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The Toyota Way. The Toyota Way is a set of principles defining the organizational culture of Toyota Motor Corporation. [1][2] The company formalized the Toyota Way in 2001, after decades of academic research into the Toyota Production System and its implications for lean manufacturing as a methodology that other organizations could adopt. [3]
Onboarding or organizational socialization is the American term for the mechanism through which new employees acquire the necessary knowledge, skills, and behaviors to become effective organizational members and insiders. In standard English [clarify], this is referred to as "induction". [1] In the United States, up to 25% of workers are ...
Organizational culture refers to culture related to organizations including schools, universities, not-for-profit groups, government agencies, and business entities. Alternative terms include corporate culture and company culture. The term corporate culture emerged in the late 1980s and early 1990s. [1][2] It was used by managers, sociologists ...
A leadership style is a leader 's method of providing direction, implementing plans, and motivating people. [1] Various authors have proposed identifying many different leadership styles as exhibited by leaders in the political, business or other fields. Studies on leadership style are conducted [2] in the military field, expressing an approach ...
Origin and development. [] Organizational ambidexterity was defined as an organization's ability to be aligned and efficient in its management of today's business demands as well as being adaptive to changes in the environment at the same time. [ 1 ] This term of organizational ambidexterity was first used by Duncan, [ 1 ] however, it was March ...
IDEO (/ ˈaɪdioʊ /) is a design and consulting firm with offices in the U.S., England, and China. It was founded in Palo Alto, California, in 1991. [ 6 ][ 7 ][ 8 ] The company's 500 staff uses a design thinking approach to design products, services, environments, brands, and digital experiences. [ 9 ][ 6 ][ 10 ] In 1996, Steelcase took a ...
Organization development (OD) is the study and implementation of practices, systems, and techniques that affect organizational change. The goal of which is to modify a group's/organization's performance and/or culture. The organizational changes are typically initiated by the group's stakeholders. OD emerged from human relations studies in the ...
The resource-based view (RBV), often referred to as the "resource-based view of the firm", [ 1 ] is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. Barney's 1991 article "Firm Resources and Sustained Competitive Advantage" is widely cited as a pivotal work in the ...