The Toyota Production System Introduction Today‚ automobile manufacturing is still the world ’s largest manufacturing activity. Forty years ago‚ Peter Drucker dubbed it "the industries of industries." After First World War‚ Henry Ford and General Motors ’ Alfred Sloan moved world manufacture from centuries of craft production (led by European firms into the age of mass production.) His production innovation was the moving assembling line‚ which brought together many mass-produced parts to create
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Introduction The world is a dynamic marketplace and the constant drive for survival and excellence has put companies on toes to modify their strategies for the next round of competition. During early 1990’s‚ Toyota Manufacturing Company’s (TMCs) faced with severe challenges such as non-innovative products‚ less aggression in production shift to accommodate overseas markets and distrust from the Japanese dealers; consequently‚ these challenges led to TMC’s lower bottom-line. To rejuvenate the Toyota’s
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Powell‚ T.‚ (1984) Industrial Salesforce Motivation: A Critique and Test of Maslow’s Hierarchy of Need. Journal of Personal Selling & Saes Management‚ May‚ pp.33-39 Prather‚ C. (2009). The Manager ’s Guide to Fostering Innovation and Creativity in Teams. McGraw Hill Professional. Renko‚ M.‚ Kroeck‚ K.G.‚ Bullough‚ A.‚ (2012) Expectancy theory and nascent entrepreneurship. Small Business Economy‚ 39‚ pp.667-684 Teck-Hong‚ T.‚ Waheed‚ A.‚ (2011) Herzberg’s Motivation-Hygiene Theory and Job Satisfaction
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Corporate Life (Perseus Books Group‚ 2000); Edgar H. Schein‚ The Corporate Culture Survival Guide (Jossey-Bass‚ 1999); and Kim S. Cameron and Robert E. Quinn‚ Diagnosing and Changing Organizational Culture (Jossey-Bass‚ 2005). Find one example of a company that represents each of the current issues in organizational culture. Describe UNDERSTANDING MANAGEMENT’S CONTEXT what the company is doing that reflects its commitment to this culture. In your own words‚ write down three things you learned in
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Motivation is the process of stimulating people to act in ways which serve the needs of the organization providing the stimulus. Simply put‚ motivation is discovering and applying whatever is needed to get the employee to carry out designated activities in specified ways. However‚ a clear distinction is made between attitude‚ which is a state of mind‚ and behavior‚ which is a state of action. A milestone in the relationship between the behavioral scientist and the manager was the "Hawthorne Experiments"
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MOTIVATION Concept of Motivation: Motivation is a psychological concept which acts as a force that propels a person to act or not to act in a certain way. Robert D. Irwin defines motivation as “Motivation means a process of stimulating people to action to accomplish a desired goal”. A manager needs to coordinate several factors of production and these factors can be classified into non human and human factors. The efficiency of non human factors such as material‚ machine‚ etc depends on the technology
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TOYOTA Brief Company Overview Toyota Motor Corporation is a Japanese multinational corporation‚ and is considered the world’s largest automaker of automobiles‚ trucks‚ buses‚ robots‚ and providing financial services. The company adopts a philosophy in terms of its production system‚ which is named The Toyota Way. Its philosophy in production involves a list of fourteen principles that are implemented in the company‚ and serve as guides to the operation of the company Resources Tangible resources
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What is motivation? Motivation is generally defined as the force that compels us to action. It drives us to work hard and pushes us to succeed. Motivation influences our behavior and our ability to accomplish goals. There are many different forms of motivation. Each one influences behavior in its own unique way. No single type of motivation works for everyone. People’s personalities vary and so accordingly does the type of motivation‚ that is most effective at inspiring their conduct. Types
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Toyota automotive industry Toyota is an expert leader and globally known name in the automobile making industry. The company has been successfully manufacturing and selling strong automobiles worldwide. “It employees 320‚590 people worldwide‚ and it is mainly into motor production and sales business. It is a 397.05 Billion Yen Company head quartered in Japan.” (Toyota Company Profile Overview‚ 2012). Why Toyota can Drive Success at the World’s Best Manufacturer? Toyota enjoys a leadership position
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in the industry for their quality and reliability‚ Toyota would silently recall almost nine million Toyota and Lexus models due to the sudden acceleration problems. Because of the lingering reaction in dealing with these problems‚ Toyota’s leadership had been highly ridiculed‚ so now they had a big job in identifying the solution that would make sure of the safety of their vehicles and reinstate consumer confidence‚ as well as protecting the Toyota brand and salvaging the dropping share prices.
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