Wednesday, August 14, 2019
Internal and External Factors Influencing Management Essay
Two of the Toyota Production Systemââ¬â¢s philosophies are ââ¬Å"Daily improvementsâ⬠and ââ¬Å"Good Thinking. Good Productsâ⬠(Toyota Motor Corporation, 2010). Recently, Toyota has faced a mass recall. There are several external and internal factors to consider as Toyotaââ¬â¢s management reevaluates and reformulates its four functions: planning, organizing, leading, and controlling. Factors that impact the four functions are: globalization, technology, innovation, diversity, and ethics. Managers need to use delegation to manage all functions and factors to reestablish the credibility the company. Planning is a decision making process that incorporates a cycle in which outcomes are analyzed, evaluated, and revised. More specifically, internal and external factors can impact the function of planning more often than none. When evaluating the planning with Toyota and their various recalls, the sources management needs to focus on are clearly their customerââ¬â¢s safety and further their satisfaction. These external sources will bring Toyotaââ¬â¢s management back to the first function of management, which is planning. ââ¬Å"With more than 9 million cars covered under its latest recall, Toyotaââ¬â¢s management is certainly under the microscope. In fact, Toyota is facing both criminal and Congressional probes into its safety problemâ⬠(The Hufftington Post, 2010). With these extraordinary circumstances, Toyotaââ¬â¢s managers must use their managerial functions: planning, organizing, leading, and controlling. In the recalls, Toyota has had to adapt to these external factors and provide immediate changes to their normal planning. Once the planning has been established, Toyota can begin to organize, lead, and control the process of the various Toyota recalls. Their plan of alerting customers through the dealers and through the Internet is a primary example of effective management. Customers can enter the vehicle identification number on their website to immediately determine if their autos are one of the affected and can further begin processing the claim. Managers must also control the situations and the outcomes of their plans internally through analytical planning. As the auto recalls and repairs takeà place, the effects of these recalls have to be analyzed internally and eventually provide management the necessary information to determine how successful their immediate planning was. External factors, such as dealerships, customers, and mechanics, will also have immediate effects on Toyotaââ¬â¢s planning. As repairs take place, information will be sent back to the corporate managers to establish the success rate. Toyota has globalized their company and has expanded to more than 170 countries such as Japan and the United States. Globalizing Toyota impacts the four functions of management. Globalizing Toyota would have taken a tremendous amount of time and effort on managementââ¬â¢s part. Planning needs to be in detail in which the Toyota Company wants to sell their vehicles and how much they anticipate the vehicles sell for. Management needs to organize globalization by discussing the outcomes of the sales and benefits that would be provided in the other countries they want to globalize in. Management needs to set up a meeting with other countries and dealerships to show the new idea of where to locate dealerships and provide them with the benefits packages. Leading globalization can either be easy or difficult, because the countries may have a hard time with debating if they want to use Toyota as one of their vehicles to sell. With management leading the globalization, they need to explain to the other countries that Toyota is a good vehicle, and it would be beneficial for them to sell them. Management needs to motivate the dealerships to sell the vehicles and to become top sellers. To control globalization, management needs to make sure that they provide enough information about their vehicles and their company to other countries. Without information, it would be difficult for other countries to decide on Toyota the product they want to sell to their customers. Management plans to use technology to achieve future goals. They help with designing vehicles and communicating to other facilities to make sure that everything is operating correctly. Management organizes information using technology such as the Internet so customers can see more informationà regarding their vehicles and their prices. They also organize information for the employees so they can see new information which is out, such as the recall on the Toyota vehicles. Then they can tell their customers what to expect and how to handle the situation. Technology allows management to be leaders and to motivate their employees by sending congratulations e-mails to the top sales employee or by telling them what they have earned if they sell a specific amount of vehicles. Motivating employees helps keep the morale strong, and the Internet helps communicate motivational messages across different countries and departments. Controlling technology helps managers so see what quotas were met to reach the goals. Quotas will make it easier for the manager to calculate everything to be sure employees reached their goals and by how much more they need to go if they have not reached them. Management plans for innovation when they begin their projects. They need to determine what new innovation will bring them and how much it will contribute to the company. If innovation is a good idea, such as using different types of gas pedals on the vehicles, then management can put that plan into action and project how much it will cost them compared to their profits. To organize innovation, management needs to take their time to be sure Toyota products will make them money. They need to provide a blueprint to the employees stating the details of the new innovation and why it will benefit Toyota. Management can