Toyota plans to streamline management structure to optimize decision making

Posted on 3/3/2017 11:29:24 AM

Toyota has recently made personnel adjustments to streamline the management structure to optimize decision-making, focus on the development of new technologies, including the development of unmanned and low-emission vehicles, and strive to once again gain the dominance of the automotive industry.
In order to adapt to the rapid development of the automotive industry trends, as the world's second largest car manufacturer, Toyota to accelerate the pace of personnel reform, reducing the number of high-level companies to speed up the decision-making process. March 1 Toyota announced that the board of directors will be reduced from 11 to 9, personnel changes will take effect in April fiscal year. After adjustment, representatives of the board of directors from six to two, only to retain Toyota president Akio Toyoda (Akio Toyoda) and chairman of the mountain Takeda Wu (Takeshi Uchiyamada). In an interview with Reuters, Toyota Motor News spokesman Kayo Doi argued that the streamlining of delegated directors would be more focused on power, accountability and accountability, and that the decision-making process for corporate matters could be accelerated.
Last year the company reformed the organization, changed the pattern of regional division, turned to a product-based strategy. And the personnel changes can be described as followed. Toyota's president, Akio Toyoda, said in a statement: "This structural adjustment is not a response, but an opportunity." He reduced the company's staff as "ensuring that the annual production and sales of 10 million The necessary guarantee for the car. "
Akio Toyoda, the current president of Toyota, took office in 2009 and said that the company's existing (staff) size will affect decision-making speed. Former Toyota North America CEO Osamu Nagata will serve as Treasurer and Executive Vice President and enter the board. Mitsuru Kawai will also serve as executive vice president in charge of the factory. In the 1960s, Mitsuru Kawai became a worker in Toyota, and a leader who was promoted to lead by blue-collar workers. Mitsuhisa Kato, Takahiko Ijichi and Nobuyori Kodaira will withdraw from the board of directors and become a corporate adviser. In addition, corporate executives Hirofumi Muta, Koei Saga and Soichiro Okudaira will also leave the board. Hirofumi Muta will serve as Executive Vice President of Hino Motors, Toyota's subsidiary, and Koei Saga will be the executive adviser to Toyota Motor and the chairman of Toyota Racing. Soichiro Okudaira will serve as president of Daihatsu Motor Company. Daihatsu Motor Company mainly produces compact cars, and in 2016 became Toyota's wholly owned subsidiary.
The restructuring of the company will take effect in April, and personnel changes will be decided at the shareholders' meeting in June.

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