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(Solution) Management and Operations Toyota

   

Added on  2020-12-26

19 Pages5928 Words88 Views
Management andOperations

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INTRODUCTION In an organization, work or task which is conduct is know as operations and it involvesseveral application of principles as well as theories in order to achieve goal in appropriatemanner. When an organisation start and run their business they have to conduct various activitiesrelated to management and operations. Management is related to process of organising andcoordinating business activities and functions in order to attain goal and objective in effectiveand appropriate manner (Balasubramaniam and et.al., 2016).Organization taken for thisassignment is Toyota which is established by Kiichiro Toyoda in year 1937. It’s headquarter is inToyota city, Aichi, Japan and they are dealing in automotive industry. There are several divisionsof respective company such as Toyota, Lexus, Ranz, TRD, Scion, Gazoo Racing and manyothers. They serve their products and services at worldwide marketplace like Australia,Bangladesh, Europe, India, Indonesia, Japan and many others. Topics covered in this assignmentare difference role and functions of leader and manager in operational function in anorganisation. Along with this it explain relationship between leadership and management incontext of different theories and models. TASK 1P1 Define and compare the different roles and characteristics of a leader and a managerToyota is a automotive company which was established in year 1937. There are variousproducts that are offered by respective company such as auto mobiles, luxury vehicles,commercial vehicles, engines and many others. They offer their products and services atworldwide marketplace. Services offer by this company are banking, financing and leasing.Numbers of employees working in Toyota are approx 3,69,124. It is a world's leading automobile company which designing and developing their products according to customers needand demand with advance technology (Christopher, 2016). Its main objective is to attract moreand more customers and enhance their profitability and market shares. Management structure adopted by respective company is hierarchy structure which helpsthem in operating business operations and functions in effective and efficient manner atworldwide level. In hierarchy structure work is conduct on the multiple level and it is seems as apyramid. In this superiors will direct and supervise their subordinates to conduct work inappropriate manner. In context of Toyota decision is taking my management of company, who

are working in headquarter. Those employees who are working in different location follow thatthis decision in order to work in effective manner. This will help Toyota in achieving their goaland objectives in appropriate manner. Along with this respective company enhance decisionmaking authority and power of regional heads and business unit managers.Definition of Manager: Manager is a person within an organisation who is responsible for certain task, work,group or project within a workplace.Employees or subordinate of a company report to themanager regarding their work and responsibilities (Cordray and et. al.2015). Manager of Toyotaplay various duties such as recruiting, preparing budgets, provide training to employeesaccording to requirement, prepare financial report etc. Role of manager-Major role of manager in respective company is that they motivate their employees inattaining goal and objectives in effective manner. This will also help employees in gettingrewards and appraisal. Illustration 1: Toyota management structure (Source:Toyota management structure, 2018)

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