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Management
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Research Paper
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Topic:

Profile of a stuggling company (toyota). Management Research Paper

Research Paper Instructions:

The final project for this course is the creation of a decision-making and principles of management paper.
As you continue on your path to earn a degree in business administration, you will deepen your understanding of how effective management is a crucial aspect of
overall business success, especially in today’s complex business world. As business and society continue to evolve, there will continue to be demand for managers
who are able to organize their resources and strategically implement the functions of management to achieve the goals of an organization.
The final paper for the course is divided into two parts: Final Project One and Final Project Two. Both parts of the assessment will focus on decision making and
the fundamental principles of management.
In Final Project One, you selected a successful company from the list provided in the Final Project One Document. You analyzed the company’s best practices and
effective implementation of the fundamental principles of management.
In Final Project Two, with the help of your instructor, you will select a struggling company from the list provided below. You will analyze the company’s ineffective
implementation of the fundamental principles of management. Once you analyze the struggling company, your task will be to make recommendations for a
management improvement plan explaining how the company’s management team can improve in areas such as decision making, employee performance, and
sustainability. Final Project Two consists of the selection of the struggling company (a non-graded task due in Module Five) along with one milestone, which will
be submitted to scaffold learning and to ensure quality final submissions. This milestone will be submitted in Module Six. Final Project Two will be submitted in
Module Eight.
In Final Project Two, you will demonstrate your mastery of the following course outcomes:
 OL-215-01: Analyze how an organization’s goals influence organizational planning that informs strategic decision making
 OL-215-02: Analyze the functions of management and ethical principles for executing effective decision making in organizations
 OL-215-03: Apply management techniques that ensure the continuous improvement of personnel and business processes to measure organizational
performance
 OL-215-04: Apply communication techniques aimed at increasing employee performance, thus achieving organizational goals and objectives
 OL-215-05: Illustrate the important connection between management and organizational culture
Prompt
The general manager has reviewed your analysis of a successful company and was impressed with your work. As a result, you have been asked to provide
recommendations for a management improvement plan for a struggling company.
For the second part of the final project, you will focus on a struggling company and make your recommendations in a management improvement plan. Be sure to
focus on the company at the time of their struggle. Your recommendations will show how management performance, employee perception, and organizational
success intersect. You must select a company from this list of suggested companies. Resources related specifically to the struggling companies listed are provided.
Toyota (specific to recalls over the last decade)
 Toyota.com
 What Really Happened to Toyota?
 Can Toyota Recover Its Reputation for Quality?
WorldCom
 Ex-WorldCom CEO Ebbers guilty
 WorldCom Accounting Scandal
Enron
 Enron Case Study
 Enron Scandal (4:48)
Motorola
 What Happened to Motorola
 10 Reasons Why Motorola Failed
Eastman Kodak
 Kodak Moments Just a Memory as Company Exits Bankruptcy
 Kodak CEO Talks Company’s Future
 Eastman Kodak Files for Bankruptcy
Specifically, the following critical elements must be addressed:
I. Profile of a Struggling Company
a. Assess how the management planning practices interfere with or prohibit the organization’s ability to optimally function. You could
consider using the fundamental principles of management in your explanation.
b. Describe how the employees’ perception and organizational culture have been impacted by management’s performance. You could
consider the connections between management and its impact on culture.
c. Explain how communication has played a part in management’s inability to increase employee performance. You could consider the
connections to specific communication barriers that exist within the organization.
II. Management Plan Recommendations: For this section of the summative assessment, you will make recommendations for the
management improvement plan.
a. Describe how implementing the fundamental principles of management will help to improve the management process within
your company. You could consider the factors that interfere with or prohibit effectivemanagement.
b. Identify how aspects of the fundamental principles of management will be implemented and communicated to all personnel
within the company. You could consider thinking about this from a training standpoint.
c. Describe how the application of the fundamental principles of management will lead to increased employee performance. You
could consider what needs to improve the most to help increase employee performance.
d. Explain how applying ethical principles to the fundamental principles of management would be sustained and monitored by the
company. You could consider using the rational decision-making model to show how this process can help with ensuring long-term
success.
III. Conclusion: For this section of the summative assessment, you will provide a summary of your recommended changes to the management
improvement plan using examples revolving around the fundamental principles of management.
a. Summarize how these management changes, based on the fundamental principles of management, will help to ensure organizational
success. Be sure to provide examples of how these changes will have the most direct impact.
Milestones
Milestone One: Profile of a Struggling Company
In Module Six, you will submit a one- to two-page document that will provide a profile of your chosen struggling company. This milestone will serve as a rough
draft and must cover the three critical elements in Part I of Final Project Two. You are expected to provide a minimum of two to three paragraphs for each of the
three critical elements, which include: management planning, employee’s perception and organizational culture, and communication. This milestone w

Research Paper Sample Content Preview:

PROFILE OF A STRUGGLING COMPANY (TOYOTA)
Student’s Name
Institutional Affiliation
PROFILE OF A STRUGGLING COMPANY (TOYOTA)
The emerging business markets are unusual and highly competitive. Even the most successful company like Toyota will struggle to fit in due to contemporary and emerging demands regarding quality, connectivity, efficiency, the need for almost zero emissions from motor vehicles and affordability, amongst others. Notably, Toyota has done remarkable work by ensuring product quality, process innovation, and guaranteeing clients’ value for their money. However, the firm still faces the daunting task of adapting to emerging quality and customer needs. There are instances where Toyota management may have failed to provide proper leadership, and this may underpin the critical troubles that face the firm.
Toyota has been accused of failing to give the necessary attention to motor designs and tests. As a result, safety issues have been of great concern due to unsafe driving, for instance, acceleration challenges in the firm’s cars and gas pedal glitch. Millions of cars have been recalled from the market, citing technical issues, and some sales of particular models halted (Camuffo & Wilhelm, 2016). These challenges highlight a possible organization and management failure.
Due to high ambition to control the market and ward off competition, Toyota embarked on a massive expansion, especially across the U.S, by establishing multiple units of production and manufacturing operations. This action was in contrast with the historical tradition of Toyota, where manufacturing activities were centered at one point, which allows the firm to give maximum attention to all production processes and to take control. The expansion was relatively a hasty decision done by management without considering how they could control and maintained technical ties with the suppliers. The lack of flexibility in the firm may have partly contributed to the firm’s hiccups in production. Toyota is relatively bureaucratic and rigid; when it established production and marketing units in the U.S, these new territories were supported to report directly to Japan. Toyota tends to deploy executive management of Japanese origin even in international markets like the U.S, makes the creation of new relationships and ties in the foreign markets challenging to navigate. Some people have accused Toyota of having we...
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