IDEAS home Printed from https://ideas.repec.org/a/scm/ejafbu/v10y2022i3p96-102.html
   My bibliography  Save this article

Toyota Motor Co Global Position: Vision, Prudence And Continuous Innovation

Author

Listed:
  • Nicolae-Florin PRUNÄ‚U

    (Stefan cel Mare University of Suceava, 720229, Romania)

Abstract

Toyota Motor Corporation was and remains the most successful integration group compared to other keiretsu groups. This is because she took over the position of reformist, innovative and revolutionary leader in the organization of production and customer relations since the 1960s and has managed to maintain this position until now. The various strategies applied by Toyota Motor Corporation over its seven decades of existence present it as not only a car company, it is the car company to which all Japanese manufacturers refer, but also the American and European ones. Toyota tops the list of both Japanese carmakers and the entire automotive industry in the world in terms of sales and profits.

Suggested Citation

  • Nicolae-Florin PRUNÄ‚U, 2022. "Toyota Motor Co Global Position: Vision, Prudence And Continuous Innovation," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 10(3), pages 96-102, October.
    • Handle: RePEc:scm:ejafbu:v:10:y:2022:i:3:p:96-102
    as

    Download full text from publisher

    File URL: http://www.accounting-management.ro/getpdf.php?paperid=30_13
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fujimoto, Takahiro, 1999. "The Evolution of Manufacturing Systems at Toyota," OUP Catalogue, Oxford University Press, number 9780195123203, Decembrie.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yujiro Hayami, 2009. "Social Capital, Human Capital and the Community Mechanism: Toward a Conceptual Framework for Economists," Journal of Development Studies, Taylor & Francis Journals, vol. 45(1), pages 96-123.
    2. Vincent FRIGANT & Stéphanie PERES & Stéphane VIROL, 2012. "How do SMEs to rise at the top of the supply chain? An econometric exploration of the French auto industry (In French)," Cahiers du GREThA (2007-2019) 2012-16, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    3. Benjamin Lev, 2000. "Book Reviews," Interfaces, INFORMS, vol. 30(2), pages 112-121, April.
    4. Yamamoto, Satoshi & Kan, Viktoriya & Bartnik, Roman, 2018. "Going Abroad to Innovate? The Role of Entrepreneurial Orientation in Foreign Business Expansion for Japanese Small and Medium-Sized Manufacturers," CIS Discussion paper series 668, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    5. Tawse, Alex & Patrick, Vanessa M. & Vera, Dusya, 2019. "Crossing the chasm: Leadership nudges to help transition from strategy formulation to strategy implementation," Business Horizons, Elsevier, vol. 62(2), pages 249-257.
    6. Josh Whitford & Francesco Zirpoli, 2014. "Pragmatism, Practice, and the Boundaries of Organization," Organization Science, INFORMS, vol. 25(6), pages 1823-1839, December.
    7. Young Won Park & Junjiro Shintaku, 2022. "Sustainable Human–Machine Collaborations in Digital Transformation Technologies Adoption: A Comparative Case Study of Japan and Germany," Sustainability, MDPI, vol. 14(17), pages 1-20, August.
    8. Arne Fevolden & Terje Grønning, 2010. "Combining Innovation and Capacity Utilization in High Throughput Systems: Moving Beyond the Product Life Cycle Model by Introducing Second-Order Innovations," Industry and Innovation, Taylor & Francis Journals, vol. 17(6), pages 609-628.
    9. Joseph O'Mahoney, 2007. "The Diffusion of Management Innovations: The Possibilities and Limitations of Memetics," Journal of Management Studies, Wiley Blackwell, vol. 44(8), pages 1324-1348, December.
    10. Vincent FRIGANT, 2011. "Egyptian pyramid or Aztec pyramid: How should we describe the industrial architecture of automotive supply chains in Europe?," Cahiers du GREThA (2007-2019) 2011-27, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    11. Krzywdzinski, Martin, 2021. "Lean Production in Germany: A Contested Model," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 507-528.
    12. Richard Gough & Malcolm Macintosh & Bob Park, 2006. "The Influence of Decentralized Bargaining Systems on the Introduction of Continuous Improvement Practices in Australian Automotive Components Companies," Asia Pacific Business Review, Taylor & Francis Journals, vol. 12(2), pages 209-224, April.
    13. Shawn Banasick & Robert Hanham, 2008. "Regional Decline of Manufacturing Employment in Japan during an Era of Prolonged Stagnation," Regional Studies, Taylor & Francis Journals, vol. 42(4), pages 489-503.
    14. Pearce, Antony & Pons, Dirk, 2019. "Advancing lean management: The missing quantitative approach," Operations Research Perspectives, Elsevier, vol. 6(C).
    15. Chongwoo Choe & Shingo Ishiguro, 2022. "Relational Contracts and Hierarchy," Monash Economics Working Papers 2022-08, Monash University, Department of Economics.
    16. Olejniczak Tomasz & Itohisa Masato, 2017. "Hybridization Revisited: New Insights from the Evolutionary Approach," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 25(2), pages 43-62, June.
    17. Genjiro Kosaka & Koichi Nakagawa & Seiji Manabe & Mizuki Kobayashi, 2020. "The vertical keiretsu advantage in the era of Westernization in the Japanese automobile industry: investigation from transaction cost economics and a resource-based view," Asian Business & Management, Palgrave Macmillan, vol. 19(1), pages 36-61, February.
    18. Peter E. Johansson & Christer Osterman, 2017. "Conceptions and operational use of value and waste in lean manufacturing – an interpretivist approach," International Journal of Production Research, Taylor & Francis Journals, vol. 55(23), pages 6903-6915, December.
    19. Barbara Fuchs, 2007. "Learning from Toyota: how action learning can foster competitive advantage in new product development (NPD)," Action Learning: Research and Practice, Taylor & Francis Journals, vol. 4(1), pages 25-43, April.
    20. Stefano Costa & Stefano De Santis & Giovanni Dosi & Roberto Monducci & Angelica Sbardella & Maria Enrica Virgillito, 2021. "From organizational capabilities to corporate performances: at the roots of productivity slowdown," LEM Papers Series 2021/21, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:scm:ejafbu:v:10:y:2022:i:3:p:96-102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Liviu Scutariu (email available below). General contact details of provider: https://edirc.repec.org/data/feusvro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.