also explain the sales involved. To control innovation, management needs make sure that the production department is following instructions. Diversity impacts the four functions of management. Managementââ¬â¢s planning might focus on the diversity found within the skills of its subcontractors in other countries. Strategic planning may include reevaluation of factories and the ultimate cost thus far of locating factories in areas for the purpose of lowering costs due to shipping. Management will focus on diversity when organizing training for its current and future employees. Weaknesses need to be identified so such organizing can be established. In Toyotaââ¬â¢s time of crisis, management will find a number of diverse reactions from employees as many will have to be let go in the companyââ¬â¢s time of loss. Leading the workers by motivating the remaining employees may be difficult given the diverse emotions felt by all. Diversity in controlling the situation may be found in how responsive customers are to Toyotaââ¬â¢s efforts to rebuild a damaged reputation. The diversity found in the customersââ¬â¢ reactions will determine how well the companyââ¬â¢s efforts are working on reestablishing faith in the product and whether or not management goes back to the drawing board. One of the main internal factors that affect the four functions of management for Toyota is its guiding principles. There are five main principles: always be faithful to their duties, thereby contributing to the company and to the overall good, always be studious and creative, striving to stay ahead of the times, always be practical and avoid frivolousness, always strive to build a home-like atmosphere at work that is warm and friendly, and always have respect for God, and remember to be grateful at all times (Toyota Motor Corporation, 2010). These principles install an ethical standard by which the company operates. The ethical standard of the five principles are incorporated into the ââ¬Å"CSR POLICY: Contribution towards Sustainable Developmentâ⬠(Toyota Motor Corporation, 2010). The CSR is a statement about Toyotaââ¬â¢s relationship with parties connected or with businesses involved with the corporation. These parties are listed ascustomers, employees, business partners, shareholders, global society, and local communities(Toyota Motor Corporation, 2010). Through the CSR, Toyota sets ethical standards for its corporate relationships. Until its recent crisis, Toyota was viewed as highly ethical in regard to responsibility to people and the environment. Management is morally aware of its current unsafe vehicle situation. Planning will likely incorporate theà elimination of the unsafe system and the incorporation of new safety standards and procedures. The CSR states, ââ¬Å"Based on our philosophy of ââ¬Å"Customer Firstâ⬠, we develop and provide innovative, safe and outstanding high quality products and services that meet a wide variety of customersââ¬â¢ demands to enrich the lives of people around the worldâ⬠(Toyota Motor Corporation, 2010). Management has had to organize press conferences to explain to consumers about what was happening. Organizing such conferences shows a corporation that strives to be socially responsible to customers and their safety (Bateman & Snell, 2009). Toyota put an ââ¬Å"ecotechnologiesâ⬠division together and developed a ââ¬Å"hybrid electric-combustionâ⬠automobile (Bateman & Snell, 2009). Managementââ¬â¢s efforts are not all forgotten. Continuing to lead the company in offering environmentally responsible products will continue to be a goal. If ethics are implemented in the correct way, Toyota will maintain its integrity (Bateman & Snell, 2009). Management will control efforts to stabilize the company by monitoring new action plans put into effect for the resolution of the vehicle safety issues they face. Toyota has faced a mass recall. Toyota needs to consider external and internal factors such as globalization, technology, innovation, diversity, and ethics, and how those factors will affect planning, organizing, leading, and controlling. Then they can begin new strategic planning to overcome their current crisis.
Methodology Dissertation Example | Topics and Well Written Essays - 2750 words
Methodology - Dissertation Example Methodology Qualitative research methodology gives a detailed picture of the data that needs to be a part of the research (Adler 1994). Due to qualitative methodology, the information that needs to be incorporated in the research is descriptive and informational. According to Merrigan and Huston (2004), the qualitative research method functions fine at the preliminary phases of a project as it permits the researcher to bring together information in a way that is evocative and coarse. It is also said that by employing qualitative means, the researcher is not capable to have an unchanging or wholly distinct plan; he may only have an approximation about the plan of the project (Ader, Mellenbergh and Hand 2008). The researcher is capable to identify about the upshot of the project or some measurement of the project with the passage of time, as he constantly employs the qualitative approach for compilation of data (Patton 1990). 