Foresight, Organization Policies and Management Strategies in Electric Vehicle Technology Advances at Tesla

Alfred Akakpo, Evans Akwasi Gyasi, Bentil Oduro, Sunny Akpabot

Research output: Contribution to Book/ReportChapterpeer-review

Abstract

The purpose of this case study is to highlight and explain Tesla’s management strategies, organizational policies and foresight approaches for implementing a pragmatic strategy for the future mass production of electric vehicles (EVs) at affordable prices. Due to changing technology, uncertainty and increasing global instability in business operations; and the alarming emission of carbon dioxide (CO2) into the atmosphere as a result of fossil fuel burning, which is responsible for the cause of climate change, greenhouse effect and global warming. Management at Tesla have developed an ambitious plan and strategy in respond to these challenges through long range battery technology that will enable production of high volume and low cost electric cars with no fumes, noise or dirt to millions.
Original languageEnglish
Title of host publicationFutures Thinking and Organizational Policy
Subtitle of host publicationCase Studies for Managing Rapid Change in Technology, Globalization and Workforce Diversity
EditorsDeborah A. Schreiber, Zane L. Berge
Place of PublicationUnited States
PublisherPalgrave Macmillan-US
Chapter3
Pages57-69
Number of pages13
Edition1
ISBN (Electronic)978-3-319-94923-9
ISBN (Print)978-3-319-94922-2
DOIs
Publication statusPublished - 20 Dec 2018

Keywords

  • Foresight
  • Organization Policies
  • Management Strategies
  • Electric Vehicle technology
  • Tesla

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