The Toyota Way is a set of principles and behaviors that underlie the Toyota Motor Corporation's managerial approach and production system. Toyota first summed up its philosophy, values, and manufacturing ideals in 2001, calling it "The Toyota Way 2001". It consists of principles in two key areas: Continuous improvement and respect for people - wikipedia.com
- Section I — Long-term philosophy
- Section II — The right process will produce the right results
- Section III — Add value to the organization by developing your people
- Section IV — Continuously solving root problems drives organizational learning
- Just in Time Production and
- Automation with a human touch (autonomation)
Continuous Improvement and respect for people are two main aspects of Toyota Way.
It has been cultivated through high quality design, unyielding innovation, and bold moves. They're responsible for some of the most impressive sports cars ever produced. High resale value and safety are two aspects that make Toyota a very loved vehicle.
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For Toyota, TQM is based on the concept of
- “customer first”,
- kaizen meaning continuous improvement and
- “total participation” which means the involvement and input of all employees.
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