Preview

Toyota as a Learning Organization

Better Essays
Open Document
Open Document
2234 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Toyota as a Learning Organization
Introduction
History and background Toyota Motor Corporation or Toyota in short, is a Japanese automaker. It is the world's second largest automaker behind General Motors. However it ranks first in net worth, revenue and profit. It is also the only car manufacturer to appear in the top 10 of the BrandZ ranking. The company was founded in 1937 by Kiichiro Toyoda as a spinoff from his father (Sakichi Toyoda)'s company Toyota Industries to create automobiles.
In 1934, while still a department of Toyota Industries, it created its first product Type A engine and its first passenger car the Toyota AA in 1936. Its headquartered in Toyota, Aichi and Bunkyo Tokyo, Japan. It also provides financial services through its division Toyota Financial Services and also creates robots besides automobiles. The company along with the original Toyota Industries form bulk of the Toyota Group. Toyota owns and operates Toyota, Lexus, Scion, has a majority shareholding in Daihatsu Motors, and has minority shareholdings in Fuji Heavy Industries, Isuzu Motors, and the engine, motor cycle and marine craft manufacturer Yamaha Motors.
The company includes 522 subsidiaries. Toyota plans to produce 9.4 million vehicles in 2007. It plans to sell 10.4 million automobiles in 2008, which would be the first time an automaker has sold more than 10 million vehicles in a year. Toyota Motor Corporation operates in the automotive industry worldwide. It engages in the design and manufacture.

Services
Business Activities
Toyota business activities are in various fields which include:
Automotive:
• Toyota
• Lexus
• Hino
• Daihatsu
• “Toyota Rent a Car” (Car rental and leasing)
• GAZOO.com U-car (search engine for used cars)
• T-UP 9network for sales of used cars)
• “Car Lots” (used car dealers)
Non Automotive
• Housing
• Financial Activities
• GAZOO
• Marine
• Biotechnology & Afforestation

Vision and Philosophy
Toyota had come with their own guiding principles to guide their


References: Web • Toyota (nd): Company profile from http://www2.toyota.co.jp/en/about_toyota/index.html Date retrieved (15.10.10) • Reliable Plant (nd): A look into Toyota’s learning organization from http://www.reliableplant.com/Read/13439/toyota-learning-organization Date retrieved (15.10.10) • Wikipedia ( 19.08.2010) The Toyota Way from http://en.wikipedia.org/wiki/The_Toyota_Way Date Retrieved (15.10.10) • OPPAPERS (nd) Toyota Motor Corporation Organization Strategies from http://www.oppapers.com/essays/Toyota-Motor-Corporation-Organization-Strategies/128561 Date Retrieved (15.10.10) • MAC The manufacturing Advancement Center (nd) Toyota’s success relies on training for the future from http://www.massmac.org/newsline/0806/article01.htm Date Retrieved (15.10.10) • Toyota environmental and social report (2003) Human resource development from http://www.toyota.co.jp/en/environmental_rep/03/jyugyoin03.html Date Retrieved (15.10.10) Books • Jeffrey K. Liker (2004) he Toyota way: 14 management principles from the world 's greatest manufacturer
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Best Essays

    Operations Improvement Plan
    • 1643 Words
    • 7 Pages

    Operations Improvement Plan

    Toyota is one of the leading manufacturers of vehicles in the United States and across the globe. Toyota is ranked #55 in Forbes, World’s Biggest Public Companies, and capturing sales of 202.8 billion and a market cap of 137.8 billion as of March 2011 (Forbes.com, 2011).” Founded in 1937 in Japan, Toyota now employs 320,590 with operations all over the world (Forbes.com, 2011). “Recognizing a growing market in the United States, in 1957 Toyota established its first sales, marketing and distribution subsidiary in the U.S. called Toyota Motor Sales Inc. (Gretto, M., Schotter, A., & Teagarden, M. 2009, p.2).” Over the years Toyota has manufactured and sold vehicles all over the world and is a leader in innovation and technology. However, in recent years Toyota has faced many setbacks that have consumers concerned about their safety and have Toyota looking for a way to get back their credibility.…

