World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
At Toyota, a Cultural Shift
Keywords:
Instead of going through layers of executives before speaking to the CEO, quality chiefs at Toyota now speak directly with the CEO. Mr. St. Angelo who heads the Quality group at Toyota for the American region met directly recently with Mr Akio Toyoda. There are in all 6 Quality chiefs for six regions worldwide. Akio's questioning during a Congressional investigation appears to be a turning point and he is determined to shake things up. He choked up at the National Press Club in Washington while thanking employees and dealers for their support. See the links to Akio Toyoda for Akio's education and experience in the U.S., which may have better prepared him for this challenge than his more parochial mindset predecessors who lacked this type of background.
Mark Hogan's role in the Toyota Board of Directors and Akio Toyoda's efforts to counteract the insular culture of Toyota in Nagoya, Japan
06/02/2010
Grouped Articles
Toyota Director Aims to Speed Up Decision Making
Wall Street Journal 07/23/2013
Toyota Scrambles to Catch Up in Brazil
Wall Street Journal 08/26/2013
Eiji Toyoda, Promoter of the Toyota Way and Engineer of Its Growth, Dies at 100
New York Times 09/17/2013
New York Times 06/02/2010
Microsoft Board Shows Little Taste for Bold Choice in CEO
Wall Street Journal 09/02/2013
The Toyoda family- from the Otsukawa Cotton Cloth Company founded by Sakichi in 1897 to the Toyota Motor Company run by Akio today, over a century guiding technological progress
06/02/2010
Grouped Articles
Eiji Toyoda, Promoter of the Toyota Way and Engineer of Its Growth, Dies at 100
New York Times 09/17/2013
New York Times 06/02/2010
Toyota's new priorities and strategy under Akio Toyoda.
05/17/2006
The grandson of founder Kiichiro Toyoda takes charge after the global economic crisis of 2008-2009. Toyota enters a new period with different priorities.
Grouped Articles
Wall Street Journal 05/08/2013
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/2010
Toyota Director Aims to Speed Up Decision Making
Wall Street Journal 07/23/2013
Toyota Scrambles to Catch Up in Brazil
Wall Street Journal 08/26/2013
In Rapid Turnaround, Toyota Is on Track to Post Record Earnings
New York Times 02/04/2014
Toyota Offers Tepid Outlook After Big Gains
Wall Street Journal 05/09/2014
Akio Toyoda's handling of the Toyota Recall Crisis in 2010-2011 and the legal settlement in 2014
01/12/2009
Grouped Articles
Tracks of His Tears: Why Akio Toyoda Choked Up
Wall Street Journal 03/03/2010
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/2010
Toyota Director Aims to Speed Up Decision Making
Wall Street Journal 07/23/2013
Inside Toyota, Executives Trade Blame Over Debacle
Wall Street Journal 04/13/2010
Eiji Toyoda, Promoter of the Toyota Way and Engineer of Its Growth, Dies at 100
New York Times 09/17/2013
In Rapid Turnaround, Toyota Is on Track to Post Record Earnings
New York Times 02/04/2014
Toyota's Committee for Global Quality headed by Akio Toyoda
03/01/2010
The Chief Quality Officer in the U.S. will sit directly across the table from the CEO with other Chief Quality Officers from Europe, Asia and Latin America. This is part of the new reorganization following the recall crisis of 2010. The idea is to have the CEO and the person most knowledgeable about the particular region's quality problems interact directly to resolve issues, and to provide for interaction between Quality Officers of different regions at one table to share information and problem solving strategies.
Grouped Articles
Detroit News 03/01/2010
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/2010
New York Times 06/02/2010
Toyota under Akio Toyoda, Shoichiro Toyoda's son, and grandson of the founder Kiichiro Toyoda.
05/12/2005
Akio Toyoda becomes CEO of Toyota in 2009, with the support of Shoichiro Toyoda, his father. He spent some years in the American operations, has overseas experience, and got his MBA from Babson College in Massachusetts. Because of tis he brings an outward looking approach to Toyota. By August 2009 about 40% of the senior management hat Toyota had retired or moved to new positions. Toyota suffered a loss of $819 million in the 2nd quarter 2009 with net sales revenue down sharply by 38% over prior year's same quarter. In the last years of the previous CEO Watanabe, Shoichiro had expressed concerns about the complacency at the company. See the links to this including Shoichiro's concern for higher costs, lower quality, and complacency in management.
Grouped Articles
Eiji Toyoda, Japan Auto Industry Visionary, Dies At 100
Wall Street Journal 09/17/2013
Eiji Toyoda, Promoter of the Toyota Way and Engineer of Its Growth, Dies at 100
New York Times 09/17/2013
In Rapid Turnaround, Toyota Is on Track to Post Record Earnings
New York Times 02/04/2014
Toyota Offers Tepid Outlook After Big Gains
Wall Street Journal 05/09/2014
For Toyota, a New Small Truck Carries Hopes for Topping GM
Wall Street Journal 05/12/2005
Toyota's Jim Press Discusses the Future
BusinessWeek 05/17/2006
Yoshimi Inaba and the American market for Toyota.
05/13/2005
Yoshimi Inaba, is put in charge of the American operations by Akio Toyoda. Like Akio Yoshimi has overseas experience and an American MBA.
Grouped Articles
How Slumping Market for SUVs Is Hurting Detroit's Bottom Line
Wall Street Journal 05/13/2005
Detroit's No Good, Very Bad May
BusinessWeek 06/02/2006
GM exec: Sales slide finally over
Detroit News 08/04/2006
Toyota Gambles, Deep in the Heart of Texas
New York Times 11/16/2006
Toyota Deepens Discounts on Its New Pickup
New York Times 03/30/2007
Toyota Names First Foreigner to Board
Wall Street Journal 04/12/2007
Changes in Toyota's global architecture, management structures and culture under Akio Toyoda
06/02/2010
Linked Articles
Toyota Overhauls Its R&D Efforts
Wall Street Journal 04/10/2012
New York Times 06/02/2010
Akio Toyoda brings a broader mindset, American and overseas experience to his CEO role.
01/12/2009
The grandson of the founder was educated in the U.S. and worked in the Chinese operations. He brings a broad exposure to countries around the world that his predecessors lacked with their more parochial backgrounds. This will be invaluable as he steers Toyota back to its roots and accomodates a changing world.
Linked Articles
New York Times 06/02/2010
Toyota, Needing Change, Taps a Scion to Lead
Wall Street Journal 01/12/2009
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us