Management Challenges and Strategic Responses: Honda Case Study Report

This report presents an executive summary of a case study focused on Honda's management issues, particularly within the context of the automotive industry. It examines the challenges Honda faces, including political and social factors like Brexit, and its strategic responses, such as the shift towards electric vehicles. The report explores market dynamics, competitor analysis, and the impact of globalization. It evaluates the relationships between various forces influencing the company's decision-making processes, including government policies, international transactions, supply and demand, and speculation. The analysis highlights the importance of effective decision-making tools and theoretical foundations for corporate responses. Ultimately, the report offers insights into Honda's approach to navigating contemporary management challenges and achieving sustainable competitive advantages in the automotive market.

Contemporary
Management Issue

Executive Summary:
In this following case study is covers about Honda Company management issues which
effectively allows about factors in which organisation faces challenges to establish their new
venture. Some of findings related with political and social factor that related with company
growth in automotive competitors market. In perspective of United kingdom there is implication
arises that creates conflicts to manpowers who currently pursuing jobs, on serious issue it creates
high lay offs from jobs. The concept which Honda is bringing their new mission is to better
fulfilling their advantages by enhance electric vehicles.

Table of Contents
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Questions..........................................................................................................................................1
Q1. With suitable sources of information how the organisation has strategically responded to
drivers in nature of pressure for change...........................................................................................1
1. Illustrate to understand about key dynamic forces that impacting on business and society.. 1
2. Critically evaluate the relationship between such forces in terms of effective decision
making. .....................................................................................................................................4
3. Prepare an evaluation of an organisation a responses to key dynamic forces in
contemporary drivers of change..................................................................................................6
4. Select decision making tools addresses contemporary driver..............................................10
5. Analyse of relevant responses on theoretical foundation in which support identification and
application of effect corporate responses. ...............................................................................11
CONCLUSION .............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Management is term of managing activities through planning, organising, staffing ,
directing and controlling. The application of management principles is allows to creates better
physical, financial and information resource that effective to ensure for accomplishing goals and
objectives. Furthermore information resources allows support to gain positive outcomes. In this
following case study is related with Honda case study, which derives about role of Brexit played
lingers where the era of climate emergency (Griesshammer, Sadjadian and Wille., 2018). The
Honda motors company Ltd is enhance to manufacture automotive, motorcycle and power
equipment headquarter in Minato, Tokyo, Japan. Honda has been the world's largest motorcycle
manufacture since 1959, reaching of production that enhance better role to end where the world
largest manufacture for internal combustion engines measured volume, producing 400 millions
by end of 2019 year.
As per this Case study is elaborates about to gain competitive advantages by resolving all
conflicts in effective manner (Charron and et. al., 2018). This will creates importance for
automotive industry that enables better work arrangement in systematic way.
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MAIN BODY
Questions
Q1. With suitable sources of information how the organisation has
strategically responded to drivers in nature of pressure for change.
1. Illustrate to understand about key dynamic forces that impacting on business and society.
Overview Market Dynamics:
According to this dynamic forces that will creates impact on prices on product and
services along with behaviour of producer as well as customer. As per market, these forces
creates pricing reflection that creates fluctuation within supply and demand on given product and
service. Market dynamic can enhance impact which any industry or government policy. Factor
which involves in market forces not in prices, demand and supply (Lim and et. al., 2019). But
also comprising about human emotions drive decision, influence the market that creates pricing
signals. In case study on Honda where they shut down one of their plant for effective recover
looses prevails from human tragedy. There are some improvement which Honda company need
to fulfilled to resolve their initial conflicts:
 The marketing team and other department of Honda motors need to understand about
how market changes as per situation according. For making policies, supply and
demand market curves where better financial tools for stimulus or cool down an
economy.
 Supply side economics is also refers about “Reaganomics or trickle down economics”.
It is based on theory which is more significant tax cuts for better investors,
corporations and entrepreneurs which provide incentives to supply better economy
which results is other added benefits to the rest of company. Political factor
commence policy , tax deduction are these factor can play an important role in Honda
Motor company at the time of planning to introduce electric cars.
 Demand side economists depicts about predicting that deduction of tax in general
situation which aggregate that demand about to move an economy which turns in
unemployment back towards employment factor (Sawalha, 2020). The additional fund
could not creates increase level of product and service demand. The demand side
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economists argue that increase of government bears all expenses which helps to grow
the economy by enhance additional opportunities.
 Competitors are there for enhancing more challenges to introducing similar concept of
product enhance in market as they also having aim to long term sustainability in
competitive market. For Honda Motors, their competitors are Hyundai, Toyota Motor
Corporation and others are there who seeking for introducing their electric concept
cars. This is important for Honda team to mapped their competitors strategy,
performances that helps to study competitors market.
 Globalisation is one of most important significant structure and process for time
duration where creating new opportunities but also new threats (Shaw and Cooper,
2020). It concern development, intergeneration where helps to resolve all conflicts.
For its creates market development and economy. Some of factor that can formulates
towards definition emphasis into significant perspective, Globalisation of finance
helps to increase international in mergers and acquisition financial institution etc.
