The Toyota Way- 14 Management Principles

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The Toyota Way- 14 Management Principles.

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The Toyota Way- 14 Management Principles

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

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