In lieu of the current discussion questions at the end of the “Issue for Debate” on page 323 regarding Tata Motors and Tesla students will develop a strategic plan with recommendations for future implementation. For this assignment, 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.
Following APA 7 style, develop a 5-7-page paper that outlines your strategic plan and recommendations. In your presentation, address the following:
• Assess Tesla’s vision, mission, and core values.
• Complete a SWOT analysis
• Assess Porter’s Five Forces
• Assess Tesla’s competitive advantage.
• Develop specific recommendations for Tesla to implement, How will these recommendations be evaluated?
• Is Tesla becoming a ambidextrous organization. Should it be doing so? If yes, what actions can it take to build an ambidextrous firm?
How would you evaluate those actions?
Use the bullet points above as headings. In addition to your textbook, cite 3-5 sources in your paper. Proper APA format is required for this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines. For more information on Strategy Formulation and Implementation-Tesla check out:
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