Country : Sri Lanka
Module name and Module code : 6FBS1059 - Contemporary Issues In Business (Sri Lanka On Line) (February - May 2012/13)
Group name : Born Leaders
Student names and student numbers:
- Mafaz Mohideen [12236368]
- Piumi De Alwis [12236369]
- Rixon Soris [12237405]
- Lasitha De Silva [13038814]
- Vidusha Silva [12236367]
Topic :
For a company of your choice and looking at the next 5 to 10 years, discuss. Which do you think will become more important, the management of human element of the organisation or the management of technology? Which management perspective might best suit your chosen company? Justify why
Company : Toyota Motor Corporation
Accurate Word Count : 1976 words
Which do you think will become more important, the management of human element of the orgnisation or the management of technology?
This report gives out a brief outlook on the Management of Human and Technological elements of Toyota, while justifying the most important element when considering the next five to ten years.
Introduction
Toyota Motor Corporation abbreviated as TMC, is a Japanese multinational organization headquartered in Toyota, Aichi, Japan. TMC was first established in 1937 as a separated company from Toyoda Automobile Loom works. Toyota has employed 300,734 consolidated employees and 69,148 non-consolidated employees worldwide, as of 31/03/2012.( Toyota-global ,2013a) .TMC reclaimed the lead in global car sales over General Motors Co and Volkswagen Group in the first half of 2012 accounting for sales worth ¥ 18583.6 million
(Rall.P, 2013). Today, Toyota has 7 factories in the United States, 15 in Japan and in 13 more countries around the world. Toyota is well known for its small cars and SUVs, but it is an industry leader in manufacturing