Strategic Management and Sustainability

This study material explores the concept of strategic management and sustainability, focusing on the practices, challenges, and opportunities faced by Tesla, a prominent electric vehicle manufacturer. It discusses various strategic choices and practices adopted by Tesla, such as product design, quality control, process and capacity design, and inventory control. The material also highlights the competition and risks faced by Tesla in the industry and provides recommendations for its success.

Strategic Management and
Sustainability

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
CONCLUSION................................................................................................................................5
RECOMMONEDATIONS..............................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Strategic management is an establishment may be defined and defined as utilizing the
sources and assets accessible in the company to perform and meet the set business ambitions and
goals. It is a full-size factor within a employer as it helps the management of the company in
developing plans in addition to guidelines and implement plan accurately and properly. Strategic
control allows the administration of a commercial enterprise task to make knowledgeable
determinations and broaden as well as form green plans of moves. For the completion of this
assessment, Tesla is taken in to consideration (Garavan and McGuire, 2010). This is an vehicle
industry business enterprise and its modern products includes electric powered automobiles,
battery power garage from domestic to grid scale, solar panels roof tiles and plenty of extra
offerings or goods. Tesla is ranked as the arena’s pleasant promoting plug-in and battery electric
powered passenger automobile manufacturer. The written document will consider information
about the current practices, challenges and opportunities of respective organisation.
MAIN BODY
As in keeping with the view of Thompson A. (2018), Tesla Inc.’s procedures manipulate
activities cope with the objectives within the 10 tactical selections for maximum positive
productivity in all regions of the automobile and strength answers commercial organization.
There are a few strategic preference areas want operations administrators to manipulate first-rate
pattern to assure contour, work ratio and immoderate productiveness inside organization. The
chosen firm has global growth plans counted on the achievement of these exercise in optimising
productiveness & ordinary execution. As per this, employer’s scientific creativity desires guide
and rely upon operation administration overall presentation. In this, productiveness of
organisation car production typical action primarily based mostly on operation establishment
average action, in conjunction with within the region of stock manage and deliver chain manage
(Stephens and Graham, 2010). In context of business company practices and operation manage
strategies based on firm perspective and undertaking aspect that designate loads mission’s
process and operation. Operation manipulate process approval to excessive productivity and the
improvement of the organisation no matter terrible outside forces. There are some practice or
business employer activities of Tesla:
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Design of services and products, on this exercise, operation managers centre on how the
agency’s merchandise have an impact on fees, first-class goals and property. In context of this,
Tesla Inc. Addresses this in numerous sections problem via using manner of concurrent
innovation that engages concurrent modernization specifically segments of the motor vehicle,
battery and sun panel commercial enterprise company. To guarantee ratio in manufacturing
advanced galvanic powered powered automobiles, employer continuously introduce its goods &
supply chain systems. It is high-quality that the agency centres on electric powered powered
automobiles (Bos‐Brouwers, 2010). As an define, the selection firm manage targeted on the
innovation and industry of electric transport, which consist of through optimisation of
organisational capacity for innovating electric powered motors and vehicle additives. Quality
control, it's far each different current commercial enterprise exercising of Tesla. Satisfying
purchasers’ wonderful expectations is the critical aspect aim and purpose on this plan of action
orientation place of dealing manipulate. Tesla In. Addresses this plan of action nonsubjective
through everyday extraordinary checks, fine transformation started and studies on the
automobile/facility and electricity in marketplace. Along with this, the corporation maintains to
broaden its items and methods to satisfy excessive degree for extraordinary and productiveness
(Breuer and et. Al., 2018). For instance, Tesla’s dealing director on a regular basis organise
splendid opinions of and enforce development for industry methods. Furthermore, in reaction to
first-rate troubles with providers of car components, Elon Musk displacement the industrial
company agency in the direction of producing extra of its non-public vehicle components in
preference to souring from components productions. This shift maximises managerial workload,
but develops notable manage and number one product notable.
Process and capability design, this commercial enterprise business corporation practice
centres on commercial organisation techniques, along aspect associated with the funds, sources
and necessities. Chosen organisation consists of automation for this issue. Moreover, the
business enterprise automates manufacture processes blended with human intervention. This
scenario supports Tesla accomplishes excessive productiveness with the useful resource of
operational effectiveness inside the automotive and power solutions employer. Along with this,
the organisational shape of respective assignment impact and s inspired by this place of
operations manipulate. For instance, some factors of the company framework rely on reliable
device and functionality needs inside the industrial corporation. Location approach, logistics and
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close to marketplace, belonging, vendors are considered on this strategic choice vicinity of
operations manipulate. In context to property, the manager of chosen firm use worldwide
acquire. Moreover, providers within the US, Europe and Asia provide a number important
additives organisation’s battery vehicles & awesome items (Fernández-Sánchez and Rodríguez-
López, 2010). This organization practice consists excessive future areas for presentations and
sales transactions, at the side of the organisation’s enormously excessive charges and
specialisation in electric powered powered cars and strength products. Layout design and
method, on this strategic desire vicinity, operations manage worried along task maximum
gratifying go with the flow of assets and records (Martins and Pato, 2019). As per this , layouts
are planned to increase capability use offerings, especially homes utilised for producing electric
powered powered automobiles. Also, the economic employer organisation employs fantastic
technology and system for internal convey. There are machine decorate productiveness in
organisation process. However, enterprise reduces distances between intermediator techniques in
its industry gadget.
