The Success Stories of the Pioneer, the Giant Killer and the Current Champion of Automobile Industry

In: Business and Management

Submitted By ACV1987
Words 4328
Pages 18
The Success Stories of The Pioneer, The Giant Killer and The Current Champion of Automobile Industry

Submitted By

Arun Chandran V B14071 BM-B

Contents
Contents ....................................................................................................................................................... 1 Introduction .................................................................................................................................................. 2 Henry Ford – The man who divided the notion of modern economic and social system into Fordism and post-Fordism ................................................................................................................................................. 2 Assembly Line ........................................................................................................................................... 3 Vertical Integration ................................................................................................................................... 4 Profit Sharing ............................................................................................................................................ 5 General Motors – The David who beat the Goliath (Ford) ........................................................................... 5 Reorganization of GM into divisions with decentralized responsibility and centralized control ............. 7 Range of products with prices made affordable by financing .................................................................. 7 Introduction of new models annually ....................................................................................................... 8 Toyota – From the ruins of WW II to the Top of Automotive Industry ........................................................ 9 Kanban and the elimination of Muda…...

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