toyota principles of mangement
DESCRIPTION
This is a Presentation made by my team From sybms batch 2 of mcc college for the Principles of Management subject, we have tryed to cover almost all aspects of Toyota. Special emphasis has been made on Lean Production & Toyota Process, priciples. It also includes in detail there Market Share, CSR, Finaancial status as on 31.03.08.I will appreciate your feedback, it may include any comment or for any further improvement in it.Thank you.TRANSCRIPT
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Presented By Group 9
• Anchal Singh• Lalit Varma• Adithi Shetty• Amrit Jain• Pramod Patil• Bhavna Shinde
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Sakichi Toyoda
• Founder of Toyota Group.
• Toyoda Automatic Loom Works.
• Japans “King Of Inventors”
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Kiichiro Toyoda
• Founder of Toyota Motor Corporation, 1938.
• How..?????
• Toyoda to Toyota
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Toyota first Power Loom
Toyota’s 1st Car -Model AA
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World War II
• During World War..
• Hard-time
• How the Company overtook this problem.??
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Just -In-Time
•Take Time Planning.
•Continuous Flow
•Quick Changeover
Jidoka
•Highlighting
•Visualization of problems.
•Solve Root cause of Problems.
Toyota Production System
Toyota
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•Lean Production
•One – piece – Flow
Toyota Production System
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Lean Production
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One Piece Flow
• Build In Quality• Creates Real Flexibility• Creates Higher Productivity• Frees Up Floor• Improves Safety• Improves Morale• Reduce Cost Of Inventory
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Toyota Process
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Philosophy
• Honor• Respect• Dedicate• Create• Foster• Pursue• Work
Base Management Decision on Long term PhilosophyEven at the expense of short term financial goals….
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• Over Production
• Unnecessary Transport & Conveyance
• Over Processing
• Excess Inventory
• Defects
• Unused Employee Creativity
Create Continuous Process Flow to bring problems to surface..
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• Grow leaders who thoroughly understand the work, live the philosophy, & teach it to others.
• Developing Excellent Individual
work while promoting effective
team work.
• Developing team in Toyota: Not a one minute Proposition
People & Partners
Add value To The Organization By
Developing People & Partners.
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At Toyota, everything we learned about motivation theory is right.
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Motivation Theory
Concept Toyota Approach
Maslow Need Hierarchy Theory.
Satisfy Lower level needs & Move employees up the hierarchy towards self actualization.
Job security, good pay, safe working condition, satisfy lower level needs. Culture of continuous improvement supports growth towards self actualization.
Herzberg’s Job Enrichment Theory.
Eliminate “Dissatisfies” (hygiene factors) & design work to create positive “Satisfiers“ (motivators).
Ergonomics programs, Visual Management, Human Resource policies, Address hygiene factors, Continuous Improvement, Job rotation & Built in feedback support motivators.
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• Genchi Genbutsu.
• Thorough Consideration In decision making.
• Identify the root cause & Develop Counter Measure.
Problem Solving
Continuously Solving Root
Problems Drives Organizational
learning.
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Toyota Market
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Global Market Share
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Pioneering Technology
• In 1960-70, Toyota was the pioneer to produce Light weight vehicles.
• Also, a Pioneer to invent “HYBRID SYNERGY DRIVE”.
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How hybrid Synergy Drive Works..??
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Prius
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• Largest Selling Hybrid car all over World.
What can a Million Prius add up to..??
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Toyota Hybrid Cars
Toyota Camry
Toyota HighlanderToyota Prius
Lexus GS
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Year Awards
2003 Toyota success in German J.D. Power and Associates Customer Satisfaction Index Study
2004 Toyota Prius wins 2005 European Car of the Year
2005 Hybrid Synergy Drive rewarded for its excellent fuel economy
2006 Third year of International Engine of Year awards for Prius
2007 Euro NCAP awards all-new Corolla 5 star safety rating
2008 Honors for Toyota in the 2008 International Engine of the Year Awards
Achievements
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Financials
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Year Net Revenues (Yen in millions)
% increase
2005 18551526 -
2006 21036909 13.40 %
2007 23948091 13.84 %
2008 26289240 9.77 %
Net Revenues
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year Net Income (Yen in Millions) % increase
2005 1171260 -
2006 1372180 17.15%
2007 1644032 19.81%
2008 1717879 4.5%
Profit
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Dividends
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Operating Income by Business Segment
(100 millions of yen)
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Operating income by region
(100 millions of yen)(100 millions of yen)
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Brand Percentage Ownership
Market
Daihatsu Subsidiary (51.36%)
Global, Except North America
Hino Subsidiary (50.21)
AsiaPacific, South America, Canada
Lexus Division (100%)
Global Apart From South America
Scion Division (100%)
United States
Subsidiary & Division
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Joint venture With Place
Toyota Peugeot Citroen Automobile.
PSA Peugeot Citroen. Kolin,Czech Republic
Indus Motors Company House of Habib Karachi,Pakistan
NUMMI GM Fremont,California
Toyota Kirloskar Motor Pvt. Ltd.
Kirloskar Group Bangalore,India
Joint Venture
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Toyota Social Contribution
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• Forest of Toyota (Coexistence with people & nature)
• Beating the desert.
• Toyota Eco Youth.
Environment
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Traffic Safety
• Safety For Generations
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Arts culture And
Community Care
•Toyota Automobile Museum
•Toyota Upgrading Talents.
•Toyota Commemorative Museum of Industry & Technology.
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• Toyota Technology Challenge.
• Toyota Family & School Programs.
Education
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Worldwide Social Activities
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Toyota-India
Mr. H Nakagawa
, MD
Mr. M Kawabata, DMD
Vikram S Kirloskar
Vice-Chairman
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Toyota Kirloskar Motor Pvt. Ltd
Date Of Establishment October 6, 1997
Chairman Mr. Ryoichi Sasaki
Vice Chairman Mr. Vikram S Kirloskar
Managing Director Mr. H. Nakagawa
Deputy MD's Mr. M. KawabataMr. S. Tomonaga
Paid-In Capital Rs. 7 billion
Shareholders Toyota Motor Corporation (89% equity) Kirloskar Group (11% equity)
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Fuji Cho, Chairman of the
board.Toyota Motor Corporation.
Katsuaki Watanabe, President of Toyota Motor Corporation
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Toyota Headquarters - Japan
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Toyota Pavilion - Japan
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Current Corporate Profile
Company name Toyota Motor Corporation
Established November 18, 1926
Head office 2-1, Toyoda-cho, Kariya-shi, Aichi Prefecture 448-8671 JAPAN
President Katsuaki Watanabe
Chairman Fuji Cho
Business activities Manufacture and sales of textile machinery, automobiles, materials handling equipment, etc. as well as logistics business, etc.
Net sales 12,079,264 Yen In Millions
Operating income 2,270,375 Yen In Millions
Net Income 1717879 Yen In Millions
Employees 316,121
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Thank You.