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Search Results for: toyota
Toyota Develops Thought-controlled Wheelchair
Toyota has developed a thought-controlled wheelchair (along with Japanese government research institute, RIKEN, and Genesis Research Institute). Honda has also developed a system that allows a person to control a robot through thoughts. Both companies continue to invest in innovation … Continue reading
Toyota Posts Loss of $6.9 Billion in Last Quarter
Toyota Posts Loss of $6.9 Billion in Last Quarter For January-March, Toyota booked a $6.9 billion loss, in line with consensus estimates, and cut its annual dividend nearly 30 percent — the first cut since at least 1994, when it … Continue reading
Idle Workers Busy at Toyota
Idle Workers Busy at Toyota Instead of sending the workers home, as the Detroit makers often do, Toyota is keeping them at the plants, though. The employees spend their days in training sessions designed to sharpen their job skills and … Continue reading
Webcast on the Toyota Development Process
Kenji Hiranabe talks about Toyota’s development process (webcast). Kenji shares a presentation he attended earlier this year by Nobuaki Katayama, a former Chief Engineer at Toyota, and the lessons he learned from him. Continue reading
Toyota Winglet – Personal Transportation Assistance
Toyota has a long term vision. The population of Japan is aging rapidly. Toyota has invested in personal transportation and personal robotic assistance for quite some time. I must admit this new Winglet doesn’t seem like an incredible breakthrough to … Continue reading
Posted in Innovation, Management, Toyota Production System (TPS)
Tagged Innovation, Investing, Japan, Toyota
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Drucker’s Ideas at Toyota
The Drucker difference and Toyota’s success [the broken link was removed] by Ira A. Jackson, dean of the Peter F. Drucker Graduate School of Management, the business school of the Claremont Colleges. Because of this core belief in the power … Continue reading
Posted in Management, Management Articles, Toyota Production System (TPS)
Tagged Books, Drucker, Toyota
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The Contradictions That Drive Toyota’s Success
An interesting article in this month’s Harvard Business Review looks at the seeming contradictions at Toyota – The Contradictions That Drive Toyota’s Success by Hirotaka Takeuchi, Emi Osono, and Norihiko Shimizu Many of Toyota’s goals are purposely vague, allowing employees … Continue reading
Posted in Management, Process improvement, Systems thinking, Toyota Production System (TPS)
Tagged Process improvement, Quality tools, Toyota
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Toyota Canada CIO on Genchi Genbutsu and Kaizen
What’s driving Toyota Canada’s success? – CIO reveals all for Hao Tien, chief information officer (CIO) at Toyota Canada Inc. those two Japanese phrases – Genchi Genbutsu (go and see) and Kaizen (continuous improvement) really capture it all. … the … Continue reading
Posted in IT, Lean thinking, Management, Management Articles, Toyota Production System (TPS)
Tagged Canada, Toyota
3 Comments
Toyota Building Second Plant in India
Toyota is investing $350 million in a second Indian manufacturing plant. The plant is focused on producing vehicles for the local market – as the Toyota Production System suggests that production be close to the market. Toyota to invest Rs1,400 … Continue reading
Posted in India, Manufacturing, Toyota Production System (TPS)
Tagged Asia, India, Manufacturing, Toyota
1 Comment
Toyota Execution Not Close to Being Copied
The Open Secret of Success Toyota’s innovations, by contrast, have [focused] on process rather than on product, on the factory floor rather than on the showroom. That has made those innovations hard to see. But it hasn’t made them any … Continue reading →