The Toyota Way
The Toyota Way, authored by Jeffrey K. Liker, is a highly acclaimed book that has become a cornerstone in the field of lean management. Liker is a professor of Industrial and Operations Engineering at the University of Michigan and has been studying and writing about Toyota's management principles for over 30 years. He is recognized as a leading expert on the Toyota Production System and has worked with companies around the world to implement Toyota's principles of lean manufacturing.
In the book's introduction, Liker explains that The Toyota Way is not just a set of management principles but a philosophy that has guided Toyota's success for over 50 years. He describes how Toyota's founder, Sakichi Toyoda, instilled a culture of continuous improvement and respect for people in the company from its earliest days. This culture, combined with Toyota's focus on eliminating waste and creating value for customers, has led to Toyota becoming one of the most successful and respected companies in the world.
The second edition of The Toyota Way, published in 2021, includes updated examples and case studies to demonstrate how Toyota's principles continue to be relevant in today's rapidly changing business environment. The book is divided into four parts: The Philosophy, The Process, People and Partners, and Problem Solving. Each part delves deep into the different aspects of Toyota's management approach, from developing a long-term perspective to fostering a culture of continuous improvement.
Overall, The Toyota Way, one of the best books on manufacturing, is an essential read for anyone interested in lean management and continuous improvement. Liker's insights into Toyota's management principles provide valuable lessons that can be applied in any organization, regardless of industry or size.
Author: Jeffrey Liker
Link to buy: https://www.amazon.com/Toyota-Way-Second-Management-Manufacturer/dp/1260468518
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