 Market Globalisation of market and competition as well as formulated business
strategies where it creates global scale and global search for better production factor
strategic alliances.
 Lifestyles matter which change human standard of living for creates better incomes,
employment rates, alignment consumption models.
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 Globalisation of legal regulation where it reduces that the roles of national and
parliamentary government through as per results to appears in way of integration
societies in global system.
 There are some other factors like political, economic, social, technological,
environment and legal to creates challenges and opportunity for Honda company . In
United Kingdom, political and economic factor influence through policies and Brexit
(Market Weiner and et. al, 2017). These two aspects matters for Honda at the time of
introducing electric base cars for more better consumption to creates effective market
strategies and cuts down the prices of fuels.
Evaluation:
In above market dynamic for Honda case study related which reflect about different
solution that allows more alternative solutions which prevents more competitive advantages.
External sources depicts more challenges and opportunities for Honda motor company like better
technology factor which increase product mobility in automotive market. As Honda motor
majorly deals with automotive cars, trucks and other vehicles mechanism where technology play
as innovative role to provide unique shape which prevails better outcomes (Hafberg, Borinstein
and Alexopoulos., 2019). As per case study, Honda is plan to shut down one of their Swindon
Cars Plant that prevents human tragedy by loosing jobs and political factor in United kingdom
enhance Brexit market. However, this market doesn't allow business to trade in European region
that generates high challenges factor. Other than that competitors of Honda need to mapped the
strategies for attain better competitive advantages, globalisation guides to follows its aspect like
finance for arrange funds, transport emission remains constant in United Kingdom for
greenhouse sources.
2. Critically evaluate the relationship between such forces in terms of effective decision making.
The relationship between such forces in context of Honda Motors where such forces that
enhance effective decision making in terms of business expansion. To create different strategies
as per situation context for prevents better competitive advantages. In following there is
relationship between certain dynamic forces:
Government International Transaction
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As per government perspective they are
holding certain free markets. The fiscal and
monetary policies on that government and
their central bank which propounded effects
on financial marketplace (Whittlesey and et.
al, 2018). By increasing and decreasing of tax
rates on product and services which enables to
get exceeds price to get better competitive
advantages. To context of United kingdom
corporate policies it allows to enhance
business opportunities or challenges. For
Honda motors government influence to close
down electric cars market where Honda is
faces high factor unemployment, climate
emergence to create carbon emission which
helps to attain economic benefits.
This aspects to flow of funds between countries
that effects about strength of country economy
and its currency. International money market is
transfer from United Kingdom where Debit and
Credit within other country. Company to
company transfer their funds to clear out debts
or having intention of investment purposes. The
countries which prediontely exports, where
physical which is continuous money within
their countries. Some of market in money is
reinvested which stimulate market within those
countries to gain high competitive advantages
(Bertazzoni and et. al., 2019). Honda is having
their international dealing in regarding with
their product and services for attempting in
continuous to get exceeds to better stimulus in
their countries.
Speculation and Expectation Supply Demand
Speculation and expectation are more integral
part of financial system towards consumer,
investors and politician all different which hold
the view about where they economy which
presumes to act in today. Expectation of future
decision where it enhance to create better
dependence on current acts which having
shape of current and future trends. Some of
sentiment indicators are commonly which is
used to gauge about how certain feeling creates
effective wellness (Desselle and et. al., 2019).
The supply and demand for products services
with currencies and investments to creates a
push and pulls in dynamic prices. The rate of
prices and rate changes as supply or demand
changes. The process is flows as if any product
is in demand their supply get shrink or slows
this propaganda will increase the prices. In
other situation, supply get to increase beyond
current demand through which prices fall. But
if supply gets relatable stable the prices is get
fluctuates higher and lower as demand and
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In another phase about speculation tends to
commence about trading financial instruments
that insists to incurred high risk and expect
towards better return. The term speculation in
market where pricing that prevents movement
to enhance better securities are highly frequent
and volitional. As Honda is aim to long
sustainability by enhancing electric car. The
transport emission that remains United
Kingdom in which government is failing
towards adequate prepare to enhance shift their
general cars to electric cars. Some of other
factor are commence like climatic change to
creates for jobs dependent on fossil fuels are
presumes to conducts better governments.
increase or decreases. Similarity, in situation
of Honda Motors, their supply demand get
decrease because customer are showing less
interest or there is increasing of high
competition. Honda plans to introduce electric
cars and supply of emission fuel to reduce
carbon which increase economic benefits
(Pervan and Dropulić., 2019). As the
technology factor is enhance more opportunity
and United Kingdom is one better place to
introduce electric cars.
