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The Toyota Way: A book review by Bob Morris

First Friday Book Synopsis

The Toyota Way Jeffrey Liker McGraw-Hill (2003) To understand Toyota’s success, first understand its DNA I read this book when it was first published in 2004 and recently re-read it, curious to know how well Jeffrey Liker’s explanation of Toyota’s management principles and lean production values have held up.

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Benefits And Challenges Of Lean Manufacturing

Strategy Driven

Therefore, lean manufacturing is about reducing or eliminating waste across the board, from customer service and design to distribution and manufacturing. It is also commonly referred to as lean production. There are many benefits associated with lean manufacturing, as well as numerous challenges.

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Strategy’s No Good Unless You End Up Somewhere New

Harvard Business Review

Innovation isn’t always strategic, but strategy making sure as heck better be innovative. By definition, strategy is about allocating resources today to secure a better tomorrow. It is important, however, to understand the nuances and complexities of innovation as they relate to strategy. When Innovation Is Strategy.

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A Brief History of the Ways Companies Compete

Harvard Business Review

Many companies still compete this way and there continue to be successors to Taylorism, including business process reengineering and lean production. It was given a big boost during the 1970s when the Experience Curve was lifted from the manufacturing floor and adopted as a strategy tool in the corporate board room.

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Why Can’t U.S. Health Care Costs Be Cut in Half?

Harvard Business Review

Ford shifted the auto industry from craft to mass production, and the Japanese later took it a step further to lean production. The same can be said of other procedures that might lend themselves to mass or lean production. Negotiation Strategies for Doctors — and Hospitals.

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Five Lean Lessons to Live By

Lead Change Blog

What insights can we gather from the experience of these teams to help better integrate future teams that are new to Lean? Here are five lessons that will help you become a high-performing Lean organization: Keep Focused On Flow. Following the Instructions With Your Lean Tools. Driven By Data.

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Does Your Leadership Flunk the Testing Test?

Harvard Business Review

On a far larger scale and more caustically, former JCPenney and Macy's CEO Allen Questrom ripped into current JCPenney CEO (and Apple Store innovator) Ron Johnson's turnaround strategy for the struggling retailer. To do all of them at one time without testing the first one — you have to question what kind of strategy that is.".