Toyota’s Creative Execution Formula

Toyota’s success on the world stage stems from two primary advantages that the Japanese company has nurtured over the past 70 years: one is the Toyota Production System (TPS), which the Toyoda family developed and fine-tuned after its study of Ford’s manufacturing facilities in the United States; the second is Toyota’s deep listening culture, which has allowed the company to make the right choices for customers while retaining a humble, learning attitude. As Hirotaka Takeuchi, Emi Osono, and Norihiko Shimizu wrote in the Harvard Business Review after studying Toyota for six years, “TPS is a ‘hard’ innovation that allows the company to keep improving the way it manufactures vehicles; in addition, Toyota has ...

Get Creative Execution: What Great Leaders Do to Unleash Bold Thinking and Innovation now with the O’Reilly learning platform.

O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.