    • 1643 Words
    • 7 Pages
    Best Essays
    Read More
  • Better Essays

    Mngt2001 Final Essay - Toyota Business Strategy
    • 1977 Words
    • 8 Pages

    Mngt2001 Final Essay - Toyota Business Strategy

    Toyota Motor Corporation is a multinational company which manufactures automobiles in 27 countries all over the world and Toyota’s vehicles are sold over 170 countries, not only under the Toyota logo, but are also sold as Lexus, Daihatsu and Hino. Toyota’s vision, as found on their website is “To be the most respected and admired company”, while their mission is “To deliver outstanding automotive products, and enrich our community, partners and environment.” Toyota’s core values comprise of putting the customer first, having respect for people, being focused internationally and to focus on continuous improvement and innovation.…

    • 1977 Words
    • 8 Pages
    Better Essays
    Read More
  • Powerful Essays

    Establish and Adjust the Marketing Mix
    • 2311 Words
    • 10 Pages

    Establish and Adjust the Marketing Mix

    Toyota Motor Corporation (TOYOTA) is one of biggest automaker in the world. Main products are a passenger car, truck, bus, RV etc. The company headquartered in Toyota, Aichi, Japan which employed 300,734 people worldwide and was the third largest automobile manufacture in 2011 by production behind General Motors and Volkswagen Group. Toyota is the eighth largest company in the world by revenue (around 200 billion USD) in 2011. The company reported it had manufactured its 200million cars in 2012.…

    • 2311 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Operrations Improvement Plan John Megas U6A1 final
    • 3014 Words
    • 10 Pages

    Operrations Improvement Plan John Megas U6A1 final

    Toyota is one of the largest makers of automobiles with 7.4 million vehicles sold each year on five different continents. It has the unique advantage of being the best Japanese brand sold in the United States and to be number one in Europe (Taylor, 2010).…

    • 3014 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Toyota Recall
    • 1391 Words
    • 6 Pages

    Toyota Recall

    To maintain its impressive rate of growth Toyota will have to conduct effective public relations damage control in an attempt to safeguard its stellar reputation as a manufacturer of highly reliable automobiles. The Toyota Motor Corporation has been around for greater part of last century. It really started to make a strong entry in the North American and European car markets in the mid 1970 's. Their successful product offering combining low prices and high reliability have been huge factors in its successful profitable market-share growth ever since. Toyota Motor Corporation is a Japanese multinational corporation and the world 's second largest automaker making automobiles, trucks, buses and robots and providing financial services. Based in Toyota, Aichi, Japan, the company…

    • 1391 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Toyota's Sudden Unintended Acceleration
    • 1978 Words
    • 8 Pages

    Toyota's Sudden Unintended Acceleration

    Toyota’s company is a product of many years of experience, production and high efficiency. Toyota has been one of the most successful companies all over the world. Toyota’s company success in leading the Japan’s economy to be NO.1 in Asia, beside that Toyota is a major multinational car manufacturer headquartered in Japan. It was built by Kiichiro Toyoda in 1937. Nowadays this factory is the first factory for cars in the world. And what make Toyota’s so special that it manufactured vehicles with high quality and simplicity in use, beside the less costly compared with the other companies, which make the use of Toyota vehicles so extended. Toyota is the second largest producer of vehicles all over the world with a production of 6 million vehicles per year deployed in more than 160 countries, Also achieve an annual income of 108 billion dollars .Toyota produces a full range models of vehicles and employs 246, 700 staff.…

    • 1978 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Strategy Memo for Toyota Prius
    • 4559 Words
    • 19 Pages

    Strategy Memo for Toyota Prius

    The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota.…

    • 4559 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Toyota Paper
    • 1354 Words
    • 6 Pages

    Toyota Paper

    Toyota Motor Corporation was founded in September 1933 as a division of Automatic Weaving Factory car Toyota, by Japanese inventor and industrialist, Sakichi Toyoda. The company 's car division and then separated on August 27, 1937 to create the Toyota Motor Corporation. In 1936 they launched their first passenger car. ("Biography Everything about Biography", 2012)…

    • 1354 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Best Essays

    The Internal and External Environmental Influences and the Increasing Importance of Ecological Factors Evaluation of Toyota Company.
    • 4017 Words
    • 17 Pages

    The Internal and External Environmental Influences and the Increasing Importance of Ecological Factors Evaluation of Toyota Company.

