Global Strategy and Sustainability of Tesla

Introduction:

Global Strategy and Sustainability of Tesla: The overall processes as well as the signs of progress of sustainability. Tesla is a company that deals with different vehicles operations. To gain success and achieve higher success, the management of business becomes more superior. Tesla is a multinational corporation that develops different strategies to run the operations and tackle all the activities from time to time. There is a positive role of global development and sustainability occurs that helps to manage the entire availability of business success.

Tesla is a company that has a lot of competitors. The management of the company develops different strategies to reduce the number of competitors and achieve higher success from time to time. Tesla is a motor vehicle company that has different obstacles. In this modern world, the management of the business has developed a strong relationship that helps to generate higher success and gains long-term sustainability from time to time.

Tesla is major or leading companies that highly contribute to raising the economic growth of the business. Various tasks that help to generate availability and assist the key activities of the business. There are various tasks defined in this report. Each task has the components of digital distribution. Each operation of the business becomes increased by having greater strengths. To raise awareness and tackle all the key resources through using competitive strategies.

Tesla faced a lot of difficulties that damage the future progress of business. To overcome these challenges, the management of firm has developed the best and creative team that are responsible to builds the competitive strategies.

Read More: Business Project of Tesla

Task: 01: Internal and external environment:

In this task, there are different models defined that help to analyze the internal, as well as the external environment, is of Tesla.

McKinsey 7-S Framework:

McKinney’s 7S model is developed to analyze the internal environment of the organization. When the internal environment of the organization is effective then it means the organization has tried to develop more accurate resources. It is the model that categories in hard or soft skills. Hard elements exist as the strategy, structure, and systems. The soft elements are the shared values, skills, styles, and the staff.

• Strategy: The organizational plan of Tesla is very innovative and deals with the satisfaction of the employees as well as generating higher profitability. It is the plan that builds or maintains the competitive advantage over its competitors.
• Structure: It refers to the process in which a company is organized. How the departments and the teams are structured including those processes that report them.
• Systems: It is an element that also represents the internal environment of the organization. All the daily activities as well as procedures that use by the staff to get the job done.
• Shared values These values read with the performance of business. These values are also known as superior values. All the goals and objectives of the business are achievable in these certain tasks. It helps to enhance the performance of company.
• Style: It represents that what are the styles used by the management of Tesla as well as the leader of the company. It is the motor vehicle company that develops different options to gain success.
• Staff: The management staff of Tesla is very expert. All the employees hired by the human resource management department of Tesla can gain higher profitability. Each employee has some general capabilities that improve the overall activities and raise the key standards.
• Skills: All the actual skills, as well as the competencies that are used in this scheme, represent clear and accurate goals. The employees of organization show the higher success by adapting the key skills.

Shared values are also knowns as the skills and staff perceptions that help to achieve the objectives. So, this environment develops different schemes to enhance the overall processes and generate higher success. Tesla invests a lot of amounts to improve the internal environment of the organization.

PESTEL analysis:

It is the model as well as the framework that represents the external environment of the business. The political, economic, technology, social, cultural, and legal factors include that define the strategies of the business and its key competitive plan to growing the business.

• P: P refers to the political factors. Tesla manages the operations across all over the world. The government of countries plays a vital role to performed the activities. Higher the success of the business and improve the overall signs of progress, the management of the business must have followed the policies made by the government of the country. The government has developed different rules and regulations; Tesla follows all the rules to gain higher success.
• E: It refers to the economic factors. Tesla has developed different strategies to raise awareness and develop higher success. The rate of inflation, rate of employment, and other economic factors are the main tools that help to enhance the progress of the business. In this modern world, each activity of the business represents clear and strategic outcomes. Tesla contributes to the economy by increasing the role of strategic reliance and enhancing overall sustainability. In this modern world, it is very comfortable for us to develop as well as generate the higher resources of the business.
• S: It refers to the social and cultural factors. Tesla targets each society by offering different types of vehicles. In this world, there are a lot of societies that exist that have different needs and wants. So, Tesla fulfills their needs by offering and providing the bests resources.
• T: It refers to the technological factors. The research and development area of Tesla has developed different technological incentives. Each incentive has the opportunity to gain success and boost long-term efficiency. Advanced technology changes the entire structure of the business. The development of electric vehicles is the main example of Tesla’s success as a technological factor.
• E: THE UNCERTAIN FACOTRS INCLUDE IN THIS SCHEME. The change of weather, change of climate, and the key environmental policies the progress of Tesla also impacted. To raise awareness and generate higher success it is very important to observe the environment of the market.
• L: It is the element of the external environment that refers to the legal analysis. The rules and regulations made by the government of the country to protect the people and save their lives from different actions, the management of the business play a vital role.

