Remove Crisis Remove Execution Remove Lean Production
article thumbnail

Toyota Under Fire

CEO Blog

One of my interns, Marcus Arcabscio wrote the following review on it: In the light of the Toyota recall crisis that negatively impacted the company’s public reputation and trust, Jeffrey K. Methods of improvement during the recession were not limited to Toyota staff and production facilities, but extend to suppliers as well.

Kaizen 140
article thumbnail

Britain’s Patient-Safety Crisis Holds Lessons for All

Harvard Business Review

This is a familiar and understandable concern and is usually the number one agenda item in many executive offices. They created and maintained a close connection to frontline staff — what Jim Womack , the expert in lean production and thinking, calls “going to gemba ” — Japanese for “the actual place.”.

Crisis 13
article thumbnail

How Economists Got Income Inequality Wrong

Harvard Business Review

Since the financial crisis, economists such as Joseph Stiglitz of Columbia, Raghuram Rajan of the University of Chicago, and even staffers at the International Monetary Fund have begun to argue that income inequality causes economic damage. Everyone from the executive suite to the shop floor contributes as a team to production.