TOYOTA PLC.

Professional Development for Strategic Managers: Toyota Plc.

[Institution Name]

Professional Development for Strategic Managers: Toyota Plc.

Introduction

The selected company for the purpose of this assignment is Toyota, which is a Japanese multinational company, founded in 1933 by Kiichiro Toyoda. In the year 1980, Toyota first caught the attention of the world, when it came in to existence there was something special about Japanese efficiency and quality. Japanese cars lasted longer than American cars and require fewer repairs. As a operations manager at Toyota Plc, I will discuss the leadership strategies required for the company, as well as my personal development plan for a successful career.

Strategies

Production process at Toyota

The production method in Toyota built taking into consideration three crucial factors; these factors are continuous improvement in the process of production, proper management of the logistics & employee loyalty. The whole manufacturing process is planned well in advance & abbreviated plans are developed that describes the step by step procedure, through the use of short plans all the required materials and inventory are manufactured and assembled well before time the next step starts. The logistics management deals with the supplier relationships of Toyota i.e. the delivery of products to the customer on time. Loyalty of the employees is the crucial aspect that can only be applied with success where the employees are provided with freedom and their responsibilities are defined help them to do work according to the defined processes (Magee 2008,p. 59). Toyota is following a policy that allows the employee to give their feedback & suggestions, & majority of the feedback is applied in the processes of the organization for improvement. This maximizes the confidence level of the employees and has a positive impact on the performance, and the efficiency of their workers higher than the industry average. The management of logistics is another aspect, where Toyota has improved its association with its suppliers, has enhanced its product delivery system. The logistics management of Toyota has helped them improve their rapport with their suppliers, which has resulted in well-timed delivery of quality products to the customers of Toyota.

The suppliers are making sure that they deliver the required raw materials on time, and whenever required, they help Toyota in the assembling of new parts of machinery. Toyota is well known for maintaining beneficial associations with its suppliers, vendors and companies like to work with Toyota because of the quality of relationship managed with them. Their association with their suppliers helps Toyota in providing their customers with the best possible quality products within the least amount of time. Toyota strategy is to make sure that meet their customer needs is the minimizing the waste material. The short plans made by Toyota are make sure that the wastage in their production process has to wastage of products. The complete elimination of wastage; is the aim of Toyota. At Toyota, the short-term plans are more importance as compared to the long-term plans. According to the management of Toyota, the long-term plan consumes a lot ...