Toyota

Executive Summary

Over the Financial Year of 2006, Toyota Motor Corporation is Australia’s largest vehicle exporter, exporting 81,326 cars to more than 20 different markets. The President and CEO Max Yasuda has seen considerable changes within the business from internal and external influences; such as economic influences, social influences, environmental factors, technological developments, to different management styles and structures. Through the use of; effective strategic planning, efficient problem solving and decision making and the flexibility to adapt to change, Toyota Motor Corporation has been able to successfully consolidate its position as Australia’s largest vehicle exporter, while achieving a net profit of $184.3 million.

Management Structure

Toyota Motor Corporation consists of an arrangement that provides increasing authority at higher levels of the hierarchy. This means that senior management have greater accountability, responsibility and power compared to those at lower levels of the pyramid (see diagram below).

Board of directors; CEO; CFO;CIO

Senior executives

Divisional managers

Middle management team

Team managers; Supervisors

Frontline management team

Management Style/Theory

*The Toyota Way (2 main pillars)

Challenge Form a long term vision, meeting challenges with courage and creativity to realise our dreams.

Kaizen We improve our business operations continuously, always driving for innovation and evolution.

Genchi Genbutsu Practice Genchi Genbutsu… go to the source to find the facts to make correct decisions, build consensus and achieve goals at our best speed.

Respect Respect others, make every effort to understand each other, take responsibility and do our best to build mutual trust.

Teamwork Stimulate personal and professional growth, share opportunities of development and maximise individual and team performance.

Guiding principles:

1 Honour the language and spirit of the law of every nation and undertake open and fair corporate

activities to be a good citizen of the world.

2 Respect the culture and customs of every nation and contribute to economic and social development

through corporate activities in the community.

3 Dedicate ourselves to providing clean and safe products and to enhancing the quality of life everywhere

through all activities.

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