Premium Essay

Toyota Commitment

In: Business and Management

Submitted By anirudht808
Words 1246
Pages 5
CASE STUDY
“Toyota’s Commitment to Innovation and Improvement Pays Off”

TUGAS PAPER
IS POLICY

Andreas Nova (0922201135)
Tommy Valentino Octavianest (0922201002)
Yvonne M Prawinoto (0922201122)

PROGRAM PASCASARJANA ILMU KOMPUTER
MAGISTER MANAJEMEN SISTEM INFORMASI JENJANG S2
BINUS UNIVERSITY
JAKARTA
2010
Toyota Introductions
Toyota was founded in 1937 by the Toyoda Familiy, whose members continue to play key roles and are a symbol of emotional unity for the company and its employee.
Toyota Motor Corporation (toyota.com) became the worlds largest automobile manufacturer in 2008, based on the 2007 annual automobile sales figures all companies. During the first quarter of 2007, Toyota for the first time pushed out General Motors (GM) from the top global sales spot, which GM had held since 1931. Toyota sold 2.35 million vehicles worldwide in the January-March 2007 period compared to GM’s 2.26 million vehicles.
In addition to competition from GM and Ford in the United States, Toyota also faces tough domestic competitors-Honda Motor, which is the third largest automobile manufacturer in Japan, and Nissan, which is the second largest.

The Company’s innovators, such as their production executive Taiichi Ohno, are credited with : 1. Inventing just-in-time (JIT) production to reduce inventory costs 2. Introducing the philosophy of worker empowerment called kaizen, allowing workers to keep finding ways to improve production methods. 3. Introducing the idea of stopping assembly lines in order to correct problems before continuing to achieve the highest levels of product quality. 4. Nurturing worker loyalty by offering lifetime employment. The last time Toyota resorted to massive job cuts was during difficult times in 1950 5. Implementing a system and culture of frequent interaction between all levels...

Similar Documents

Premium Essay

Marketing

...We aspire to be a global healthcare partner, and are proud of our ability to transform scientific innovation into effective solutions for patients. Our success is driven by our commitment, as well as the diversity of talents and cultures of over 100,000 professionals around the world, who share a real sense of pride in their mission, collaborating together and working in partnership to protect health, bring hope and enhance life.  As we diversify our business activities, expand strongly in emerging markets and transform our organization to address the new challenges of the healthcare industry, we seek committed individuals: • Who come to work with the pride and passion of being able to contribute to a company that cares about people. • Who are motivated to collaborate and share innovative thinking which will make a difference to patients and customers. • Who are open to change and ready to work in a complex environment. • Who seize opportunities to learn new skills & competencies. • Who strive to achieve results beyond expectations, for which they will be recognized and rewarded. Discover more about who we are and what we can offer. We look forward to hearing from you! Our commitment We work to protect the health of the earth’s 7 billion inhabitants, improve their quality of life and respond to their potential needs. We are creating new approaches to our activities and work sectors, and are mobilized for our priority goal of bringing medicines......

Words: 354 - Pages: 2

Free Essay

Confession of a College Student

...welcoming and pleasant. Ever since I was little my mother always said, “Everything happens for a reason,” it was until my mother passed that I understood what she meant. I came to realize life is short. Without any warnings, my life changed. When my beloved son had arrived, I was ecstatic. My family gathered and my sisters asked, “Now that your son is born. What are your plans?” As a result, I read many reference books about how to accomplish goals to ease some thoughts and questioned myself “what am I going to show and tell my son about what I have accomplished in life?” Therefore, I decided to attain a degree in business and accounting. This would help me acquire a good paying job as a public accountant. Making a commitment at this stage of my life, I am afraid that I am incapable to keep up with the extra work and eventually fail. My husband and I discussed the option of not going back to school. However, he has inspired me to become a better person and displayed how easy it is to succeed. His expertise in the career world made me realize how simple it is to take part in the professional society. In this lifetime, it would be easy to commit and accomplish the goals I have set. Enrolling into University of Phoenix as an adult, I lack the self-confidence I once had. In high school, I fell short in English but was exceptional in Mathematics. In my academic...

