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A Study of Tesla—Twenty-First Century Organizational Strategy as Nexus Between Foresight and Futures Thinking: Case Studies for Managing Rapid Change in Social Media, Shift in Wealth and Government Instability

  • Alfred Akakpo*
  • , Gyasi, E. A.
  • , Oduro, B.
  • , Akpabot, S.
  • *Corresponding author for this work

    Research output: Contribution to Book/Report › Chapter › peer-review

    Abstract

    This case study explores the relationship between organizational foresight, future thinking, and organizational strategy, using Tesla as a case study. Evaluations of these methods are pursued to offer perspectives on the sustainability and viability of the same by looking at the nexus between Tesla’s strategy and its foresight and future thinking to advance its expansion program.

    The study argues that a company's ability to anticipate and respond to future trends and disruptions is critical to its success, and that a strategic approach that incorporates foresight and future thinking can help organizations navigate an uncertain future. The case study examines Tesla's strategic approach and how the company leverages foresight and future thinking to inform its decision-making and drive innovation. Overall, the case study highlights the importance of strategic foresight and future thinking in organizational strategy development and provides insights for other companies seeking to adopt similar approaches.
    Original languageEnglish
    Title of host publicationPalgrave Macmillan
    EditorsDeborah A. Schreiber, Zane L. Berge
    PublisherPalgrave Macmillan-US
    Chapter3
    Pages25-47
    Number of pages23
    Volume2
    ISBN (Electronic)978-3-031-55956-3
    ISBN (Print)978-3-031-55955-6
    DOIs
    Publication statusPublished - 2 Jun 2024

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 17 - Partnerships for the Goals
      SDG 17 Partnerships for the Goals

    Keywords

    • Organizational Strategy
    • Foresight
    • Futures Thinking
    • Tesla

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