Toyota Total Quality Management.
The CEO of Toyota
Re: Quality control and improvement
According to management guru Jim Collins, author of the book Good to Great, "before vision, before strategy, before tactics, before organizational structure, before technology" a great company is founded upon the idea of starting with the right people (Collins 2001: 45). Collins defines the highest Level 5 managerial style with the words: "I don't know where we should take this company, but I do know that if I start with the right people, ask them the right questions, and engage them in vigorous debate, we will find a way to make this company great" (Collins 2001: 45). Toyota has been plagued with recalls recently and focusing on its people is the key to returning to its former, unparalleled reputation for quality.
It is essential for the all of the directors of my department to refocus Toyota's leadership and touch base with what made the company great: providing affordable, safe, environmentally-friendly cars to the public in a manner which suits the public's needs. The leaders must be flexible enough to admit when the company has erred in the past and be willing to embrace out-of -- the box thinking. They must also have an eye for analyzing metrics in an effective fashion. Above all, a change in Toyota requires good people. "The good-to-great companies understood a simple truth: The right people will do the right things and deliver the best results they're capable of, regardless of the incentive system" (Collins 2001: 50). Throwing money at the problem is not sufficient. Toyota must have the right people in the right positions and also cultivate the proper...
Toyota is one of the world's leading automakers. For most of its existence, the company has been unassailable, but this past year has presented the company with a number of challenges. These include plant shutdowns caused by parts shortages as a result of the Japanese tsunami, Japanese consumer spending falling again because of the tsunami, competitive challenges and product quality issues that lead to recalls. As one of the world's leading
Toyota has a few strengths on which to build competitive advantage and exploit opportunities in the marketplace. The company has two strong brands in Toyota and Lexus that are internationally recognized, allowing Toyota significant leverage when entering new markets or even negotiating with suppliers. Another strength that Toyota has is a strong global distribution network. Takahashi (2010) notes that even as Japan and the U.S. saw weakness in 2010, the
Toyota Analysis: Part II As detailed in Part one of the Toyota Motor Corporation case study the company faced exogenous threats to its continuing longstanding profitability: rigorous and growing competition in the automotive industry amidst a weak global economic recovery, and the hangover in trust and customer loyalty to the brand due to 10 million auto recalls since 2009 (CNNMoney.com. N.D.). Despite these threats the company has pushed forward in its
They may be forced to follow the technical procedures that are related to the recall that may seem time consuming on their part. In cases where the defect has caused the life of someone then monetary compensation may not suffice as life is deemed precious than the monetary compensation that may be awarded. Recall usually causes a lot of disruption to consumers hence creating a major confusion to the personnel
Toyota culture that culminated in the safety issues and decline of the Toyota company although this is controversial;. Some say that the Toyota culture with its emphasis on family inheritance engendered decline, whilst others say that it was the reign of t he non-family members that culminated in the decline. Still others insist that there was no decline at all and that that Toyota still shows profit. Either way,
Xcvbnmqwertyuiopasdfghjklzxcvbnmqw Ertyuiopasdfghjklzxcvbnm Opportunities and threats faced by Toyota Module 2-Case Study [Pick the date] Like any other organization, Toyota has its share of threats and opportunities which can either make or break this organization if not addressed properly. Toyota has been lately addressing environmental issues caused due to emission of harmful gases and also major cost cutting strategies required right after recent wave of recession. Lately, operations of Toyota have been disturbed
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