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Reforms and restructuring after the 2010 recalls. The Toyota panel said there needs to be one executive responsible for the entire U.S. operation. Before the crisis in vehicle safety Toyota had separate engineering, sales and production operations, but no head of the entire U.S. operation. Honda and Nissan have a head of U.S. operations. Another problem the panel sees is the insularity of the Japanese headquarters management. It recommends foreign directors be appointed to the board. Even after the safety crisis and a change in management structure to a smaller board, the lack of foreign directors remains a serious unaddressed problem.
Grouped Articles
The 40-Year Club: America's Longest-Serving Directors
Wall Street Journal 07/16/2013
Detroit News 03/01/2010
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
Toyota Opts to Diversify Senior Posts
Wall Street Journal 03/05/2015
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
Grouped Articles
Detroit News 03/01/2010
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
Toyota Overhauls Its R&D Efforts
Wall Street Journal 04/10/2012
Toyota Reaches $1.2 Billion Settlement in Criminal Inquiry
New York Times 03/19/2014
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 has expanded rapidly with new factories around the world. Now its management is concerned that quality for which Toyota was well known and which was carefully nurtured in Japan may slip at its overseas factories. Part of this may be because it takes time to train new employees in Toyota's manufacturing and quality control and the process may be rushed as Toyota tries to meet new demand.
Grouped Articles
Detroit News 03/01/2010
Toyota May Delay New Models To Address Rising Quality Issues
Wall Street Journal 08/25/2006
Toyota Pressured to Boost North America Output - WSJ.com
Wall Street Journal 01/08/2007
Toyota's New U.S. Plan: Stop Building Factories
Wall Street Journal 06/20/2007
Lexus-Level Dependability, Now Available at Lower Prices
New York Times 08/12/2007
Toyota Slips and Ford Improves In Consumer Reports Survey
Wall Street Journal 10/17/2007
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 Reaches $1.2 Billion Settlement in Criminal Inquiry
New York Times 03/19/2014
Toyota Recall Report Finds Internal Flaws
New York Times 05/23/2011
Wall Street Journal 01/29/2010
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
A comparison of three corporations and their failure to recognize risks generated from culture, strategy and complacency of top management. The situation that prevailed in different industries and cultures in 2010-2012- in the UK-U.S., in the UK, and in Japan, for the financial industry, oil industry and auto industry. Also relevant is the evolution of technologies and complexity and how carefully it is managed throughout the chain including suppliers or locations in other countries. Complex automotive technologies and complex deep sea exploration technology, the involvement of suppliers, and the complex financial market credit default swaps, needed a careful approach from top managment not relying on individuals alone.
Grouped Articles
Wall Street Journal 05/04/2013
Regulatory Headaches Worsen for J.P. Morgan
Wall Street Journal 08/19/2013
Embattled J.P. Morgan Bulks Up Oversight
Wall Street Journal 09/13/2013
JP Morgan Reported Third Quarter Loss on Legal Costs
New York Times 10/11/2013
Record Pact Is on the Table, But J.P. Morgan Faces Fight
Wall Street Journal 10/21/2013
Recipes for Ruin, in the Gulf or on Wall Street
New York Times 06/11/2010
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
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