Sample Business Case Studies Paper on Toyota Case Study

Toyota Case Study

Organizational structure

From the above diagram, the company has a centralized system of governance. The chairperson of the board is at the top of this structure and he/she is responsible for organizing and heading the board meetings. The president and his/her vice-presidents come next in the structure with the board members coming next. Below the audit and supervisory board, there are the managers for the five major regions under which the company has production units. The regional groups are mandated with improving the company’s products and creating more markets in their designated areas. Regional units are organized as depicted in the above structure except that the titles and roles change (Toyota 2015).  

Control system

In terms of control, the executive body comprising of the chairperson, board members and other senior members of the board control everything that is done in the company. Although they do not do this directly, they have the employees that do this on their behalf. For example, the president and his/her vice-presidents are mandated with implementing the decisions made by board members during the monthly and annual meetings. In addition, they are mandated with the daily running of the company. Nonetheless, before a major decision is taken, the board members have to convene meetings to decide on the way forward because the company is a public company. 

Financial Analysis

The first bar chart depicts the total net revenue for Toyota Company for the year 2013, 2014 and 2015 while the second bar chart depicts the net revenues for the company’s five main regions. The region marked others represent Africa and South America. In addition, the revenues represented in the bar chart are for the first nine months of the year and that explains why we have the 2015 revenue results.

As it can be seen from the chart, the company’s net revenues which is given in billion yens has been increasing on annual basis with Japanese region taking the lead followed by North America. The Asian region comes third while the European region comes fourth and other parts of the world come fifth. Although the chart only provides annual revenue for four years, it depicts the company’s financial performance. Based on this financial report, the company can be said to be one of the most successful companies in automotive industry because it has been able to make profit after incurring losses for some years (Hill, Jones and Schilling 238).   

Strategy and Technology

When the company started manufacturing, craft-based technology was widely applied in the company’s production system. However, this technology was ineffective in terms of producing the number of vehicles the company wanted to produce. In relation to this fact, the company has recently adopted a new technology known as CCC21 (Hill, Jones and Schilling 237). This technology involves continuous improvement of the production processes and ensuring that the company saves money by minimizing the cost of producing the new car models by about 30 percent. The technology also enables the company to minimize wastes and manufacture vehicles on time. With the help of this technology, the company takes time before implementing its new strategy. Accordingly, the company has been able to develop a technology that focuses its attention on the products that suit customers’ needs. This has helped the company to remain at the top of the industry.

Work Cited

Hill, Charles, Jones, Gareth and Schilling Melissa. Strategic Management: Theory & Cases: An Integrated Approach. Stamford: Cengage Learning, 2014. Print.

Toyota. Toyota global newsroom. Retrieved from http://newsroom.toyota.co.jp/en/corporate/companyinformation/officer