Analyzing Tesla's Strategic Solutions: R&D, Production, HR & Strategy

Verified

Added on  2023/06/17

|8
|473
|173
Presentation
AI Summary
This presentation provides an overview of Tesla's strategic solutions, focusing on research and development (R&D), production, and human resources. Tesla invests heavily in R&D to maintain a competitive edge through innovation and product improvement. The company produces key components internally while also sourcing from other countries, emphasizing high-volume production. Human resources are crucial for implementing strategic actions, with a focus on hiring individuals passionate about sustainable energy and fostering an innovative culture through training programs. A comparison with Ford Motor Company is also included, highlighting differences in their strategic approaches. The presentation concludes with a reference list acknowledging the sources used in the analysis. Desklib provides access to similar presentations and study resources for students.
tabler-icon-diamond-filled.svg

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Strategic Solution Slide
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Introduction
Strategic solution is related to
mainly a long term- permanent
solution of formulating,
implementing and evaluating
cross-functional decisions that
will enable an organisation to
achieve its objectives and goals
Document Page
Research and development
Tesla spend a lot in R&D expenses which requires a huge investment for investing
more because Tesla is focusing on software updates, automation, research and
development. R & D allows a company to stay ahead in the competition. Without
R&D a company may not survive on its own and through R&D Tesla can design new
innovative products and improve their existing products.
Document Page
Production
Tesla produces its own key components such
as electric motor, charger and the battery
pack and it also buys its product from
different countries like Europe and China.
Tesla's future depends upon the high-volume
production so it focusing on making the
machine that makes the machine. In fact,
Tesla is planning to increase the speed of
the production
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Human Resources
Human resources are required to fulfil the strategic actions for proper functioning of
the company through the hiring process
Tesla's main mission is to accelerate the world's transition to sustainable energy by
appointing the suitable and best people that share the same passion in the
innovative culture. Tesla involves training programs to orient employees to improve
the organisational culture. It also creates human resource competence necessary for
innovative products in the global automotive business.
Document Page
Strategy
Ford Motor company was founded by Henry Ford on June 16,1903. It is an
American multinational automobile manufacturer which has its headquarters in
United States.
Ford Motor company was founded by Henry Ford on June 16,1903. It is an
American multinational automobile manufacturer which has its headquarters in
United States. The company sells commercial vehicles and automobile
Document Page
REFERENCES
Grassi, A. and Vallati, M., 2019, May. AI to Facilitate Legal Analysis in the PESTLE
Context. In Proceedings of the 2019 Emerging Technology Conference. University of
Huddersfield.
Jones, R.W. and Kierzkowski, H., 2018. The role of services in production and
international trade: A theoretical framework. World Scientific Book Chapters, pp.233-253.
Karpenko, L., Zhylinska, O., Zalizko, V., Gaidai, T. and Kukhta, P., 2019. Strategic
management of entrepreneurship based on smart technologies. Journal of
Entrepreneurship Education, 22(5), pp.1-6.
Köseoğlu, M.A. and Parnell, J., 2020. The evolution of the intellectual structure of
strategic management between 1980 and 2019. Journal of Strategy and Management.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Thank You
chevron_up_icon
1 out of 8
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]