Evaluation
In above critical evaluate about one of forces which can creates more opportunities for
enhancement of electric cars b Honda Motors. By critically evaluate about forces in terms of
effective strategic decision as one of dynamic forces which can be negative factor like
Government, their regulation where polices for not applicable electric cars. To use better and
effective Supply and Demand of carbon emission to reduce and allows electrical appliances for
more competitive advantages (Mannucci and Iacobelli., 2017). By select Speculation and
Expectation to elaborates about investors that allows to generates more competition and helps to
sustain for long in competitive market. These two main factor can impact on Honda Motors as
growth in competitive marketplace. Thus, these type of management and operation activities
helps to organisation set up effective arrange to regulates business aspects for attain positive
outcomes. Training and Development, performance management and other managerial practises
to generates productivity through employees, where they contributes effectively. Each
department of Honda company plays an important role where different roles and responsibilities
to attain competitive advantages (Singh and Irugu, 2020). For example: Manufacturing, Human
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resource, finance and Operation departments handle main work on which company is rely on
decision making, funds and effective management activities to sustain in competitive market.
Purposes of effective decision making for Honda company to creates better opportunities and
eliminates overall threats to gain high competitive advantages.
3. Prepare an evaluation of an organisation a responses to key dynamic forces in contemporary
drivers of change.
The ability towards negative about never ending cycle to ending that to success for
specific organisation. Changes it creates affects about to everybody and industry. Some of
changes applies for enhancing good understanding where two primary forces that depicts internal
and external forces as well. To explain in following which undertakes to attain high challenging
Honda Motors context such as:
 External Forces: This is refers to very challenging where changes which is usually that
not utilised. The resources that creates to enhance better shape to depicts technology,
customer preference, regulation competitors moves or supplier that sourcing instability.
Disruption are measure on constant basis to enhancing better results generates
challenging to innovate to adopt. The external changes to arise as natural implication
like tsunami, drought or flood (AlMalki and et. al, 2020). On other aspect manpower
uses the advanced resources for enhancing their work responsibilities in effective
manner. As Honda Motors can attain to explore equipments, investment generates,
government policies etc. All these factors creates opportunities and challenges to attain
high positive outcomes which creates to better work regulation in systematic policies.
On workforce perspective, company mainly hires skilled manpower to enhance better
leverage and capitalise these dynamic forces.
 Internal forces: According to these forces to enhancing effective control to these
changes that systematic handle overall activities in effective manner. Some of changes
is pushes to enhance better comfort to approach work efficiently. The people are tend to
crave for accomplishing resist things which disrupts that families which seems to
creates better work regulation (Hussein., 2018). Organisation need to re structured
where new superior are hired and they get to introduced within new policy that pursue
in effective manner. In perspective of Honda Motors, the internal changes allows
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human resources activities in terms of policies, market segmentation fluctuates that
scrutinise in compliance oriented manner.
Managing the Driving forces to changes:
 Reactive Approach: As per this approach it depicts to analyse by having perspective of
human perception that enhance to development. The changes that to reactive people to
uncomfortable and they have hard time to analyse for enough possibilities that benefits to
arises in effective manner. The reaction of people which is react on approaching that
better focused on current method and respond that slowly for moderate preparation that
helps to attain better risky to accompany change. It usually do even less to help where it
convert change for attain potential advantages. In context of Honda motors, Reactive
approach which is essential to brining up new product development that arises more
challenges for effective establish in competitive market place.
 Proactive Approach: It focuses on anticipating and preparing for excellence way of
changes arises to better seek about minimize threats and risk where they arise in
effectively. This approaches is attain by management of Honda motors where they seek
for optimum focuses to effectively changes that highly influence (Gravari-Barbas and
Guinand eds., 2017). This is calculated to predict and control where all changes which
comes across that pretend towards agents for accomplishing positive outcomes. As many
competitors for Honda Motors in automotive competitive market in which marketing and
management team scrutinize important information that attained sufficient competitive
advantages. The resources for management where they provide to each department on
which work is rely to fulfilment overall task in better way. It is most important that
embrace towards driving forces through changes that is all good about to plan research
and having effective develop strategy.
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There are six driving forces which elaborates for Honda Motors to mapping changes
development.
It is essentials to provide strategies guidance which helps to innovate process where these
essential forces that occurs to most addressing issues about company perspective. As various
companies is enhance to create better start up towards innovation to seeking for accomplish in
effective manner. In following there certain driving forces for Honda Motors context:
 Commoditization: It is forces about mindset to allowed three critical which effective
performance dimensions, cost of good sold, cost of distribution and pricing. This is
majorly determines to enhance pricing downward. It accompanying outsourcing for
manufacturing about Asia to retail grocery business (Samanta and Lamprakis., 2018).
Some how due to high competition increases in automotive market where Honda motors
have to decrease their prices in various situation. Such as, demand of other competitor's
product, substitute vision product creates major role, new concept of project introduce in
which at initial stage company wants to allows their pricing in lower.
 The Digital Revolution: The digital revolution where computer is majorly hit to market
by having presence of different type of advanced technologies allows in market. As of
now, current situation is many automotive company allows their team to assort digital
technology to perform in flexible and accurate way. Many companies generally use
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Illustration 1: Dynamic Forces for organisation, 2020
Source: https://courses.lumenlearning.com/wm-
organizationalbehavior/chapter/forces-of-change/