The Strategy-Environment Linkage and Tesla Motors Case Study edit.docx - The Strategy-Environment Linkage and Tesla Motors Case Study Submitted By

The Strategy-Environment Linkage and Tesla Motors Case Study edit.docx

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The Strategy-Environment Linkage and Tesla Motors Case Study Submitted By: Submitted To: Course: BU 601 Strategic Management Date Submitted: May 18 th 2018
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BU 601 Strategic Management The Strategy-Environment Linkage In order to thoroughly assess opportunities, challenges, and timing requirements when implementing a new strategy, it is important to understand the forces at work in the environment linkage of the Diamond-E framework. This can be achieved using various environment assessment tools discussed in Chapter 4 that can create a performance forecast for the strategy being implemented. One such tool called the Industry and Value Chain System enables you to review the structure of the industry you are working in, revealing opportunities to reduce costs at each step of the firm’s value chain in order to maximize value delivered to the customer. Another important tool is Porter’s 5-forces model used to examine industry economics and attractiveness. Porter’s forces model shows where economic profit lies in the value chain for the industry by reviewing the 5 forces of: rivalry existing between competitors, threat of new entrants, threat of substitute products or services, bargaining power of suppliers, and bargaining power of buyers. The weaker these forces, the greater opportunity for superior performance when entering a certain industry. Finally, when assessing the macro-environment forces of an industry, PEST can be utilized to examine the political, economic, social and technological forces at play, potentially revealing early warning signs about changes in an industry and the opportunities that can be made from these changes.
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  • Fall '08
  • MORRISON
  • Management, Electric car, Electric vehicle, electric vehicles, Plug-in hybrid

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