Words: 380 - Pages: 2

Free Essay

Integrity

...regardless of the situation. * Integrity is considered a contract with yourself. If you make a decision to support an idea or belief, that contract with yourself, integrity, will keep you on a constant and steady path to support and defend your ideal. As described by Damian Cox :“A related approach to integrity is to think of it primarily in terms of a person's holding steadfastly true to their commitments”. This commitment will present your integrity on the subject and will earn you the respect of everyone even those who oppose your views. A commitment of integrity to yourself could be the most important commitment you can make in your life. For example a commitment to quit smoking, start exercising or finish college would build your character not only towards others but most importantly towards yourself. * In today’s world there are many ways integrity can be attacked. With the development of social media, every person’s integrity is subject to scrutiny and challenge. In the same manner one can use social media outlets to demonstrate your integrity by presenting the commitment you have made to yourself in a particular subject matter. Danielle Smith states: "This explosion of social media requires us to examine our own use of these sites to ensure we are acting ethically and with integrity." The common error in using these social media sites is that there is a tendency...

Words: 664 - Pages: 3

Premium Essay

Principles of Bsci

...Principles of BSCI The ultimate goal of BSCI is to improve the working conditions in the global supply chain worldwide. This goal can only be achieved through a strong commitment from participants to implement the system. BSCI operates on the following principles: Committed: Our participants commit to implement the BSCI Code of Conduct as part of their business relations with suppliers, showing a willingness to improve the working conditions in their supply chain. Consistent: We offer a unique and uniform system for suppliers worldwide consisting of one Code of Conduct and one implementation process, ensuring consistency and comparability of audits. Comprehensive: The BSCI social compliance system is applicable to both large and small companies and covers all products (industrialised and primary production) sourced from any country. Development oriented: BSCI is not a certification scheme. We offer a step by step development approach that helps suppliers implement the Code of Conduct gradually. Suppliers who meet all BSCI requirements are encouraged to go further and achieve our best practice, the SA8000 social management system and certification developed by Social Accountability International (SAI). Credible: We only use external, experienced and independent auditing companies to perform audits. Focused on risk countries: We focus on risk countries * where violations of workers’ rights occur frequently. The main sourcing countries, based on audits performed,......

Words: 281 - Pages: 2

Premium Essay

Strategic Performance Management

...Unit 7002 - Strategic performance management Introduction This unit is about being able to set, agree and monitor performance targets that will contribute to the achievement of organisational objectives. It is also about being able to improve performance, motivate the team and secure their commitment and recognise the impact of organisational politics and personal interests. Scenario Learners may use their own employment context, or that of another organisation with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario:- You are a senior manager in a business unit of a medium sized enterprise, with functional management and organisational leadership responsibilities. You have responsibility for all aspects of the performance management of your team and its contribution towards the achievement of business goals. Please select and research an organisation of your choice to identify its approach to performance management. Provide brief details of your research in a summary of between 200 and 250 words, this should not be counted in the suggested word count. Use the results of your research to answer the tasks below. Task 1: Describe a performance management process for ensuring that responsibility for delivering strategic objectives is shared throughout the organisation. Use a practical example to illustrate how team performance links to organisational......

Words: 882 - Pages: 4

Premium Essay

Psalm

...understanding of the Paulinian Spirituality thru Commitment/Declaration. 2. Thru Commitment/Declaration poster students will be able to manifest their own understanding of Paulinian Spirituality Advocacy Life and Mission. That Commitment/Declaration poster the Paulinian student will be… 3. ADVOCATES OF SOCIAL TRANSFORMATION 3.1 Advocates of Social Transformation: Good stewards of creation /Promote the dignity of the human person. 5. MORALITY 5.2 A discerning attitude: critical thinking and upright moral judgment. I. Mechanics: 1. Students will make their Commitment/Declaration poster on a short bond paper size paper.(printed or hand made) 2. The Commitment/Declaration poster should possess the following. a. A Commitment/ Declaration statement compose of not less than 7 sentences containing the ideals and values of a Paulinian student regarding certain topics (choose only one). 1. Leadership 2. Faith/Prayer 3. Sense of Nationalism 4. Social Awareness 5. Advocacies of the Congregation Prolife Disaster Preparedness Peace and Justice Environment Commitment/Declaration must contain a suitable biblical verse or an apt church teaching. b. The Commitment/Declaration statement should be followed by 10 doable and practical statements that will serve as guide actions that the student should not only follow but should embody. c. Students will compose a Short Prayer/Intention for that particular Commitment/Declaration. d. The students should......

