Purpose – Toyota's management system, more formally known as the Toyota production system (TPS) is one of the most benchmarked business improvement strategies in modern industry. While many companies try to emulate Toyota's success using a variety of different approaches, most practitioners...

Purpose – The purpose of this paper is to quantify Toyota's managerial values known as the Toyota Way to understand the cultural aspects of the Toyota production system (TPS). Design/methodology/approach – The research methodology in this paper utilizes latent semantic analysis and singular...