Management & operations Assignment | Toyota
Added on 2021-01-01
24 Pages4812 Words474 Views
Management & Operations
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................11. Introduction to Toyota........................................................................................................12. Role of manager and Leader...............................................................................................23. Role of Manager and leader different situation..................................................................44. Evaluation of different approach........................................................................................55. Leader and manager’s influence on organisation...............................................................9Task 2...............................................................................................................................................91. key operations of Toyota....................................................................................................92. Operational function and role of leader and manager......................................................103. Key operational approaches in Toyota.............................................................................124. Outermost factor affecting Toyota managerial decision making.....................................135. Practices enhancing the production efficiency.................................................................146. Suggestion and recommendation for production correction............................................15CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................17
INTRODUCTIONOperation management deals with implementation of managerial function in operation forfurther and continuous and further advancement. This report will render glimpse aboutdifferent operational activities perform in Toyota. Report also covers the role of managerand leader in business decision making along with manager and leadership model. Studyarticulates the influence of manager on business. Study also highlights the factor affectingautomotive industry. Lastly suggestion and recommendation will be given in order tomaintain the operational efficiency. Toyota needs no interdiction, it produce luxury andcommercial vehicle across the word. Company has it’s headquarter in Tokyo Japan. 1. Introduction to Toyota Toyota is one of the most successful automotive manufactures in the word. It possessesfirst position in car manufacturing by produce more than 10 million vehicles each year. Also, itbecomes sixth' largest firm by its revenue. Toyota is in leading position in making andencourages the hybrid electrical vehicle (Barron, Pereda and Stacey, 2017). Toyota rendersluxury, commercial, auto-mobile and engines as its key product. Firm's production is 10,418,144units in 2018. Toyota's operational management is so much efficient and effective that helps it toadd stars in its success. Figure 1Managenet model for multinational company(Sources: Organizations and Behavior, 2014)1
Management structure in ToyotaToyota always seeks to practice innovation, so it liberalized its centralised managementapproach in 2013. Earlier, individual Toyota business unit was unable to communicate direct tohead quarter for any local changes, which create problem in addressing the safety issue. Afterhuge criticism company has changed it’s organisational and management structure both(Monden, 2018.). Now it gives more autonomy to regional and business unit head to takedecision. Regional heads are responsible to gives report in head office. There are also productbase division as well. 2. Role of manager and Leader Leaders are persons who earned a superior and unbeatable position in their area of work.Leadership is actually not a position; it is behaviour, which focuses to influence people toachieve a goal. On the other hand manager is responsible to perform managerial function likeplanning, organizing, staffing, controlling in organization. Managers practices administrative andcontrolling activities in order to complete certain task. Role of Manager: Managers make plan and strategies to achieve gaol, they decide what, how and when toperform an activity to attain desired goal. Managers are also responsible to manage humancapital in organisation, for which they access capacity and performance of individual and arrangetraining, motivation and guidance for better efficiency. Resource allocation also done by them, asorganising and staffing (Lam and et.al., 2015). Organising is process to put right thing at rightplace where staffing refer to appoint right person at right position and on right time. Operationaland functional performance is evaluated by manager by compare the standard outcome withdesired. Manager work is not limited to just measure the variance; even they have to take steps tolower the variance gap.Role of leaderLeader tries to induce inspiration in people to take initiative and perform variousactivities with full motivation. They formulate shared vision, mission and objective for business.They also focus on maintain the motivation and morale in personnel by give them support and2
guidance, wherever is required. They present the company in front of stakeholder, where theycommunicate rationality, objective and value of business (Little, Gooty and Williams,2016).Sometime they work as counsellor when their subordinates stuck in any kind of problem. Primeconcerns of leader are to stimulate trust, innovation, confidence and participation of employee. 3
Difference between manager and leaderLeader Manager Leaders focus on influence the personnel.Managers try to control the behavior and actions.Make long term plan.Formulate short term plans.Leader believes in do the Right works Managers make effort to do things rightTheir actions are people oriented Managers design actions for system, process andstructure. Uses proactive approach. (Murphy andMurphy, 2017)Uses reactive approach Leaders possess no formal rights.Managers equipped with some formal right.They initiative the changes Managers help in absorb the change in business.3. Role of Manager and leader different situation Toyota is such a giant organization that it has over 369,124 people working in it and itsoperational is spread in across the globe. It faces much internal and external issue on daily basis.But still company manager to remain among top car manufacture, it can be possible only becauseof it supercilious leadership and management approach (Sindhu, Ahmad and Hashmi, 2017). Bytaking following example of different business situation, one can know the suitable leadershipand management style for different conditions- Operational Inefficiency- Operational inefficiency happens when cost of production become high, increasedwastage, adverse input- output ratio, poor quantity and slow production. In such condition cost ofproduct enhance but profitability lower due to poor product and service quality. Toyota manageris responsible to identify and control the error and loophole, which cause this situation. There somany model and approaches are given by manager researcher, which can be implement bymanager (Noe and et.al., 2017). Operational competencies can be improve by system approachof improvement. Role of manager in project management Identify area of deficiency.4
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Management and Operations Toyota - Doclg...
|22
|6107
|69
Management & Operations in Toyotalg...
|23
|7067
|344
Management & Operations Assignment - Toyotalg...
|16
|4608
|312
Business Management and Operationslg...
|13
|4145
|406
Management & Operations - Toyota Motorslg...
|17
|3659
|146
Roles and Characteristics of Manager and Leader - Toyotalg...
|15
|4498
|210