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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
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Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

The most important way to mitigate risk is to become excellent at either engineering, product, selling, or operations and management. Lean Product Development and Customer Development processes) decreases the chance of a startup’s failure. Develop deep expertise — your best risk-mitigation strategy .

Career 8
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Breaking the Death Grip of Legacy Technologies

Harvard Business Review

automakers took decades to adopt lean production methods despite the obvious benefits from increased productivity and lower work-in-process inventory. Even General Motors, which had a bird’s eye view of the Toyota Production System from its joint venture with Toyota at New United Motors Manufacturing Inc.

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Cracking Hierarchies In Japan After the Tohoku Earthquake

Harvard Business Review

While in Kansai, Japan's second economic engine based around the city of Osaka, I found things operating pretty much as normal. Japan is famous for its lean production systems and efficient supply chains. But these have proven to be very brittle in the face of this disaster.

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The Coherent Conglomerate

Harvard Business Review

2 in its market; he also insisted that every business provide value no competitor could match, and that they all should be able to gain leverage from GE's distinctive strength in complex, engineering-intensive industrial enterprises — or they wouldn't fit. That was the point of his famous requirement that every business had to be No.

Welch 8
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What You Won’t Hear About Trade and Manufacturing on the Campaign Trail

Harvard Business Review

Generally, what we see is the country where the final assembly of a product took place. Almost every sophisticated manufacturer uses some kind of lean production system that pulls raw materials in from a warehouse. While production is approaching all-time highs, the percentage of parts that come from U.S. Far from it.