Business Process Modelling Notation Assignment
Stakeholder analysis of Tesla
Tesla is the top leading company among the various companies that manufacture the automobiles, the company manufacture the electric automobiles which have various features so that is why Tesla have the unique and influential market as compare to the other companies. The company mainly use various features of advance technology in their electric automobiles including artificial Intelligence, machine learning and these having the zero-negative impact on the environmental health because they are electric. (Sharma, 2016)
As the stakeholders have the most influential role in the progress of the companies like as tesla have the strong stakeholders impact the main stake holders of the company include suppliers’ investors, government, local communities and employees.
Corporate structure of Tesla
Elon Musk has given very little information about Tesla’s organization, but has said that the company has a flat structure and has trouble delegating. The tech news site The Information reported on a Tesla hierarchy in 2018. (Chen, 2022, July)
The corporate structure of Tesla emphasizes managerial control of the entire organization. Decisions are made by a central group. The global hierarchy of Tesla is formed by a central headquarters that controls all operations. Regional offices are supported to some degree, but the company’s central headquarters is responsible for most decisions involving overseas operations. To make the best use of the resources and talent available, management emphasizes communication and problem-solving. Aside from addressing these challenges, the organizational structure of Tesla allows it to introduce sustainable financial conditions. It also helps in fostering customer engagements and board campaigns. Ultimately, this helps to boost production and profitability. And, Tesla has also made great strides in improving the supply chain around the world. It has recently expanded its sales in China and Europe, but it must expand further to reach its goals and make a profit. The company must work on its battery plan as soon as possible, since this will reduce the cost of vehicles.
Tesla’s Board of Directors
The Board of Directors meets regularly to discuss governance issues, and the company’s operations. A compensation committee oversees executive compensation. The committee also oversees board committee composition and is responsible for Tesla’s Code of Business Ethics and Corporate Governance Guidelines. It also reviews human capital management practices and recruits diverse talent. These committees also help the Company meet its legal obligations.
In addition to dealing with the economic climate, the Tesla organization is also affected by the political environment. Tax laws, governmental policies, and quotas affect internal industry performance. As a result, governmental policies can change the company’s revenue or management department. It is important for companies to keep up with changing political conditions and policies. And, while the organizational structure of a company is critical to its success, it’s crucial to understand the organization’s political and socio-cultural environment to achieve the best possible outcomes.
The Tesla organizational structure is shaped by a number of political and legal factors. While the company’s operations are in the forefront of the electric vehicle industry, it is also subject to litigation. Tesla’s CEO believes in the right to patent inventions. The Tesla patent policy has opened the door to other companies wishing to enter the electric vehicle market. While there is no doubt that Tesla is taking the lead on fighting the carbon crisis, it has taken a different turn in the corporate structure.
One of the key characteristics of Tesla’s organizational structure is its emphasis on innovation. The culture at Tesla encourages employees to explore new ideas and implement new processes. In addition to the benefits of creativity and innovation, Tesla is also committed to avoiding any wasteful practices. This commitment to innovation and creativity motivates employees to strive to create innovative solutions to problems, while minimizing the impact of their work on the environment. This culture translates into a positive culture that fosters innovation and productivity.
The role of government as a stakeholder in Tesla
Governments play a critical role in the development of any industry. As a stakeholder, governments are concerned about the legal compliance of Tesla and its contribution to economic growth. In addition, governments have an interest in ensuring the economic well-being of the State. Hence, governments are also concerned with the corporate social responsibility strategy adopted by Tesla. In a sense, governments can be said to be Tesla’s stakeholders. (Topcu, 2018)
As a stakeholder, government support is crucial for the development of charging infrastructure. By fostering these relationships, Tesla will be able to compete in the automobile and electric vehicle industries. As the network of charging stations grows, Tesla will be able to compete better against other automakers. Moreover, the charging stations will enable Tesla trucks to deliver goods from far away regions. Ultimately, it is up to the government to promote sustainable transportation.
A number of studies have shown that companies with stronger diversity programs generate higher financial returns than companies with less diversity. Yet, Tesla has not released any meaningful information on its diversity programs. Investors have a difficult time understanding the diversity practices in the company. In addition, its disclosures may not be detailed enough for them to be useful. For this reason, it is not easy to determine what type of government oversight Tesla has, since these programs may be confidential.
Tesla has a board of directors, which limits the pledging of its stock. Directors and executive officers may pledge stock as collateral for loans and investments, but their pledging cannot exceed 25% of the stock’s value. In addition to this, a Board of Directors can also vote on shareholder proposals, including the nomination of directors. In the event of a shareholder vote, the board must approve any proposed changes to the board.
Investors are important stakeholders in Tesla. Investors are crucial for Tesla’s early years, as they dictate the company’s capitalization and profitability. In addition, their interests are directly reflected in the company’s corporate social responsibility initiatives, including its granting of patents for its technology. This, in turn, increases the market for electric cars and Tesla’s business growth. Sustainability ideals and corporate social responsibility strategy are in line with current sociocultural trends.
A company like Tesla relies on a variety of external suppliers and partners. With over 80 percent of its components produced internally, the company also relies on many international companies to help with production. As a result, this relationship has created value for these partners. Not only has this allowed the company to scale, but it has also helped third-party companies grow. By providing components to Tesla, these companies gain exposure and quality assurance.
The standard arbitration provision Tesla includes in the CEO Performance Award fails to explain how the proposal will affect Tesla employees. The award is contingent on achievement of a certain operational milestone and an incremental increase in Tesla’s market capitalization. Furthermore, the proposal fails to state whether the proposed arbitration has any connection between the alleged claims and the alleged benefits of employee arbitration. So, while the proposed arbitration agreement does not provide a definitive answer, it may be worth investigating….
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