Organizational CommunicationsPart I: Description of the Organization
Tesla is a niche-market company organization that manufactures electric vehicles and batteries to advance the green energy movement in the modern world. Guided by the vision of the CEO, Elon Musk, Tesla began its car business by provided luxury brand vehicles under two models, the Tesla Model X and the Tesla Model S. Recently, the company has been working on mass production of a lower-priced brand, the Tesla Model 3, for consumers not in the market for luxury vehicles. Tesla’s mission statement is: “to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible” (Tesla, 2013). At the core of its business is the concept of providing a product that promotes sustainability and that does not rely upon the burning of fossil fuels for vehicle transportation. Tesla’s electric vehicles are battery powered rather than gas powered, which is how Tesla aims to support the sustainability initiative. Evans (2017) points out that “sustainability is the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs.”
To support its mission, Tesla also purchased Solar City, a solar panel producing company, in an effort to broaden its scope and incorporate the solar panel business into its own productions. By promoting itself as a company that is dedicated to the use of green or renewable energy, Tesla has found support from consumers who are interested in investing in a business that takes sustainability seriously and makes it the heart of its enterprise. So far, Tesla has succeeded in winning supporters, with its stock price soaring exponentially in recent years. However,...
Financial Analysis UCSD is a health care provider that is considering the purchase of an MRI machine. An MRI is a tube that is surrounded by a giant circular magnet. It is used to scan patients, and has the benefit of being very safe relatively to radiation scanning. The purchase must be aligned, however, with the UCSD goal of providing high quality patient care and alleviating suffering. A significant number of
Analysis of Leadership Communication: Twitter (now known as X)Evaluate the communications for how effectively leadership met the needs of internal and external stakeholdersThe decision-makers at Twitter, now referred to as X, astutely navigated a merger understanding with Musk. They ensured the terms were upheld even when Musk contemplated reneging. Initiating our review, we delve into whom the executive team of X (formerly Twitter) prioritized during the negotiations. In one study,
Banking Risk AssignmentSummary (300 Words)The assignment requires analyzing five companies with a one million British pound portfolio from the same sector. This analysis is based on market risk based on a paper by Sollis (2009). According to the author, understanding more concerning Value at Risk and applying related techniques will help compute the risks of exposure to a portfolio of real-world financial securities (Acharya). The discussion will be critically on
Elon Musk Elon Musk has frequently been lauded for his leadership skills, in particular due to the fact that his businesses are generally successful despite operating in incredibly challenging industries where the odds of failure substantially outweigh the odds of success. This paper will examine some of the traits of Musk as a leader, and how he has built successful organizations, in particular through policies, communications and training. Communications appear to be
Introduction Big data has become one of the most important aspects of supply chain management. The concept of big data refers to the massive data sets that are generated when millions of individual activities are tracked. These data sets are processed to yield insights that help inform managerial decision-making. Supply chains in particular have leveraged big data because companies have been able to develop technology to not only capture hundreds of
This paper will discuss the leadership style of Elon Musk, and make an assessment of the pros and cons of this leadership style. Introduction The leader that I will analyze is Elon Musk, who runs a number of different companies. Musk makes an interesting case study for leadership principles in part because of the number of different companies he is trying to lead a the same time, but also because his companies
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