The automotive industry has been growing for quite a substantial period with increasing number of the industrial competitors. The three most important competitors include the General Motors, Toyota and Ford companies that often operate in a marketplace the is globally competitive. Importantly, globalization of the automobiles increased tremendously from the year 1995 up-to-date. Industrialization played a substantial role in the significant production of the automobiles in Germany and Japan markets in particular. In addition to that, increased trade in the globe enables the growth in the distribution of the commercial systems. As a result, this has increased competition among the global automotive. The competition between the automobiles is intense in that most of the automobile company tries to make a better version of a model produced by another competitor.
The General Motors industry has a corporate culture that is quite contagious. The company empowers its staff members to have passion while trying to find out the various challenges and opportunities as well. Moreover, the corporate culture of the General Motors Industry works hard towards connecting with the customers hence earning their loyalty. Talent is highly valued in the firm by giving their workers an opportunity to grow in their respective professionals. Notably, the company has valued principles and recognizes bold contributions among the staff members. The people in the firm create vehicles that have consistently engaging performance and technology that is easy to use.
Delegate your assignment to our experts and they will do the rest.
On the contrary, the Toyota Motors Company has its organizational culture defined by the responses granted by every employee to the challenges that their company makes. The company tends to use its HR capabilities in the field of innovation (Gomes et al., 2010). Importantly, the firm has its organizational culture defined by teamwork, secrecy, continued improvements through the learning process and quality as well. In the case of partnership, the company encourages most of the employees to work in close cooperation by using teams in most of the areas in the firm. The firm believes that teamwork could yield to the success of the corporation mostly. Thus, this often emphasizes the involvement of the employees in their teams. Learning is also a significant culture observed in the Toyota Corporation since it sets up an environment for its workers to grow in their careers through furthering their knowledge. Besides that, quality is an essential element in the organizational culture of the Toyota Corporation. Through the organizational culture of quality, Toyota Company has encouraged it to use the business approach of fixing problems in their designs to get the best quality of their commodities. Secrecy is also considered in the organization. The next design that is about to be produced in the company should be withheld until its launch.
The organizational culture of Ford has seen its word abbreviation that includes the fostering of both the expertise and the functional excellence, working together to the employees, developing values specific to be followed by the company and the efficient delivery of the results. The organizational culture of Ford Company tends to emphasize the need to excel in the organizational culture of the company. As a result, the company keeps training its staff members since it has recognized the need to boost its performance high (Mittal, Mitra Mukherjee, & Roy, 2013). Teamwork is also encouraged in the company since it is one of the corporation's priorities. The employees of the individuals culture the participation of the workers in the designating of an automotive. Importantly, the company ensures that its staff has an organizational culture that helps in the development of integrity and other positive behaviors. Lastly, the company ensures that the models of the automobiles satisfy the needs of the customers while achieving the best results as well. Thus, the organizational culture helps in maximizes the performance of the company in its finances.
Among the organizational cultures of the General Motors, Toyota Corporation, and the Ford Company, Ford has the most efficient corporate corporate culture since it incorporates as the factors that play a substantial role in the success of the automotive industry. For instance, as opposed to both the Toyota and the General Motors companies, Ford has included the financial performance of the company in its organization, culture. Besides that, the firm has set aside various company values that every employee should abide by before getting to work in the corporation. In addition to that, learning that leads to excellence in the functioning of the employees in Ford is considered paramount while interviewing individuals for job positions in the company.
The type of economy that bests suits the General Motors is the market economy that is characterized by less government control. The company could have a capitalist kind of market economy that is marked by a massive economy that is well controlled by the government. enterpriseOne of the potential effects of the economy system in the society in which the General Motors is that it is likely to lead to the growth of the finances of the company since the company is located in a capitalist economy (Townsend, & Calantone, 2014). On the contrary, the Toyota Motors Corporation often could have a mixed economy that is characterized by a blend of both the command and the market economy. The blend of the two economies has allowed the Toyota company to treat all its workers in a fair manner. Lastly, the Ford Company has the market economy similar to the General Motors since it is located in America, which is a capitalist economy hence the finances of the company tend to increase in a consistent manner from year to year due to the well- controlled government influence.
One of the most significant reasons as to why some of the countries tend to lag in their economic development includes the lack of foreign and local investments that could be useful in job provision that is likely to boost a raise in the GDP. An increased number of jobs is likely to increase the economy of a country. Importantly, the only way in which a country can raise its economy is by increasing the manufacturing industries in the area that would probably increase the amounts of jobs in a state. One of the ways in which a country can increase its economy includes the expanding of the international companies in the less developed areas to increase a number of jobs in such areas. Secondly, the companies could ensure that the unemployed people in the company could volunteer to work part-time in the firm at a smaller fee as compared to the regular workers. As a result, this will lead to an increase in the number of wages allowing people to be experienced and have skills to get employments elsewhere hence leading to an increase in the GDP of a country. Lastly, the General Motors, Toyota Company, and the Ford Corporation could get involved with other charitable organizations to help reach out to the poverty-stricken people in their respective societies. Such a move could contribute to reducing the poverty gaps thus resulting in an increase in the economy.
If I had an opportunity to become a global leader of any of the three companies, I would prefer leading the Ford Motors Corporation. My opinion is because the company desires to bring about change in the automobiles industry since they are ambitious and focused on the achievement of the desired goal. Some of the steps that I would require to undertake to be a global leader is to further my education and knowledge on my respective fields of interest. Education is critical to becoming a world leader. Bargaining and language skills would be another step that I would take to be an effective world leader. One of the global changes that I would make as a global leader would be expanding the company ever to place in the world to make a change in the world economy system. Besides that, I would increase the technology used in the company to make work easier for every customer and employee. In addition to that, technology would help in the creation of goods that are beneficial to a consumer.
In conclusion, this paper focuses on the automotive industry and names the General Motors, Toyota and Ford companies as highly competitive. The automotive industry has been growing for quite a substantial period with increasing number of the industrial competitors. The General Motors industry has a corporate culture that is quite contagious. The company empowers its staff members to have passion while trying to find out the various challenges and opportunities as well. The Toyota Motors Company has its organizational culture defined by the responses granted by every employee to the challenges that their company makes. The company tends to use its HR capabilities in the field of innovation. The organizational culture of Ford has seen its word abbreviation that includes the fostering of both the expertise and the functional excellence, working together to the employees, developing values specific to be followed by the company and the efficient delivery of the results. Besides that, in this paper, personal opinion is given regarding the skills one would require to be a global leader of one of the three company of choice.
References
Gomes, E., Collis, C., Morris, D., & Donnelly, T. (2010). Mergers and Acquisitions As Strategic Methods of Business Development in the Global Automobile Industry: An Analysis of Five Cases . Lewiston: Edwin Mellen Press.
Mittal, A., Mitra Mukherjee, P., & Roy, D. (2013). Global Competitiveness: World Passenger Car Industry. SCMS Journal Of Indian Management , 10 (4), 75-85.
Townsend, J. D., & Calantone, R. J. (2014). Evolution and Transformation of Innovation in the Global Automotive Industry. Journal Of Product Innovation Management , 31 (1), 4-7. doi:10.1111/jpim.12075
