Managing Strategic Projects: A Case Study on Toyota

Managing Strategic
Projects

Contents
INTRODUCTION...............................................................................................................................3
MAIN BODY.......................................................................................................................................3
How the case study project has shaped your understanding of the specific topic and your skills at
managing strategic projects?..............................................................................................................3
Why or how did you select the research area?...................................................................................3
Why and how did you select the case?..............................................................................................4
Previous understanding of project management. Has it changed as result of doing the project?.......4
How has the project increased your understanding of strategic projects?..........................................4
Were there any particular aspects of the project of the course that will help you in your future
career?...............................................................................................................................................5
What is your strategy for developing your project management knowledge?....................................6
Discuss any false beliefs or confusion you had about the subject before engaging in the task. If you
had doubts that the project was going to be worthwhile, explain those feelings. End with a
statement on whether the participation in the project was helpful and why.......................................6
CONCLUSION....................................................................................................................................7
REFRENCES.......................................................................................................................................8

INTRODUCTION
Strategic management is defined as the procedure of aligning the objectives of
projects with effective management. This assist in providing guidance about how proper
management of projects could towards its successful completion. This also helps in
understanding what strategies managers must make while planning a project and how they
could execute in order to gain better outcomes (von Danwitz, 2018). The following report
discuss about how the case study about Toyota have shaped the understanding of an
individual and what skills they have developed while completing this project. The report also
discusses about why the person has selected this research area and case study. Furthermore, it
has also been explained in this report how the knowledge about strategic management has
improved in a person after completion of this project. Lastly, the report contains what
strategies an individual will implement in their project management.
MAIN BODY
How the case study project has shaped your understanding of the specific topic and your
skills at managing strategic projects?
From the case study I have gained knowledge about strategic management which is
defined as a procedure which links both management of project with strategical objectives. I
have learned that in these types of projects meeting an organisational goal in certain time
period within the provided budget are key consideration. I have also gained information about
various skills required during this project which includes leadership, teamwork, interpersonal
relationships and multi skills training (Galli, 2019). I have also learned about lean
manufacturing training system which is described as the procedure of reducing waste in the
production system while enhancing profitability. I also understand that the Toyota’s
principles are classified into four categories which are People, Process, Problem solving and
Philosophy.
Why or how did you select the research area?
I selected this research area because I wanted to improve my knowledge about
strategic management of projects. I choose this are by researching about it in depth. I wanted
to gain information about how strategic management assist companies in providing them
clear direction and objective for their employees. I wanted to know how strategic
management aid organisations in identifying opportunities and examining their strengths
along with weaknesses. This management style also helps firms in preparing for future by