Reference no: EM132420277
Unit 4 Management and Operations - HND in Business
Title - Toyota's Operational and Managerial Success
LO:1 Differentiate between the role of a leader and the function of a manager
LO:2 Apply the role of a leader and the function of a manager in given context
LO:3 Demonstrate an appreciation of the role leaders and managers play in the operations function of an organization
LO:4 Demonstrate an understanding of the relationship between leadership and management in a contemporary business environment
Business scenario (attached)
Toyota Motor Corporation (TMC) is one of the leading automobile manufacturers in the world. The name itself inspires trust in the brand and for many people around the world, purchasing a vehicle manufactured by Toyota is also a sound investment. In 1933 Toyoda Automatic Loom Works, Ltd established the Automobile Department. In 1935 the first A1 prototype passenger car and the G1 truck were made at HI node Motors (Company, 2011).
Assignment Brief
In a report (should include critical evaluation), you accomplish the following.
- Define and compare different roles and characteristics of leader and manager in terms of effectiveness and efficiency.
- Analyse and differentiate leading and managing roles by applicable theories of management and leadership keeping in view that in high performing work organization leading and managing are inseparable.
- Examine and apply the theories and models of situational leadership, system leadership and contingency applicable to Toyota's operational excellence
- Examine the strengths and weaknesses to appraise different approaches Toyota applied in within work environment to bring change on overall organizational level to improve system and processes.
- Explain and Evaluate the key approaches and importance of leaders and managers in Toyota in managing operations management such as TQM, Lean production, Kaizen and Six Sigma in production system to achieve business objectives.
- Assess the factors within the contemporary business environment that widely impact upon operational and managerial decision making in terms of:
- Core values, Ethics and corporate social responsibility
- Organizational culture
- Relationship with stakeholders
Attachment:- Management and Operations.rar