#strategy and Agility: Lessons from #toyota, Honda, Yamaha, and #tesla
▻https://hackernoon.com/strategy-and-agility-lessons-from-toyota-honda-yamaha-and-tesla-82f5f55a
A great example of strategy tightly coupled with agility/fast-product-feedback-loops: Toyota and the Toyota Production SystemThe aim of the Toyota Production System (“TPS”) is “making the vehicles ordered by customers in the quickest and most efficient way, in order to deliver the vehicles as quickly as possible” (emphasis is mine).In other words, the TPS is the mechanism that Toyota uses to build a lean / #agile / high mobility mentality into its production lifecycle from order to delivery. The TPS supports Toyota’s overall strategy of building the most reliable and lowest total-cost-of-ownership cars in the world.All workers are obligated to improve any process they can to improve speed and reduce waste in the production line. They’re not just permitted to improve, but obligated… in other (...)