It helps in communicating the points directly and the direction one took. In every corporation, it is important to practice a variety of approaches to socialize BPI policies. inspiration, guidance, and understanding. Nixon, J., & Helms, M. M. (2010). You can download Excel Template of Case Study Solution & Analysis of Tesla: The SolarCity Acquisition, Copyright Executive MBA Pro Resources 2022, BCG Matrix / Growth Share Matrix Analysis, SWOT Analysis of Tesla: The SolarCity Acquisition, PESTEL /PEST / STEP Analysis of Tesla: The SolarCity Acquisition Case Study, 5C Marketing Analysis of Tesla: The SolarCity Acquisition, 4P Marketing Analysis of Tesla: The SolarCity Acquisition, Porter Five Forces Analysis and Solution of Tesla: The SolarCity Acquisition, Porter Value Chain Analysis and Solution of Tesla: The SolarCity Acquisition, Case Memo & Recommendation Memo of Tesla: The SolarCity Acquisition, Blue Ocean Analysis and Solution of Tesla: The SolarCity Acquisition, Marketing Strategy and Analysis Tesla: The SolarCity Acquisition, VRIO /VRIN Analysis & Solution of Tesla: The SolarCity Acquisition, PESTEL / STEP / PEST Analysis of Tesla: The SolarCity Acquisition, Case Study Solution of Tesla: The SolarCity Acquisition, SWOT Analysis and Solution of Tesla: The SolarCity Acquisition, Joe Mandato, Pete McNerney and Empathetics Case Study Solution & Analysis, Managing Diversity and Inclusion at Yelp (B) Case Study Solution & Analysis, Ethics and Integrity in Business: Navigating Ethical Risks and Transgressions in the Workplace (A) Case Study Solution & Analysis, Branding BY-HEALTH: The Value of Transparency Case Study Solution & Analysis, Club Sportif MAA: Staying Ahead of the Game Case Study Solution & Analysis, CEO Succession at Cisco, Video Supplement Case Study Solution & Analysis, Hisense's Internationalization Dilemma: Co-Operation with Loewe Case Study Solution & Analysis, Kangaroo Tail Winery Limited (C) Case Study Solution & Analysis, An Inside Perspective on Carbon Disclosure Case Study Solution & Analysis, The One Fund Case Study Solution & Analysis, Position among Retailers and Wholesalers companyname retail strategy, Yes, firm has strong relationship with retailers and wholesalers, Difficult to imitate though not impossible, Yes, over the years company has used it successfully, Ability to Attract Talent in Various Local & Global Markets, Yes, Solarcity Tesla strategy is built on successful innovation and localization of products, Yes, as talent is critical to firm's growth, Vision of the Leadership for Next Set of Challenges, Not based on information provided in the case. "Should be able to do all those before the shareholder vote. Socializing of the company, or on boarding, is a treatment through which new workers transfer from being business outsiders, and end up being business insiders. Recommendations Tesla: The SolarCity Acquisition case study, STEP 7. The 4 elements of the marketing mix are Product, Price, Place and Promotions. Lastly, a timeline of the issues and events in the case needs to be made. Political System and Its Implications Different political systems have different approach to free market and entrepreneurship. The firm in Tesla: The SolarCity Acquisition needs to navigate these policy decisions to create either an edge for itself or reduce the negative impact of the policy as far as possible. Abstract In 2016, electric car manufacturer Tesla announced that it was making an offer to acquire solar panel manufacturer SolarCity in an all-stock offer worth $2.6 billion in Tesla stock. No reply from the mangers in the brand-new office. If the . What are the strength and weaknesses of Solarcity Tesla (SWOT Analysis)
Design and perform official orientation programs. Strategies will be devised which makes use of a few or all of these elements. Tesla: The SolarCity Acquisition will also provide insight into areas such as wordlist , strategy, leadership, sales and marketing, and negotiations. Principles of marketing. The chief executive officer needed to convince Tesla's shareholders that SolarCity would be a good acquisition target and then determine a fair price to offer. Strategic Management Theory: An Integrated Approach, Ninth Ed. At the end of the very first year, she felt that the business had actually appointed her a job that was beyond her command, and the task was offered in the restricted time, in which it was difficult to finish the task. In 2016, electric car manufacturer Tesla announced that it was making an offer to acquire solar panel manufacturer