27346743-management-toyota (2)
TRANSCRIPT
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GROUP MEMBERS
SAMRAT NANDY
VYOMESH RANJAN
PULKIT AGGARWAL
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HISTORY OF TOYOTA
INTERNATIONALLY The history of Toyota started in 1933 with the
company being a division of Toyoda Automatic
Loom Works devoted to the production of
automobiles under the direction ofKiichiro
Toyoda.Kiichiro Toyoda had travelled to
Europe and the United States in 1929 to
investigate automobile production and hadbegun researching gasoline-powered engines
in 1930.He was encouraged to develop
automobile
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In 1934, the division produced its first Type A
Engine, which was used in the first Model A1
passenger car in May 1935 and the G1 truck inAugust 1935.After the world war II,
commercial passenger car production started
in 1947 with the model SA
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TOYOTAS 1ST AUTOMOBILES
A1
G1 TRUCK
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VISION
To be the most respected and
successful enterprise,
delighting customers with awide range of products and
solutions in the automobile
industry with the best people
and the best technology.
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MISSION
Action, Commitment and
Teamwork
To achieve position in:
Respect & Corporate Image Quality &
Safety
Customer Satisfaction Production &
Sales Profitability Best Employer
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Achieving Customer Satisfaction
World Class Product Quality
Best EmployerFostering the Spirit of Teamwork
I Inculcating Ethical & Honest Practices
CORE VALUES
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COMPANYS CORPORATE GOALS TO CAPTURE THE AUTOMOBILE MARKET
PRODUCE ENVIRONMENTALLY AND SOCIALLY SAFECARS
EVERY NEW PRODUCTION PLANT AND PRODUCT
MUST BE MORE EFFICIENT THAN THE PLANTS AND
PRODUCTS LAST BUILD TO STEADILY INCREASE CORPORATE VALUE AS A TOP
MANAGEMENT PRIORITY,
CONTINUE TO INTRODUCE AND PRODUCE
PRODUCTS THAT FULLY CATER TO CUSTOMER NEEDS
TO BECOME AN EVEN MORE COMPETITIVE GLOBAL
COMPANY(TMC, 2006)
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COMPANY DEPARTMENTAL GOALS
PRODUCTION MUST BE ACCORDING TO THECOMPANYS VISION
COORDINATION OF DEPARTMENTS
CLEAN AND SAFE ENVIRONMENT TEAMWORK
COMBINING PERFECTION AND ART TOGETHER
CONSUMING LESS INPUTS,SHOWING MORE OUTPUT
COMPLETION OF WORK WITHIN STANDARD TIME SETBY COMPANY
WORKING WITH SINCERNESS AND DIGNITY
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COMPANYS ENVIRONMENTAL
ANALYSIS
(SWOT ANALYSIS)INTERNAL ANALYSIS
:STRENGTH
BRAND IMAGE
MARKET LEADERSHIP
EASY AVAILABILITY OF SPARE PARTS
DEALERSHIP NETWORK
SUITABLE FOR RURAL AREA
: WEAKNESS
ALWAYS CHARGE THE PREMIUM PRICE
MANAGEMENT CONTROL BY LOCAL PARTNER
DIV
ERSITY OF CULTURE IN WORK
ERS
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EXTERNAL ANALYSISOPPERTUNITIES: Innovation -first to develop commercial mass-produced hybrid gas-
electric vehicles (gas and electric), e.g. Prius model. Based onadvanced technologies and R&D activity. With oil prices at an alltime high - this investment and widening of product portfolio fitsconsumers looking to alternative sources of fuels away from gasguzzling cars.
To expand more aggressively into new segments of the market. The
launch of Aygo model by Toyota is intended to take market share inyouth market.
To produce cars which are more fuel efficient, have greaterperformance and less impact on the environment.
To develop new cars which respond to social and institutional needsand wants. The development of electric cars, hybrid fuels, andcomponents reduces the impact on the environment. Toyota's Eco-Vehicle Assessment System (Eco-VAS) has helped in production,usage, and disposal.
Continued global expansion - especially in the emerging marketse.g. China and India, Russia, where population and demand isaccelerating.
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THREATS:
Saturation and increased competition, intense marketing campaigns
increasing competitive pressures. Shifts in the exchange rates affecting profits and cost of raw
materials.
Predictions of a downturn in the economy e.g. recession, will affectcar purchases (especially new cars). As household budgets tighten -
this could lead a decline in new car sales and possible rationalizationof dealerships.
Changing demographics e.g. number of large families is declining.Undermining the demand for large family cars.
Changing usage - families using the car less for taking children toschools. Home deliveries. Businesses - restricting business travel
(tele-conferencing). Governments encouraging alternative forms oftransport - cycling and incentives to use public transport acrossEurope.
Rising oil prices (fuel costs) and the costs of maintaining cars.Increase in families who have chosen not to own a car, or decided to
use their car less.
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PEST ANALYSIS
POLITICAL FACTOR
ECONOMIC FACTOR
SOCIOCULTURE FACTOR
TECHNOLOGICAL FACTOR
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POLITICAL FACTOR
In political factor you must consider issues such as:
1.How stable is the political environment?
2.Will government policy influence laws thatregulate or tax your business?
3.What is the government's position on marketing
ethics?
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ECONOMIC FACTORS
You need to look at :
1. Interest rates.
2. The level of inflation Employment level per
capita.
3. Long-term prospects for the economy GrossDomestic Product (GDP) per capita, and so on.
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SOCIOCULTURAL FACTORS
Factors include :
1.What are attitudes to foreign products andservices?
2.How much time do consumers have for
leisure?
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TECHNOLOGICAL FACTORS
Consider the following points:
1. Does technology allow for products and services to bemade more cheaply and to a better standard ofquality?
2.Do the technologies offer consumers and businessesmore innovative products and services such as Internetbanking, new generation mobile telephones, etc?
3.How is distribution changed by new technologies e.g.
books via the Internet, flight tickets, auctions, etc?4.Does technology offer companies a new way tocommunicate with consumers e.g. banners, CustomerRelationship Management (CRM), etc?
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KEY RESEARCH AREAS IN
MANAGEMENT
Planning Analysis :
Different Departments
Product Planning
Finance Planning
Market Planning
Human resource Planning
Sales Planning
Admin Planning
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ORGANIZING AND STAFFING ANALYSIS
ORGANIZATIONAL CULTURE
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THANK YOU FOR YOUR KIND
ATTENTION
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ANY QUESTIONS???