Answered on : 2024-01-24
1. **Overview**: J.K. Liker's "The Toyota Way" (2004) outlines 14 management principles derived from Toyota's success[1][3].
2. **Content Highlights**:
- **Principles**: Liker explores the 4-P model—Process, Philosophy, People/Partners, and Problem Solving[6][8].
- **Application**: The book illustrates how companies can apply these principles, citing real-world examples[4].
3. **Reception**:
- **Positive Reviews**: Liker's work is praised for practical insights and applicability[6].
4. **Further Reading**: For a summary, Liker's executive summary of the 14 principles is available[5].
5. **Legacy**: "The Toyota Way" remains a significant reference in lean management[9].
Overall, the book serves as a valuable guide for implementing Toyota's successful management approach in various organizations.