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Author Topic: Toyota's #1 Principle  (Read 156 times)

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Offline Alan

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Toyota's #1 Principle
« on: February 08, 2020, 02:16:39 AM »
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  • Jeffrey Liker wrote a book about Toyota's management principles. The first principle is as follows.
     
    Principle #1: “Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals.”

    This wakes me up. In retrospect, I have wasted a lot of my time because I have not based my decisions on my long term goals -- eternal salvation etc. Whenever I do not align my actions and decisions with my long term goals, I am wasting my time.