To prepare for this Assignment: (Tesla Motors)|My homework helper

Posted: February 24th, 2023

For this week’s Assignment, you will continue in the role of a consultant who has been hired by the CEO of your selected company to lead a tiger team tasked with addressing issues the organization is facing.

This week, you will continue to compile Section 3 of your playbook. Be sure to address the requirements for Part 2, and include specific examples (where appropriate) and relevant citations from the Learning Resources, the Walden Library, and/or other appropriate academic sources to support your work.

Get your paper done on time by an expert in your field.

Order Now

To prepare for this Assignment: (Tesla Motors)

· Return to your WMBA 6990 Assignment Template to complete Section 3—Part 2 of your strategy playbook.

Submit your approximately 2-page (plus Appendix) strategy validation for the organization, to include the following: (Tesla Motors)

Part 2: Validating the Strategy

· Explain how strategic planning can provide a sense of direction and help in the development of measurable goals.

· Analyze your strategy using the following validation tools. (Provide the notes for each analysis in the Appendix of your document.)

· Strategy map for your selected organization

· PEST analysis

· Five forces analysis

· Key success factor analysis

· Stakeholder analysis

· Synthesize the results of the analyses you performed using the validation tools in the narrative section of your playbook.

****The companies that I will not approve are Walmart, Amazon, or Apple since these companies have been used so often in previous classes that Academic Integrity issues arise.

Please Note DO NOT USE: Be sure to select an organization other than Walmart, Amazon, or Apple, Pepsico, UPS, Starbucks, or CVS. Do not use any of these if another organization is called for.

References:

Leadership teams need to be able to set the direction for their organizations, which can include setting the priorities, determining how resources are allocated, ensuring that goals are getting met, and so on. To assist with this process, managers and leaders can rely on strategic planning tools, such as strategy maps, P.E.S.T. analysis, and Porter’s Five Forces analysis. Using these resources, you will examine these tools and consider their role in an organization’s strategy.

· Athuraliya, A. (2021, September 24).  What is a strategy map? A comprehensive guide with templatesLinks to an external site..  Creately. https://creately.com/blog/diagrams/what-is-a-strategy-map/ Time Estimate: 8 minutes

· Emerald Works Limited. (n.d.).  Porter’s five forces: Understanding competitive forces to maximize profitability  Download Porter’s five forces: Understanding competitive forces to maximize profitability. MindTools. https://www.mindtools.com/community/pages/article/newTMC_08.php Porter’s Five Forces: Understanding Competitive Forces to Maximize Profitability by MindTools.com. Copyright 2021 by Mind Tools Ltd. Reprinted by permission of Mind Tools Ltd. via the Copyright Clearance Center. Note: Please disregard any reference to an embedded video in this reading. Time Estimate: 7 minutes

· Emerald Works Limited. (n.d.).  PEST analysis: Identifying “big picture” opportunities and threats  Download PEST analysis: Identifying “big picture” opportunities and threats. MindTools. https://www.mindtools.com/community/pages/article/newTMC_09.php?route=pages/article/newTMC_09.php PEST Analysis: Identifying “Big Picture” Opportunities and Threats by MindTools.com. Copyright 2021 by Mind Tools Ltd. Reprinted by permission of Mind Tools Ltd. via the Copyright Clearance Center. Note: Please disregard any reference to an embedded video in this reading.

When a strategy is developed, it can act as a guide for an organization. It can map out the vision and direction for where that organization wants to go moving forward. When everyone in an organization—from top-level leadership to entry-level employees—has clear goals and can follow a clear mission, the organization can function better as a cohesive unit to achieve its goals. Through these resources, you will explore how to choose a strategy that will increase the likelihood of success.

· Emerald Works Limited. (n.d.).  Critical success factors: Daniel and Rockart’s guide to meeting strategic goals  Download Critical success factors: Daniel and Rockart’s guide to meeting strategic goals. MindTools. https://www.mindtools.com/community/pages/article/newLDR_80.php Critical Success Factors: Daniel and Rockart’s Guide to Meeting Strategic Goals by MindTools.com. Copyright 2021 by Mind Tools Ltd. Reprinted by permission of Mind Tools Ltd. via the Copyright Clearance Center. Time Estimate: 5 minutes

· Emerald Works Limited. (n.d.).  Stakeholder analysis: Winning support for your projects  Download Stakeholder analysis: Winning support for your projects. MindTools. https://www.mindtools.com/community/pages/article/newPPM_07.php Stakeholder Analysis: Winning Support for Your Projects by MindTools.com. Copyright 2021 by Mind Tools Ltd. Reprinted by permission of Mind Tools Ltd. via the Copyright Clearance Center. Note: Please disregard any reference to an embedded video in this reading. Time Estimate: 6 minutes

· GreggU. (2018, June 1).  Key success factorsLinks to an external site.  [Video]. YouTube. https://www.youtube.com/watch?v=LxJJ7Mw7rmQ Note: The approximate length of this media piece is 2 minutes.

· McLeod, L. E. (2020, December 1).  3 mistakes that stymie corporate purpose initiatives.  Harvard Business Review Digital Articles, 2–4. http://hbr.org Time Estimate: 4 minutes

· ProductPlan. (2020, January 13).  What is a stakeholder analysis? – Leading successful projectsLinks to an external site.  [Video]. YouTube. https://www.youtube.com/watch?v=PXCo92Iag3g

When validating a strategy, managers might consider the semantics of the strategy. They may ask about what the strategy says, how it relates to other plans, and how it connects to business outcomes and goals. Through these resources, you will examine tactics for designing and validating strategies.

· Githens, G. (2011, March 29).  Validation: How to get strategy right Links to an external site. .  Leading Strategic Initiatives. https://leadingstrategicinitiatives.com/2011/03/29/validation-how-to-get-strategy-right/

SOLUTION

Introduction

This report is based on Tesla Motors, an American electric vehicle and clean energy company. The objective is to validate the company’s strategic plan and to examine the company’s strategic planning tools. In this report, we will discuss how strategic planning can provide a sense of direction and assist in the development of measurable goals. We will also analyze the company’s strategy using several validation tools, including a strategy map, PEST analysis, Five forces analysis, key success factor analysis, and stakeholder analysis.