SolarCity in an all-stock offer worth $2.6 billion in Tesla stock. The case solution first identifies the central issue to the Tesla The SolarCity Acquisition case study, and the relevant stakeholders affected by this issue. Tesla: The SolarCity Acquisition has numerous instances where the competition regulations aspects can be scrutinized. It can further impact the cost of doing business in certain markets. During the trial, Musk said the SolarCity deal was part of his "master plan," which he had written in 2006 and was meant to accelerate the advent of sustainable energy. Elon Musk took the stand on Monday to defend Tesla's 2016 acquisition of SolarCity against a lawsuit by shareholders seeking to recoup the $2.6bn the company paid for the ailing solar panel . Help, Academic Stay informed. Info gained from administrators and coworkers is a primary part of finding out about the business's brand-new environment. Managers at Tesla: The SolarCity Acquisition case study have to assess whether their business can benefit from such government assistance and subsidies. The pv magazine editorial team includes specialists in equipment supply, manufacturing, policy, markets, balance of systems, and EPC. A Division of NBCUniversal. Therefore, the implementation framework ensures that the solution to the Tesla The SolarCity Acquisition Harvard case is complete and properly answered. A fuzzy quantitative VRIO-based framework for evaluating organizational activities. Both Tesla and SolarCity operated in young, high-growth industries; however, despite their high growth rates, both companies were also losing money every year. - Increase in Consumer Disposable Income Solarcity Tesla can use the increasing disposable income to build a new business model where customers start paying progressively for using its products. The conferences were chockfull with discussions from diverse divisions of the company, and comprised organizational details, standards, worths, and the life of the employees in the company, with interactive games. Retrieved July 7, 2016, from https://hbr.org/1979/03/how-competitive-forces-shape-strategy. Hill, C., & Jones, G. (2010). Place these strategic business units in one of four categories. You need to make efforts to block them out, and must focus on your work. 7 Effective Steps to Solve Case Study. SolarCity was widely considered one of the best solar companies in the years leading up to . The shareholders also alleged that Musk controlled the board of Tesla, even though he appeared to recuse himself from some deal negotiations concerning SolarCity. Problem Identification in Tesla: The SolarCity Acquisition case study, STEP 2. In 2016, Tesla acquired solar panel installer and financier SolarCity for $2.6 billion and the assumption of $3 billion in debt. WILMINGTON, Del. That $60 million bill will be footed by insurers covering Teslas directors and executives as part of a derivative settlement agreement. When it has to do with Tesla The Solarcity Acquisition Case Solution, it's really tough to resist the temptation to speed things up. The organization can develop new products for the existing market. Develop and applied composed on boarding strategies. Lastly, each resource is assessed in terms of whether the organization can use it to an advantage or not. A blue ocean strategy is a strategy that involves firms seeking uncontested market spaces, which makes the competition of the company irrelevant. Industry Specific / Porter Five Forces Analysis of Tesla: The SolarCity Acquisition case study, STEP 4. Market overview: Large-scale storage systems, Market overview: Microgrid control systems, The smarter E Europe 2019 special edition, Energy Storage North America Special 2018, Clean Power Research: Solar data solutions to maximize PV project performance. One is also required to provide how these recommendations would be implemented. The timeline also helps in understanding the continuous challenges that are being faced by the organisation. It also helps one in developing the case study solutions. These are usually in the form of strategies that the organisation can adopt. It shows that the details provided in the case have been properly analysed. IIBMS. The company should keep it in mind, while carrying out such steps. Lastly, differentiation or cost reduction strategies are to be used for each of these activities to increase the overall value provided by these activities. Therefore, the SWOT analysis is a helpful tool in coming up with the Tesla The SolarCity Acquisition Case Study answers.
