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Select a multinational firm of non-US origin.
Toyota – USE THIS COMPANY
For your initial post, respond to your reservation post by addressing the following items:
Provide an overview of the organization and include the firm’s strategy.

Which leadership style has been associated with the organization’s CEO or top official?  You may use a former CEO if you find more information on that person.

Is the leadership style appropriate for the cultural environment of the firm?  Identify any skills that the CEO possesses and any that need to be developed.

Defend the leadership style you would use if you were appointed CEO of the organization.
The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
Your posting should be the equivalent of 1 to 2 single-spaced pages (500–1000 words) in length.

Support your answers with examples and research and cite your research using the APA format.
Submission Details:
Due by 1/23/25 at 10:00pm CST

Requirements:
1. Make certain to include in text citations from your course text in addition to your outside leadership resources within your main  post. This adds credibility to your argument. [Textbook]: Lane, H. W., & Maznevski, M. (2014). International Management Behavior: Global and Sustainable Leadership (7th ed.). Hoboken, NY: Wiley. 978-1118527375
2. No plagiarism will be tolerated. Must be in 7th Edition APA format with cited sources within the last 5 years.
3. No AI support, score must be 0% and less than < 10% score on Turnitin

 

Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!

Step 1: Understand the Assignment

Start by reviewing your task thoroughly. You are tasked with analyzing Toyota, a multinational firm of non-US origin, focusing on the company’s strategy, leadership style, and the appropriateness of the leadership style within its cultural environment. You are also asked to defend the leadership style you would use as CEO. Make sure to follow these key steps:

• Overview of Toyota: Summarize the company’s history, size, market presence, and key business sectors.
• Strategy: Identify Toyota’s business strategy. You can consider elements like innovation, sustainability, customer-centric approach, or global expansion.
• Leadership Style: Investigate the leadership style of Toyota’s CEO or former top officials. Consider their approach to management, decision-making, and organizational culture.
• Cultural Environment: Evaluate whether the leadership style is suitable for Toyota’s cultural context, particularly in Japan, and how it aligns with the company’s values and global operations.
• Your Leadership Style: Conclude by describing the leadership style you would use if appointed CEO and why.

Step 2: Research Toyota and its Strategy

You’ll need to gather some background information about Toyota, including its mission, business strategy, and leadership. Use reliable sources like the Toyota website, press releases, and recent news articles.

• Toyota Overview: Toyota is a leading Japanese multinational automaker, recognized for producing reliable vehicles and its commitment to innovation.
• Toyota’s Strategy: Toyota focuses on sustainable mobility and innovation, working towards environmentally friendly technologies like hydrogen fuel cells, hybrid engines, and electric vehicles. The company emphasizes efficiency, quality, and customer satisfaction.

Step 3: Investigate the Leadership Style of Toyota’s CEO

Next, focus on the leadership style of Toyota’s CEO. As of now, Akio Toyoda is the President and CEO of Toyota. Research how he leads the organization and what leadership style he practices.

• Leadership Style: Akio Toyoda is known for his participative, transformational leadership style. He encourages employee involvement in decision-making and values innovation and continuous improvement. This approach is aligned with Toyota’s emphasis on quality and efficiency.
• Skills to Develop: While Toyoda’s leadership has been effective, the modern automotive industry’s rapid changes might require a stronger focus on digital innovation and global market expansion skills.

Step 4: Assess the Leadership Style’s Appropriateness for Toyota’s Cultural Environment

In this section, analyze whether the participative, transformational style aligns with the company’s cultural environment in Japan, where hierarchical and respectful leadership is often valued.

• Cultural Compatibility: Japan has a deep-rooted respect for hierarchy, which might suggest a more autocratic or top-down leadership style is preferred. However, Toyota’s focus on collaboration, respect for employees, and continuous improvement aligns with Japan’s collectivist culture, making Toyoda’s leadership style effective.
• Skills to Develop: A CEO must also adapt their leadership style to manage Toyota’s global presence, understanding cultural nuances and local market demands in different regions.

Step 5: Define the Leadership Style You Would Use

Now that you’ve explored the current leadership style, imagine yourself as Toyota’s CEO. What style would you adopt?

• My Leadership Style: As CEO, I would focus on transformational leadership to inspire innovation and foster a culture of continuous improvement. Additionally, a balance between participative and situational leadership would be beneficial, allowing flexibility in decision-making to respond to global challenges while maintaining a focus on innovation, quality, and customer satisfaction.

Step 6: Write the Post

Now that you’ve gathered and analyzed your information, you can start writing your discussion post. Your post should contain:

• Introduction: Briefly introduce Toyota and its business strategy.
• Leadership Style: Describe the current leadership style of Toyota’s CEO (Akio Toyoda), and evaluate its cultural appropriateness.
• Your Leadership Style: Conclude by defending the leadership style you would adopt as Toyota’s CEO and explain why it would be effective.

Step 7: Cite Sources in APA 7th Edition

Make sure to cite all references using APA 7th edition format. Include in-text citations for the course textbook and outside leadership sources.

Here’s an example of how you might cite sources:

• Lane, H. W., & Maznevski, M. (2014). International Management Behavior: Global and Sustainable Leadership (7th ed.). Wiley.
• Example of additional leadership resource: Smith, J. (2021). The role of transformational leadership in multinational corporations. International Journal of Business Leadership, 15(3), 45-67.

By following this step-by-step approach, you’ll be able to analyze Toyota’s leadership and strategy effectively and provide a comprehensive discussion post.

Good luck with your assignment!

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