IT is widely known that Japanese managerial principles are the most attractive and the most viable propositions to keep in mind, especially among companies that are known for their production lines. These principles have now become hot topics and interesting cases to study in the classrooms among students and professionals who are pursuing a master's degree in business administration in higher learning institutions both here and abroad. There is more than a handful of practical wisdom that can actually be gained from them.
"Genchi genbutsu" (現地現物), which means "go and see for yourself," is one of these management principles; it is a managerial term associated with Toyota Motors company. It has gained popularity through the years as Toyota Motors achieved international fame as well as acclaim for its very dependable automobiles.
