Performance Management Systems and Strategies

TOYOTA PRODUCTION SYSTEM (TPS) AND LEAN MANAGEMENT

Two global organizations, Toyota and Tesco, successfully implemented lean management to achieve quality and efficiency in their business processes. Lean management practices aim to achieve effectiveness through efficient systems and processes. Very appropriately we can define efficiency as how to do the things correctly, while the organizations achieve effectiveness doing the things correctly. From that perspective, while efficiency guides the way to achieve excellence through its successful implementation, organizations achieve the effectiveness. Lean thinking is the efficient way of thinking to improve the business process and lean practices lead to achieve effective results. Toyota by introducing ...