the Toyota Way Chapter 1 - The Toyota Way: Using Operational Excellence as a Strategic Weapon Chapter 2 - How Toyota Became the World s Best Manufacturer: The Story of the Toyoda Family and the Toyota Production System Chapter 3 - The Heart of the Toyota Production System: Eliminating Waste Chapter 4 - The 14 Principles of the Toyota Way: An Executive Summary of the Culture Behind TPS Chapter 5 - The Toyota Way in Action: The No Compromises Development of Lexus Chapter 6 - The Toyota Way
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Introduction Toyota Motor Corporation is a Japanese multinational automaker headquartered in Toyota‚ Aichi‚ Japan. In 2010‚ Toyota employed 300‚734 people worldwide‚[2] and was the third-largest automobile manufacturer in 2011 by production behind General Motors and Volkswagen Group.[3] Toyota is the eleventh-largest company in the world by revenue. In July 2012‚ the company reported it had manufactured its 200-millionth vehicle.[4] The company was founded by Kiichiro Toyoda in 1937 as a spinoff
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INTRODUCTION Toyota is one of the world’s best-known and most successful businesses‚ building cars and trucks in 26 countries for sale in more than 170 markets around the globe. Worldwide production was 9.2 million (8.2 million for Toyota and Lexus brand vehicles) in 2008‚ making Toyota Motor Corporation (TMC) the world largest vehicle manufacturer in terms of product volume A key element in Toyota’s success is its commitment to designing‚ engineering and building cars in the world regions where
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/0048-3486.htm The role of strategic groups in understanding strategic human resource management Judie M. Gannon Oxford School of Hospitality Management‚ Faculty of Business‚ Oxford Brookes University‚ Oxford‚ UK The role of strategic groups 513 Liz Doherty Business School‚ Sheffield Hallam University‚ Sheffield‚ UK‚ and Angela Roper School of Hospitality & Tourism Management‚ University
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Strategic Groups * “the group of firms in an industry following the same strategy along the same strategic dimensions” (Porter‚ 1980) * “a set of firms competing within an industry on the basis of similar scope and resource commitments” (Cool & Schendel‚ 1968) Competitive strategy = a choice of which strategic group to compete in = the choice of the easiest group to ‘get into’ Strategic groups are organisations within an industry with similar strategic characteristics‚ following similar
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Automotive Aftermarket Analysis Industry Definition The automotive aftermarket is a large contributor to the U.S. economy employing nearly 4.6 million people. New replacement automotive parts such as alternators‚ brakes‚ lights‚ bumpers‚ fenders‚ and so on‚ are parts referred to as “aftermarket” or “functionally equivalent” parts when made by a company other than the original car manufacturer (Ford‚ Chrysler‚ Chevrolet‚ and others). This industry sells automotive parts and other products used
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AUTOMOTIVE INDUSTRY IN TURKEY The automotive industry in Turkey plays an important role in the manufacturing sector of the Turkish economy. The companies operating in the Turkish automotive sector are mainly located in the Marmara Region. Last year‚ Turkey produced up to 1.2 million motor vehicles annually‚ ranking as the 6th largest producer in Europe and the 16-17th largest producer in the World.[citation needed] With a cluster of car-makers and parts suppliers‚ the Turkish automotive sector
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Content 1. Introduction 2 2. Ownership advantages 3 2.1 Toyota Production System (TPS) and Just-In-Time (JIT) management 3 2.2 Resource – based view: core competencies of Toyota 4 3. Internalization advantages 6 4. Location advantages 7 4. Conclusion 8 References 9 Appendix 10 1. Introduction As the leading auto manufacturing company‚ Toyota is not only the symbol of Japan‚ but also the one of the best business models for MNCs expansion overseas. Since the company was established
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STRATEGIC MANAGEMENT REPORT FOR MENGNIU GROUP EXECUTIVE SUMMARY Mengniu Group is now the Chinese second largest dairy enterprise with total assets of 7.6 billion‚ 30‚000 employees and dairy product ability of 4 million tons annually (Mengniu 2006). This report firstly provides an overview of Mengniu‚ which includes number of employees‚ assets‚ sales‚ performance‚ the type of products it provides‚ its location including an organization chart showing the formal structure of the organization‚ and
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AUTOMOTIVE INDUSTRY ANALYSIS Submitted by Team A Donald Bradley Morgan Bruns Adam Fleming Jay Ling Lauren Margolin Felipe Roman Presented to: Prof. Alan Flury December 5‚ 2005 ME 6753: Principles of Management for Engineers Team A ii Executive Summary Chosen industry: This analysis focuses on the automotive industry‚ specifically‚ large-scale manufacturers of automobiles. The automotive industry is inherently interesting: it is massive‚ it is competitive‚ and it is expected to undergo
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