Stakeholder Analysis and Strategy Development Report

STAKEHOLDER ANALYSIS AND STRATEGY
DEVELOPMENT REPORT

Executive Summary
Stakeholder management is one of the KPIs for business and the instant report deals
with the analysis of stakeholder management and related aspects from the context of
Tesla, an automotive giant across the globe. The report identifies four distinct
stakeholder groups and evaluates the same in the business context. Finally, the report
provides a recommendation for the management as the analysis shows some flaws
within the operational manual and corporate objective framework.
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Table of Contents
1.0 Introduction..................................................................................................................4
2.0 Company Overview.....................................................................................................5
2.1 Operations................................................................................................................5
2.2 Vision and Mission...................................................................................................5
2.3 Industry Trends........................................................................................................6
2.4 Strategic Challenges................................................................................................7
3.0 Stakeholder View of the Organisation.........................................................................8
3.2 Stakeholder Groups in Tesla....................................................................................8
4.0 Stakeholder Analysis.................................................................................................10
5.0 Stakeholder Category Identification and Generic Strategic Programs.....................12
6.0 Recommendation.......................................................................................................14
7.0 Conclusion.................................................................................................................15
References.......................................................................................................................16
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1.0 Introduction
Stakeholder management may be considered to be one of the key success parameters
for business as the stakeholders are primary resources for the company and hence, it
becomes utmost responsibility for the management to create a stable and efficient
stakeholder management policy for them (Andriof and Waddock, 2017, p.21). The
instant report delves into the analysis of stakeholder management plan of Tesla in the
context of an established and relevant theoretical framework in this regard.
At the very beginning of the study, the paper introduces the topic followed by the brief
discussion on the organisational overview with reference to its operations, mission and
vision, performance and also the strategic challenges in the context of market trends in
the industry. In the subsequent parts of the paper, the researcher provides a concise
analysis of the stakeholders of the company. In addition, the paper identifies four
stakeholder groups that are critical to the success of the business and evaluates the
respective strategies that could have been applied for managing the groups. In the last,
the researcher sumps up the discussion by way of recommendation for the
management of Tesla regarding the stakeholder management policies and then wraps
up the discussion by way of concluding note.
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