(05-11-04) Toyota's 14 management principles

* Base your management decisions on a long-term philosophy even at the expense of short-term financial goals
Create continuous process flow to bring problems to the surface
Use pull systems to avoid overproduction
* Level out the workload (work like the tortoise and not the hare)
* Build a culture of stopping to fix problems, to get quality right the first time
* Standardized tasks are the foundation for continuous improvement
Use visual control so no problems are hidden
Use only reliable, thoroughly tested technology that serves your people and processes
# Grow leaders who thoroughly understand the work, live the philosophy, and teach it to others
# Develop exceptional people and teams who follow your company's philosophy
# Respect your extended network of parners and suppliers by challenging them and helping them improve
'#' is for team management.
* Go and see for yourself to thoroughly understand the situation
* Make decisions slowly, by concensus, thoroughly considering all options [and then] implement decisions rapidly
* Become a learning organization through relentless reflection and continuous improvement.

Yu Huang 2006-03-25

November 2009

Yu S. Huang Homepage, USC MCB/CMB