The Toyota Way, Second Edition: 14 Management Principles from the World's Greatest Manufacturer

Explore the enlightened path to transformational business success with the updated and expanded edition of Jeffrey Liker's acclaimed work, The Toyota Way, Second Edition: 14 Management Principles from the World's Greatest Manufacturer.

Delve into the legendary business philosophy that has placed Toyota at the pinnacle of global manufacturing excellence. In this highly anticipated update, Jeffrey Liker refines and broadens the foundational principles that propelled the continuous-improvement movement, impacting industries worldwide. By revisiting the original 14 principles, this edition integrates groundbreaking updates, incorporating new case studies and refined frameworks, drawing from both manufacturing and service sectors.

At the heart of this pioneering guide lies the renewed emphasis on scientific thinking—a core component in fostering a culture where deep observation and hands-on experimentation replace merely theoretical approaches. Liker meticulously examines the underlying philosophies that support Lean, Six Sigma, and Agile methodologies, demonstrating how automating operational excellence hinges upon nurturing people who thrive on challenges, and who view obstacles as opportunities for growth.

Key to this book is the vision of aligning strategy with daily practice through the development and support of your workforce. Within these pages, you'll learn how to cultivate an environment of high-performance teams, where detailed planning and disciplined learning dynamics ensure that complex challenges are methodically unravelled and solutions efficiently enacted.

Discover how to instill a spirit of innovation and excellence within your organisation, where mutual trust and respect drive a relentless pursuit of improvement. Over the last 17 years, The Toyota Way has been a beacon for leaders and managers striving to emulate Toyota's paradigm of success. Now, with this fully updated edition, avail yourself of fresh insights that adapt these timeless strategies to contemporary business landscapes, empowering you to meet—and exceed—your organisational objectives.