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Toyota Advisers Urge Revamping
Keywords:
A Toyota panel recommends having foreign directors to reduce the insularity of the headquarters management in Japan. This remains a problem not addressed by recent changes that made the Board of Directors smaller for closer interaction. This makes management and the Board less responsive in dealing with situations like the recent crisis based on safety issues in Europe and the U.S., which occur in a different cultural and media context.
Lessons from the Toyota recalls and the pedal acceleration case
03/01/2010
Federal investigations concluded in Feb 2011 by NHTSA and NASA in the US show "pedal misapplications," not faulty electronics as the main culprit behind the unintended acceleration So what went wrong for Toyota. It was the lack of an open and fast response that hurt Toyota, and the need for humility with fast growth because even floor mats and driving behaviours have to be treated with respect where safety is the issue.
Grouped Articles
Detroit News 03/01/2010
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/2010
Inside Toyota, Executives Trade Blame Over Debacle
Wall Street Journal 04/13/2010
Toyota Nears $1 Billion Deal to End Probe
Wall Street Journal 02/08/2014
Obama Names Fatigue Specialist to Lead Traffic Safety Agency
New York Times 11/19/2014
Federal Auditor Finds Broad Failures at N.H.T.S.A.
New York Times 06/19/2015
Stalling and inaction by Toyota during the recall crisis.
02/01/2010
Grouped Articles
Detroit News 03/01/2010
Toyota chief's deep bow of apology awaited - MarketWatch
Unknown 02/05/2010
Toyota’s Top Executive Under Rising Pressure
New York Times 02/06/2010
New York Times 02/06/2010
Lawsuit Over a Crash Adds to Toyota’s Difficulties
New York Times 02/05/2010
Toyota’s Slow Awakening to a Deadly Problem
New York Times 02/01/2010
Toyota's Board of Directors, size, insularity and the cultural context
03/08/2011
Plans to change the board to have fewer directors- closer to 12 compared to 27 today- so that discussions can be carried on at the highest level and lead to speedy decisions. A similar change was made at Honda Motor.
Grouped Articles
The 40-Year Club: America's Longest-Serving Directors
Wall Street Journal 07/16/2013
Toyota Director Aims to Speed Up Decision Making
Wall Street Journal 07/23/2013
Microsoft Board Shows Little Taste for Bold Choice in CEO
Wall Street Journal 09/02/2013
Toyota Moves to Downsize Its Board
Wall Street Journal 03/08/2011
Toyota Unveils New Business Plan
Wall Street Journal 03/09/2011
Corporate Boards Should Add Diversity to the Mix
New York Times 03/09/2011
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
Management failure at Toyota in addressing quality and safety issues- the Recall period 2009-2011
01/29/2010
Toyota's own documents reveal that managers touted the $100 million savings in limiting the degree to which Toyota would address the quality and safety issues raised by unintended acceleration and failure in braking. Toyota had hired former National Highway Traffic and Safety officials and was able to limit what it had to do to address the problem. In the end the problems would cost billions of dollars in a massive recall effort and dent its image.
Grouped Articles
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/2010
Inside Toyota, Executives Trade Blame Over Debacle
Wall Street Journal 04/13/2010
Toyota Nears $1 Billion Deal to End Probe
Wall Street Journal 02/08/2014
Toyota to Resume Plant Building After Three-Year Hiatus
Wall Street Journal 04/04/2015
Toyota’s Top Executive Under Rising Pressure
New York Times 02/06/2010
Akio Toyoda - Toyota's plan to repair its public image
Washington Post 02/09/2010
Toyota Management
05/09/2006
Management at Toyota. The Board of Directors and its memebers. outlook of the Board
Grouped Articles
The 40-Year Club: America's Longest-Serving Directors
Wall Street Journal 07/16/2013
Toyota Overhauls Its R&D Efforts
Wall Street Journal 04/10/2012
Toyota Opts to Diversify Senior Posts
Wall Street Journal 03/05/2015
Toyota Taps U.S. Sales Executives To Head North American Business
Wall Street Journal 05/09/2006
In Chinese Market, Toyota's Strategy Is Made in U.S.A.
Wall Street Journal 05/26/2006
Toyota Names First Foreigner to Board
Wall Street Journal 04/12/2007
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
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