long-term balance with the entire organization, and to specify and objectify individual work and performance. Competency evaluation is divided into four parts – measuring management competency, leadership competency, character competency, and job competency. The criteria being used for evaluation are chosen to be closely related to the general corporate strategy and the actual jobs being re
changes
2.1. Awareness of the importance of transparent accounting
Enron crisis revealed a number of problems that US GAAP had. And it made people aware of the importance of transparent accounting. As a result, in 2002 at a meeting in Norwalk, Connecticut, the International Accounting Standard Board and the US Financial Accounting Standards Board agreed to harmonize their agenda and work towa
change of media. Because of these issues, companies have to develop new business model and must prepare in these like changes.
2.2 Internet Ad. Industry
In 2007, Subprime mortgage crisis occurred in the states, the US economy approached in depression because of liquidity problem of finance. US’s recession spread to global depression, and stock price collapsed. That brought stagnation in in
a century since its establishment.
During President Johnson’s retirement in 1981, GE had 250 operation divisions and was the most diversified company in the world, but its market value ranked only around 10th within the US. Also, GE’s long-term strategy and vision was blurred due to excessive diversification, even in the non-electric fields which also resulted in overall loss of profit.
1. Analyze the success of Toyoda and Honda. What strategies explain their success?
Toyoda 성공 분석
1) Toyoda 만의 우위 전략
(1) 제품전략
- JIT(Just-in-Time)와 costumer pull의 생산방식
LEXUS의 가격이 타 경쟁업체에 비해 저렴한 것은 생산비의 절감을 들 수 있다. 도요타의 생산방식은 TPS(Toyota Production System)로 Toyota의 세계