2 Introduction to Report on the Toyota Company
2.1 Introductory Information
Report on the Engel and Voelkers Company
Prepared for: CEO of the Toyota Company
Prepared by: Arkadi Borowski, registered student at the University of Sunderland, United Kingdom
Subject: Contemporary Developments in Business and Management of the Toyota Company
Distributed: April 9th, 2010
2.2 Introduction
The CEO of the Toyota Company Mr. Akio Toyoda has asked me, Arkadi Borowski, to prepare a business report that addresses the internal and external influences as well as the global political changes to which the Toyota Company is subject to. To be able to present a high-quality business report, I did detailed research on the company and its business environment. The information was gathered from: the company’s Annual Report 2008/2009, the official website of Toyota and internal know-how of the company. The sources and the additional professional literature are quoted in the references at the end of the document.
2.3 Executive Summary
The present report deals with the analyses of the internal and external business environment, for this purpose the “PESTLE” analysis and the “Porter´s five forces model” were used. It also gives a short overview of the company and the type of business it is involved in.
The second part of the report is an in depth analysis of how global political changes affect Toyota´s policies and decision-making. There is also an evaluation of the effectiveness of the company’s response and the demonstration of areas for improvement.
Inhaltsverzeichnis (Table of Contents)
- Introduction to Report on the Toyota Company
- Introductory Information
- Introduction
- Executive Summary
- Company Profile
- Internal Environment
- Organizational Structure
- Human Resource Management
- External Environment
- PESTLE Analysis
- Porter's five Forces Model
- Global Political Changes
- Influences on Toyota's Policies and Decision-making
- Effectiveness of Toyota's Response to Global Political Changes
- Areas for Improvement in the Response
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
The objective of this report is to analyze the internal and external business environment of Toyota Motor Corporation, focusing on the impact of global political changes on its policies and decision-making. The report utilizes the PESTLE analysis and Porter's Five Forces model to achieve this.
- Internal analysis of Toyota's organizational structure and human resource management.
- External analysis of Toyota's business environment using PESTLE and Porter's Five Forces.
- Examination of the impact of global political changes on Toyota's operations.
- Evaluation of the effectiveness of Toyota's response to these global changes.
- Identification of areas for improvement in Toyota's response to global political changes.
Zusammenfassung der Kapitel (Chapter Summaries)
Introduction to Report on the Toyota Company: This introductory section sets the stage for the report, explaining its purpose – to analyze Toyota's internal and external environment and its response to global political changes. It details the author's research methodology, including sources like Toyota's Annual Report and the company's website, laying a transparent foundation for the subsequent analysis. The executive summary briefly previews the report's structure and key findings, highlighting the PESTLE analysis, Porter's Five Forces, and an evaluation of Toyota's responses to global political shifts.
Company Profile: This chapter provides a concise overview of Toyota Motor Corporation, highlighting its status as a leading global automaker known for its environmentally friendly and technologically advanced vehicles. The historical development of the company is traced, from its founding in 1937 to its expansion into international markets, emphasizing key milestones and achievements such as its entry into the US market. The chapter also acknowledges the company's recent challenges, including the financial crisis and negative publicity related to global recalls, presenting a balanced perspective on Toyota's trajectory.
Internal Environment: This section delves into the internal workings of Toyota, focusing on its organizational structure and human resource management practices. The organizational structure is described, detailing the roles of the General Meeting of Shareholders, the Board of Directors, and its various committees. The analysis then shifts to Toyota's Human Resource Management (HRM), emphasizing the role of the Toyota Production System (TPS) and its reliance on employee empowerment and training. The chapter highlights the importance of employee expertise and the substantial investment in employee development, showing how these internal factors contribute to Toyota's overall success.
External Environment: This chapter analyzes Toyota's external environment using two established frameworks: PESTLE analysis and Porter's Five Forces model. The PESTLE analysis would systematically examine the political, economic, social, technological, legal, and environmental factors influencing Toyota's operations. This would likely include considerations such as government regulations, economic conditions, societal trends, technological advancements, legal frameworks, and environmental concerns. Porter's Five Forces model would then assess the competitive landscape, examining the threat of new entrants, bargaining power of buyers and suppliers, threat of substitutes, and rivalry among existing competitors. This provides a comprehensive view of the external pressures and opportunities shaping Toyota's strategic decisions.
Global Political Changes: This chapter focuses on how global political changes influence Toyota's policies and decision-making. It would likely involve an analysis of specific political events or trends and their impact on Toyota's operations in various global markets. The chapter would also evaluate the effectiveness of Toyota's responses to these changes, assessing the company's strategic adjustments and their outcomes. Finally, the section would likely pinpoint areas for improvement in Toyota's approach to managing the impact of global political instability, suggesting potential strategies for enhancing resilience and adaptability.
Schlüsselwörter (Keywords)
Toyota Motor Corporation, PESTLE analysis, Porter's Five Forces, global political changes, organizational structure, human resource management, Toyota Production System (TPS), competitive landscape, strategic decision-making, environmental factors, economic factors, global recalls.
Frequently Asked Questions: Report on the Toyota Company
What is the purpose of this report?
This report analyzes the internal and external business environment of Toyota Motor Corporation, focusing on how global political changes affect its policies and decision-making. It uses the PESTLE analysis and Porter's Five Forces model to achieve this.
What are the key themes explored in the report?
Key themes include internal analysis of Toyota's organizational structure and human resource management; external analysis using PESTLE and Porter's Five Forces; examination of global political change impacts on Toyota's operations; evaluation of Toyota's responses to these changes; and identification of areas for improvement in Toyota's response to global political changes.
What is covered in the "Introduction to Report on the Toyota Company" section?
This section sets the stage, explains the report's purpose, details the research methodology (including sources like Toyota's Annual Report and website), and provides an executive summary of the key findings and structure.
What does the "Company Profile" section include?
This chapter gives a concise overview of Toyota, its history, its achievements (like entering the US market), and also acknowledges challenges faced, such as financial crises and recalls. It presents a balanced perspective of Toyota's development.
What aspects of Toyota's internal environment are examined?
The "Internal Environment" section analyzes Toyota's organizational structure (roles of shareholders, board, committees etc.) and its human resource management practices, emphasizing the Toyota Production System (TPS), employee empowerment, training, and investment in employee development.
How does the report analyze Toyota's external environment?
The "External Environment" section utilizes PESTLE analysis (examining political, economic, social, technological, legal, and environmental factors) and Porter's Five Forces model (assessing competitive threats, buyer/supplier power, substitutes, and rivalry) to provide a comprehensive external view.
What is the focus of the "Global Political Changes" section?
This chapter analyzes how global political changes influence Toyota's policies and decision-making, evaluates the effectiveness of Toyota's responses to these changes, and suggests areas for improvement in managing global political instability.
What are the key words associated with this report?
Key words include: Toyota Motor Corporation, PESTLE analysis, Porter's Five Forces, global political changes, organizational structure, human resource management, Toyota Production System (TPS), competitive landscape, strategic decision-making, environmental factors, economic factors, and global recalls.
What is the overall structure of the report?
The report follows a clear structure including an introduction, a company profile, analysis of the internal and external environments, a dedicated section on global political changes and their impact, and finally a conclusion.
Where can I find more detailed information about each section of the report?
The report provides chapter summaries offering more detailed information about the content and analysis within each section. The detailed analysis itself would be in the full report (not just this preview).
- Quote paper
- Arkadi Borowski (Author), 2010, Report on the Toyota Company , Munich, GRIN Verlag, https://www.grin.com/document/152492