Toyota and process efficiency

Any student of process can learn so much from Toyota, and this book is a great resource. Even if you are focused on projects, portfolios and not process, Toyota’s concepts can be enlightening. One of my favorites is the notion of waste (muda) and how broadly it is defined, for example failure to capitalize on employee’s ideas is viewed as a form of waste. I think that’s a fascinating concept and another is the idea that any turning of a bolt that doesn’t serve to tighten it is a form of waste. Again, an interesting concept. Toyota’s method is littered with this thinking. Worth reading about if you haven’t already.

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