A Synopsis Of The Toyota Way By Jeffery Liker

1523 Words7 Pages
In the book, The Toyota Way, Jeffery Liker provides an in-depth account of, not only the tools and methods of Toyota’s Production System, but also a broader explanation of the principles at work in the Toyota culture. This philosophy of manufacturing can be summarized through two important pillars: “Continuous Improvement” and “Respect for People.” These pillars help define Toyota’s approach to doing business, were the focus is on continuous learning and embracing change. By incorporating this ideology and its 14 principles into its manufacturing operations, Toyota has become the greatest manufacturer in the world. In this essay, I will provide a synopsis of Toyota’s 14 principles and also offer my own account of lean manufacturing at CNH Industrial. Toyota’s 14 principles can be broken up into four broad categories. These categories are: 1) Long-term Philosophy, 2) The Right Process Will Produce the Right Result, 3) Add Value to the Organization by Developing Your People, and 4) Continuously Solving Root Problems Drives Organizational Learning. Following each of the principles within these categories provides a sustainable competitive advantage for Toyota. Liker notes, it is important to realize that these lean principles established by Toyota may not be suitable for every company. Instead, he emphasizes the importance of establishing a unique set of principles that are right for a particular organization. Only then can an organization truly add value to its customers and

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