The Toyota Way, Second Edition: 14 Management Principles from the World's Greatest Manufacturer, 2nd Edition

Introduction

The Toyota Way: Using Operational Excellence as a Strategic Weapon

We place the highest value on actual implementation and taking action. There are many things one doesn’t understand and therefore, we ask them why don’t you just go ahead and take action; try to do something? You realize how little you know and you face your own failures and you simply can correct those failures and redo it again and at the second trial you realize another mistake or another thing you didn’t like so you can redo it once again. So by constant improvement, or, should I say, the improvement based upon action, one can rise to the higher level of practice and knowledge.

—Fujio Cho, President, Toyota Motor Corporation, 2002

Toyota first broadly caught ...