Tesla's Strategic Management: An Analysis of Growth Strategies

This report provides a strategic analysis of Tesla, focusing on its competitive environment using Porter's Five Forces, value chain activities, and strategic recommendations for improved business performance. The analysis covers competitive rivalry, bargaining power of buyers and suppliers, and the threat of substitutes and new entrants. The value chain assessment details primary activities such as inbound and outbound logistics, sales and marketing, and service, as well as supportive activities like human resource management. Recommendations include leveraging the Maslow Hierarchy of Needs for employee management and enhancing the customer experience through direct sales channels. The report concludes by emphasizing the importance of quality resources, client commitment, and continuous improvement in value chain activities, offering insights into Tesla's strategic approaches and potential areas for development. Desklib offers a range of solved assignments and study tools for students seeking to deepen their understanding of strategic management.

Strategic Management

 Tesla is America electric vehicle and clean energy company. The
organization design many products such as electric cars, battery energy,
grid scale, solar panels, solar roof titles and many other products, while
report will explain about some relevant framework and models,
identification of capabilities or competitive. While also examine about
recommendation with using some logical and reasoned for improving
business performance. Also, critical reflection on approaches on analysed
and how the models that have been used for making report.
INTRODUCTION

 Competitive rivalry
 There are just few firms effective in the auto market. This outer factor
restricts the impact of contest on organization like Tesla, inc. Nonetheless,
these organizations are most part forceful in advance and advancing their
items. This could be led with some high power of electric market.
 Bargaining power of buyers
 This exterior factor forces solid power against the organization and
different players in the car business climate (Bartošova and et.al., 2020). In
any case, the convenience of substitutes just moderate and large, in this
way restrict clients barter power against Tesla inc.
Porter five forces

 Bargaining power of suppliers
Also, greater part of these provider are sensibly estimated,
consequently having restricted impact on auto business climate. Another
outside factor is moderate degree of supply, which engage providers to
power Tesla, however just somewhat (Coen and Vannoni , 2020).
 Threat of substitutes
In this outside investigation case, the low exchange costs
empower substitutes, like public transportation, to compactly draw in
clients. This outside factor forces a solid power against Tesla production
environment.
 Threat of new entrants
 What's more, auto accumulate has significant expenses,
which force hindrance to new firms. Moreover, set up players like Tesla
advantage from expanding economies of scale, which new contestant can
just achieve after surpass a creation limit (Köseoglu, Yick and Parnell,
2021).

 Primary activities
 Essential activities chain alludes to the creation and administrations. The
essential exercises of a firm incorporate inbound coordination's, outbound
coordination's, deals and showcasing, and ultimately benefits.
 There is enormous rivalry between the car organizations, and they work
through mechanized media or media to advance their image.
 Many organizations have put truckload of cash in the publicity of their
image while Tesla is the organization that put a minor sum in showcasing
than different organizations in the business.
 It put income into showcasing for most part site and other mechanized
channels.
Value chain

 Supportive activities
 For running the organization and keeping up with output the human asset
the board is vital. Hr the executives can be found out expand serious
strength of rivals and make the organization cutthroat. Tesla is yielding
importance to the hr division fortify its relationship with the client and at
last to build its solidarity. There are many key parts or likely substances
that can acquired from provider and for that hope.

 This was basically staff reconsider that utilize the Maslow Hierarchy of Needs to
direct implementation the executives.
 The study was gigantic attainment and accomplished a notable 91% cooperation
rate. So, it's bizarre that during the residency of Gaby Toledano, the Chief People
Officer who left toward the end last year, Tesla seems accepted altogether unique
methodology. subtlety are dainty; however, it appears to be that returned to
utilize customary yearly appraisal to decide advancement, and firings.
 That is distinct change around from their past commitment method pointed
toward assisting senate with arriving at the highest point of self-realization
pyramid. By possessing the business channel, Tesla trusts it can acquire benefit in
speed of item advancement.
 All more significantly, it makes superior client purchase experience. Tesla display
areas have no possible incompatible situations. Clients direct Tesla-utilized deals
and administration staff.
Recommendation

 I was thinking that Tesla also need to follow the Maslow models through
which they can easily make sure for having the proper estimation about
how the company can keep the growth. I have also view many of the
porters strategic which could help for keeping the business growth and
value chain about the primary and supportive activities that could keep
the proper growth. Description: this could keep the experience about
completion of estimation that could help me for knowing about
organization details. Feelings: as this could led me for knowing about
when making report on given topic, about I will complete the given and
collection of data will help me or not. Evaluation: good experience was
taken from such things that will help me for knowing about various
effective things. Analysis: this could help for making sense about those
situation which I have faced and this might be more possible for me in
improving those skills and knowledge.
Reflection

 From the above report it had been concluded that, organization can buy
quality natural essence and expand client pledge dependent on the
legitimacy that accomplish competitive separation by limitation the
carriage season of the arranged items to customers. The further
methodology can likewise be used motors to foster its individual asset
strategies. It advance the worth chain movements to bring in further
developed client help.
CONCLUSION

 Bartošova, V. and et.al., 2020. Strategic Management of Development
and Institutional Formation of Organizations. Academy of Strategic
Management Journal. 19(3). pp.1-8.
 Coen, D. and Vannoni, M., 2020. The strategic management of
government affairs in Brussels. Business & Society. 59(4. pp.612-641.
 Köseoglu, M.A., Yick, M.Y.Y. and Parnell, J.A., 2021. The Dissemination
of Corporate Social Responsibility into the Intellectual Structure of
Strategic Management. Journal of Cleaner Production, p.127505.
 Leiblein, M.J. and Reuer, J.J., 2020. Foundations and futures of strategic
management. Strategic Management Review. 1(1). pp.1-33.
 Wang, Z. and et.al., 2021. Strategic management of product recovery and
its environmental impact. International Journal of Production
Research. 59(20). pp.6104-6124.
REFERENCES