Add the following 2 columns to the project plan table you created in Wk 4 Apply: Project Plan:
Potential Risk Factors
Contingency Plans
Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 Apply: Project Plan.
Use Microsoft PowerPoint®?, Prezi®?, or another software to create a 12- to 14-slide executive presentationwith appropriate images and diagramsthat summarizes the following information:
The organizations information presented in Wk 1
SWOT analysis and market trend research
Project objectives
How success will be measured
The value this project will bring to the organization
Project metrics
Timelines
Responsible parties
Potential risk factors
Contingency plans
BUS/475 v10
Wk 1 Apply: Degree of Alignment
Advanced Organizer
Review the companies listed in the case studies portion of the textbook. Choose 1 of the companies to use for all weekly assessments. Complete the chart
below with information provided in the textbook and other resources. Provide your analysis below the chart.
Selected Organization:
Describe the organization in the follow chart:
Element
Description
Mission
Teslas corporate mission is to accelerate the worlds transition to sustainable
energy. The mission statement aligns the company towards the use of sustainable
energy sources rather than the commonly used fossil fuels. Tesla’s primary focus is to
speed up the automobile and energy industry towards the use of zero-emissions energy
sources such as solar energy (MarketLine Company Profile: Tesla Motors, Inc., 2017).
Vision
Tesla’s vision is to create the most compelling car company of the 21st century by
driving the worlds transition to electric vehicles. Tesla has the vision to be the most
captivating car company by manufacturing electric cars, which bring about more
sustainability in the environment (MarketLine Company Profile: Tesla Motors, Inc.,
2017).
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Element
Description
Values
The major pillars of values in Tesla include to respect the environment, always be
learning, doing the best, and finally respects and encourage (Fournier, 2019).
Structure
Tesla’s organizational structure shares the characteristics of a functional organizational
structure and also a divisional organization structure (Higgins, 2018).
Culture
There are seven pillars that shape the corporate culture of Tesla and these components
typically guide employees in their duties and also help the company to add value when
offering services to its customers. These components include its innovative business
model, non-hierarchical organizational structure, customer centricity, boldness,
openness, hands-on leadership approach and its clear vision (Fournier, 2019).
Analysis
Based on your advanced organizer and further research, analyze the degree of alignment between what the organization is currently doing
(actions) and its mission, vision, values, structure, and culture.
Tesla’s mission is to accelerate the world’s transition to sustainable energy and to accomplish this as a company, it produces both
electric driven cars as well as renewable energy solutions such as solar panels. Therefore, by aligning its products towards renewable energy
sources, it is able to gain a competitive advantage over other automobile companies that manufacture fossil fuel-driven cars, thus causing
Copyright 2019 by University of Phoenix. All rights reserved.
Wk 1: Advanced Organizer
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harm to the environment (Klara, 2016). However, to promote its culture of producing sustainable products and energy sources, activities in
Tesla are bound by a set of values that focus on the need to protect the environment, remain creative and innovative, respect towards others
and also always doing the best. Further, it is these values guiding the company’s operations that facilitate the achievement and maintenance of
the company’s vision of becoming the most compelling car company of the 21st century by driving the worlds transition to electric vehicles.
However, to successfully implement the mission, vision, values, Tesla promotes an organizational structure that allows open and bold
communication between its management, employees and also customers where hierarchies are minimal (Fournier, 2019). Further, the
divisional and functional-based structure also promotes the ease of implementing new strategies that maintain the company’s culture of
sustainability (Higgins, 2018). Conclusively, the introduction of mission-driven projects by the company also facilitates the maintenance of
the company’s culture, which makes the company stand out as one of the leading manufacturers of sustainable products.
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Citations
Fournier, A. (2019). 7 Pillars Shaping Teslas Corporate Culture | Braineet. Retrieved 13 December 2019, from
https://www.braineet.com/blog/tesla-innovation-culture/
Higgins, T. (2018). Tesla CEO Musk Says Company Is Flattening Management Structure in Reorganization. Retrieved 13 December 2019,
from https://www.wsj.com/articles/tesla-ceo-musk-says-company-is-flattening-management-structure-inreorganization-1526308678
Klara, R. (2016). Tesla Motors. Adweek, 57(19), 6768.
MarketLine Company Profile: Tesla Motors, Inc. (2017). Tesla Motors, Inc. MarketLine Company Profile (pp. 123).
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