final blogspot # 1

Research one company from the Internet and describe their MIS strategic plan in 1-2 paragraphs. Discuss too the impact of this strategic plan on the company's management, competitors, customers and the company as a whole.
Evaluate how can this strategic plan be applied to any local company in the Philippines. Discuss too the possible effect on the company.
Include your reference.


-Strategic Plan Analysis-
Abstract
Toyota's TQM characteristics will be compared to the characteristics of Vintage Villa, and the differences between the two companies will be discussed. Finally, this paper will address how Toyota's TQM practices could have been integrated into Vintage Villa and how applying these principles could have saved the business.
Vintage Villa
Vintage Villa Motor Company was a self storage facility with Budget truck rentals. On top of that, they sold used Mercedes vehicles and had an on site antique shop for customers to wander through. The company was made up of the owner and her husband, a manager, a handyman, and two administrative assistants. The management style was more of a dictatorship than anything else.
Management at all levels within an organization must create their own plans utilizing their own processes to do so. Four types of planning are typically accomplished within an organization by different levels of management; these include Strategical, Tactical, Operational, and Contingency planning.

"The whole is more than the sum of its parts." This famous Aristotle quote serves as a strategic imperative for multinational corporations (MNCs) because the corporate headquarters must ensure that its business units are collectively more successful than if they were acting individually. (New strategy alignment in multinational corporations. (Nov 2005))

Senior executives of an organization normally accomplish strategic planning. Strategic planning involves issues of major organizational goal setting, organizational values definition, long-term survival, competitive strategy.

Toyota Financial Services (TFS) recently undertook a major business transition programme to in-source its back-office functions. This required that a large number of Toyota and Lexus retail finance contracts, together with all their associated transaction data, be converted from an external IBM mainframe-based system to an in-house system. The new system was based on the Lynx "Portfolio" software package using Unix and Oracle technology. ATD consultants worked closely with TFS throughout the data conversion project in the following roles:
• contributing to a feasibility study into the risks and benefits of undertaking a data conversion from the outsourced external system, and presenting the findings of the study to the TFS management board, which approved the data conversion project
• managing the data conversion project from the start, through to its successful conclusion 18 months later
• acting as the principal contacts with both the existing external system supplier.