Tag: Toyota Production System
-
Thriving in times of crisis: The power of Lean and Management Control in SMEs
Crisis-Proofing your business ? Embracing Lean’s transformational power In the world of business, navigating through turbulent times requires a strategic shift. Sustainable growth often faces threats, and organizations can find themselves challenged by stagnation or even a decline in competitiveness. During these periods, societal tensions may rise, and it becomes crucial to adapt strategies for…
-
How Lean lost its way. The deviation from the original philosophy
What is the purpose of Lean? Why do we use it? The roots of the Lean philosophy can be traced to Toyota’s manufacturing systems in Japan, inspired by Henry Ford’s flow production in the United States and Eli Whitney’s interchangeable parts (1). The term Lean was coined by John Krafcik in 1988 and defined by…
-
Lean and Management. How to engage employees in continuous improvement ?
The paradox of Lean is that it challenges human nature People tend to cling to their routines, habits, and work methods, especially if they have devised or built them themselves. They also seek to find meaning and motivation in their work, as long as it excites them and aligns with their values. But most people…
-
How the Toyota Way can help your Business
Learning the Toyota Way What is the notion of time and what is “waiting” when you’re a leader ? At Toyota, knowing how to maintain a lifelong learning attitude is essential to having effective leadership and creating a Lean organization. And at Toyota, to manage well, you have to know how to observe. Companies that…
-
Lean and Performance: An overview
Improving performance thanks to Lean. Definition of Lean. Definition written by Womack and D. Jones “The machine that changed the world”. “Customer engagement and their desire to promote the service(s) they have purchased stems from the engagement of the company’s employees. Employee engagement starts from a simple premise: every employee is rich in know-how, feelings…
-
Agile strategy. Be flexible to embrace uncertainty and complexity.
With accelerated globalization and the hyper-connectivity of the economy, businesses, especially SMEs, now have to contend with global competition and increasing technological complexity. Being creative, innovative while being able to simplify their processes allows the most agile companies to manage their strategies more effectively and to export better, further and faster. According to Séverin Legras…
-
Crises, a catalyst for change and innovation.
Schumpeter’s creative destruction theory. Beyond the need to adapt the management of organizations to the threats of crises, Joseph Schumpeter showed us that these periods of transformation are above all conducive to innovation. Toyota’s organizational model, itself born at the end of the Second World War in a devastated Japan, is one of the most…
-
Strategy and crisis
According to the Greek etymology, “strategia” means “command” with an evolution of meaning towards “the art of the strategist”, political and military art at this time and for many centuries. In economics, strategy is a set of choices of objectives and means that guide the medium and long term activities of an organization or a…
-
Introduction to crisis strategic transformation
Leaders have to deal with strategic management in times of crisis. Current company strategies emphasize the use of continuous improvement, lean management, as a key success factor. They seek to mitigate the threats associated with the crisis. They are also looking for a relevant management control tool to measure the impact of continuous improvement actions.…
Happy CEO 