Business Project Report: TOYOTA's Strategies for Employee Development

This report analyzes TOYOTA's employee management practices, focusing on recruitment, training, and selection. It begins with an introduction, aims, and objectives, followed by research questions and methodologies, including qualitative research with thematic analysis. The report explores the latest trends in recruitment, training, and selection at a global level, examining TOYOTA's strategies and the challenges faced. The findings are presented through thematic analysis, interpreting the company's initiatives, trends, and global employee interest. The conclusion summarizes the impact of globalization on employee development, and recommendations are provided to enhance recruitment and training to meet international standards. The report references key sources and provides insights into TOYOTA's approach to employee development and its implications for business success.

MANAGING SUCCESSFUL
BUSINESS PROJECT
10/07/1
9

Table of Contents
 Introduction
 Aims and objectives
 Research questions
 Research methodologies
 Thematic analysis
 Conclusion
 Recommendation
 References

INTRODUCTION
 Managing a success in the business is to be committed by people and effective
planning and also conduct all the activities which helps business to gain more
profits.
 As company stability depends upon the project and it occurs the successful project,
company can earn more profits and also raise their goodwill and reputation in the
market from such projects.
 Present report is based on TOYOTA company which was founded by Kiichiro
Toyoda in 1937. This company mainly deal in luxury cars, auto mobiles and engines
and they expanded their business into large scale.

Aim and Objectives
Aim:
 To outline the factors which is used by company to improve the recruitment, training and selection of employees
to meet the international requirement - A study of TOYOTA company
Objectives:
 To identify the latest trends adapted in process of recruitment, training and selection of employees at global level.
 To examine the strategies used by TOYOTA company to improve the condition of employees in recruitment,
training and selection procedure.
 To assess the challenges which is faced by company at the time of using such techniques to improve employees
condition at international level.
 To provides recommendation to the company to enhance the employees techniques to meet the international level
through recruitment, training and selection procedure.

RESEARCH QUESTION
 How the latest trends adapted in process of recruitment, training and selection of
employees at global level?
 What are the strategies used by TOYOTA company to improve the condition of
employees in recruitment, training and selection procedure?
 What are the challenges which is faced by company at the time of using such
techniques to improve employees condition at international level?

RESEARCH METHODOLOGIES

Research types- Qualitative
Research philosophy- Interpretivism
Research approach- Inductive
Data collection- Primary method
Sampling- Non-probabilistic with thematic analysis

Theme 1 Company taking initiative to improve the recruitment,
training and selection of employees
Interpretation: From the above study it is to be
interpreted that 15 out of 25 respondents are
strongly agreed with the situation regarding the
company strategies which they use to initiate the
recruitment procedure in better perspective. As
companies mainly motivate their employees to
learn new things which helps them to face major
consequences which occurs at the time of
recruitment (Cope, 2015). As they had to discuss
various skill and also had to improve their
communication skill so that they can frequently
discuss their issues with the managers of the
company. Strongly agreed
Agreed
Neutral
Strongly disagree
Disagree
0
2
4
6
8
10
12
14
16 15
4
3
2
1
Column B

Theme 2: Latest trends adapted by company to improve their recruitment
procedure to enhance employees conditions
Interpretation: From the above graph it is
clearly shown that 18 out of 25 respondents are
agreed with the latest trends used by company to
improve their recruitment procedure in company
by changing the strategies which they used in
selection procedure of employees in the company.
Mainly companies judge the employees by their
degree and certificate but to improve their
condition they are to be judged by their skills and
learning and also the techniques which thus used
to accomplish the task within the time allotted.
• Click to add text
18
2
3
2
Changing Selection
procedure
Job description
Task Assignment
Communication
enhancement

Theme 3: Company enhances the interest of employees globally to
achieve success
Interpretation: From the above graph it is to be
interpreted that globalisation is process which
bring business and employees both to expand their
earning and livelihood by engaged into large scale
business. 17 out of 25 respondents are agreed with
the situation which the company uses in context of
employees to enhances their interest in global
market (Gabriel, 2015).
As it is the duty of the company to trained their
employees in right direction so that they can
achieve success in the business an also the
business stability is strong by this recruitment
procedure. As if employees condition are improved
it results in bringing more business to them and
also enhances their reputation at large scale.
17
3
5
Yes
Neutral
No

CONCLUSION
From the above report it can be concluded that Globalization is basically a process of integration and interaction
among so many peoples, governments, companies. It is growing day by day sue to so many advance technologies
and effective communication. Day to day increasing the interaction globally that comes to the growth of
international market, trade, culture and ideas.
This report has covered the activities as frame aims and objectives on the basis of given topic, the research methods
has been explained and particular methods has been selected to carry out research studies effectively. conclude the
multinational companies improving the recruitment, training and selection process for meeting the international
requirements. It will conclude there are so many current trends that has been adopted by the organization.

RECOMMENDATION
On the basis of above report the recommendation has been defined in below contexted manner as are-
• International expansion of goods and services aids to boost the long run average growth rate of the
economy with help of improvement in allocative efficiency of resources and to take initiatives to
enhance labour productivity.
• Globalisation aids to enhance awareness among the consumers from climate change and income
inequality.
• Thus, operating business activities at the global aids to allows developing countries to access towards
international investment funds.
• Globalisation expansion helps to create greater opportunities for firms in less industrialised area to take
entry into large export market.
• Thus, globalisation allows more and more companies to setting up business in other countries.
Henceforth, it also helps to get better jobs without move to other countries for search of jobs.
• TOYATA should adopt the international expansion as this aids to enhance technological advancement
so that enterprise can able to gain competitive advancement and this leads to enhance profitability and
productivity.

REFERENCES
 Andrew, C.O., 2019. Applied agricultural Research: Foundations and
methodology. Routledge.
 Brown, S. and Rhoades, G., 2019. Q methodology. Using Innovative
Methods Early Years Research: Beyond the Conventional. p.202.
 Cope, D.G., 2015, November. Case study research methodology in nursing
research. In Oncology nursing forum. Oncology Nursing Society.
 Gabriel, Y., 2015. Reflexivity and beyond–a plea for imagination in
qualitative research methodology. Qualitative Research in Organizations
and Management: An International Journal. 10(4). pp.332-336.