Management of a World Class Company Toyota
Content
I. Introduction of Toyota Motor Company
II. Management of Toyota Motor Company
1.Coprporate Governance of Toyota Motor Company
2. The Toyota Way
3. Toyota managerial problems
III. Conclusion
Management of World Class Company – Toyota Motor Company
I. Introduction of Toyota Motor Company
Toyota Motor Company or TMC is a Japanese automobile manufacturer and it is stationed in the city of Toyota in the Aichi prefecture. The relationship between the city and the company gave the name of the city which was previously known as Koromo. Toyota is the largest automobile manufacturer in Japan[1] and it is also the largest worldwide as of the first half of 2012[2] by volume of sold cars ahead of General Motors and Volkswagen AG.
The company was created in 1937 by Kiichiro Toyoda as a spinoff to Toyota Industries to create automobiles. As of 2012, Toyota own several different brands as Lexus - luxury cars, Scion – brand only for North America, aimed towards the Generation Y and 51% in Daihatsu – the oldest car manufacturer in Japan. Akio Toyoda is the current CEO of Toyota, he is grandson of the creator Kiichiro Toyoda[3].
Toyota have produced more than 200 million cars all over the world with their biggest market in North America – 32%, followed by their home country Japan – 25%, Europe – 14% and Asia – 11%[4].
Toyota is publicly traded company of three of the major Stock Exchanges: New York Stock Exchange(NYSE), London Stock Exchange(LSE) and Tokyo Stock Exchange (TSE).
In the end of 2009 and the beginning of 2010, Toyota recalled 9 million cars on various technical faults[5]. 5.3 million of them was over a faulty “all-weather” floor mat, additional 2.3 mil. For a faulty accelerator pedal and 1.7 for both problems. On 14th of November 2012, Toyota announced that it will recall additional 2.7 mil. cars over problems with the steering wheel and water pump system. This comes four weeks( 10th
I. Introduction of Toyota Motor Company
II. Management of Toyota Motor Company
1.Coprporate Governance of Toyota Motor Company
2. The Toyota Way
3. Toyota managerial problems
III. Conclusion
Management of World Class Company – Toyota Motor Company
I. Introduction of Toyota Motor Company
Toyota Motor Company or TMC is a Japanese automobile manufacturer and it is stationed in the city of Toyota in the Aichi prefecture. The relationship between the city and the company gave the name of the city which was previously known as Koromo. Toyota is the largest automobile manufacturer in Japan[1] and it is also the largest worldwide as of the first half of 2012[2] by volume of sold cars ahead of General Motors and Volkswagen AG.
The company was created in 1937 by Kiichiro Toyoda as a spinoff to Toyota Industries to create automobiles. As of 2012, Toyota own several different brands as Lexus - luxury cars, Scion – brand only for North America, aimed towards the Generation Y and 51% in Daihatsu – the oldest car manufacturer in Japan. Akio Toyoda is the current CEO of Toyota, he is grandson of the creator Kiichiro Toyoda[3].
Toyota have produced more than 200 million cars all over the world with their biggest market in North America – 32%, followed by their home country Japan – 25%, Europe – 14% and Asia – 11%[4].
Toyota is publicly traded company of three of the major Stock Exchanges: New York Stock Exchange(NYSE), London Stock Exchange(LSE) and Tokyo Stock Exchange (TSE).
In the end of 2009 and the beginning of 2010, Toyota recalled 9 million cars on various technical faults[5]. 5.3 million of them was over a faulty “all-weather” floor mat, additional 2.3 mil. For a faulty accelerator pedal and 1.7 for both problems. On 14th of November 2012, Toyota announced that it will recall additional 2.7 mil. cars over problems with the steering wheel and water pump system. This comes four weeks( 10th