In 2009 and 2010 Toyota had to recall millions of automobiles due to uncontrollable acceleration. This recall forced upper-level
management to rethink many things. For example, Toyota had become too focused on profits. As a business coach, where would you recommend Toyota beginStep 5: Maintain strategic control. Step 3: Formulate the grand strategy.
Step 2: Assess the current reality.
Step 4: Implement the strategy.
Step 1: Establish the mission, vision, and values statements.
Answer: I would recommend Toyota to begin from Step 2,
Explanation:
Toyota should start from start at stage 2 assess the current reality so that they can move to stage 3 formulate a new grand strategy, implement the new strategy and maintain strategic control.
Toyota Strategy to focus on profit did not work out, the company ended up producing sub standard vehicles. Toyota should Assess the current reality and formulate a new Grand Strategy that will not only focus on profit .
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