With a market capitalization greater than the value of General Motors, Ford, and Chrysler combined, Toyota is also, (by far), the world"s most profitable automaker. Toyota"s secret weapon is Lean production--the revolutionary approach to business processes that it invented in the 1950"s and has spent decades perfecting. Today businesses around the world are implementing Toyota"s radical system for speeding up processes, reducing waste, and improving quality.The Toyota Way, explain"s Toyota"s unique approach to Lean--the 14 management principles and philosophy that drive Toyota"s quality and efficiency-obsessed culture. You"ll gain valuable insights that can be applied to any organization and any business process, whether in services or manufacturing. Professor Jeffrey Liker has been studying Toyota for twenty years, and was given unprecedented access to Toyota executives, employees and factories, both in Japan and the United States, for this landmark work. The book is full of examples of the 14 fundamental principles at work in the Toyota culture, and how these principles create a culture of continuous learning and improvement. You"ll discover how the right combination of long-term philosophy, process, people, and problem solving can transform your organization into a Lean, learning enterprise--the Toyota Way.