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The Toyota Way

Toyota's 14 management principles, second edition

  • Researched profile
Starting price
See publisher and retailers
Free option
None listed
Pricing
Price on request
Format
Book

The lean-stack take

Lean practitioners use it as a foundation text on the philosophy behind the Toyota Production System. The second edition adds new material on leadership, scientific thinking and how Toyota uses Hoshin Kanri.

Best for

Leaders and practitioners who want to understand the thinking behind lean as well as the tools.

Watch out for

It is a book on principles, so pair it with hands-on practice and coaching.

About

About The Toyota Way

The Toyota Way, Second Edition, by Jeffrey K. Liker, explains Toyota's 14 management principles. It is published by McGraw Hill.

Written by lean-stack from the publisher's description. This is a summary, not a full review.

Contents

What The Toyota Way covers

01

14 principles

Toyota's management principles, grouped into philosophy, process, people and problem solving.

02

Updated data

Revised information on Toyota's approach in a world of mobility and smart technology.

03

Examples beyond Toyota

Cases from manufacturing and service organizations that applied the Toyota Way.

04

Leadership models

A fresh approach to leadership in a lean organization.

05

Scientific thinking

The brain science and skills for learning to think scientifically.

06

Hoshin Kanri

How Toyota aligns objectives at all levels with business strategy.

Lean techniques supported

The lean practices The Toyota Way is built to support.

Price

Where to buy The Toyota Way

Checked October 3, 2026

Starting price

See publisher and retailers

Pricing
Price on request
Free option
None listed

How pricing works

Available from McGraw Hill and retailers in print and eBook.

Second edition. ISBNs listed by the publisher include 978-1-260-46851-9 and 978-1-260-46852-6.

See current prices on mheducation.com

The Toyota Way doesn't publish a full plan list, so we show what it does publish. Confirm prices with the vendor.

Strengths and limitations

What stands out, and what to watch

Strengths

  • Explains the philosophy behind lean tools
  • Second edition updated with new frameworks
  • Covers Hoshin Kanri and scientific thinking
  • Examples from manufacturing and services
  • Author has won multiple Shingo awards, per the publisher

Limitations

  • Principles need translating into your own context
  • A long read compared with a short guide
  • Not a step-by-step toolkit

Based on the publisher's own description, not a full review.

Fit

Is The Toyota Way right for your team?

A good fit if…

  • You lead a lean transformation
  • You want to understand why Toyota's system works
  • You coach others and need a common reference
  • You want background on Hoshin Kanri

Look elsewhere if…

  • You need a quick how-to for one tool
  • You want templates rather than principles
  • You need a value stream mapping workbook

Reviews

What The Toyota Way readers say

We haven't found published reviews of The Toyota Way on G2 or Capterra yet. Smaller lean tools often have none, so judge it on the facts above and a trial.

FAQ

The Toyota Way: common questions

Who wrote The Toyota Way?
Jeffrey K. Liker.
What is new in the second edition?
Updated data, examples beyond Toyota, new leadership models, scientific thinking and Hoshin Kanri.
How is the book organized?
Into philosophy, process, people and problem solving, covering 14 principles.

Where this comes from

Sources for this page

Facts on this page come from the publisher and the sources listed here. Prices change, so check the retailer before you buy.

Sources, checked October 3, 2026

Listed October 2, 2026.