case study: toyota's crisis and its biggest recall ever!

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MAN IS A SOCI AL ANIM

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A case study on Toyota, emphasizing on the major issues that it suffered including the BIGGEST RECALL EVER, and merely discussing the deficiencies and suggested solutions. This case study is solved on the basis of information collected from the internet.

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Page 1: Case study: Toyota's crisis and its biggest Recall ever!

MAN IS A SOCI

AL ANIM

AL

Page 2: Case study: Toyota's crisis and its biggest Recall ever!

Communicating being

its LIFEBLOOD.

Page 3: Case study: Toyota's crisis and its biggest Recall ever!

While Communication simply means:

Page 4: Case study: Toyota's crisis and its biggest Recall ever!

The

OR EXCHANGING

OF INFORMATION

Page 5: Case study: Toyota's crisis and its biggest Recall ever!

BY SPEAKING

WRITING OR

USING SOME OTHER

MEDIUM

Page 6: Case study: Toyota's crisis and its biggest Recall ever!

MEDIUMS

Page 7: Case study: Toyota's crisis and its biggest Recall ever!
Page 8: Case study: Toyota's crisis and its biggest Recall ever!
Page 9: Case study: Toyota's crisis and its biggest Recall ever!
Page 10: Case study: Toyota's crisis and its biggest Recall ever!
Page 11: Case study: Toyota's crisis and its biggest Recall ever!

EFFECTIVE COMMUNICATIONLEADS TO BETTER

UNDERSTANDING, AND PREFERABLE RESULTS.

Page 12: Case study: Toyota's crisis and its biggest Recall ever!

CLASS ACTIVITY

CHINESE WHISPER

Page 13: Case study: Toyota's crisis and its biggest Recall ever!

AND AS WE SUFFERED FROM THE BARRIERS OF COMMUNICATION, SO DID A WELL-

KNOWN MULTINATIONAL CORPORATION.

Page 14: Case study: Toyota's crisis and its biggest Recall ever!

Formerly,

Page 15: Case study: Toyota's crisis and its biggest Recall ever!

Giving cars a

personality, just

like people,

is somethi

ng incredib

ly worthw

hile.-Akio

ToyodaPresident and

CEO

Page 16: Case study: Toyota's crisis and its biggest Recall ever!

CORPORATE STORY

Page 17: Case study: Toyota's crisis and its biggest Recall ever!

LOOKING TO THE

FUTURE OF PEOPLE,

CARS AND COMMUNITI

ES

VISION

Page 18: Case study: Toyota's crisis and its biggest Recall ever!

MISSIONTO ATTRACT AND ATTAIN CUSTOMERS WITH HIGH-

VALUED PRODUCTS AND SERVICES AND

THE MOST SATISFYING OWNERSHIP

EXPERIENCE IN AMERICA.

Page 19: Case study: Toyota's crisis and its biggest Recall ever!

STRENGTHSWORLD’S

MOST ADMIRED AUTO COMPANY.WELL REPUTED IN SAFETY AND

QUALITY.CONSUMER

LOYALTY.

Page 20: Case study: Toyota's crisis and its biggest Recall ever!

RECENT PROBLEMS:HIGH-PROFLIE RECALL

INVOLVING 8 PREMIUM MODELS CHAOTIC COMMUNICATION

TORRENT OF MEDIA ATTENTIONDAMAGE TO TOYOTA’S

REPUTATION OF SAFETY AND QUALITY

PRODUCTION AND SALES STOPPED

Page 21: Case study: Toyota's crisis and its biggest Recall ever!

FLAWS IN AUTOMOBILES: FLOOR MAT INCURSION

STICKY ACCELERATOR PEDAL

HYBRID ANTI-LOCK BRAKE

SOFTWARE

BRAKE SYSTEM FAILURE

SPARE TYRE SEPARATION

Page 22: Case study: Toyota's crisis and its biggest Recall ever!

MEDIA INTERVEN

TION

Page 23: Case study: Toyota's crisis and its biggest Recall ever!

HENCE, TARNISHED REPUTATION

Page 24: Case study: Toyota's crisis and its biggest Recall ever!

INVESTIGATIONS:•NHTSA STARTED

FORMAL INVESTIGATIONS: •AN ESTIMATED 218000 UNITS ARE INVOLVED• PROVIDED AN

INTERIM SOLUTION

MEASURE TO CONSUMERS

•EMPHASIZED ON NEED OF

PERMANENT SOLUTION BY

TOYOTA

Page 25: Case study: Toyota's crisis and its biggest Recall ever!

oSALES STOPPEDoCONSUMER LOYALTY SHAKENoPROFIT RATIO DECREASEDoHIGH COST OF RECALLS

CONSEQUENTLY,

Page 26: Case study: Toyota's crisis and its biggest Recall ever!

TOYOTA’S REACTION:WIDENED DEALER

PROFIT MARGINS, TO SALES AND COVER UP

FOR ANY LOSSES. ANNOUNCED RECALL FOR ABOUT 8M CARS

REPRESENTATIVE NOT PROMPTLY AVAILABLE

FOR COMMENTMISLEADING REPORTS

FORWARDED BY EMPLOYESS TO

OWNERS APOLOGETIC SPEECH

BY THE PRESIDENT

Page 27: Case study: Toyota's crisis and its biggest Recall ever!

CARRIED OUT

BIGGEST RECALL EVER

Page 28: Case study: Toyota's crisis and its biggest Recall ever!

TOYOTA’S CRISIS IS BIGGER THAN A SIMPLE

REPAIR JOB.

Page 29: Case study: Toyota's crisis and its biggest Recall ever!

WHAT ARE THE DEFICINCIES IN

TOYOTA’S COMMUNICATION

STRATEGY?

Page 30: Case study: Toyota's crisis and its biggest Recall ever!

α LACK OF DIRECT COMUNICATION

WITH BUYERS

α IGNORANCE TO AND SLUGGISH

REACTION TO QUERIES BY BUYERS

αMEDIA INTERFERENCE

α LACK OF COMMUNICATION

BETWEEN OWNERS AND EMPLOYEES

DEFICIENCIES:

Page 31: Case study: Toyota's crisis and its biggest Recall ever!

α INABILITY TO FIGURE OUT PROBLEM

α INABILITY AND MISMANAGEMENT TO

CONTROL LARGE ORGANIZATION,

AFTER TAKING OVER GENERAL

MOTORS

α MISLEADING AND INACCURATE

INFORMATION BY EMPLOYEES

Page 32: Case study: Toyota's crisis and its biggest Recall ever!

SOLUTIONSGETTING IN

DIRECT CONTACT WITH EACH CUSTOMER

PROMPTLY SOLVING ALL

QUERIES

Page 33: Case study: Toyota's crisis and its biggest Recall ever!

IMPROVING COMMUNICATION BETWEEN OWNERS AND

EMPLOYEES

Page 34: Case study: Toyota's crisis and its biggest Recall ever!

CREATE EFFICICENT SYSTEM OF REPAIR

AND MAINTAINENCE

Page 35: Case study: Toyota's crisis and its biggest Recall ever!

HENCE, GET BACK ON TRACK ON THE TOYOTA

WAY!

Page 36: Case study: Toyota's crisis and its biggest Recall ever!

Hence, HAPPILY EVER AFTER!

Page 37: Case study: Toyota's crisis and its biggest Recall ever!

PRESENTED BY:

MALKA LAKHANAYESHA SIKANDERMAHNOOR ADIL

MISHA HANIFSANA SYED