Embedding HR Strategies in Corporate Strategies at Tesla

Running head: HUMAN RESOURCE MANAGEMENT
Human Resource Management
Name of the Student
Name of the University
Author note

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Table of Contents
Introduction................................................................................................................................2
Overview of Tesla......................................................................................................................2
The rationale of Embedding HR Strategies in Broader Corporate Strategies............................2
Analysis of Embedding HR Strategies in Corporate Strategies at Tesla...................................3
Implementation of HR Strategy at Department Level...............................................................4
Contemporary HR Challenges Faced by Tesla..........................................................................5
Recommendations......................................................................................................................6
Conclusion..................................................................................................................................7
References..................................................................................................................................8

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Introduction
The essay throws light on analysing the rationale of embedding the different human
resource management strategies in broader corporate strategy. Proper analysis is required to
be done which will help investigate the embedding of the HR strategy in broader corporate
strategy of the company. The company which has been considered in the essay is Tesla, and
proper discussion is required to analyse the process of implementing the HR strategy which
will be followed by Tesla at the department level. Lastly, the adequate discussion is necessary
to investigate current HR challenges faced by the company and the role of HR strategy in
solving the same.
Overview of Tesla
Tesla is one of the American automotive along with energy organizations which is
based in California. The organization specialises in the manufacturing of electric car through
the solar panel subsidiary. The company was founded in the year 2003, and the areas served
by the company is worldwide (Tesla.com, 2019). There has been increasing in the revenue of
the company of US$21.461 billion until the year 2018, and the number of employees working
at Tesla is 45000 until the year 2018.
The rationale of Embedding HR Strategies in Broader Corporate Strategies
The corporate strategies of the organization are closely related to the procedures
related to human resource management within the organization, and they can attain a higher
level of corporate performance. The three essential strategies which the firms compete in the
single market are Growth Strategy, Cost Leadershipand Focus Strategy.

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In the case of the Growth Strategy, the key challenge which is faced by companies is
recruiting along with qualified training employees who will assist in operating the growing
operations. In such a scenario, the top management team will be consulting with the HRM
team which ensures that it had the proper capability to train the new employees appropriately.
During mergers and acquisitions, the major challenge faced by HR managers is to determine
how to merge the two organizations into a single one (Wright, 2018). In both organizations,
there are different HR strategies which are followed, it is the responsibility of the HR
managers to decide which are the practices which should be retained and it will be sufficient
for the growth of the company.
In the case of Cost-Leadership Strategy, wherein the primary emphasis is on
reducing costs as much as possible, and it allows the firms in charging minimum pricing for
products. In such scenario, the HR of the companies need to focus on recruiting and retaining
those employees who work efficiently and the training mainly emphasizes on efficient
production methods along with the system of reward depends on the quantity and not quality
of products delivered. The different fast food restaurants follow the respective strategy to
control the cost of labour.
In the case of focus strategy, the central aspect is targeting a specific group of
customers in the market for selling products and services. The critical goal of HR is recruiting
as well as retaining employees who have an understanding regarding the local market and
analyse the language of most of the customers.
Analysis of Embedding HR Strategies in Corporate Strategies at Tesla
In the case of Tesla Motors Company, the strategies related to Human Resource can
be embedded in the corporate strategy in the following manner: