Citation
The Toyota Way: 14 Management Principles from the World's Greatest Manufacturer
TL;DR
14 principles underlying Toyota's success
Detailed explanation of Toyota Production System principles and Taiichi Ohno's methods. Provides the 'how' behind Toyota's 40-year succession, including the chalk circle teaching method referenced in the chapter.
Key Findings from Liker (2004)
- 14 principles underlying Toyota's success
- Importance of long-term thinking over short-term profit
- Continuous improvement (kaizen) as cultural foundation
- Respect for people combined with relentless waste elimination