Toyota Motor Corporation, abbreviated as TMC, is the world’s largest automobile manufacturer by sales and production with Headquarters in Japan. 317,734 people were employed by Toyota globally in 2010.
General Motors Company, abbreviated as GM, is the world’s second largest automaker after Toyota. It’s a multinational automaker based in Detroit, Michigan.
The old original General Motors Corporation was founded in 1908, it has experienced tough times recently and has collapsed under the weight of foreign competition, dwindling sales, and a global credit crisis that’s left it without enough cash to survive.
It was reestablished in 2009. In 2010, 209,000 people were employed by GM. Almost for a century; GM was world’s largest car maker till 2008, when it was surpassed by Toyota.
It not only led in automotive innovations, but helped define the new breed of massive, bureaucratic multinational corporations that shaped the post-war economy.
GM’s largest national market is China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, and Russia.
The accurate consideration of decision making is one of Toyota’s main principles.
Some of new Toyota’s employees never have faced this style of decision making before, so they had to learn the Toyota way of decision making.
Decision making in accordance with Toyota corporate culture dramatically differs from the other companies’ behavior. The quality of decision is important as the way you get to this decision.
Workers are aware that if the process was made correctly, the head managers will forgive them (even if the result of this decision wasn’t good). And on the opposite, an accidental decision that had a good result and wasn’t made properly in accordance with rules, will likely lead to the discontent of the head manager.
Toyota leaders pay attention to every detail and that is a widespread practice among companies from Japan.
In regards to decision making in General Motors, it’s usual for every big American corporation. Previously GM used to make decisions taking into account the results of executives’ meetings on strategy matters, and also market-research results and focus groups opinions.
Both Toyota Motors and General Motors follow two trends towards the hours worked expectations and overtime expectations.
These are the lengthening of the working day and the pace of work intensification. Analysts confirm that the working time is intensified as never before, because the working day is divided and planned in the most productive way.