Toyota: Understanding the Key to Success: Principles and strengths of a business model - Paperback

by María Daniela Pascual (Author)

Toyota is recognized as a successful car manufacturer based on its production and cost reduction systems. When analyzed in depth, the company's evolution is astonishing. The effect of the Lean Philosophy and its fundamental principles on Toyota's organizational systemic model is analyzed from an economic perspective. This study covers both the positive effects generated by the Toyota model at its three organizational structure levels and the collateral negative effects generated by the company's corporate strategy. - The conjunction of these effects gives rise to an integral transaction cost reduction with positive economic effects, a fact not sufficiently recognised by those who believe Toyota's success is simply the result of inventory control using the successful JIT system. Research and analysis of the Toyota case have been plentiful in many fields as diverse as production, marketing, business planning, and knowledge management., thecompany's work methods, its results, and the adverse conditions from which it has emerged so many times over its 75-year history have drawn the attention of researchers and businessmen. At Toyota something is wrong when workers do not look around every day, notice tedious or boring things, and then redesign the processes. Even the latest monthly manual could be out-of-date. Toyota's incredible success is a source for inspiration for many business leaders around the world. Be you one of them!

Author Biography

María Daniela Pascualis a Public Accountant. She holds a Bachelor in Administration, Universidad de Buenos Aires (UBA), and is a Ph.D. in Administration, Universidad Católica Argentina (UCA). In 1998, she obtained a Masters in Management (MSc) from e London School of Economics & Political Science (LSE). During the 1990s, she was an advisor to the public sector in the Ministry of Transport Privatization process. She was awarded a scholarship by JICA ( Japanese International Cooperation Agency) to study the Japanese railway system. In 2002, she was General Coordinator of the BIRF Loan 4423 for State Modernization, under the direction of the National Government Cabinet In 2003 she obtained a Masters in Strategic Management from the Universidad de San Andrés (Argentina). She is currently working on independent projects (PROINC) for the Secretary of Science and Technology, Universidad de Buenos Aires (UBACyT), and is a lecturer in the undergraduate course in General Management (UBA), and the postgraduate course in Economic and Organisational Management, (UCA).