If you find any employee lazy in your group, do not devote your day on focusing on the way that your lazy subordinate is constantly utilizing Facebook and other social networks at the office. Enhancement in socializing practices - Little experience of international market Even though it is a major player in local market, Solarcity Tesla has little experience in international market. The PESTEL analysis discussed previously looked at the macro environmental factors affecting business, but not the microenvironmental factors. Don has been a part of three successful exits in the solar + storage industry. Tesla The Solarcity Acquisition Case Study Solution wondered that, would she fit in the company's value culture and the way it works. When Tesla bought SolarCity in November 2016, Elon Musk billed the deal as a match made in green energy heaven: Combine a hot electric car company with the nation's then-largest provider of. The Tesla: The SolarCity Acquisition (referred as "Solarcity Tesla" from here on) case study provides evaluation & decision scenario in field of Finance & Accounting. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. This can be done by using company history. Musk was set to be the first witness during the trial to defend his decisions as Teslas CEO. Shareholders believed Tesla's acquisition of SolarCity in 2016 was a bailout of a company owned by two of Musk's cousins, which was unfair to them. - Inflation rate is one of the key criteria to consider for Solarcity Tesla before entering into a new market. Managers need to assess these factors even before entering the market. A few of them were fulfilled, however some were mismatched with the company. The business should recruit the employees that have the skills that match with the objectives of the business. Both companies had similar products and could be a strong strategic fit. After the $2.6 billion deal went through for Tesla to buy SolarCity, Tesla shareholders filed a lawsuit against Tesla/SolarCity/Musk and sought $2.6 billion in damages or the cost of the SolarCity acquisition. - Solarcity Tesla business model can be easily replicated by competitors According to Zhichuan Frank Li, Tomiwa Ademidun , the business model of Solarcity Tesla can be easily replicated by players in the industry. It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the Tesla: The SolarCity Acquisition. At times in a case analysis, the problem may be clearly evident in the reading of the HBR case. November 1, 2016. One does not need to remain restricted to using the traditional SWOT analysis, but the advanced TOWS matrix or weighted average SWOT analysis can also be used. To satisfy the customer's requirements and market goals according to the needed time, the task are needed to be completed in a restricted time. How to calculate Weighted Average Market Share using BCG Growth Share Matrix
The company can challenge competitors from various companies. 100% money back guarantee if the quality doesn't match the promise, If the work we produce contain plagiarism then we payback 1000 USD. Legal Notice Terms and Conditions Privacy Policy pv magazine 2023, This website uses cookies to anonymously count visitor numbers. In mid-2016, the chief executive officer of Tesla, a U.S. manufacturer of electric cars, was interested in acquiring SolarCity, a U.S. solar power manufacturer and distributor. At other times, finding the issue is the job of the person analysing the case. The glaring omission from the January settlement agreement was Musk, who has every intention of proceeding to trial and defending himself and his company against the claims made against him and the $2.6 billion SolarCity purchase. Solarcity Tesla in case study Tesla: The SolarCity Acquisition should look into these export restrictions policies. This involves a detailed analysis of their actions and how these would affect the future strategies of Tesla The SolarCity Acquisition. Thank you for your email subscription. When Tesla The Solarcity Acquisition Case Study Solution joined the company, in the starting she felt the business was a little bit of an alienation. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Solarcity Tesla should closely monitor consumer disposable income level, household debt level, and level of efficiency of local financial markets.
The case-presiding judge Joseph Slights offered the following statement: Please know that this was not an easy decision to reach, given the time and resources I know you have dedicated to prepare for this trial, and the last minute nature of this decision. (2013). Product Market segmentation in BCG Growth Share matrix should be done with great care as there can be a scenario where Solarcity Tesla can be market leader in the industry without being a dominant player or segment leader in any of the segment. Join our newsletter. The steps to be followed in this analysis is as follows: The strategies identified from the Tesla The SolarCity Acquisition BCG matrix and included in the case pdf. Or how the marketing budget can be better spent using social media rather than traditional media. BCG Growth Share Matrix is very valuable tool to analyze Solarcity Tesla strategic positioning in various sectors that it operates in and strategic options that are available to it. It was backed by Musk, who served as chairman of the board at bothTeslaand SolarCity.