Words: 775 - Pages: 4

Free Essay

Tanveer

...various marketing campaigns and events. 6. Contribute as Event Manager for these events and campaigns. 7. Interact with the electronic and print media for coverage of these events and campaigns. 8. Ensure funding from the various events and campaigns. 9. Acquire funding from the corporate sector for the various conservation projects and events. 10. Coordination, Communication & Planning work in written and verbal, both external and internal for sourcing, marketing, sales, technical & market/product developmental teams as well. 11. To understand customer's exact needs, answer customer's queries. Eligibility / Selection Criteria Education, Experience & Skills * A well-established personal commitment to nature conservation; * Bachelors/Masters Degree in Marketing, no experience require * Analytical and Problem-Solving skills and Results Orientation; * Good interpersonal and computer skills specially Microsoft Excel; * Good English Language Reading, writing & speaking; * Knowledge of accounting software will be an advantage (preferably Sage ERP ACCPAC 500); * Relevant Experience will be an advantage however not mandatory. * Sensitivity to gender and other current social issues in countries such as Pakistan; * Adheres to WWF’s values, which are: Passionate & Optimistic, Challenging & Inspiring, Credible & Accountable, and Persevering & Delivering Results. WWF-...

Words: 274 - Pages: 2

Free Essay

Wegmans

...Wegmans Wegmans is able to sustain its culture by the manner in which they treating their employees like parts of their family. According to the description in our text, Wegmans is an example of a clan culture that emphasizes tradition, loyalty, personal commitment, extensive socialization, teamwork, self-management and social influence as its attributes. They differentiate and establish their company’s culture to new employees from the beginning in the interview process. By hiring persons interested in gourmet food, they get people who want to sell gourmet food. Another aspect of their culture is the teamwork demonstrated when opening a new location as in the Dulles store opening. Their culture is taught by existing managers and employees as shown in how the other locations help to train and onboard the new employees and work with the store until it is running smoothly. The 6% turnover rate of Wegmans employees, which is well below the industry norm, shows how the company’s benefits, higher pay rates, scholarships help to foster long-term employee loyalty and commitment. Simply put, this family-owned business treats their employees like the valuable assets to the business that they are. A possible threat to Wegmans culture could be duplication by a competitor that figures out how to get the same results and success with less money spent. It is said that the best compliment is for another to want to be like you. I also see......

Words: 360 - Pages: 2

Free Essay

Diagnostic Essy

...Professor Kabaji English 100 28 January 2014 Commitment Throughout life, commitment is essential. For life to progress in a certain proclivity, we must commit. Whether it’s a relationship, family or work, there’s always a commitment. Every human being wants to be happy, but happiness requires some sort of commitment. Whatever it is that we love, we commit for the hopes of happiness. If we take a step back, stop and think about everything in life, it all requires some sort of commitment. A first-year pupil takes acceptance into a school or college with a commitment of graduating. We interview for a job with a commitment that, if hired, we will work hard and go above and beyond our duty description. Families run on commitment; parents are committed to their children, children are committed to their parents, wives are committed to their husbands, and husbands are committed to their wives. Everyone that enlists into the military commits to an automatic eight year term. When I joined the Army in 1993 I gave a commitment, on paper, to give that same eight years of my life to being the best Soldier I could be. Despite, on paper, eight years was the maximum anyone could give; I committed mentally, the next twenty years, no matter what hardships I endured along the way. To me, that was a genuine commitment and I wouldn’t be content until I accomplished that goal in my life. On my wedding day, I......

Words: 541 - Pages: 3

Premium Essay

Strategic Planning

...Basics of Strategic Planning The objectives of strategic planning including understanding the benefits of strategic planning; understanding the products of strategic planning; and learning the keys to successful planning and implementation. Many organizations spend most of their time reacting to unexpected changes instead of anticipating and preparing for them. This is called crisis management. Organizations caught off guard may spend a great deal of time and energy "playing catch up". They use up their energy coping with immediate problems with little energy left to anticipate and prepare for the next challenges. This vicious cycle locks many organizations into a reactive posture. It does not have to be that way. A sensible alternative is a well tested process called strategic planning which provides a viable alternative to crisis management. Strategic planning is a step by step process with definite objectives and end products that can be implemented and evaluated. Very simply, it is a process by which we look into the future, paint a picture of that future based on current trends, and influence the forces that will affect us. Strategic planning looks three to five years ahead. It charts a definite course based on strong indicators of what the business environment will be like in those years. Indicators include census demographic statistics, economic indicators, government policies, and technological advances. They reveal strong trends regarding changes in...

Words: 1080 - Pages: 5

Free Essay

Mohak

...Oppotunities: The key Advantages Self Directed Teams are improved quality, productivity and service, greater flexibility, reduced operating costs, faster response to technological change, better response to workers' values, increased employee commitment to the organization, ability to attract and retain the best people. Recommendations: The management team needs to relook its commitment to the self-directed approach and commit to the goals and objectives of the SDT concept. Information by way of feedback from the coordinators and teammates need to be sought to understand the problems with the self-directed teams. There should be continuous training and development for the various line operators and technicians. Employee empowerment and motivation Conclusion: In my opinion SDTs have proven to be an effective tool for improving productivity and staff moral; there are several areas that need to be assessed at Corpus Christi, prior to the implementation of such a structure at the two other facilities. While productivity has increased at Corpus Christi, there remain some areas that require attention in order to achieve the high objectives set by the RL Wolfe management. The refining process would require time, dedication and full management commitment to SDTs. This refining process...

