10 11 12 13 14Reference: The Toyota Way, by Jeffrey Liker. Prepared by: C. K. Vishwakarma, PMP
Copyrights of all the pictures used in this presentation are held by their respective owners.
- 2. Principle 114
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1Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals.
- 3. Principle 2Create a continuous process flow to bring problems to the surface.14
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- 4. Principle 3Use “pull” systems to avoid overproduction.14
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- 5. Principle 4Level out the workload (heijunka). (Work like the tortoise, not the hare.)14
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- 6. Principle 5Build a culture of stopping to fix problems, to get quality right the first time.14
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- 7. Principle 6Standardized tasks and processes are the foundation for continuous improvement and employee empowerment.14
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- 8. Principle 7Use visual control so no problems are hidden. 14
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- 9. Principle 8Use only reliable, thoroughly tested technology that serves your people and processes.14
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- 10. Principle 9Grow leaders who thoroughly understand the work, live the philosophy, and teach it to others.14
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- 11. Principle 10Develop exceptional people and teams who follow your company’s philosophy.14
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- 12. Principle 11Respect your extended network of partners and suppliers by challenging them and helping them improve.14
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- 13. Principle 12Go and see for yourself to thoroughly understand the situation (genchi genbutsu).14
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- 14. Principle 13Make decisions slowly by consensus, thoroughly considering all options; implement decisions rapidly (nemawashi).14
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- 15. Principle 14Become a learning organization through relentless reflection (hansei) and continuous improvement (kaizen). 14
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- 16. Reference: The Toyota Way, by Jeffrey Liker.
Prepared by: C. K. Vishwakarma, PMPCopyrights of all the pictures used in this presentation are held by their respective owners.