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Managing, Leading and Stewardship: A Case Study of Toyota's Organizational Practices

   

Added on  2023-06-08

9 Pages2358 Words209 Views
Running Head: MANAGING LEADING AND STEWARDSHIP 0
Managing, Leading and Stewardship
9/11/2018
Managing, Leading and Stewardship: A Case Study of Toyota's Organizational Practices_1
MANAGING LEADING AND STEWARDSHIP 1
Contents
Introduction...........................................................................................................................................2
Company Overview...............................................................................................................................2
Nature of organisations and Issues........................................................................................................2
Toyota case through the lens of Ethics and Moral dimensions, and Stakeholder organisational theories
...............................................................................................................................................................3
Theories reveal insights into Organisation practices..............................................................................4
Difference in perspectives.....................................................................................................................4
Critique of limitation of Stakeholder theory..........................................................................................4
Recommendations.................................................................................................................................5
Conclusion.............................................................................................................................................5
References.............................................................................................................................................7
Managing, Leading and Stewardship: A Case Study of Toyota's Organizational Practices_2
MANAGING LEADING AND STEWARDSHIP 2
Introduction
The report brings about the discussion on the topic, “Managing, leading and stewardship,
which discusses about the organisational practices. Every organisation in terms of the
environmental conditions faces some of the challenges or issues, which hampers the
performance of the organisation. There are a number of organisational theories that highlight
on the questionable management practices. The management practices of every organisation
are perceived differently by different managers, leaders, in context of the business
environment. For drawing an insight into management practices and concepts, a case study
has been taken for analysis to draw outcomes, from different perspectives. The analysis has
undertaken on the case of the ‘Toyota’ and the company’s practices and issues, in respect of
any management/organisational theory. In addition to the organisational theories, the report
in the later part also focuses upon the criticism of the theory and suggestions towards better
management practices (Bryson, 2018).
Company Overview
Toyota Motor Corporation, known as Toyota, is a Japan based multinational automotive,
manufacturer located in Toyota, Aichi, Japan. Founded on 28th august, 1937 it is a public
company, dealing in automobiles, luxury vehicles, commercial vehicles, and engines. The
founders and the other key persons of Toyota are Kiichiro Toyoda, and Takeshi Uchiyamada
(Chairman), Akio Toyoda (President). The company has international existence in more than
170 countries across the globe. The company manufactures a number of automobile, which
includes cars, minivans, and pickups. The models under the company are corolla, Camry,
4Runner, Land cruiser, luxury Lexus lines, and the other fully sized trucks. The company is
considered as the fifth largest in the world in terms of revenue (Weingarten et al., 2015).
Nature of organisations and Issues
Toyota engages in the design, manufacturing, and the sale of cars, minivans, and other sport
related vehicles. The company also provides finance to the dealers and their customers to
purchase or lease vehicles. Therefore, it sums up three business segments of the company
including automotive, financial services and others. Toyota Motor Corporation highlighted
some of the issues in their management and organisational practices through following cases.
These were the case study on Total Quality Management and Lean manufacturing through
Managing, Leading and Stewardship: A Case Study of Toyota's Organizational Practices_3

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