Words: 297 - Pages: 2

Free Essay

Poetry

...A few years like yesterday The chair is a recliner Sun gazing in the colors of maroon There at your foot is you Cooking sand Lighting the air Talking about all those things you will become But your life became stereotyped And the burgeoning years a servitude Servitude to everyone but you Seeing life through a colored prism You wait for that time when you can be you And wait you did Until it never came Now the tunnel is dark The light behind you Your shadow in front You hold onto the silver lining The only thing that has seemingly not passed you by And like a revelation it's all clear now As a few years became like yesterday. Between God and me I'm about to commit this sin And I know it's pretty bad My heart pulsate like you were right by my side But you are God now loving me despite my short-comings I'm living this life Not exactly like you would want me to A loving father you are And I know you will still chastise me But the adrenalin that comes with breaking a law is just so enchanting Now between Me and You I know I love you like crazy But still take granted for your mercies Choice and will you gave me The liberty they bring I'm abusing This time I'm before you My hands behind my back; face to feet As ashamed as I'm guilty;of the sins I committed like duty Forgive me and keep me a place in your kingdom Because between Me and you; you know I have no other to turn to ...

Words: 459 - Pages: 2

Free Essay

Graduate Calender

...Cisco first Research and development center outside in the USA was in India. The management learnt from this establishment various lessons that eased their way to opening a R&D in China. The Global Development Center established in India had a big attraction with 300 engineers making it a low-cost engineering resource for San Jose. Different projects where directed to them for support which leads to having many turnovers. Therefore, the management decided to that they need to integrate the employee within the organizational goal to gain the commitment. The first step in establishing the R&D was to gain what is called the Concept Commit approval by the decision makers then the execution commit for the approval of the resources. After that, engineers and scientists generally conducted original investigations on a systematic basis to gain new knowledge (research) and/or the application of research findings to create or significantly improve products or processes. So at Cisco R&D centers, several software developers thought about how to create a product or process and how to implement it—take ideas from zero and create new things. The CRDC group knew that the first project would be critical. Raznjevic believed they needed a core project that would bring some money to the company but was not strategic to Cisco. They needed to establish power authouriy as they would have different staff varying from vice president, general manager (GM), senior/junior staff so each should have......

Words: 252 - Pages: 2

Premium Essay

Employees Resist Change

...see change as an opportunity to strengthen the business by aligning operations with strategy. However, employees see change as neither something to sought after nor welcome as it is disruptive and intrusive. It changes the balance. In order to fix this difference, managers must put themselves in their employees’ shoes and examine the terms of the personal compacts between the employees and company. Personal compact is the reciprocal obligations and mutual commitments, both stated and implied, between employees and the organization. It has three major dimensions. The first one is the formal dimension wherein employees capture the basic tasks and performance requirements for a job as defined by the company. In return, managers convey the authorities and resources the employees need in order for him to do his job. If it is not clearly stated in the documents, oral agreement is done in this dimension. This formal compact will not ensure that employees will be satisfied with their jobs or that they will make personal commitment that managers expect. The second dimension is the psychological dimension. This addresses aspects of the...

Words: 1148 - Pages: 5

Free Essay

The Relationship Between Values and Organiational Commitment

...WWW Jerisha Castine The importance of the relationship between values and organizational commitment Employees and organiations have a very important characteristiv in common, that is values. Values can be defined as relatively stable, evaluative beliefs that guide a persons prerences for outcomes or cousers of action In a variety of situations(ob book). Values can have a direct effect on a individvuals outcomes. An employee;s values influence our perceptions and behaviors. Organizational commitment is one of the most studied workplace attitude. Research has shown that there is a moderate relationship between values and organizational commitment . Employees perform at a level more consistent with their personal values when explicity reminded of those values. Organiations can benefit from a certain degree of value congruence. Finegan stated, “Given that values play such an important role in the definition of commitment, it stands to reason that a persons who personal values matched the operating values of the organization would be more commited to the organization than a person whose personal values differed from those of the organization” (Finegan 2000). Some believe commitment a function of the “fit" between employee values and organizational rewards. Commitment can be viewed as multi-dimensional. There is affective commitment, normative and continuance commitment. Affective commitment is a person’s feeling of loyalty and personal attatchment or involvement and......

Words: 640 - Pages: 3