About toyota boshoku industrial profil and SWAT analysis

About SWAT analysis

1. II Jai Sri GurudevII Department of MBA Sri Adichunchanagiri Shikshana Trust SJB INSTITUTE OF TECHNOLOGY (An Autonomous Institute under Visvesvaraya Technological University, Belagavi Approved by AICTE, New Delhi, Recognized by UGC, New Delhi with 2(f) and 12 (B). Accredited by NAAC with ‘A+’ Grade, Accredited by National Board of Accreditation) No. 67, BGS Health & Education City, Dr Vishnuvardhan Road , Kengeri, Bengaluru-560060 SUBJECT- INTERNATIONAL BUSINESS [22MBA401] TOPIC - ADVANTAGES & DISADVANTAGES OF TOYOTA COMPANY OPERATING IN DIFFERENT COUNTRIES. PRESENTED BY: MAHENDRA RAHEENA M N SHIVAMMA TEJASWINI S YASHWANTH KUMAR L PRESENTED TO: DR HARSHINI C S ASSOCIATE PROFESSOR

2. 2

3. 3 INDUSTRY PROFILE TOYOTA BOSHOKU AUTOMOTIVE INDIA (P)LTD., TYPE PRIVATE INDUSTRY AUTOMOBILES SPARE PARTS FOUNDED 1998 HEADQUATERS Kariya city ,Japan. AREA SERVED India PRODUCT Manufacture and sales of automotive interior products OWNER SAKICHI TOYODA

4. 4 VISION To be the number one supplier in the Toyota Kirloskar Motors group, India, with respect to the Cost, the Quality and the Delivery. MISSION The company will try to foster the culture that improves the Individual creativity and the team work values. The company shall try to develop a culture that values the training and development and hence helps all the employees to have an opportunity to reach their potential. The company shall try to deliver the increased value to its customers and the stakeholders. The company shall try to promote total quality education as a culture.  

5. MCKENSEY’S 7S FRAME WORK The McKinsey 7s model is a strategic tool and framework that helps managers and businesses assess their performance 5 Hard Elements Soft Elements Strategy Shared Values Structure Skills Systems Style   Staff

6. 6 STRATEGY: The strategic direction and the overall business strategy for Toyota are clearly defined and communicated to all the employees and stakeholders. Competitive pressures Changing consumer demands STRUCTURE: Organizational hierarchy Toyota has a hybrid structure between centralization and decentralization. SYSTEMS: Toyota has defined and well-demarcated systems in place to ensure that the business operations are managed effectively and that there are no conflicts or disputes.  Toyota continually evaluates its systems through the designed controls. This monitoring of the performance is continual and ongoing.

7. 7 SHARED VALUES: Core values ( Creativity , Honesty , Transparency , Accountability , Trust , Quality , Heritage) STYLE: Participative leadership style. Toyota is able to engage and involve its employees in decision-making processes and managerial decisions.  SKILLS: Toyota has a commendable workforce, with high skills and capacities. Skill management Training & Development, workshops. STAFF: Highly motivated, diverse, focus on training.

8. SWOT ANALYSIS 8 STRENGTHS Well established system practices and procedures. Good relationship with customers. Good internal communications. Technologically advanced and skilled workforce. WEAKNESS Investments made in research and development area is usually low. High rate of interest for working capital. Communication gap between employees as they operate globally.

9. 9 OPPORTUNITIES They have Loyal customers. Government support. Increase in the standard of living. THREATS Competition in the Automobile Industry. Competition from other global leaders. Import of many Chinese products to the Indian markets. Technology costs are high.

10. 10

11. 11

12. 12 ADVANTAGES OF TOYOTA COMPANY OPERATED IN DIFFERENT COUNTRIES: Market Diversification: Expanding into new markets Economies of Scale : Cost Advantages ,Improve effeciency Access to New Markets: Targeting New Industries Innovation and Learning: Implementing new ideas & Acquiring new knowledge Global Brand Recognition: Brand achieved high level trust, loyalty.

13. 13 DISADVANTAGES: Cultural and Language Barriers: Regulatory and Compliance Challenges: Political and Economic Instability: Supply Chain Vulnerabilities: Currency Exchange Risks: High Operational Costs: Competition:

14. 14 CONCLUSION While the international expansion offers Toyota significant growth opportunities and strategic advantages, it also presents complex challenges that require careful management and strategic planning. Balancing these factors is crucial for sustained global success.

15. 15