The corporation has introduced an improvised system of corporate strategic management whose focus is on prioritizing on prompting decision making aimed at developing their global strategy as well as hastening operations. The corporation has an in – house long- standing councils and committees that are charged with the responsibility of monitoring as well as discussing corporate management activities based on the viewpoints of their stakeholders. They do this in a bid to ensure that there is a heightened transparency besides fulfilling social obligations.
The international motor maker’s corporate strategy includes a culture that puts great importance on solving problems and taking preventive measure so that they give the right information to the operations management department which translates these decisions into production. This is to say that these two critical areas work hand in hand in the company’s endeavor to satisfy customer needs. The operations management department on its part has the approach of building in quality using the manufacturing processes and also through the enhancement of quality of the operations of every day besides the strengthening of corporate governance.
When it comes to the area of operations management, the management team and its workforce conducts operations and makes decisions that are founded
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The current system of management encompasses a wide range of operational functions throughout the entire production workforce, the directors who in this case are the chief officers and they serve in the capacity of the supreme authorities of the precise operational functions whereas non – board managing directors serve the purpose of actually implementing the operations. 2. Critical evaluation of ways in which Toyota operates in the area of corporate strategy and operations management.
Toyota Corporation’s operation and strategic management teams are quite distinctive, a system that has its basis on the corporation’s philosophy and policy as well which emphasizes developments where the actual production takes place. This system is very effective in making sure that when it comes to on – site operations, the management makes decisions directly following the opinions of on – site personnel on issues to do with strategic management and they swiftly implement them into actual operations management decisions.