Script
AMBA 620
Professor Shandler
May 27, 2011 Self-Introduction Hello everyone ! My name is Akio Toyoda, the president of Toyota Motor Corporation. I would like to thank you for taking the time out of your busy schedules to be with us today.
I would like to give you a brief background of my education and profession. I earned a degree in law from Keio University in 1979 and a master's degree in business administration from Babson College in the United States, in 1982. I joined Toyota Motor Corporation (TMC) in 1984. In April 1988, I had an opportunity to serve as an executive vice president and board member at Toyota's production joint venture with General Motors in California, New United Motor Manufacturing, Inc. In the beginning of 2000, I …show more content…
returned to Japan and took on the responsibility as Board Director. While serving for Toyota Motor Corporation, I also took an interest in the creation and supervision of gazzo.com, a website that contains dozens of virtual shops for consumer goods and services also provides information about new and used vehicles. During this time, I also supervised domestic marketing operations for the Americas and production management consulting. Between 2001 and 2008, I also had the opportunity to serve as chief officer and director in Asia and Middle East Operations. In 2009, I took the privilege to become the president of Toyota Motor Corporation. (Pressroom.toyota.com)
Abilities, traits, and experiences
As many of you have known, our company started with wooden Toyoda handloom in 1890 by our founder Mr.
Sakichi Toyoda, who is also my grandfather. I think in many ways, my values, standards and integrity are inherited by my grandfather. I am grateful to be a part of the Toyota Motor Corporation itself and having the opportunity to carry on our company traditions.
Having been exposed to different parts of the world, I have learned many different effective leadership skills. For instances, my seven years living in the United States, with the trainings from graduate school at Babson College and experiences working in California, New United Motor Manufacturing, Inc. (NUMMI) as Executive Vice President and Board member, I have learned and developed many skills including diversity, and flexibility. Many research have done on positive effect of diversity, it is believe that diversity in team is beneficial because it provides for a larger pool of knowledge and perspectives from which a team can draw as it carries out its work. (Colquitt, 2011). I am a firm believer on team efforts that is how we are who we are
today.
I am open to experience, conscientious, and many believe that I have emotional intelligent. I, in fact, have good intuition of people. My cultural values are in my Toyoda’s blood. My standards set high so I always strive for the highest. I believe a great leader also needs to be flexible; flexible to adapt to the economy and its market demands. I know I am 14 years younger than my successor. I believe I can make a unique contribution because I am a young president by Japanese standards. The age difference between myself and associates in my company is smaller (CNNMoney.com)
Definition of Leadership
“If your actions inspire others to dream more, learn more, do more, and become more, you are a leader.” John Quincy Adams
According to Rosenthal’s Pygmalion effect model which is the greater the expectation placed upon people, often children or students and employees, the better they perform. Thus, employees appear to do what they believed they were expected to do, and their supervisors’ expectations became self-fulfilling prophecies (Bezuijen, X. M et al, 2009). As the leader, I want to set high standards that are realistic and achievable for my teams and employees.
Preferred Leadership Style
In our culture, autocratic leadership style is widely use. I have a different approach and believe, I would like to choose the combination of consultative, delegative, facilitative, and sometimes autocratic styles. I am open to others’ ideas and yet I will ultimately make the decision. I want to give my teams the creditability and ownership of the subject matters by delegating it to my team members.
As a leader, I set high standard that are realistic and achievable for my employees. These standards are not only set on our company’s mission and vision but also set in the company integrity, values, principles and performance. All management will learn how to treat their employees in ways that will lead to mutual expectations of superior performance. Studies showed employees who perform well is not how they were paid but how they are treated (Livingston, S.J., 1988)
Greatest Leadership Challenge
In the past two years we have worked through and overcame our crisis of the accelerators pedals recalls. Now, I want to focus on articulating our company vision. I want Toyota to be a company that customers would choose and a company that they would be happy to have chosen. Therefore, I want to focus on our safety technology and quality. We can’t afford another recall. On our corporate vision, I also want focus on the “respect for the planet”. We will continue striving to minimize environmental impact throughout the vehicle life cycle, from the manufacturing of new cars to the scrapping of end-of-life-vehicles. We will do that in developing and refining a state-of-the-art production system that minimizes waste (Toyota-global.com)
Refereences:
Bezuijen, X. M., van den Berg, P. T., van Dam, K., & Thierry, H. (2009). Pygmalion and Employee Learning: The Role of Leader Behaviors. Journal of Management, 35(5), 1248- 1267. Retrieved from EBSCOhost.
Colquitt, J. A., Lepine, J. A. & Wesson, M. J. (2011). Organizational behavior: improving performance and commitment in the workplace (2nd ed.). New York, NY: McGraw-Hill Companies, Inc. http://pressroom.toyota.com/corporate/biographies/ Livingston, S.J. (1988). Pygmalion in management. Harvard Business Review.Retrieved www.e-learningforkids.org/Courses/Coaching_for_Results/res/media/hbr/88509.pdf livingston j. sterling