YALA
Akio Toyoda is the current CEO of Toyota. He is the grandson of the founder of Toyota, Kiichiro Toyota. After working every phase of the company’s operation, Akio Toyoda took over the position of President of Toyota Motor Corporation in June of 2009.
In the past few years Toyota has faced various challenges; recall crisis, pressure to move production overseas, and tsunami floods. Regardless of the challenges, Akio Toyoda was able to adapt and move the Toyota Company forward. This success is as a result of his transformational and transactional leadership style, which involves implementation of new and strategic ideas within organization.
Transformational leadership style is the “process whereby a person engages with others and creates a connection that raises the level of motivation and morality in both the leader ant the follower” (Northouse, 2011 pg.186). There are four transformational leadership factors:
Idealized Influence-“the emotional component of a leadership” (Northouse, 2011 pg.191).
Inspirational Motivation- “is leaders who communicate high expectations to followers, inspiring them through motivation to become committed to and a part of the shared vision in the organization” (Northouse, 2011 pg.193).
Intellectual stimulation-“it includes leadership and stimulates followers to be creative and innovative and to challenge their own beliefs and values as well as those of the leader and the organization” (Northouse, 2011 pg.193).
Individualized Consideration- “leaders who provide supportive climate in which they listen carefully to the individuals’ needs of followers” (Northouse, 2011 pg.193). put your work here………
Based on CNNMoney, after the massive recall of 2009-2010, Toyota lost $2billion dollars. Akio Toyoda made fundamental changes following the incident to save Toyota. Restructure of management was one of the first steps. The company’s previous leadership structure, for example, was rotated among the top management team.
In the past few years Toyota has faced various challenges; recall crisis, pressure to move production overseas, and tsunami floods. Regardless of the challenges, Akio Toyoda was able to adapt and move the Toyota Company forward. This success is as a result of his transformational and transactional leadership style, which involves implementation of new and strategic ideas within organization.
Transformational leadership style is the “process whereby a person engages with others and creates a connection that raises the level of motivation and morality in both the leader ant the follower” (Northouse, 2011 pg.186). There are four transformational leadership factors:
Idealized Influence-“the emotional component of a leadership” (Northouse, 2011 pg.191).
Inspirational Motivation- “is leaders who communicate high expectations to followers, inspiring them through motivation to become committed to and a part of the shared vision in the organization” (Northouse, 2011 pg.193).
Intellectual stimulation-“it includes leadership and stimulates followers to be creative and innovative and to challenge their own beliefs and values as well as those of the leader and the organization” (Northouse, 2011 pg.193).
Individualized Consideration- “leaders who provide supportive climate in which they listen carefully to the individuals’ needs of followers” (Northouse, 2011 pg.193). put your work here………
Based on CNNMoney, after the massive recall of 2009-2010, Toyota lost $2billion dollars. Akio Toyoda made fundamental changes following the incident to save Toyota. Restructure of management was one of the first steps. The company’s previous leadership structure, for example, was rotated among the top management team.