The Toyota Way - 14

ManagementPrinciples

The Toyota Way

14 ManagementPrinciples
1 2 3 4 5 6 7 8 9 10 11 12 13 14

Reference: The Toyota Way, by Jeffrey Liker. Prepared by: C. K. Vishwakarma,

PMP

The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Base your management decisions on
11 a long-term philosophy, even at the
10 expense of short-term financial
9 goals.
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Create a continuous process flow to
11 bring problems to the surface.
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Use pull systems to avoid
11 overproduction.
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Level out the workload (heijunka).
11 (Work like the tortoise, not the hare.)
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Build a culture of stopping to fix
11 problems, to get quality right the
10 first time.
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Standardized tasks and processes
11 are the foundation for continuous
10 improvement and employee
9 empowerment.
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The Toyota Way - 14

ManagementPrinciples

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Principle
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12 Use visual control so no problems
11 are hidden.
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The Toyota Way - 14

ManagementPrinciples

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Principle
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12 Use only reliable, thoroughly tested
11 technology that serves your people
10 and processes.
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The Toyota Way - 14

ManagementPrinciples

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Principle
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12 Grow leaders who thoroughly
11 understand the work, live the
10 philosophy, and teach it to others.
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Develop exceptional people and
11 teams who follow your companys
10 philosophy.
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Respect your extended network of
11 partners and suppliers by
10 challenging them and helping them
9 improve.
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Go and see for yourself to
11 thoroughly understand the situation
10 (genchi genbutsu).
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Make decisions slowly by consensus,
11 thoroughly considering all options;
10 implement decisions rapidly
9 (nemawashi).
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The Toyota Way - 14

ManagementPrinciples

14
Principle
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12 Become a learning organization
11 through relentless reflection (hansei)
10 and continuous improvement
9 (kaizen).
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The Toyota Way - 14

ManagementPrinciples

Reference:

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.