...modifications that bring its operating behaviors in line with its vision and goals, its success in the marketplace is in question. These effects are compounded by its recent acquisition by EDS, a highly bureaucratic organization which will impose some of its own vision, structure, and values upon the company. After thorough examination of Appex’s current organizational structure, its previous structural transitions, its core competencies, the evolution of the industry it serves, and the institutional context into which it is being placed, it is my recommendation that Appex undergo a substantive restructuring. For a company of Appex’s size in this rapidly-evolving, technologically-oriented market a matrix structure is best suited for enabling innovation, performance, and growth. The matrix facilitates communication and information sharing which lead to improved multi-functional coordination. This coordination fosters improvements in existing and new products and services, provides an increased level of efficiency through the reduction of duplication of efforts, and enables a level of...
Words: 565 - Pages: 3
...Head to Head Comparison of the Honda Civic and Toyota Corolla Patrick Nolasco June 25, 2014 Audience: College Graduates Table of Contents Executive Summary 1 Introduction 2 Purpose, Scope and Methodology 2 Efficiency 3 Safety 4 Overall Cost 5 Conclusion 7 Recommendation 7 Works Cited 8 The 2014 Honda Civic The 2014 Toyota Corolla Executive Summary The following report compares and contrasts the 2014 versions of the Honda Civic and Toyota in various criteria with the focus in mind to be for college graduates. That means, it values efficiency and affordability over luxury and features. Out of college, graduates are usually dirt poor because of the vast amount of student loans. Some also even struggle to find jobs, but its important to be able to have self-transportation whenever possible. So, because of the financial status college graduates are in, its important to note that this report was based on lower costing cars like the Civic and Corolla, while also maintaining a standard of safety and professionalism. By aggregating information from various automobile evaluation outlets and also information directly from the manufacturers’ websites, I was able to observe accurate depictions of what each car has to offer. In the report I reviewed gas efficiency, safety, and lastly overall cost. Each of the media outlets I looked at, even the cars websites themselves offered a fair amount of information that added up and was consistent. After reading...
Words: 2419 - Pages: 10
...STRUCTURED APPROACH TO WORKING ON WHAT MATTERS MOST OFFICE OF QUALITY IMPROVEMENT PROJECT PRIORITIZATION This guide describes a proven approach to setting priorities when the amount of work that needs to be done surpasses the resources available to accomplish the work. You will find step-by-step instructions for creating and using a simple prioritization matrix to make tough decisions. Written by Carol Gosenheimer, Division of Enrollment Management Contributors Brian Rust, Division of Information Technology Nancy Thayer-Hart, Office of Quality Improvement TABLE OF CONTENTS What Is a Prioritization Matrix? ........................................................................................... 3 Benefits of a Prioritization Matrix ........................................................................................ 3 Creating and Using a Prioritization Matrix .......................................................................... 4 Sample Completed Prioritization Matrix ............................................................................. 7 Instructions for Completing a Prioritization Matrix .............................................................. 8 Version 1.1 Created 03.2012 Copyright 㦠2012 University of Wisconsin System Board of Regents For additional information contact: Office of Quality Improvement Room 199 Bascom Hall, 500 Lincoln Drive Madison, WI 53706-1380 608-262-6843 FAX: 608-262-9330 quality@oqi.wisc.edu http://www.quality...
Words: 1814 - Pages: 8
...Stategic Management Boston Consulting Group Toyota World Corporation Alexander Oktaviandri | 008201100007 Daisy Wijaya Kusuma | 008201100025 Ervy Alvionita | 008201100059 Kenny Samuel | 008201100056 Ricky Dhamaputho | 008201100048 Shao Xian | 008201100119 Accounting 3 LITERATURE REVIEW Boston Consulting Group has three main theories regarding strategic management. They are: * The BCG matrix method * Boston consultant group’s advantage matrix * Experience Curve Effects The BCG matrix method The BCG matrix method is based on the product life cycle theory that can be used to determine what priorities should be given in the product portfolio of a business unit. To ensure long-term value creation, a company should have a portfolio of products that contains both high-growth products that generate a lot of cash. It has 2 dimensions: market share and market growth. The basic idea behind it is that the bigger the market share a product has or the faster the product’s market grows the better it is for a company. Placing products in the BCG matrix results in 4 categories in a portfolio of a company: 1. STARS(high growth, high market) - Use large amounts of cash and are leaders in the business so they should also generate large amounts of cash. -Frequently roughly in balance on net cash flow. However if needed any attempt should be made to hold share, because the rewards will be a cash cow if market share is kept. 2. CASH COWS(low growth, high market share) - Profit and cash...
