The Toyota Way, a production method that empowers each worker for quality control, also encourages employees to be innovative and independent.
The Toyota Way, a production method that empowers each worker for quality control, also encourages each employee to be innovative and independent.
Ramachandran correctly points out, it's not obvious that technocratic models like "the Toyota Way" the automaker's set of managerial principles that Rahul has invoked are suited to India's messy politics.
But, ironically, the Japanese automaker would never consider outsourcing a quality-sensitive operation like a body shop or paint shop, says Jeffrey Liker, a University of Michigan engineering professor and author of The Toyota Way.
You have to hand it to Toyota for the way it has handled the contradictory realities that make reputation management so challenging.
The examples, she noted, are endless: the enormous productivity gains engineered by Toyota, the way Infosys redefined what was possible in India, the lives saved by what is now a swear word, Big Pharma.
It's a relatively cheap way for Toyota to catch up with rivals like Nissan and General Motors in battery-powered vehicles while it continues its own research, he said.
Toyota and Honda led the way: their American sales soared by 42% and 31% respectively.
In fighting its way back, Toyota has catered to a decided shift in the drivers of reputation that have the most influence.
The small hatchback that Mercedes-Benz has on a pedestal at its auto-show display looks like a car that got lost on its way to the Toyota stand.
Toyota is thinking it's going to take a fresh way of building cars and trucks, and Cho has tapped every department in Toyota-- engineering, purchasing, marketing, design--plus called on Toyota's suppliers to find it.
Toyota wants to build vehicles more the way Nike assembles its shoes--with the soles made in one country, cloth uppers cut in a nearby country, all stitched together in a third country.
Everyone is looking for a way to fight Godzilla Toyota, which soon be the largest automaker in the world.
Toyota figured out earlier this year a better way to marry the fan site with its more traditional media.
Everyone is looking for a way to fight Godzilla Toyota (nyse: TM - news - people ), which soon be the largest automaker in the world.
Despite crawling its way back to the top, Toyota still faces major challenges, such as intense competition not only from U.S. automakers but leaner rivals like Hyundai of South Korea and Volkswagen of Germany.
The market is "paying close attention to how much a weakening yen might have helped companies like Toyota as the earnings reporting season gets under way for the just-concluded fiscal period, " said Naoki Fujiwara, fund manager at Shinkin Asset Management.
Meanwhile, no one will step aside to make way for Volkswagen, least of all Toyota or GM.
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"Toyota is a car company that challenges itself in a way that makes the world shudder, " says Maryann Keller, a U.S.-based consultant and author of two books on the auto industry.
During his four years at Toyota's helm, Toyoda has learned the hard way the costs of blindly pursuing growth, a strategy inherited from his predecessor that he ruefully acknowledges got him slammed by a cascade of recalls.
Prius sales led the way for what proved to be a stellar March for Toyota and Lexus hybrid sales.
But Toyota, like other Japanese car companies, was looking for a way to build vehicles in the United States.
Incidentally, Smith won his way onto the fast track at GM by working with Toyota Motor Co. to establish a joint factory in California, and also by running GM Europe.
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Anyway we need to something about it and I have been advocating to utilize the Toyota Manufacturing System to reduce waste from the site selection all the way to installation to the grid.
Put another way, because a weaker yen equals a stronger dollar, Toyota can demand fewer dollars from its American customers to achieve the same amount of yen in profit per unit.
The Englishman was himself some way ahead of the Williams of Kazuki Nakajima, with Jarno Trulli's Toyota taking the final points position.
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Toyota's ample cash and engineering resources mean that it is unlikely to be caught out, whichever way the market goes.
Until now, battery power has been seen as primarily a way to reduce emissions and improve fuel economy, whether with relatively conventional hybrids, like the Toyota Prius, with plug-ins, such as the new Chevrolet Volt, or with pure battery-electric vehicles, like the Nissan Leaf.
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