Tesla Inc Management Strategy – The 5 steps in the strategic management

Question

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Tesla Inc Management Strategy Discussion

1. think of all we have discussed in our short time together:

  • The 5 steps in the strategic management process
  • Vison, Mission, Values and Starting with Why
  • Porters Generic Strategies and Kim’s Value Innovation
  • Translating the strategy through balanced scorecards and strategy maps
  • Analysis tools like Pestel, Core Competencies, SWOT, Scenario Planning

As you have answered these questions and done the assignments over the quarter you should now be able to think of 1 recommendations for a strategic initiative your chosen company should take to move their strategy forward.

Please submit the 1 initiative in a post along with the reason you chose the initiative and how implementing the initiative will benefit the organization.

2. Watch this week’s lecture and submit a scenario plan for your chosen company based on 2 PESTEL factors with extremes and detailed scenarios as described in the lecture. You may submit this as a PPT or word, whichever works for you. 

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