Words: 2985 - Pages: 12
...The global economy is an intertwined economy, meaning for every action in one part of the economy, there is a reaction in another facet of the economy. How does the housing market financial crisis of 2008 have an impact on natural resources such as oil? Discussions You are required to participate in the following discussion(s) for this learning plan. Directions for participating in discussions are located in the Technical Instructions section of the Help Desk area located on the course home page. These are EXACTLY the same discussions that are listed in your learning activities checklist but provide greater detail. Learning Plan 3 Discussions You are required to participate in two discussions for this Learning Plan. To receive full participation points, you will need to post one original response to the question and reply to at least one classmate’s response. Each discussion question is worth up to 25 points. Your discussion board messages will be graded according to the following criteria: 1. You enter into class discussions. 2. You offer substantive questions or comments. 3. Your suggestions, comments and postings are appropriate to the content being covered by the discussion thread. 4. You are respectful of the opinions and ideas of other learners. 5. Your comments reflect topics or concepts from the instructional materials and other course content. Directions for posting to the discussion board are can be found by clicking on the technical...
Words: 859 - Pages: 4
... Job Analysis Summary: Research your ideal career and identify the required education, skills, conditions of work, and employment trends using the "Occupational Outlook Handbook (OOH)" (http://www.bls.gov/OCO/). Dictionary of Occupational Titles (DOT) or O*NET (http://online.onetcenter.org/). Evaluate Job advertisements on current job databases, such as Washington Post, Career Builder, Monster, or Career Quest. ***Write a two-page (12pt font) paper of the experience, education, and skills required for your job or career goal based on your research findings. The first page should be a summary. After the one-page summary, use the following matrix to add what areas you feel are currently strengths or areas of accomplishment, and what areas you feel you may need to work on, toward achieving your goal. All areas of the matrix must be filled out in order to receive full credit. |Experience? Knowledge, proven | Accomplishments/ Strengths | Areas for improvement | |performance in various | | | |organizations and/or field of | | | |professional practice | | | |Describe industry requirement |Describe strong points to match|If still needs work,...
Words: 252 - Pages: 2
..."Built for the road ahead." Company’s background Ford Motor Company was founded in 1903 by Henry Ford in Detroit, USA with 12 investors owning a total of 1000 shares. Henry Ford was 40 years old when he founded the Ford Motor Company, which would go on to become one of the largest and most profitable companies in the world, as well as being one of the few to survive the Great Depression. The first retail Ford dealership was opened in St. Cloud, Michigan by Stephen Tenvoorde in 1903. The world headquarters of the Ford Motor Company are located in Detroit, Michigan, which is also commonly known as the automobile capital of the world. Not only did Ford revolutionize the development of the automobile as a product, he is also the visionary behind the idea of mass production. Ford's ability to make automobiles affordable for the masses is cited as a driving force behind both the automobile industry and the creation of a middle class in America. The largest family-controlled company in the world, the Ford Motor Company has been in continuous family control for over 100 years. As a top company in the automotive industry, Ford Motor specialize in Mainstream/Performance vehicles and Automotive parts providing services including Automotive finance, Vehicle leasing and Vehicle service. It manufactures and distributes automobiles in 200 markets across six continents. The company’s automotive vehicle brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and...
Words: 3109 - Pages: 13
...Question 1: What is the main issue/challenge for this case? TOWS Matrix | Strengths | Weakness | | S1: Extensive production and distribution networkS2: Strong focus on R&DS3: Strong market position and brand recognitionS4: Product diversification. S5: Produce innovative models in a cost-efficient way | W1: Product recalls due to defect quality could affect brand image and reputationW2: Declining sales in key geographic segmentsW3: Poor allocation of resources as compared to peersW4: Lack of high technical skills of engineering designs when they have high level of skills in productionW5: Loss of control. The management failed to anticipate looming problems and expanded too quickly, ignoring Toyota’s style of disciplined growth. | Opportunities | S0 Strategy | WO Strategy | O1: Growing global automotive industryO2: Toyota poised to benefit from growing joint venture with GM called New United Motor Manufacturing Inc.(NUMMI)O3: Strong outlook for the global new car market04: Augmented worldwide distribution and servicing network to increase market penetrationO5: Expanding automobile market and opportunity launching new products | 1. Exploit engineering and R&D capabilities to produce new and innovative car models(S2,05) 2. Integrate the competitive advantage of both Toyota and GM to create strong brand name and competitive position in automotive manufacture industry(S3,02) | 1. Closely monitor quality and overhaul its design and manufacturing operations...
