Talk on “Toyota Way” by Mr. T.R. Parasuraman

As a part of orientation programme, students of PGDM batch 2013-15 had the privilege of hearing T R Parasuraman, Senior VP, Toyota Kirloskar Auto Parts, Bangalore, on 08 June 2013. Mr. Parasuraman talked about the "Toyota way" for Continuous Improvement (Kaizen) and Respect for people. He opined that continuous improvement is a result of establishing long term vision, working on challenges, continuous innovation and going to the source of the issue (Genchi Genbutsu); and, respect for people calls for respecting knowledge, position and giving people a sense of purpose. He advised the students to develop the key traits which will take them places. In fielding the questions, he stressed more on development of attitude than skills as skills can be taught. After all, one hires for attitude and trains for skills.