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Operations Management Assignment - Toyota

   

Added on  2020-12-30

15 Pages4367 Words211 Views
MANAGEMENT andOPERATION
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Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1TASK 1............................................................................................................................................11 Introduction and management structure of organization.........................................................12 Definition, roles and Characteristics of managers and leaders................................................23 Role of management and leadership in various situations using different theories.................34 Strength and weaknesses of different approaches of leadership and management withconclusion on basis of theories of leadership..............................................................................45 Conclusion and Recommendation for future improvements...................................................5TASK 2............................................................................................................................................61 Introduction to key operations to the organisation within the organisation.............................62 Key operational functions and roles and responsibilities of managers in it.............................63 Impact of key approaches of operational management within the firm and their value for thefirm..............................................................................................................................................74 External environmental factors that are been carried out and will help in decision making ofthe managers and leaders............................................................................................................95 How operational efficiencies can be improved successfully meet business objectives usingmanagement and leadership approaches...................................................................................106 Conclusion and recommendations for future improvement...................................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
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INTRODUCTIONActivities that are been carried out within an organization are considered as the operationswithin an organization. Management of operations is the most prior and effective function of abusiness and is required to be managed with effective planning of the operations and thus willlead the proper assessment of the functional needs and objectives that are required to be meet onthe basis of the scale of operations carried out by the organization. The current assessment iscarried out in reference to Japanese automobile manufacturing firm, Toyota.The report will cover details about the business enterprise with its organizational structuring.Also, information about operations that are been carried out managers and leaders is beenpresented with their application to different situation. The impact of managers and leaders on theoperations and effective recommendation are presented. Other than this, the roles andresponsibilities of managers and approaches to operations manager is been presented withreference to appropriate leadership and management approaches and suggestive improvementmeasures are presented.MAIN BODYTASK 11 Introduction and management structure of organizationFounded in 1937, Toyota is a Japanese automobile manufacturing enterprise havingheadquarter in Aichi City, Japan. On the basis of unit of production, it is world’s second largestautomobile manufacturing company while, it is on sixth position on basis of revenue generation.It is one of the leading companies to manufacture and sell hybrid vehicles and is known for itsmass production of automobiles on a larger scale.It has Division based organization structure that helps in setting up a better hierarchy andmeeting operational objectives of the firm. It helps in following an effective hierarchy and thus,leads to effective monitoring and communication helping the organization to improve theirquality of products (cars) and its manufacturing processes (Fagel, 2016).1
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Figure 1:Division organization structure of Toyota(Source:Divisional Performance, 2019)2 Definition, roles and Characteristics of managers and leadersManagers and leaders, both plays a very important role in carrying out the businessoperations and assists in carrying the business operations in most effective way. A manager can be termed as an authorized person within an enterprise whose role is tolook after and manage all the operations carried out by a firm like Toyota (Sterman and et.al.,2015). They will analyze, plan and communicate the strategies and policies which are beendeveloped in order to improve the performance.Leaders, on the other hand, are guiding bodies that will act as interlink betweenmanagement and employee’s and communicate the strategies or polices that are been developedby the management of the organization. Both leaders and managers have significant role in the handling of the operations andthus will lead the organisation to see through the proper planning of the management measuresthat are been carried out at the selected manufacturing enterprise. 2
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