    Toyota was established in Japan in 1937; Kiichiro Toyoda was the founder of full name Toyota Motor Corporation; Toyota has grown to become one of the world’s best know automobile manufacturer. Toyota philosophy, as to be “a good corporate citizen”, is to realize stable, long-term growth through striving car making by harmony with people, society and global environment. (http://www.toyota.co.jp/en/index_company.html - 19th December 2007)…

    • 4017 Words
    • 17 Pages
    Best Essays
    Read More
  • Powerful Essays

    Operation Strategy of Toyota
    • 2034 Words
    • 9 Pages

    Operation Strategy of Toyota

    Toyota is Japan's biggest car company and the second largest in the world after General Motors. It produces an estimated eight million vehicles per year, about a million fewer than the number produced by GM. The company dominates its home market, with about 40% of all new cars registered in 2004 being Toyotas.…

    • 2034 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Toyota Motor Corporation: World's Largest Automobile Maker by Sales
    • 486 Words
    • 2 Pages

    Toyota Motor Corporation: World's Largest Automobile Maker by Sales

    Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Toyota Jidōsha Kabushiki-gaisha?, TYO: 7203), commonly known simply as Toyota, is a multinational corporation headquartered in Japan. At its peak, Toyota employed approximately 320,000 people worldwide. It is the world's largest automobile maker by sales.…

    • 486 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Toyota Motor Corporation
    • 762 Words
    • 4 Pages

    Toyota Motor Corporation

    Toyota Motor Corporation is a leading auto manufacturer in the world. Toyota sells its vehicles in more than 170 countries and regions worldwide. Toyota’s primary markets for its automobiles are Japan, North America, Europe and Asia. It is headquartered in Toyota City, Japan and employs about 299,394 people.…

    • 762 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Toyota Vietnam
    • 1347 Words
    • 6 Pages

    Toyota Vietnam

    Toyota was found by Sakichi Toyoda. It traces the company's development through 1937, when Toyota Motor Co., Ltd was established with the mission is to make maximum long-term profits for its stockholders and be a good corporate citizen. In 1950, a Toyota motor sale Co., Ltd was built because the company faces a financial crisis. After thirty years, Toyota Motor Co., Ltd and Toyota motor sale Co., Ltd are merged into Toyota Motor Corporation, 1982. The director of Toyota Corporation is Mr. Fujio Cho. Today, Toyota is the world's second or third largest automobiles manufacturer in both unit sales and in net sales, and the No.1 seller of retail vehicles in the US. It produces over 5.5 million vehicles per year.…

    • 1347 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Toyota Production System
    • 3318 Words
    • 14 Pages

    Toyota Production System

    The Toyota Motor Corporation was founded in 1937 by Kiichiro Toyoda. It originally started as a subsidiary of his father’s company Toyoda Industries. The first vehicle, the Toyota AA, was produced in 1936 whilst the company was still associated with Toyoda. The brand as we know it became established as an independent company in 1937 and changed their name to Toyota. In the year 2000, Toyota was the world's third largest car company and the largest car company in Japan. As of June 2012, Toyota is the world’s largest automaker with a 9.8 percent share of the automobile global marketplace.…

    • 3318 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Report on Toyota
    • 5530 Words
    • 23 Pages

    Report on Toyota

    Toyota was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino Motors, along with several "non automotive" companies. TMC is part of the Toyota Group, one of the largest conglomerates in the world. In 2010, the Toyota ranked first in units produced globally, with 8.6 million units. (Market share based on OICA 2010 global total of 77,743,862). During that period, Toyota employed 300,734 people worldwide, and was the second largest automobile manufacturer in 2010 by production. Toyota is the ninth largest company in the world by revenue. In July 2012 the company reported that it had manufactured its 200 millionth vehicle.…

    • 5530 Words
    • 23 Pages
    Powerful Essays
    Read More

Related Topics