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Management Operations of Toyota Motor Corporation

   

Added on  2020-10-05

15 Pages3949 Words75 Views
MANAGEMENT &OPERATIONS

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1Task 1...............................................................................................................................................11. Introduction of Toyota........................................................................................................12. Differences between management and leadership.............................................................23. Roles of management and leadership in application to organisational situation................34. Strength and weakness of leadership and management.....................................................45. Conclusion that manager and leaders have made an impact on the organisation..............6TASK 2............................................................................................................................................61. Key Operations of Toyota..................................................................................................62. Roles and Responsibilities of Managers in key operational functional area......................73. Approaches of operation management and its value..........................................................74. Impact of external business environment factor that affect decision making of Toyota..105. Management and leadership approaches to improve operational efficiency....................116. Conclusions and Recommendations.................................................................................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................13

INTRODUCTIONOperation management is the key area of management which is connected withdeveloping and monitoring the procedure of production and redesigning operations of business inthe development of goods and services. Main purpose of operations and management ismaximized productivity with efficiency. Toyota Motor Corporation is Japanese multinationalautomotive company which founded by Kiichiro Toyoda in 1937. It produces vehicles under 5brands including Toyota, Hino, Lexus, Ranz and Dahihatsu. Report will highlight themanagement structure of Toyota. It will also present the difference between role of leaders andmanagers. In these key operational approaches will be discussed that how they affect decisionmaking of organization.Task 11. Introduction of ToyotaIt is a multinational automotive manufacturer headquartered in Japan. It is founded byKiichrio Toyoda in 1937 by the mode of spin off from his father's company named Toyotaindustries. Toyota is the world's second largest automotive manufacture. Its corporate structureconsists of 364,445 employees. it is the largest listed company in Japan by market capitalization.All over the world, Toyota is the market leader in sales of Hybrid electric vehicles. Toyota hasgreat success all over the world because of its great reputation for offering the best quality andcustomer care (Mavin, 2016).Toyota's management structure:1Illustration 1: Management Structure

Source: (Divisional Organizational Structure, 2017)Toyota has a Divisional management of organisational structure, having strongcentralizes global hierarchy. Headquarters of the company in Japan make all the major decisions.All the different and individual units do not communicate to each other as they are completelycentralized and all the communication has to go to the headquarters. However, this centralizedform of structure involves different issues and at the same time it is slow in process. Due tovarious issues reorganisation is been done and it implemented in 2013 and the neworganisational structure is made to make their business more efficient and effective. The newstructure has following characteristics. 2. Differences between management and leadershipDefinition of Managers - Manager is a person who is responsible for controlling or formanaging the administration of an organisation or group of staff.Definition of Leaders - Leader is the one who is responsible for the leading orcommanding the group, organisation or country.Difference between Management and Leadership BasisManagersLeadershipSetting directions Managers perform the rolesand responsibilities whichincludes planning, organizingand staffing functions. They represent Toyota corp.And transmits informationabout the company's goals tothe outer world.Leaders have a role to provideguidance and direction to theteam members. They help the managers ofToyota corporation inrepresenting the enterprise atdifferent seminars.Characteristics -:Managers of Toyota corp. areProcess Oriented. They areAlways protecting themselves.These people are Dependenton the superiors or others fortaking decisions.Leaders of Toyota corp. are-Vision Oriented. They areAlways up in protecting thestaff. They help Firm in activedecision-making.Communication Managers has2

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