Adequacy of green human belongings is the goal on this physical exercise. Tesla satisfies
this purpose via a aggressive repayment plan to get attention of effective and successful
personnel. It is in particular enormous in the marketplace, in which many institutions compete
for excessive exceptional human belongings. The business enterprise way of life of Tesla centres
on creativity & trouble fixing measure to the explanation of the employer exercise. Along with
this, the employer’s operations manage ensure performance and immoderate productiveness of
employees through regular training similarly to control improvement instructions. As per this,
the rise of leader in this create improvement utilised to complete enterprise management
necessities to growth its automobile industrial enterprise. Inventory manage, inventory
alternatives, charges and manual for manufacturing are covered on this exercise. Some of the
selections supported to process administration necessities which make spotlight fine.
Administrators want that stock maintaining does no longer have an impact at the superb of
substances utilised for the corporation’s electric automobiles. Apart from this, for immoderate
productivity and decreased stock prices, Tesla’s operations considers definitely in time stock for
a few materials (Kolk and Perego, 2010). For example, some materials for vehicle manufacturing
are considered as fast as they appear on the corporation’s manufacturing offerings. Moreover,
sufficiency of beginning and industry ability are the non subjective in this plan of action desire
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workplace exercise. Tesla makes top notch resource adequacy through regular inventory coping
with that with out problems answer to displacement in marketplace condition. The reputation quo
mentioned the reason powerful manufacturing ability via a little but essential diploma of excess
strategies and manufacturing property. As per this, chosen firm keeps more industry capability in
number of offerings. In context with this, they maintains extra manufacture functionality in some
of its offerings. Such repetitiveness follow the commercial enterprise the agency agency fast
make bigger its industry in consequence to rise in marketplace call for for battery powered
vehicles. The number of practices create proper response within the productiveness and ordinary
performance of respective task.
As constant with the view of Scheer B. (2020), if Tesla wants to be the awesome electric
powered powered automobile car manufacturer in the complete global. It simply is however
there will also regular to be high rivalry. There are large organizations like Ford and Chevrolet
who have been producing motors for decades upon a long time. However they will be more
recent to the energy vehicle location. Even if they will be within the again of on energy vehicle
production, they are slowly catching up through their new automobile offerings. Meanwhile,
there are new EV automobile manufacturers coming to the scene (Coenen, Benneworth and
Truffer, 2012). For example, there is a few manufacturer that have materialized within the last
decade don't forget Nikola and NIO. It has been analysed that they are generating EVs from the
floor up and not lots else, that they will be constructing EVs from the ground up and now not
masses else that truely may additionally want to create competition from a manufacturing
attitude. Tesla has been working on self sufficient riding software program that is probably now
not utilised in its personal vehicles however moreover be supplied to one of a kind producers
who need autonomous driving competencies in their vehicles. Also, Tesla is starting to provide
confined self riding software alternatives, as it constants to paintings through the annoying
conditions of all inclusive software program. One of the stressful situations is that there are other
ventures running in particularly advanced self riding generation, possibly even in advance of
Tesla’s software. For example, Alphabet is a self sufficient the use of software program.
Additionally, in context of promoting this period to other auto mobile manufacturers, that
translation not but clean. While Tesla centres at the utilisation of cameras for unbiased driving,
unique auto mobiles these days depend upon laser sensor technology instead. Another
undertaking is related to competition, some of the primary producers within the automobile
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industry are in the end making an funding huge in electric powered automobiles. Tesla’s highly-
priced motors already face excessive opposition from vehicles like Chevy Bolt and whilst extra
cheap cars appear, the affect will be vast. Also, the lengthy cope of coronavirus is felt anywhere.
Along with employer stoppages an final results of the request of lock downs within the land of
California. Musk has vulnerable to flout lock down road map and decision returned to coating.
He has publicly protected relocating from California to a nation extra beneficial to his
commercial enterprise worries. Moreover, the have an effect on on call for and the dangers taken
into consideration in manufacturing maintain to convey together troubles.
