Honda Motor Co., Ltd. today announced that the company will make organizational and operational changes, effective April 1, 2024, as it continues working toward the fulfillment of its vision to serve people worldwide with the “joy of expanding their life’s potential” in the areas of mobility and people’s daily lives.
While maintaining the direction of the organizational changes the company implemented over the past few years with an eye toward the realization of carbon neutrality by 2050, Honda will make additional changes to further accelerate its electrification business and to create new value by leveraging its broad and expanding range of mobility products and services by fully utilizing the company’s global resources.
Key points of the organizational changes effective April 1, 2024
1) Creation of Automobile Production Operations
2) Creation of Supply Chain & Purchasing Operations
3) Creation of Quality Innovation Operations
Details of the organizational changes
1) Creation of Automobile Production Operations：
Automobile Production Operations will be newly created to further strengthen product quality and establish high standards for the production system while deepening coordination and collaboration with each of the business and regional operations as well as functional operations.
The Production Unit and Production Engineering Units, currently under Automobile Operations, will be consolidated into this new Automobile Production Operations to enhance global coordination and collaboration and fully utilize global resources toward electrification and the realization of carbon neutrality.
2) Creation of Supply Chain & Purchasing Operations:
The Supply Chain & Purchasing Unit, currently under the Automobile Operations, will be elevated to the Operations level and become Supply Chain & Purchasing Operations, which will be in charge of realizing enhanced QCD in the electrified era by executing various measures including the strengthening of purchasing planning functions and the establishment of optimal purchasing operations for each parts category suitable for the next-generation SDV architecture.
3) Creation of Quality Innovation Operations:
The Quality Innovation Unit, the Quality & Compliance Audit Division and the Certification & Regulation Compliance Division will be consolidated into the new Quality Innovation Operations to further strengthen company-wide quality governance, including the areas of quality assurance and cyber security, from the perspective of digitalization.
By further accelerating the series of initiatives Honda has been taking to transform itself through electrification and new value creation, Honda strives to remain and become even more recognized as “a company society wants to exist” in the electrified era.
Topic: Press release summary
Honda Motor Co., Ltd. today announced that the company will make organizational and operational changes, effective April 1, 2023, as it continues working toward the fulfillment of its vision to serve people worldwide with the “joy of expanding their life’s potential” in the areas of mobility and people’s daily lives.
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With this year’s changes, Honda will further solidify the direction of the organizational changes made last year with an eye toward the realization of carbon neutrality by 2050. Specifically, Honda will strive to further accelerate its electrification business and create new value by
leveraging its broad and expanding range of mobility products and services.
Key points of the organizational changes
1) Creation of Electrification Business Development Operations
2) Reorganization of Regional Operations
3) Reorganization of Corporate Functions
Details of the organizational changes
1) Creation of Electrification Business Development Operations
Based on the Business Development Operations established April last year to strengthen electrification business, the Electrification Business Development Operations will be newly created. This operation will consolidate the business strategy and BEV product development functions of automobile business and electrification-related strategy and development functions of motorcycle and power products businesses to further strengthen and accelerate Honda?s electrification business.
2) Reorganization of Regional Operations
The current six regional operations will be consolidated into three regional operations — North America, China and Associated Regions.The new Regional Operations (Associated Regions) will combine four current regional operations, namely Japan, Asia & Oceania, South America and the Europe, Africa and the Middle East Region. With this change, Honda will execute electrification strategies and strengthen operations for each region based on its global strategy.
3) Reorganization of Corporate Functions
The Corporate Strategy Operations and Corporate Administration Operations will be newly created. The Corporate Strategy Operations will further strengthen Honda?s initiatives in formulating, executing and communicating its corporate strategies toward new value creation, and the Corporate Administration Operations will pursue the total optimization of corporate resources, which is aligned with corporate strategy.
By further accelerating the series of initiatives Honda has been taking to transform itself through electrification and new value creation, Honda strives to remain and become even more recognized as ?a company society wants to exist? in the electrified era.
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