Words: 391 - Pages: 2
...General motors corporation (GM) filed for chapter 11 bankcruptcy protection, the second-largest industrial bankruptcy in history (worldcom was the largest). GM, which hadn’t made aprofit since 2004, declare in its filing that it had 172 billion in debt and 82 billion in assets. As any competent business student could tell you. The ratio doesn’t make a balance sheet balance, especially when the companys equity is worth little. Fritz Henderson, who named CEO of Gm on march 30,2009, was a numbers guy, but he knew the companys culture had to change. His vision of the new organizational culture revolved around four guidelines: risk taking, accountability, speed, and costumer-product focus. The problem was that GM had tried before to reinvent itself, with mixed success. “GM’s past is littered with the buzzords of culture change. It has struggled to impose cultural change across the highly bureaucratic company in which brands, departments, and regions operated like self governing and competing states within a federation. But GM’s executive said, this time would be different. After all, there was the bankruptcy and the selective elimination of entrenched leadership. Were things really changing, though? Despite his well intentioned plans, Henderson was fired by the board on December 1, 2009 some felt he wasn’t radical enough to change the company. His replacement was the person appointed by the obama administrations car czar to oversee the automakers revival after bankruptcy, ed whitacre...
Words: 4641 - Pages: 19
...General Motors SWOT analysis MGT 521 March 31, 2014 Overview of SWOT matrix “The SWOT matrix is an important matching tool that helps managers develop four strategies.” (David, 2011) This matrix is important to any business because it will show the organizations strengths and weaknesses as well as any opportunities and threats that arise. The SWOT analysis is a great tool for strategic planning, however, it is not as useful for showing how to achieve a competitive advantage. The matrix is divided by SO (strengths –opportunities), WO (weaknesses-opportunities), ST (strengths-threats) and WT (weaknesses-threats). Each type gives a different focus for the organization. Internal Weaknesses and Strengths After the recall of April 2012, and the continuous recalls thereafter, there was a negative impact on the company sales. When looking at the Internals of General Motors, leadership plays a role in the weaknesses that it is having today. The internal strengths of General Motors are a strong market position and brand portfolio. General Motors is brand that people know and respect and many are very loyal to the brand. While using this as a factor, General Motors stated to focus on new research and developments that would give them an advantage over their competition. While they were behind Toyota in the energy efficient car, they are making strides to make their bigger vehicles bore fuel efficient. General Motors is also becoming diversified globally. External...
Words: 716 - Pages: 3
...Topic: Toyota marketing plan Student Name: Course Title: Institution: Instructor: Date: EXECUTIVE SUMMARY The world is dependably change, the interest of business sector distinctive step by step. Toyota Motor Corporation (TMC) has been creating pointedly to meet the requests of their business. Toyota's prosperity both on the Japanese business sector and global market because of its longing to make items with high caliber. The Japanese accept that nothing is good to the point that it can't be enhanced, so they always battle to expand the nature of all that they do. This disposition jars are communicated by a solitary word:"kaizen". It implies „continuous change" and the essential word to guide them towards flawlessness. This paper displays the methods of Toyota Company in their endeavor to increase matchless quality in the universal business. SITUATION ANALYSIS The Toyota name is connected with solid, trustworthy qualities that have picked up the organization an expansive and faithful shopper base. The arrival of the Matrix adds an additional measurement to Toyota's personality one that is yet to be completely perceived by its target customers. As Cuvs rise available, it is imperative to solidly build the Matrix as an auto in it class, while additionally securing it to the Toyota legacy. TARGET MARKET Toyota tries to draw in another sort of shopper with the Matrix, one who typifies a popular, young edge, additionally demands common sense and unwavering...
