Kiichiro Toyoda Case Study

1461 Words6 Pages
One of the advantages of a good car is its ability to perpetuate the name of its creator: in America - Henry Ford, in Japan - Kiichiro Toyoda. Back in the 20s of this century, the automotive industry's own Land of the Rising Sun did not have, although General Motors, Ford and Chrysler built on the territory of its assembly plants. However, this situation does not discourage enterprising Kiichiro Toyoda, who intended to start their own car business. His father left him a legacy of the textile company Toyoda Automatic Loom Works Ltd. The case brought a good income, and in 1933 with a capital of £ 100 000, the proceeds from the sale of British industrialists patents for spinning machines, Kiichiro opened a new branch in the company. It has been…show more content…
In an effort to maintain production, company management tried to maneuver, delaying salary payment. But this only caused a series of long strikes to further aggravate the situation. We had to radically change fiscal policy, which led to the emergence of Toyota Motor Sales Co. Lengthy negotiations with the trade unions helped to work out an agreement that suits both parties, although about 2,000 jobs still had to be cut. In the early 50s the company failed to attract significant investment - Toyota once again rose to his feet. It was introduced "the system offers", that encouraged employees of the company, to make a constructive ideas for improvement of the production cycle and technologies. The creator of enterprise-borne and Japanese automotive pioneer nenny Kiichiro Toyoda, died in 1952 when he created began flourishing offspring. By that time, accumulated experience, unlike other Japanese car companies, the Toyota did not buy licenses from foreign companies, and actively developed its own original designs. Studies have demanded larger appropriations, but a positive effect on the image, and most importantly - provide a technological breakthrough in the
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