So, it is the framework that represents the external environment of the business. To gain success and boost long-term activities the Tesla always prefers their customers as the priority.

Critical factors of success:

Different forces appear to enhance the economy of the business and raise the performance of Tesla.

• High rate of demand: Different strategies help to enhance the demand for vehicles. Tesla is a multinational corporation that offers different types of vehicles to generate higher sustainability (Radbruch, 2019). The high rate of demand for vehicles is the key success factor that initiates the major components from time to time. To improve the overall activities of the business, the analysis of the proper demand rate is necessary.
• Knowledge of the market: Tesla has a strong knowledge of the market. It represents the key actions and the key activities. Higher the success of Tesla means the management has greater knowledge. In this modern world, there are a lot of components that help to generate higher success.
• Relationship with the stakeholders: Tesla has developed a strong relationship with the stakeholders of the business. Suppliers, employees, customers, and the other components are the main stakeholders of Tesla. It improves the activities related to the success of the company. The suppliers of Tesla are also satisfied with the key operations and key activities from time to time.

Current sources of competitive advantage:

Different sources of competitive advantage help Tesla to gain success.

• Tesla has developed a strong relationship related to the key relationship among suppliers. The satisfaction of suppliers is very creative and innovative. It boosts the strong efficiencies and effectiveness of the enlargement pills.
• The company has developed a transparent environment. It helps to grow the career and generate the abilities from time to time.
• To gain a competitive advantage in the international market, the company use advanced technology and informational platform.

How it maintains and builds the competitive advantage:

By using innovative technology, Tesla maintains and builds a highly competitive advantage. To raise awareness and build long-term activities, Different forces and the factors that improve the key performance. Tesla is the leading company that runs its operations through sustainability.

Task 02: Strategy in the Global environment:

Relevant models for an organization to enter into the foreign market:

There are a lot of tools and techniques that used by Tesla to enter the foreign market. The management of Tesla also entered the global market and give the best resources.

Yip’s international driver’s framework:

It is the framework or model that defines different components to enter the international business. The cost driver, market globalization driver, government, and competitive forces are some main acts that help to enhance the overall progress of the business.

• Competitive globalization: Tesla is a multinational firm that faced various types of competition within the boundary of the organization. There are a lot of steps in which Tesla can eliminate the level of competition within the market and improve the progress of the firm in the future. By reducing the dependencies of others and enhancing the export of all the vehicles this driver becomes sustained.
• Cost global driver: Tesla company analyzes the overall progress of costs. It is required to enter the global market through different circumstances.  By increasing the capacity of production, improving the global scale economies, and developing strong and fast changing technology. By having strong strategies, the management of business becomes increases from time to time.
• Market globalization: There are a lot of drivers of market globalization that develop different needs of customers. Through the different global channels and through analyzing the nature of leading countries there are a lot of characteristics that occur as the transferable market.
• The government globalization drivers: The government globalization driver is developing to enter the market in which the Tesla company can analyze all the policies, rules, and regulations made by the government of the country. The favorable policies, technical standards, rules and regulations of the common market, and the concerns of the government of the host country related to the products of Tesla. So, these drivers expand the overall performances across all over the world.

Motives for Tesla to expand the operations at the international level and how it affects the competitive strategies:

Tesla is the leading vehicle company that runs its operations around all over the world. One of the best motives that can use Tesla to enter in Global market is the analysis of the market. By exporting the motor vehicles to the global market. Tesla can fulfill the demands and enter the global market. The joint venture is the stratify that helps Tesla to gain a competitive advantage.

When Tesla sells its products in the global market and represents it as the key competitive behavior then there are a lot of actions that take place by the company. The management of Tesla has raised the overall strategic impact by offering unique and creative technology. The competitive advantage should be gained by developing the positive quality of the products.

Recommendations for the different strategies Tesla can use to compete in the international market:

There are a lot of recommendations that help Tesla to raise awareness and generate higher success. It helps to generate profitability from time to time.

• Tesla should develop a platform that helps to increase the process of decision-making. All the employees and management teams of a company are taking part in the process of decision-making.
• By developing the different training programs that help to improve the key activities and generate positive word of mouth, Tesla can gain a competitive advantage and enter the international market.
• By hiring experts directly improves the entire structure of the business and gains success in the future. It improves the internal strategic terms of business.