Words: 1757 - Pages: 8
...Development & Growth of General Motors General Motors (GM), a company that was once the largest and most profitable industrial company in the world, is now identified as the giant automobile company that suffered bankruptcy in 2009. Taking a look at the company’s history is key to identifying how GM went from birth to bankruptcy. The company was founded in 1908, by William C. Durant, who brought 25 independent car companies together, under GM, which simply operated as a holding company. GM focused on producing hundreds of models of cars that targeted wealthy customers. That same year, GM’s major competitor Ford came out with the Model T car, which introduced the idea of producing cars through mass production. As a result, car manufacturing costs dropped, Ford got rich, and GM suffered major losses. Ten years later, Alfred P. Sloan became GM’s CEO, and changed the structure of the company, by grouping their 25 companies into five major self-contained operating divisions, which all imitated Ford car mass production idea. He also reorganized GM into five different car divisions. By the mid 1920’s, GM was at the top, and taking away Ford’s market share through Sloan’s new business model. In the years leading up to the mid 1970’s, GM continued to grow and became highly vertically integrated, while also controlling on average 65% of domestic sales in the U.S. car market. Unfortunately in 1973, the oil embargo damaged GM and...
Words: 3367 - Pages: 14
...Outsourcing of the Boeing 787 | | | | | | |David Mahmoodi | |01/31/2009 | |How much of a service can be outsourced before the benefits stop outweighing the costs? For the first time in the history of the company, Boeing is| |outsourcing more than 70% of the production of its new aircraft the 787 Dreamliner. This is not just the production or assembly of the plane, but | |also the specifics of engineering the individual parts. With so many parts being designed and assembled in other countries there have been | |communication issues, lengthy delays and increased costs. This paper will explore the benefits and costs of outsourcing such a big public project. | |It will discuss how Boeing or similar companies can better mange outsourced projects or more efficient alternatives to outsourcing them all | |together. ...
Words: 7024 - Pages: 29
...market potential, Toyota needs to determine the best regions for growth to ensure cost and quality. Based on market figures (Figure 10 & 11), the following GE Matrix is drawn up to show the likelihood of the following market outcomes: Figure 11: GE Matrix showing international market approach The above graph was plotted based on information and the following criteria – Available resources, effective use of resources for maximum milking, potential business this market can bring in for the company, potential establishment of market leader Based on the above, the implications and resulting suggested approach is: Asia – A strong defense strategy. Manufacturing in Asia is relatively cheap, hence the recommendation to put efforts into R&D of materials, manufacturing and work closely with suppliers and manufacturers to keep costs low, for higher profit margins. 1 USA’s market is attractive, however competition is stiff with GM and Ford. Toyota needs to increase positive consumer perceptions to push sales and establish itself as a market leader. Latin America is a growing market with an unstable and undominated automotive industry. Toyota can choose selective markets or products and use an S-O to attack the market and establish presence. This strategy can apply to Africa too, with an added advantage that Africa is geographically closer to manufacturing plants in Asia. Europe has seen a fall in the automotive industry and Toyota not even being in...
Words: 1393 - Pages: 6
...000 --- TEN POINTS ANALYSIS OF TOYOTA MOTOR CORPORATION Ten Points Analysis Of TOYOTA Motor Corporation Present by * Tuong Thoai Xuan Doan – 121101201 * Quyen Thi Kim Tran – 121101106 * Kiet Nguyen Tuan Ho – 121101151 * Lam Minh Ho – 121101105 * Khang Thai Tran - 121101 HUTECH University Lincoln Program Submitted to lecturer Luan Thanh Nguyen for Marketing Management 2 Report October 4, 2013 Abstract The international market has becoming more and more challenging for Multinational Corporations to improve themselves and adapt to the new requirements for changes of the market competition and the customers’ satisfaction. The main aim of this research paper is to enlighten the position of Toyota in the international market, for the background reasons for its successes so far. Its leading position in the automobile industry undeniable, and its business strategies in this industry should be attributed as the cores of its successes. Moreover, we will also make lights onto the competitive advantages that have helped Toyota to prevail over the other rivals, together with the necessary internal and external anslyais of the market environment which may reinforce Toyota in its operation and pose challenges for changes and improvements that should be implemented for keeping and maintaining its market leading position. Each element of the SWOT Analysis, PEST analysis and the Boston Consulting Group Matrix can help to reveal the above aspect...
Words: 2847 - Pages: 12