According to Frue K. (2019), Tesla is not simply focused on promoting automobiles. The
vision is plenty grander than that: Tesla wants to revolutionize the riding revel in. They have
started out with providing electric motors (Hopwood and Unerman, 2010). Even though they're
now not the simplest organisation presenting these styles of motors, Tesla, is regularly the
primary one they think about when electric motors are cited. Tesla has a miles smaller
manufacturing pressure than different companies. At one factor, they handiest had one plant,
located in California. Clearly, this means Tesla need to most effective make a certain quantity of
automobiles which made hitting better purpose volumes greater difficult. Tesla is constructing an
important device for Autonomous riding: exact street maps. They used proper data base which is
fixed inside and they usually make their own path. With any self enough software program
application software (Flores, 2018). So inside the same way that chosen can promote the battery
use to other automaker, which they can promote access its maps by establishing a proper road
map. By doing this Tesla maintains the equal gain as sharing the Superchargers. While Google
has definitely a fantastic self sustaining software application they, in my opinion, made a mistake
via manner of no longer the use of an iterative technique. Tesla grade by grade method can
deliver self assurance for plenty automakers to shop for a software program it is greater
traditional and could most effective enhance with time.
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CONCLUSION
This has been concluded form the above described statistics that strategic management and
sustainability is a pastime or system to manage the commercial enterprise operation and actions
in systematic way so that commercial enterprise can be sustainable till long time. Along with
this, there are special enterprise practices which help the organisation in going for walks their in
effective and efficient way. Along with this, there are distinctive kind of demanding situations
which might be confronted by means of Tesla in term of competition and plenty of extra. In
addition to this, there are several opportunities which may be grape through the control of
respective company for you to male development in its business.
RECOMMONEDATIONS
There are a few guidelines which may be considered thru Tesla along with the respective
organisation can effects widen an app, entrenched in this with by their variety. By using
SolarCity method supplying complete explanation. This issuer will embody a completely unique
assurance so version S owners just should press on a button to begin taking component. Tesla
has fewer motors running on path fanatics may glad attend extra and reimburse a bit more. The
respective enterprise will have sufficient cash to simplest take a tiny price. Because most of those
drives are like a massive take a look at pressure device for destiny customers. It will increase
moreover the Referral software program software. The particular venture owners will no longer
be meagre cab drivers, but salesmen on the path. And through the usage of doing this software,
Tesla unexpectedly create the possession knowledge of a Tesla extra reasonably-priced, as your
automobile provide some greenbacks. Not right now however in some years, Tesla can begin a
very self sustaining. with personal vehicles a mixture personal motors and proprietors provide
the care at the same time as they do no longer need it.
REFERENCES
Books & Journals
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Garavan, T.N. and McGuire, D., 2010. Human resource development and society: Human
resource development’s role in embedding corporate social responsibility,
sustainability, and ethics in organizations. Advances in Developing Human
Resources, 12(5), pp.487-507.
Stephens, J.C. and Graham, A.C., 2010. Toward an empirical research agenda for sustainability
in higher education: exploring the transition management framework. Journal of
Cleaner Production, 18(7), pp.611-618.
Bos‐Brouwers, H.E.J., 2010. Corporate sustainability and innovation in SMEs: evidence of
themes and activities in practice. Business strategy and the environment, 19(7), pp.417-
435.
Fernández-Sánchez, G. and Rodríguez-López, F., 2010. A methodology to identify sustainability
indicators in construction project management—Application to infrastructure projects
in Spain. Ecological Indicators, 10(6), pp.1193-1201.
Kolk, A. and Perego, P., 2010. Determinants of the adoption of sustainability assurance
statements: An international investigation. Business strategy and the
environment, 19(3), pp.182-198.
Coenen, L., Benneworth, P. and Truffer, B., 2012. Toward a spatial perspective on sustainability
transitions. Research policy, 41(6), pp.968-979.
Hopwood, A.G. and Unerman, J. eds., 2010. Accounting for sustainability: Practical insights.
Earthscan.
Ameer, R. and Othman, R., 2012. Sustainability practices and corporate financial performance:
A study based on the top global corporations. Journal of business ethics, 108(1), pp.61-
79.
Perego, P. and Kolk, A., 2012. Multinationals’ accountability on sustainability: The evolution of
third-party assurance of sustainability reports. Journal of business ethics, 110(2),
pp.173-190.
Presley, A. and Meade, L., 2010. Benchmarking for sustainability: an application to the
sustainable construction industry. Benchmarking: an international Journal.
Gao, J. and Bansal, P., 2013. Instrumental and integrative logics in business
sustainability. Journal of Business Ethics, 112(2), pp.241-2
Online
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Thompson A. 2018. Tesla, Inc.’s Operations Management: 10 Decisions, Productivity.
[Online]. Available Through: < http://panmore.com/tesla-motors-inc-operations-management-
10-decisions-areas-productivity>.
Scheer B. 2020. Main Challenges That Tesla Faces. [Online]. Available Through: <
https://medium.com/swlh/3-main-challenges-that-tesla-faces-c6bcabd645d6>.
Tesla's "new" business opportunities. 2020. [Online]. Available Through: <
https://forums.tesla.com/discussion/54277/teslas-new-business-opportunities>.
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