Task 03: Corporate strategy:

Horizontal integration, vertical integration, outsourcing, or strategic reliance:

• Tesla has developed the strategy of vertical integration. Horizontal integration and vertical integration are the key processes that help to generate success. Horizontal integration is the process when a business grows by acquiring a similar company as well as the industry. On the other side, vertical integration is the process when a business expands its operations by acquiring other businesses. It operates the process of the supply chain by developing current and future strategies.
• Tesla has developed vertical integration strategies. Involving those businesses and operations that have clear goals are the main terms of Tesla. Tesla always develops schemes to add more products to the current values. It helps to boost the long-term relationship with the employees and customers.
• Tesla outsources its strategies to achieve the objectives and gain higher profitability. All the materials used by Tesla to run the operations are outsourced by the different states. Each state is connected through various terms. It helps to generate success and boost long-term activities. Tesla is the major company that outsources its material from different states.

Recommendations about how Tesla can increase its profitability:

There are a lot of ways that help Tesla to raise their rate of profitability in a limited time. It is the key activities that show a clear and accurate image of the business.

• By focusing on the finance department of Tesla, the overall profitability and the activities become increase.
• By reducing the costs as well as increasing the turnover rate the overall progress of the business becomes increases. It also raises the profitability of the business.
• It helps to enhance efficiency as well as the rate of productivity.
• By focusing on the capacity of production and developing the key strategies to improve the internal environment of the business, the rate of profitability becomes increases. It helps to tackle the resources and generate higher capabilities from time to time. To improve Tesla’s progress, the rate of profitability plays an integral role.

Task 04: Ethics and CSR:

Relevant model:

There are a lot of models that help to generate sustainability and gain a competitive advantage. CSR is the key responsibility of every business. It helps to generate higher success and improve progress in the future.

According to Ackerman’s corporate social responsibility model, there are four stages in which the businesses conduct all the activities of corporate social responsibility. Each activity has a strong relationship with the success of the business.

• The managers of Tesla get to know that which is the most common social problem in society? It expresses the willingness to take on a particular project.
• To hire the best and pert people for the success of business.
• All the managers of the organization take up the project activities as well as work hard.
• Evaluating the projects by addressing the current issues.

The corporate social responsibility programs of Tesla directly reduce the number of issues faced by the employees of the business. When the internal environment of the business is effective then it means the external environment of the business is also affected. To raise awareness and generate the key resources from time to time, the management of business plays a vital role.

The activities of corporate social responsibility and the key statistician terms are directly representing the legal authorities. Tesla has developed a strong relationship with the management of the business and the customers that help to expand the operations of the business across all over the world.

Main ethical issues in the business:

Tesla faces different ethical issues that help to raise the profitability of the business.

• The lack of safety of the users.
• Musk unfulfilled its promise to gain success and raise awareness.
• Having misuse of taxpayer money.
• Facing various environmental practices.
• The fraud of allegations.

Recommendations to address these issues:

Here are a lot of ways in which Tesla can address the issues to gain success and improve the key processes.

• By introducing the new as well as the creative policy.
• By providing clear resources and allocation.
• Employing confidential systems.
• Developing the process of feedback. It is two-way feedback that helps to analyze the internal environment.

There are a lot of ethical issues that directly affect the performance of the business. To enhance the progress as well as generate the key abilities of the business, the management of Tesla has built the strong ethical standards. The management of company also develop different policies that helps to enhance the progress of the business from time to time. In this modern world, there are a lot of ethical standards that helps to initiate the level of formation and generate the success.

Conclusion of Global Strategy and Sustainability of Tesla:

Each task that defines in report has its operations. To enhance the performance of the business and gain success from time to time the management of Tesla has developed strong policies. It helps to generate the key activities and improve the overall performance of the business. Tesla is the leading company that provides different types of motor vehicles.

The management of Tesla develops strong strategies to increase the internal environment as well as the external environment of the business. It refers to success and boosts long-term activities. The McKinney 7S is the model that defines the internal environment and PESTEL analysis defines the external environment of the business. Each factor of the business has a clear and accurate goal that represents the activities of the future.

The internal and external environment of Tesla plays an integral role to gain success and raise awareness from time to time. Tesla is the leading company that also runs corporate social responsibility programs to raise the profitability of the business. So, the performance of Tesla becomes increased by developing competitive strategies.