Business Strategy. (Tesla Motors, Kellogg's Efficiency) Assignment

Business Strategy. (Tesla Motors, Kelloggs Efficiency) - Assignment ExampleThe mission argument focused on achievement of growth by offering better services to customers and actively supply for the needs of its stakeholders. In put to formulate its strategy properly, the firm had to identify the expectations of stakeholders like customers, employees and dish outholders. Afterwards, it had to analyse its on-line(prenominal) performance in regards to service delivery, corporate social tariff, and profitability. Fin eachy, a company strategy was defined on what the firm needed to have achieved in order to close the performance gap (Ketokivi and Castaer, 2004 360). In order to achieve its objectives, the company needed a plan, most of which involved strengthening the core competencies and correcting the mistakes the firm had been qualification in regards to quality service delivery. For instance, Kelloggs is excellent at keeping injury levels among its employees at their lowest le vels therefore, all the firm did was to establish targets to act as benchmarks for its facilities. The facilities used this benchmark in order to be recognized as the safest, and the firm benefitted in the form of increased employee satisfaction, low turnover, higher productivity, revenue and profits, and a militant edge for the firm over the years (Ketokivi and Castaer, 2004 360).... For instance, Kelloggs worked with the supermarket chain in order to capture the market share of customers that seek to obtain all their shopping from one location. Moreover, the firm had responsible corporate social responsibility in its strategic plan to ensure that all its activities are geared towards achieving long-term and short-term goals. For instance, it sponsored community-based events that aid physical activities among customers and members of the public. In addition, all its product packaging has information on the products and the recommended daily intake for several(a) nutrients. By do ing so, Kelloggs showed its customers that their welfare comes first, even if it means having them to reduce the amount of products they would otherwise have bought without using the guidelines on the labels (Oliveira-Castro et al., 2008 454). Analysis of Tesla Motors The firm aims at producing fully electric motor vehicles for use by low and middle-income earners. However, collectable to the high costs of output signal, and lack of large-scale production infrastructure to enable large scale production the firm may not achieve its objective. Production of cars is a costly venture, and considering the lack of resources at Tesla, the fantasy of a fully electric vehicle for family, government and other clients may never be achieved. depraved to expectation, the management of the firm has a strategic plan in place that aims at achieving this vision by, primarily by driving the firm into mass production to enable it to enjoy the economies of scale of doing business in bulk (Schroder, 2009). Teslas strategy is to attract public interest,