Growing Too Fast?

Hess, Edward D.
May 2010
Leadership Excellence Essentials;May2010, Vol. 27 Issue 5, p6
The article discusses company growth and cites lessons learned from the downfall of automobile maker Toyota. According to the author, Toyota, in its quest to become the biggest automaker, deviated from the path of producing the highest quality and dependable cars. He says that bigger is not always better, and there are risks in growing the company, stating that if not properly managed, it can lead to destruction. He also enumerates the three factors for proper growth which are planning, prioritizing and pacing.


Related Articles

  • Toyota studies Ontario plant. Chappell, Lindsay // Automotive News;6/18/2007, Vol. 81 Issue 6260, p3 

    The article reports on the plan by Toyota Motor Corp. to build a second assembly plant in Woodstock, Ontario, where one is now under construction. The company has retained transportation consultants to study the future vehicle traffic volume at the Woodstock site, where it is spending $800...

  • 10 QUESTIONS FOR KATSUAKI WATANABE.  // Time International (South Pacific Edition);8/22/2005, Issue 33, p12 

    This article presents an interview with Katsuaki Watanabe, who took charge of president of Toyota Motor Corp. in June 2005. Watanabe holds that for growth, everyone should be dissatisfied with the present situation and should constantly try to improve things. He says that the quality and cost of...

  • Toyota's Risk-Management Failings Emerge. Steinberg, Richard M. // Compliance Week;Jun2011, Vol. 8 Issue 89, p52 

    The article focuses on the risk management of Japanese automaker Toyota Motor Corp. concerning the parts shortages. It mentions that he company is experiencing crisis due to the March 11, 2011 Japan earthquake, in which it mentions that factories of the automaker in Japan were operating in a...

  • Strategies for Growth and innovation. Turner, Ian // Henley Manager Update;Autumn2005, Vol. 17 Issue 1, p35 

    Examines how companies can continue to grow and innovate. Factors that could constrain growth; Reasons for the growth of the automobile company Toyota; Types of value proposition which characterise how companies can achieve their successful growth strategies.

  • Industry Update.  // MarketWatch: Automotive;Oct2007, Vol. 6 Issue 10, p2 

    The article reports developments related to automobile industry in India. It has been reported that Japanese car maker Toyota Motor Corp. is planning to build the first production facility for its low-cost car for the emerging markets. Nissan Motor Co. Ltd. has revealed plans to small car market...

  • Toyota reveals noise-cancelling cars.  // Noise & Vibration Worldwide;Jul2008, Vol. 39 Issue 7, p31 

    The article reports on the move of Toyota Motor Corp. to install its new Active Noise Control technology inside the Toyota Crown Hybrid in the U.S. According to the company, the whole system lessens noise levels inside the car by up to 8dB, using three microphones inside the cabin that listen...

  • Toyota helps to strengthen Indo-Japanese manufacturing.  // Automotive Manufacturing Solutions;Sep/Oct2006, p18 

    The article reports on the plans of Toyota Motor Corp. to provide educational material and training output in the area of automotive technology by selecting Indian engineering institutions in Japan. Toyota initiates the plan to strengthen the manufacturing relationship between Japan and India....

  • Toyota's drive to expand in Africa. Williams, Stephen // African Business;Aug/Sep2015, Issue 422, p82 

    An interview with a trading subsidiary representative of automobile manufacturer Toyota Motor Corp. is presented. The topics discussed include the history of the Tsusho division of Toyota and its objectives, the company's development agenda in the continent, and the opening of the Toyota College...

  • The Board's Newest Role. Slywotzky, Adrian // NACD Directorship;Oct2006, Vol. 32 Issue 9, p26 

    The article presents information on how management can use their innovation funding to improve their business design. Most companies focus on product development and building functional features rather than on the business model that surrounds their product. Successful business designs not only...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics