Tesla's Mission, Vision, Values, and Goals
*The Company I choose is Tesla
This is where you will demonstrate to the class, both visually and orally, what you have learned.
You may choose any of the following platforms:
• A Poster Presentation
• A Traditional Presentation (PowerPoint works best!
• Build an App
• Other (with permission of your professor)
The Final Paper – This is the LESSON deliverable!
You will work all term on assignments that have led to this final moment. Each week you will do a piece of the final paper. Get constant feedback from your professor. Please use basic APA formatting. The paper must be at least 5 pages (excluding the reference section).
You should include:
Executive Summary/ Abstract
(~1 paragraph)
1. Write an executive summary, including:
• A brief overview of the company; and
• A brief overview of why you chose this company.
The Company Chosen and Description
(~2-3 paragraphs)
2. Please describe the company that you are choosing. Describe the background of the company. Your assignment should be at least one page. Please include the following information:
• Describe the firm. How old is it? What industry (or industries) is the firm active in? What products or services does it sell? Who are its principal competitors? Is it active internationally? How many employees does it have?
• Who is the CEO? How long has she/he been in the position? What has been the career track of the CEO?
Company's Mission, Vision, Values, and Goals
(~2-3 paragraphs)
3. Describe the company’s mission, vision, values, and goals. You will need to include:
• A list of the mission, vision, value and goals of the company.
• A brief evaluate the firm’s mission, vision, values, and goals.
• What are the positive aspects of these statements? Is there anything you would criticize? Is there anything the company is doing well?
Company’s Leadership
(~1 page)
4. Describe the company’s leadership team and style(s). You will need to answer the following questions:
• What can you find out about the leadership style of the chief executive officer? How would you characterize his/her leadership style?
• Does the leadership style he/she has adopted match the situation confronting the organization?
• Would you characterize the CEO as an effective leader? How would you explain his/her success or lack thereof?
Organizational Chart
(graphic)
5. Develop and design a current organizational chart for the company.
SWOT Analysis
(graphic)
6. Develop a SWOT analysis for your chosen company using the SWOT template.
Strategic Plan
(~1-3 paragraphs)
7. Locate the most recent Strategic plan for the organization.
• List the objectives for the major goals that the company is pursuing. List at least 3 objective goals.
• List details of the major goals and the projected deadlines.
• Describe the Competition
• How well has the firm performed recently compared to rivals? Has it outperformed rivals or underperformed them? Why?
• Choose and describe at least two alternative strategies
Globalization
(~1-2 paragraphs)
8. Describe the globalization of the company. This should be done by answering the following questions:
• In what countries does your company operate? Given that, when in your career might you expect to begin traveling to other countries?
• Given your company’s global operations, would you expect that you would actually live overseas at some point?
• If yur company is affected by global operations, what skills or abilities do you think will be important in getting a job there?
• You have found yourself in a conversation at a reception with the CEO of your company and you want to impress the CEO with your understanding of the company and global issues. What would you tell the CEO is the most important factor the company faces in its global environment?
• What would you ask the CEO about the company’s global environment?
Managing Global Operations
(~1-3 paragraphs)
9. Describe how the company can improve its operating efficiency.
• What operating strategies could it pursue, and how might they enhance the competitiveness of the enterprise?
• If a firm is a service enterprise, is its product offering standardized or customized to individual customers or customer groups? Are there benefits to increasing product customization? What operating process would have to be put in place to do that?
Organizational Culture
(~1-3 paragraphs)
10. Scan through the company’s website to find any statements made about the company’s culture. Describe what you found by answering these questions:
• Does the company explain how long it has held these cultural values or how they were formed? To whom are these ‘espoused’ values directed on the website? Prospective employees or customers?
• Does this organization win awards or come close to being one of the best places to work in the country? What other information suggests that this organization makes an effort to generate positive emotions for employees?
• In your opinion, is this organization a relatively high- or- low stress place to work? Explain your answer. What practices does this organization seem to use to help employees minimize stress?
Action Plan
(~1 Page)
11. Develop an action plan. (Components of this Action Plan will be completed during weeks 2-5, with the final draft due in Week 9). Create a plan outlining what you are going to do between now and when you go out on the job market to acquire the skills and abilities that you will need to become the company’s most attractive recruit. As with your gap analysis, avoid simplistic statements such as “get my degree in accounting.” Think in terms of skills, abilities and competencies rather than majors, courses, or job titles. This section of the paper represents an action plan for obtaining the competencies necessary to be the most attractive candidate applying to your chosen company.