1.1 . Research Methodology Qualitative research method and quantitative research methods are very influential in terms of collection of suitable data for any kind of research. Qualitative methods for data collection are used to gather qualitative data. The techniques that are employed for data collection through qualitative methodology are qualitative interviews that are also called in-depth interviews, direct observation, case studies, literature reviews and focus groups (Adler 1994). Qualitative research techniques are used for many educational disciplines for gathering of suitable research data required for the research. These disciplines include history, sociology, anthropology, geography and other social disciplines. (Adler 1994). It is not essential that qualitative research methodology is necessarily adopted for the above-mentioned disciplines but it suits these disciplines more as compared to other disciplines. The restrictions and peripheries of any research can be clearly recognized with the help of qualitative research (Patton 1990). Quantitative research method is used for collection of quantitative data. As far as qualitative research techniques are concerned, they are used for collection of data or information that is uncountable and descriptive but quantitative research techniques gather data or information in a countable order as the collected data is in numeric format. Like qualitative methodology, quantitative methodology also suits some disciplin es or educational areas. These disciplines include accounting, physics, taxonomy, statistics and social sciences (Roessner 2000). The data collection techniques used in quantitative research methodology are with the help of survey forms, tabulations, questionnaire designing, statistical model designs and much more (Roessner 2000). Survey forms and questionnaires are much more used as compared to other techniques of data collection and gathering as they are much convenient to develop and distribute for numeric data collection. The objectives associated with a research are already known to the researcher and he/she works in according to a set plan (Saris and Gallhofer 2007). According to Saris and Gallhofer (2007), the researcher is already aware that the data will be gathered in shape of number format and can be easily employed for statistical evaluation for progress in the research. 1.2. Qualitative Research Method According to Byram and Feng (2006), ââ¬Å"
Tuesday, August 13, 2019
Group Media Assignment Essay Example | Topics and Well Written Essays - 1000 words
Group Media Assignment - Essay Example As a result, the oil and gasoline prices have plunged down significantly. The focus of the world has been on the United States since it is providing half of the total reserves that are to be released and the US government too has been proactive in justifying its decision; proclaiming that the move was not based on any political motives. Though this decision has faced a great deal of criticism from all corners, the US believes that the release would help in lessening the gap between demand and supply of oil. The article is very appositely related to the concepts of Demand and Supply. Before the political explosion in Libya, the supply and demand of crude oil were relatively stable and a reasonable equilibrium existed between price and quantity, but as soon as the oil production in Libya cut down, the supply fell tremendously, whereas the demand remained almost unchanged. This led to a higher equilibrium price and lower quantity. Now, with oil being released by US and its allies, the s upply would rise to counter the demand. The current decline in oil prices is its confirmation. The reduction in the supply of crude oil from Libya can also be understood in terms of the effects of one of the Supply determinants, namely Number of Suppliers. Since the number of crude oil suppliers in the world are limited, so when Libya, which is one of the major suppliers, departed from the scene, the supply automatically plummeted. Moreover, the demand remained unchanged due to an important Demand determinant, namely Price of Related of Goods. Since, crude oil has numerous complements whereas nearly no substitutes its demand never fell. (400 words) China Investigates Pricing by 2 Broadband Companies The article ââ¬ËChina Investigates Pricing by 2 Broadband Companiesââ¬â¢ by Barboza (2011) published in the New York Times reports about the monopolistic behavior of two of the largest government owned telecommunication firms, China Telecom and China Unicom. With regular grievances from customers that the two companies overcharge them and deliver comparatively low speeds for Broadband Internet, the National Development and Reform Commission has decided to examine whether the companies have violated the Antimonopoly Law. Analysts believe that this enquiry has come about mainly due to consumer pressure because in China, the state has always supported oligopolies with little contest and huge profits. Li Qing who works as the deputy director of the bureau of price monitoring and antimonopolization at the National Development and Reform Commission reported the fact that combined revenues of Telecom and Unicom were $10 billion in 2010 and greater than 66% of the market share belonged to the two giants. Zhang Bin, a telecommunication expert provides a different view, saying that the government did try to create competition in the industry among a few major firms; however, the outcome was not as expected and the oligopoly continues to thrive. The article pertinently relates to the concept of oligopoly. Since there are only two companies, Telecom and Unicom, involved in the oligopoly, hence, it can also be called a duopoly. These two giant telecommunication companies satisfy all the characteristics of an
Monday, August 12, 2019
My Religion Lab Assignment 4, Thirteen Principles of Faith
My Religion Lab 4, Thirteen Principles of Faith - Assignment Example The second principle listed above pertains to the unchanging nature of the Torah. The ninth principle states that the Torah will always remain unchanged. The Jewish view the Torah as the law given to them by God through his prophet Moses. The Torah should not be altered in its state as it is a divine law ordained by God. No human being has any authority over adding, subtracting or altering the Torah from its original state. Jewish faith also believes that God will not change the law by giving them another Torah. One of the strongest principles of Jewish faith establish the place of Moses as a prophet of God. The principle asserts that Moses is Godââ¬â¢s prophet. Moreover, Jewish faith practitioners view Moses as the greatest of Godââ¬â¢s prophet to have ever existed in the history of their faith. The supremacy of Moses is established by his role in leading the Israelites out of slavery in Egypt through Godââ¬â¢s divine guidance. Furthermore, God gave the Torah to Moses who then passed it to the people. The Torah became Godââ¬â¢s law and Moses Godââ¬â¢s greatest practices. These principles affirm the fundamentals of Jewish
