article thumbnail

Toyota Under Fire

CEO Blog

Liker, author of esteemed lean production manual The Toyota Way decided he should again focus on Toyota’s cultural efforts, but this time with a bit of a twist. Methods of improvement during the recession were not limited to Toyota staff and production facilities, but extend to suppliers as well. Co-authors Jeffrey K.

Kaizen 140
article thumbnail

The Coherent Conglomerate

Harvard Business Review

Within two years after becoming chief executive of General Electric in 1981, Jack Welch completed one of his most far-reaching initiatives: reducing the number of GE business units from about 150 to 15. But very few conglomerates are set up to embrace this sort of abrupt shift of direction, and it takes a long time to execute.

Welch 8
article thumbnail

What You Won’t Hear About Trade and Manufacturing on the Campaign Trail

Harvard Business Review

While executives of American exporters cite the Trans-Pacific Partnership (TPP) as an agreement that will be of enormous benefit to American workers, for politicians, it is another third-rail issue that few wish to support. Generally, what we see is the country where the final assembly of a product took place. In this U.S. Far from it.