Toyota Motor Corporation Organization Strategies Essay

Words: 4733
Pages: 19
Open Document
Contents

1. Toyota Motor Corporation
1.1 Historical Background
1.2 Organizational Structure and Key Players
2. Learning and Reinforcement Concepts
3. Motivation
4. Leadership theories and concepts
5. Influence of power and politics on an organization
6. Strategies for improving organizational communication and work performance
Conclusions
References

1. Toyota Motor Corporation

1.1 Historical Background Toyota Motor Corporation, or Toyota in short, is a Japanese automaker. It is the world's second largest automaker behind General Motors [http://www.hino.co.jp/e/pressrelease/press.htmhl]; however it ranks first in net worth, revenue and profit. It is also the only car manufacturer to appear in the top 10 of …show more content…
Toyota's executive body is the Board of Directors. This is composed of a total 25 Directors that include the Chairman, Vice Chairman, President, 8 Executive Vice Presidents, 12 Senior Managing Directors, an Honorary Chairman, and Senior Advisor. None of these are independent directors. There are four committees that feed into the Board, including the Labour-Management Council, the Corporate Philanthropy Committee, the Stock Option Committee, and the Toyota Environment Committee.
The Toyota Motor Corporation has several key members, including founding President and Board Member: Katsuaki Watanabe. In addition, fellow board members and key personnel include: Fujio Cho, Chairman, Katshuhiro Nakagawa, Vice Chairman, as well as several Senior Managing Directors. Most notable of these is Takeshi Suzuki of the Finance and Accounting Group. Several additional Board Member and Executive Vice Presidents also reside in posts pertaining to different factions of the corporation. Other individuals earning mention are Honorary Chairman: Shoichiro Toyoda, and Hiroshi Okuda as a Senior Advisor and Member of the Board.
Toyota does not score well in member control, primarily because of the weak shareholder protections provided by Japanese corporate law. While Japanese law provides shareholders with some rights, the law stipulates that rights are granted through ‘unit shares' instead of individual shares. Under this
Show More

Related Documents: Toyota Motor Corporation Organization Strategies Essay

What Is The Importance Of Training

career or job (Blanchard/Thacker, 2010). 2. Briefly describe what the organization is and what is does. This should be one or two paragraphs. Toyota was founded in 1867, by Sakichi Toyoda, with the purpose to contribute to a prosperous society with the innovation and manufacture of quality automobiles. Toyota manufactures various types of vehicles worldwide. Toyota is considered an innovative leader, and the organization is well-known for its management philosophy and the world’s first mass-market…

Words 1015 - Pages 5

Csr Toyota Essay

growth, profitability and survival? Drawing on an example of a corporation/company (National/ International), discuss this in the context of business strategies, in particular on the issues of competitive advantage and firm performance. Introduction In this essay, we will discuss why organizations began CSR and how it is or can be or why should it be implemented. CSR usually get started off either as an integral part of the business strategy or corporate identity, or it can be used as a defensive policy…

Words 1780 - Pages 8

Marketing Environmental factors Essay

The marketing strategy planning process abates only to the best opportunities. These opportunities are highlight in the strategy and provide the firm with a competitive advantage. The strategy considers the market environment and how these elements are shifting to provide target customers with superior value. Toyota is an automotive industry organization that manufactures vehicles, and motor cycles. The organization is one of the largest automotive companies in the world. Toyota has a home country…

Words 395 - Pages 2

How Toyota Operate Its Philosophies Between Japan And Thailand

Asian Institute of Technology School of Management SM71.42 Cross-cultural Management How does Toyota operate its philosophies between Japan and Thailand? [pic] Tutor: Prof. Dr. Marie-Thérèse Claes Group 1: • Ms. Phung Viet Ha • Ms. Nguyen Le Hang • Mr. Vu Quang Linh • Mr. Nguyen Van Ha • Mr. Nguyen Trung Thuc Date: September…

Words 3911 - Pages 16

Toyota Operations Improvement Plan Essay

About Toyota For more than 50 years, Toyota Motor Corporation has been one of the world’s leading manufacturers of motor vehicles in the United States. It was born a Japanese company in 1935 and came to America in 1957. Now headquartered in Toyota City, Japan, it employs more than 300 thousand employees globally (Toyota Motor Corporation Company Profile, 2012). In addition Toyota is a global marketing organization. It strategically operates primarily through Japan, Asia, Europe, and North America;…

Words 2288 - Pages 10

Essay on Toyota

Toyota Toyota was found by its president and owner Kiichiro Toyoda which is the best company known today for its cars and ranked number eight in 2011, but challenges never end, ups and downs for sure was part of this great company’s history and is still facing crisis. Toyota started with being a division in Toyoda Automatic Loom Works in 1933, before that time the founder traveled between Europe and the United States to search and investigate automobile productions. It established its operations…

Words 1891 - Pages 8

Marketing and Entry Mode Essay

TITLE “Internationalization Process of Toyota in Europe from the Perspectives of Entry Mode and Network Structure” London School of Commerce (LSC) University of Wales Institute of Cardiff (UWIC) Student Name: Miss. Sajida Ramzan Student ID: 0089kkvl0409 Course: BABS 6 (HONS) Subject: Disertation Lecturer: Dr. Gerald Pollio Executive Summary Problem, Purpose and Method Decision-makers, like sailors, need to know how to ride out a potential storm and to understand how the…

Words 19468 - Pages 78

Five Forces Essay

distribution channels has restricted the entry of new entrant to the industry. Toyota is a popular brand and constant market presence in different sectors with largesize that allows Toyota to have a competitive advantage over the new entrants in the automobile industry (Toyota Motor Co. 2013). An automotive…

Words 1007 - Pages 5

Toyota Corp. Analysis & Balanced Scorecard Essay

Toyota Corp. Analysis & Balanced Scorecard BBUS 4251 Instructor: Dr. Rishma Vedd Name: Tsung-Lin Yeh Student # T00022252 Contents Contents page …………………………………………….. 1 Summary of Balanced Scorecard ………………………… 2 Executive Summary …………………………………………….. 3 Corporate Strategy………………………………………… 3 Critical Success Factors …………………………………… 4 Competitive Advantage ……………………………………….. 4 Balanced Scorecard ……………………………………………. 5 Recommendation ………………………………………………. 7 Conclusion …………………………………………………

Words 1911 - Pages 8

Toyota Final Corporation Analysis Essay

Executive Summary • The Toyota Motor Corporation is leading the way to future mobility through innovation, productivity, quality and efficiency. Toyota uses a self-developed strategy known as the Toyota Production System (TPS) to guide business process improvements. TPS has been utilized by a variety of industries all over the world. The advantages of TPS are savings in time, space and resources resulting in increased efficiency and revenue. Toyota Motor Corporation is a leading global automobile…

Words 5174 - Pages 21