Comparison and Contrast of General Motors and Toyota Motor Essay
Comparison and Contrast of General Motors and Toyota Motor Thomas Hong, Ph.D. The Impact of Technology on Organization University of Phoenix November 12, 2007
General Motor and Toyota Motor Introduction
This paper seeks to compare core and enabling technologies of two organizations in the automobile industry. General Motors Corporation experienced a crisis that recorded another operating loss of $7,668 million during the fiscal year of 2006, while Toyota Motor Corporation recorded an operating income of approximately $19 billion during the fiscal year of 2006, an increase of 19.2% over 2005. The net profit of Toyota was approximately $13.9 billion in the fiscal year of 2006, an increase of …show more content…
GM's theory combined, in one seamless web, assumptions about markets and customers with assumptions about core competencies and organizational structure. Internally, these market assumptions went hand in hand with assumptions about how production should be organized to yield the biggest market share and the highest profit. GM's core competencies are reflected in the long production runs of mass-produced cars with a minimum of changes in each model year, resulting in the largest number of uniform yearly models on the market at the lowest fixed cost per car (Drucker, 1994).
General Motor and Toyota Motor