The Toyota Way: 14 Management Principles of the World's Leading Company. 2nd Edition

The success of Toyota has been of constant interest to managers and businessmen all over the world for many decades. The reliability of Toyota cars has become a standard for the global auto industry, so everyone interested in improving the quality of goods and services, one way or another gets acquainted with the experience of this corporation. The second edition of the bestseller, which has become one of the most influential business books of the 21st century, contains the classic story of Toyota's success and a story about its unique philosophy, which is based on 14 management principles. However, in the new edition, these principles have been changed in accordance with the realities of our time. The guide to the legendary Toyota Production System is now supplemented by an impressive base for stimulating innovation in business. Professor Liker offers a deep dive into the processes that change the world of Toyota, showing how to adapt them in order to develop your own improvement program that meets the conditions of a specific business. No less important is the new approach to leadership models and an analysis of the kata principle - the formation of a habit of scientific thinking in people based on practice and feedback. The author now places scientific thinking at the center of problem solving, changing the vision of the lean transformation idea to a more flexible and dynamic one. Liker provides real examples of manufacturing and service organizations that, by applying Toyota principles, were able to improve their experience. The book is aimed at managers and entrepreneurs, students and teachers of economic universities.