Innovating the Toyota way
The global automotive company Toyota can undoubtedly be considered an innovation leader in its industry. The world-renowned Toyota Way, a set of guidelines and principles, has created a corporate philosophy and organizational culture leading to a common language within the company, regardless of cultural diversity across continents.
Toyota has maintained its own uniqueness and power when it comes to innovation. The "members," as Toyota calls its employees, are offered numerous opportunities to continuously contribute, implement, and drive new ideas across the organization.
- All Toyota members are encouraged to contribute new ideas and drive innovation forward.
- Toyota saw an opportunity to bring innovation closer to European manufacturing centers and equip people with necessary tools to collaborate on innovation.
- Digital approaches are needed to compensate for fewer supplier visits and conferences since the COVID-19 pandemic.
- A single source of truth, including radars and roadmaps, provided the best way to aggregate disparate information and create transparency, accessibility, and value for corporate innovation.