Sunday, August 11, 2019
Diary of a medical mission Term Paper Example | Topics and Well Written Essays - 250 words
Diary of a medical mission - Term Paper Example There should also be no crowding at the shelter and patients should be educated on the first signs of deadly diseases so as to contain earlier. The secondary intervention would include measures such as carrying out thorough screening on people showing signs and symptoms of diseases such as high blood pressure, parasitic infections, Tb and other diseases. This is carried out so as to treat the diseases and contain its outbreak. Tertiary prevention would include slowing down the pain related to fracture sand other deadly diseases like TB. It would also include preventing these diseases from causing other complications. These involve better surgeries and requesting for new medications. Stroke patient should also be given both occupational and physical therapy. The interventions measures highlighted above would be carried out as early as the 1st phase, and throughout 5th phase. This is because mitigation preparedness response and recovery map the all three levels and each of them is encountered at every phase. I would like working with local based agencies and cooperation and also incorporate local nurses because they have a better understanding of their people and environment. They can also easily notice symptoms of some diseases in their
Saturday, August 10, 2019
Physical security requirements Essay Example | Topics and Well Written Essays - 750 words
Physical security requirements - Essay Example uting to the problem are diverse; size of the building, anonymity inside the precincts of the building, contents of the building, characteristics of occupants, location and physical features. Every door in a tall building is supposed to have a working lock at all times for security of those using the different rooms. The doors and windows are supposed to be reinforced, fitted with intrusion alarms to whine away when someone intrudes in. lighting must be feasible at all times with a back-up generator in place just in case there is a power outage. Perimeters gates, fences and bollards are supposed to be erected all round to prevent unnecessary access by intruders. Physical security hardens a building and makes it inaccessible to the unwanted publics. Some offenders however see increased security as a threat to their ingenuity (Cofer, 2013). CCTV is a primary part of security of any building. Internet based CCTV can also be installed so that all security concerns about the building can be monitored elsewhere. This means that one does not have to be in the building to view the security concerns in it. It should however be noted that CCTV is quite open and seen and therefore interferes with the open offences that would have taken place. Once this is known, there is always a counter plan by the offenders. These should be erected in all possible places; the elevators, lobbies and along adjacent sidewalks. Three concepts address the aspect of physical design. Physical design determines the design of physical security. The first is creation of ââ¬Ëdefensible spaceââ¬â¢. Challinger (2008) stipulated that crime rate with reference to buildings increased as the number of floors increased. Situational crime prevention is also a fact under design of the building. A modification of environmental factors has to be made to reduce crime in the building. In the case of CPTED, all the workers in the building will be required to be aware of their situations and be responsible for
Friday, August 9, 2019
Compare two company Essay Example | Topics and Well Written Essays - 3500 words
Compare two company - Essay Example Charles Boot headed the efforts of company to obtain various government contracts during the war period. It is rather an achievement that 1000 military buildings and over 50 miles of roads were constructed within one year during Great War. During the years 1919 ââ¬â 1939 inter-war period, Henry Boot built over 80,000 houses which were more than any other contractor in United Kingdom. Henry Boot Plc under the leadership of Charles Boot developed Pinewood Studios at Heatherden Hall, Iver, Buckinghamshire during 1936, which was based on the layout and practice of USA film studio. The company acquired Baldry, Yerburgh and Hutchinson Limited and Flettons Limited and company started to undertake all types of construction work, large and small, both for the public and private sector. Companyââ¬â¢s turnover continued to increase in the areas of building and civil engineering which included long term contract for the National Coal Board and British Steel Corporation, railway engineerin g contracting, joinery manufacture and houses for sale. Henry Boot Plc formed subsidiary in the name of Banner Building Society to offer mortgages to general public for commercial and residential properties. The expansion of Henry Boot Plc continued with the acquisition of a foundry in Bingley, West Yorkshire in 1974 and during 1976 the company saw an increase in overseas work initially with the collaboration of Hong Kong based Gammon in supplying and laying the tracks for Mass Transit Railway System followed by à £13 million railway sub-contract on the Kowloon-Canton Railway in Australia. Later, Henry Boot Plc acquired Thos W. Ward (Railway Engineers) Limited of Sandiacre in order to strengthen the groupââ¬â¢s railway engineering activity which was followed by the prestigious Queenââ¬â¢s Award for Export Achievement. The companyââ¬â¢s core activities are property development, land management, construction and plant hire. Presently Henry Boot Plc is
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