Ford's CEO says a Japanese management practice he picked up from rival Toyota helps him make better decisions

Source: Business Insider

"Before you make a big decision," CEO Jim Farley says, "you have to go and see the real problem — where the waste is. "Anatoliy Cherkasov/Informa Plus Photo Agency/LightRocket via Getty ImagesFord is reinventing its manufacturing processes for the age of electric vehicles. CEO Jim Farley credits a management practice called Gemba with helping him make better decisions.