💨 Abstract

The article discusses the importance of trust and cooperation between stakeholders in organizations, using the Toyota Production System (TPS) as a case study. TPS relies on continuous improvement and respect for employees, with workers empowered to identify defects and stop production lines. This system works when stakeholders trust each other and understand their roles and expectations. However, replicating such trust and cooperation in other organizations can be challenging due to differences in historical and cultural contexts.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