• Qestions to think about:
o What position at the organization interest you and why?
o What career steps do you need to pursue in order to get to the ultimate job in that organization?
o To what extent does the organization provide employee training? Do its training programs seem to be above or below average for this industry? Thinking about production or service jobs, what training methods seem to be most widely used in this organization
Tesla
Author
Affiliation
Course
Instructor
Due Date
Executive Summary
Tesla is a major participant in the electric vehicle business as a manufacturer and marketer in China, the United States, and throughout the globe. Automotive and energy production and storage are the company's two primary segments and its makes the company the perfect choice for analysis as the world moves to a clean energy. Tesla's goal is to hasten the adoption of sustainable transportation by bringing affordable mass-market electric automobiles to market as soon as feasible. The mission of the company is exciting as it offers one a glimpse into the future through what the company is promising. The leadership style is discussed in depth since it has an influence on how Tesla operates. Tesla's success, on the other hand, may be assessed by the company's concept of employee empowerment and creating a happy work environment. The strategic priorities of the organization are the group's guiding principles. Setting defined priorities allows the team to concentrate on a meaningful project rather than wasting time. Tesla's corporate culture encourages employees to seek out the best solutions, which helps the company distinguish out in the automotive, energy-producing, and storage markets. As part of the company's ongoing effort to improve itself, employees are encouraged to come up with new ideas.
Tesla
Introduction
Car and energy technology company Tesla Inc. (Tesla) Energy generating and storage solutions and electric cars are all part of the company's product line. It produces and sells the Tesla Roadster and Model Y vehicles. On top of this, Tesla also offers complete turnkey energy solutions that cover everything from generation to storage to use. It advertises and sells automobiles to the general public via a network of company-owned stores and galleries. Many lawsuits and controversies have arisen due to CEO Elon Musk's public actions and comments, allegations of creative accounting and whistleblower retaliation, worker rights violations, and unsolved and dangerous technical issues with their products. The National Highway Traffic Safety Administration (NHTSA) has ordered Tesla to provide data on all Autopilot-equipped vehicles sold in the United States by September 2021.
Industry Participation
Tesla is a significant player in the electric vehicle market as a producer and advertiser of electric cars in China, the United States, and worldwide. The company's two main divisions are automotive and energy production and storage. Governmental credits and electric vehicles are available in the Automotive Segment. It is possible to purchase a Tesla directly or through a used car dealer, and there is a channel of Tesla Superchargers and in-app upgrades available.
Aside from the sale of used vehicles, retail merchandise, and insurance for automobiles, this section also serves customers for electric cars through company-owned stations and Tesla mobile service specialists and limited warranty period and additional service plans for the vehicles themselves (Teece, 2018). With the help of a network of channel partners, Energy Generating and Storage sells solar energy generation and storage products and related services to consumers in the residential, commercial, and industrial sectors. Many financing options are available to those purchasing solar panels and warranty coverage.
Company's Mission, Vision, Values, and Goals
Tesla's mission is to "accelerate the advent of sustainable transportation by bringing compelling mass-market electric cars to market as quickly as possible," Its vision is to "create the most compelling car company of the twenty-first century by leading the world's transition to electric vehicles." Tesla intends to do this by spearheading the global shift to electric automobiles. Tesla has developed a transitional business model while its ecosystem develops.
When Elon Musk took over as CEO of Tesla, he immediately adopted a strategy that would enable the firm to compete on pricing with other autos on the market. Consequently, Tesla's initial model was a sports vehicle with pricing comparable to the competition.
Nikola Tesla's goal is to speed the transition to clean, renewable energy sources. Tesla was founded in 2003 by a group of engineers to show the world that becoming electric does not require drivers to forgo performance and that electric cars may be more pleasurable to drive than gasoline-powered vehicles. The company today has a total of 70,757 employees as shown in the company’s website.
A mission statement, in essence, states your company's aim as simply as possible. It should incorporate your company's core beliefs and its significant goals, and this statement should focus on your organization's future rather than the current state of affairs.
An organization's mission statement is a tool for guiding it in the right direction. It also aids it in making sound business decisions that benefit the company's bottom line. If a company does not have a mission statement, it may have trouble developing plans. A strong mission statement can inspire, motivate, and even transform your business. They provide a concise explanation of why your firm exists and the growth goals you've set for it. Mission statements compatible with a company's guiding philosophy and culture that help steer an organization into the future are the most successful.
The Company’s Leadership Team and Style
Leadership directly impacts a company's culture, which affects productivity and efficiency. A wise leader would tailor these objectives to the specific needs of each individual and then provide the resources necessary to achieve them. Deferring activities and having one-on-one contact with coworkers can help boost employee morale. The leadership style has a direct impact on Tesla. The way executives delegate responsibilities and lead "employee performance and the achievement of company objectives" has improved.
You can't remember being impressed when you saw Elon Musk in action. Tesla's needs are distinguishable from those of other businesses because the company is focused on long-term sustainability. As a result of the industry's low entry requirements, he has an advantage over the competition. As a result, he has risen to the top of the industry. Tesla is working on a broader range of energy-related alternatives than just cars, and it is these that will shape our future. With products like the Power Wall, Solar Roof, and PowerPack, he is now concentrating on renewable ...
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