To future-proof itself and remain on the frontier of these profound changes, Toyota – one of the world’s largest automotive companies – had committed to transforming itself from an automotive company into a mobility company. To do so, it created “Woven by Toyota” to establish a strong lead in industry transformation and innovate new technologies and software development. Daisuke Toyoda, son of Toyota’s president, Akio Toyoda, had been named senior vice-president of this subsidiary, and his role included executing the Woven City project, a test course for accelerating Toyota’s mobility product development. Daisuke was given the task of developing and implementing the Woven City project strategy and was determined, along with his team, to make this high-stakes living laboratory successful. By the end of 2022, Daisuke knew many important steps had already been taken in the creation of Woven City, yet as the project gained visibility and progressed beyond its conceptualization phase, important challenges had to be addressed and key choices made to bring this radically innovative project to life.
Woven City: Reimagining Mobility At Toyota
Pisani, Niccolò;Maroonian, Aris;Freitas, Thiago;Vamsi Gangineni, Mohana;Sultanov, Nurlan
Product #:IMD-7-2428
Supplier:IMD
Discipline:Information Systems
Setting:Japan, 2020-2022
Industries:
Your Price:$10.54
Purchase this material with a free Educator Account and enjoy more benefits:
- Free Educator Copy
- Free Teaching Notes
- Build your coursepack
- Discounted academic price
Learning Objectives
• How to evaluate and align existing strategy to the mission
• Which new value constellations (platform-based business model) are available for transforming an industry?