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MGT526_v1_wk2_Applyworksheet.docx

MGT/526 v1

Wk 2 – Apply: Organizational Analysis

MGT/526 v1

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Wk 2 – Apply: Organizational Analysis

Part 1: Organization Information

Organization

Define your chosen company and its industry.

My chosen company for this assignment is Toyota motor company. Toyota is one of the leading auto manufacturers globally. Toyota company deals with the manufacturer and sale of motor vehicles. Toyota company produces mid-size, luxury and specialty cars, it also manufactures recreational and sport-utility vehicles, pick trucks and business. Apart from vehicles, Toyota company has also extended its fields in housing, financial services as well as telecommunication and information technology. Toyota company is in the automotive industry.

Mission and Vision

Identify the mission and vision of the organization.

Mission

To attract and attain customers with high-valued products and services and the most satisfying ownership experience in America.

Vision

To be the most successful and respected car company in America

Organizational Initiatives

Outline 1-2 major initiative for this organization. What are they currently doing to support these initiatives?

The first initiative for Toyota company is growth initiative. To support this initiative, Toyota motor has signed an agreement with KDDDI Corp that will enable them to jointly develop a connected car technology. The agreement will help the company to establish a strong relationship with KDDI Corp.

Another Toyota company’s initiatives is to reduce the emissions of CO2 from their vehicles. The company is trying its best to reduce the emission of carbon monoxide from its vehicles though improved fuel efficiency and the use of hybrid technology and electricity. To support this initiative, of reducing CO2 emissions through innovative projects that are meant to cut energy and fuel consumption and increase the use of renewable energy.

Organizational Plans

Describe the plans employed by the organization. Determine which types of managers create each type of plan.

Type of Plan

Description

Type of Manager

Strategic plan

To advance management basing on the company’s vision of the future mobility society of 2030.

Strategic manager

Operation plan.

The operational plan of Toyota company is to manufacture, sale, lease and repair motor vehicles, industrial vehicles, ships aircraft as well as other transportation machinery and apparatus.

Operations manager.

Tactical plan

Tactical plan for Toyota is to provide a guideline for conducting and coordinating development, research marketing and all business activities in the motor industry

Tactical manager

SWOT Analysis

There are various factors within the external environment of an organization that impacts its strategy.

Analyze the organization’s SWOT analysis. Identify the internal and external factors. Include a link to the SWOT analysis in the Reference section of this worksheet.

Internal Factors

Core competency; Toyota has the ability automobiles of great quality and sales at the best prices. This makes the company to provide the value for money.

Competent staff at Toyota has given it its value for the investments it makes on them. they produce high quality services and products.

Toyota has an innovative production practices that enhances its core competence of quality.

Distinctive competency is another internal factor of Toyota company. The distinctive competence for Toyota is known as Toyota production system.

External Factors

Demographic factors- Toyota models such as Prius poses some of the demographic factors to the company as they appeal to generation Y. these models have comfort with computers, digital technology and overall technical advances.

Economic environment forms another external factor. The economic environment affects the purchasing power of consumers for Toyota products.

Another external factor is competition from other companies such as tesla company.

Technological environment is another factor affecting Toyota as it is forced to manufacture electronic vehicles to suit into the current technological world.

Part 2: Evaluation

The Unmet needs of Toyota company include: the manufacture of electric vehicles. Toyota has plans to manufacture electric vehicles in order to compete effectively on the market. Also, the company aims at manufacturing electric vehicles as a way of reducing the emission of carbon monoxide by the type of vehicles it produces to take care of the environment.

Another unmet need for Toyota company is the expansion of the market. Toyota has to expand its market by having production plants in more countries, this will increase its market base and competitive advantage over other companies in the same industry.

Competitive advantage: according to the SWOT analysis I used for this assignment, another business that produces similar products as Toyota that can be referred to are: Nissan, Ford, Hyundai, Honda, Volkswagen, General motors, Maruti Suziki, Mitsubishi and PSA.

A competitive business initiative that can be carried out by Toyota company is starting the manufacturer of electric vehicles. This is because, at the current technological world, things are moving so fast and car manufacturing companies are now manufacturing vehicles that use electricity instead of oil. This will give Toyota an added advantage as its products are already well known on the market globally.

Timeline that will be used to implement the solution:

2021 plan for electric vehicle 2022 plan

20 electric vehicles manufactured in 2022.

One-year plan-first two electric vehicle manufactured

References

Include a link to the SWOT analysis.

Copyright 2020 by University of Phoenix. All rights reserved.

Copyright 2020 by University of Phoenix. All rights reserved.