Image via Wikipedia QUESTION: Toyota was been benchmarked for their Lean deployment with its Toyota Production System. Why is Toyota now experiencing the problems that they are now experiencing? RESPONSE: In a December 2009 article in the Economist it was described how in 2003 Toyota created a strategy to be the largest company in the [...]
Posts Tagged ‘Toyota Production System’
How the mighty fall and a enhanced business system resolution
Cover via Amazon Jim Collins describes in the book, How the mighty fall and why some companies never give in, five stages to decline: 1. Hubris born of success; 2. Undisciplined pursuit of more; 3. Denial of risk and peril; 4. Grasping for salvation; 5. Capitulation to irrelevance or death. The book cites many examples [...]
Execution steps for Kaizen events within a Lean Six Sigma DMAIC project execution Roadmap
Kaizen events are common place within Lean deployments for process improvements through the reduction of waste. Six Sigma is known for defect reduction techniques. Within Lean Six Sigma deployments, kaizen events can also be used in the improve phase of the project execution roadmap; i.e., Define-Measure-Analyze-Improve-Control (DMAIC) roadmap. This can be done as part of [...]
Toyota subpoenaed by U.S. federal grand jury: An improved business management system
Image by BulaPhotography via Flickr A U.S. federal grand jury in New York subpoenaed Toyota to submit documents related to problems with steering-relay rods in its vehicles. The question is how a company that has had such a great past track record can have issues like this. Toyota and its Toyota Production System (TPS) did [...]
Traveling to Bolivia to establish a 21st-century corporate management system
Organizational leaders often openly discuss how business complexity is growing; however, at the same time an overly-simplistic management system is often utilized, which does not address this complexity. One business-management shortcoming was exposed in the financial crisis of 2008 where business risks were not integrated within the executive decision making process. Even Toyota, which has [...]
