Risk Management Case Study: Nissan Motor Company

We embrace diversity and diverse opinions; we treat people with dignity and respect to support our inclusive culture. This allows us to retain and attract the world-class talent and supplier base we need to develop the innovative solutions our global customers depend on. We view our diversity as a competitive advantage as a key enabler of our growth.

Diversity has become a major part of society in the past decade and organizations have continued to adapt to our changing world. One way that organizations provide support for human and world differences is by creating a diversity mission statements that support the company’s actions. Diversity mission statements for corporations compared to non-profit organizations are more similar than I expected since. Verizon Wireless is the corporation I chose to research due to their current market share and success of the company. Verizon (2017) stated in their diversity statement how important and vital their employee differences have contributed to their success. According to Verizon (2017), 59% is their current workforce diversity and over half of

Our company has done great job in managing diversity so far. We rank in the 11th of the Diversity Incorporated Top 50, and rank the 8th of the Diversity Incorporated Top 10 companies, which has women in the executive committee. In our company, 29% employees in our company are minorities, we are concerned about diversity in work place, and we appreciate our employees’ opinions. We endeavor to provide equal pay and

But for many, diversity is still a code word for affirmative action. Many companies have developed

“Businesses started caring a lot more about diversity after a series of high-profile lawsuits rocked the financial industry.” (Dobbin & Kalev, 2016). This first sentence in the Harvard Business Review’s article, “Why Diversity Programs Fail”, states a key fact about all organizations, do not want to “waste” or “lose” money because of a lawsuit such as; a race discrimination lawsuit or a sex discrimination lawsuit. There are many procedures and programs that can be implemented to prevent these types of issues in the workplace, are they still going to happen, yes, can these issues be addressed before a lawsuit is even a thought, yes. Therefore, this paper will look at two organizations that have been at the forefront of the diversity and inclusion

The topic selected is (Strategic Procurement & Supply Chain Management). For this study, we have selected Toyota Motor Corporations as our company of choice. Toyota is without doubt the best in the world, with its many philosophies and principles on how to make the best out of the least; JIT, lean production and elimination of waste and the desire for continuous improvement are just a few ways how Toyota has become the best in the auto industry. Toyota as a name, a company, and as a brand has become synonymous with Quality.

Diversity and inclusion is regarded as a core value to the company. Open communication channels are established to encourage respect, trust and confidence between the employer and employee.

An increasing number of companies are realising the benefits of having a diverse workforce and as a result are incorporating equality and diversity objectives in their business strategies.

This is a case study analysis on Nissan Canada Inc. (NCI) and its plan to move from a “make to stock” to a “make to order” process and the implementation of NCI’s Integrated Customer Ordering Network (ICON). Involved in the implementation of ICON, NCI is faced with several challenges in the conversion of its outdated ordering process to Manugistics, an Enterprise Resource Planning (ERP) system. (Hunter, 2007)

Diversity has been leveraged to attract the best most heterogeneous talent it also has been harnessed to retain talent and corporate integrity.

Nissan’s recovery plan began with their decentralized supply chain structure. Nissan instilled an organized system of a centralized supply chain, which allowed them to maintain centralized control of their

1) What benefits will Nissan gain if its procurement of parts is combined with Renault’s parts procurement on a global basis? Are there any costs to this change? What problems does Nissan create if it abandons the keiretsu system for purchasing parts? In what ways might the Internet facilitate this change?

We will start the external analysis with the PESTEL analysis of the automotive sector followed by the Porter’s five forces analysis and we will end by having a look at the key competitors and competitor pricing.

Nissan focuses on maximizing its auto manufacturing operations through flexibility and efficiencies by maintaining a

By 1999, Nissan had tied up over $4 billion in the stock shares of hundreds of different companies as part of this keiretsu philosophy. These investments, however, were not reflected in Nissan’s