Homework: Strategy Formulation & Implementation
Issues for Debate
Tesla
In lieu of the current discussion questions at the end of the "Issue for Debate" regarding Tata Motors and Tesla students will develop a strategic plan with recommendations for future implementation. For this homework, students will walk through the strategic management process. The strategic management process enables organizations to achieve objectives through three stages: strategy formulation, strategy implementation, and strategy evaluation. Your strategic plan/recommendations should aim to innovate. Throughout the development of your strategic plan consider your organization's responsibility in the greater social good from a Christian perspective and how your plan address ethics, social responsibility and sustainability. Imagine you need to present your initial pitch for your Strategic Initiative Plan to Tesla.
Develop a 5 to 7 pages paper that outlines your strategic plan and recommendations. In your presentation, address the following:
i. Provide the vision, mission, and core values of the organization.
ii. Complete a SWOT analysis and Porter's Five Forces analysis.
iii. What is your competitive advantage? Moving forward what specific recommendations would you suggest for Tesla to implement?
iv. How will these efforts be evaluated? Is Tesla trying to build an ambidextrous organization?
v. Should it be doing so? If yes, what actions can it take to build an ambidextrous firm?
vi. How would you evaluate those actions?
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.