Daily Archives: January 9, 2009

Is Toyota Way Principle #1 In Your Organization Right Now?

I was reviewing Liker’s Toyota Way recently and principle # 1 jumped out at me: Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals.

Given the current economic situation, is management losing long-term focus?  Are immediate short-term decisions being made out-of-sync with a longer view in mind?

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Filed under Business, Hansei, Learn Leadership