Sunday, February 1, 2009

14 Principles of Toyota Way

Executive Summary of the 14 Toyota Way Principles

Sect. I

Long term philosophy
Principle 1. base on your management decision on a long –term philosophy, even at the expense of short term financial goals

Sect II
The right process will produce the right result
Principle 2. Create continuous process flow to bring problems to the surface.

Principle 3. Use “Pull” system to avoid overproduction

Principle 4 Level out the workload (Work like tortoise not the hare)

Principle 5. build a culture of stopping to fix problem, to get quality right at first time

Principle 6. Standardized tasks are the foundation for continuous improvement and employee empowerment.

Principle 7, Sue visual control so no problems are hidden

Principle 8. Use only reliable, thoroughly tested technology that serves your people and process.

Sect III
Add value to the organization by Developing your people and partners

Principle 9. Grow leaders who thoroughly understand the works 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

Sect IV
Continuously solving Root problem drives organization learning

Principle 12. Go and see for yourself to thoroughly understand the situation

Principle 13. make decision slowly by consensus, thoroughly considering all options; implement decisions rapidly.

Principle 14. Become a learning organization through relentless reflection and continuous improvement.

Will see how it can apply to our the company for improvement


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