The division was founded on April 30, 2015, when Tesla CEO Elon Musk announced that the company . She is passionate about corporate strategy, competitive strategy, game theory, and business model innovation. Analyse the companys promotion mix. It also helps one in developing the case study solutions. Understanding Business Processes, 50-66. So, recommendations and suggestions need to address the strategy of the marketing department in this case. Less interaction with new employee. Analyse the companys products and devise strategies to improve the product offering of the company. After this, the relevant tools and models are used, which help in the case study analysis and case study solution. Competition Regulations Numerous countries have strong competition laws both regarding the monopoly conditions and day to day fair business practices. CaseAnalysisTeam(at)gmail(dot)com Please replace (at) by @ and (dot) by. If I remained in the place of Tesla The Solarcity Acquisition Case Study Solution, I would have gone over the entire issues that I had actually faced in the entire year, and had actually demanded sharing all the concern with my manger. Back in 2016, Tesla acquired solar panel manufacturer SolarCity, billing the $2.6 billion deal as an opportunity to create "the world's only vertically integrated sustainable energy company." A long-running romance demands a great deal of dedication and lots of emotional financial investment . It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the Tesla: The SolarCity Acquisition. The case solution first identifies the central issue to the Tesla The SolarCity Acquisition case study, and the relevant stakeholders affected by this issue. After completing a year in the business, it was the stage where she had to examine and reflect her journey and experiences, while operating in the business. Usage creativity, and promote the process. Both Tesla and SolarCity operated in young, high-growth industries; however, despite their high growth rates, both companies were also losing money every year. The organization can enter into new markets with new products. Email us directly at: casesolutionsavailable (at)gmail (dot)com Please replace (at) by @ and (dot) by . To summarize, the following expectations were mismatched with the business: How to calculate Weighted Average Market Share using BCG Growth Share Matrix The BCG Matrix is an important tool in deciding whether an organization should invest or divest in its strategic business units. The views and opinions expressed in this article are the authors own, and do not necessarily reflect those held by pv magazine. Both Tesla and SolarCity operated in young, high-growth industries; however, despite their high growth rates, both companies were also losing money every year. Strategies can be devised to improve the availability of the companys products. Solarcity Tesla needs to restructure its IT policies to accommodate these changes. Required fields are marked *. Identify the market growth of each strategic business unit. Boston: Irwin McGrawHill. ANSOFF matrix, environment, and growth-an interactive triangle. One additional director, Brad Buss, is no longer part of Teslas board, but was at the time of the deal and was also part of the settlement. It helps in the strategic analysis of Tesla The SolarCity Acquisition. Tesla The SolarCity Acquisition should invest in its stars and cash cows, while getting rid of the dogs identified from the BCG Matrix analysis. In a nutshell, if I was in the location of Tesla The Solarcity Acquisition Case Study Solution, I would have sustained to stay in the business with possible action plan in her scenarios. The four-hour presentation was long on Musk's vision to build the next phase of Tesla's growth around a sustainable energy future by moving into products like heat pumps, but short on any . Solarcity Tesla is in prime position to tap on those opportunities and grow the market share. Check your email The Tesla acquisition of SolarCity closed in November 2016. 2023 CNBC LLC. PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Tesla: The SolarCity Acquisition case study. The acquisition amounted, they argue, to a bail-out by one of his start-ups (Tesla) of another one (SolarCity), which damaged the formerand thus their investments. Button waist with zip fly provides a classic look and feel . Shareholders also argued, in the suit, that Musk unveiled a product that didn't yet function glass solar roof tiles to convince investors that there was real intellectual property and a product close to commercial viability in SolarCity. PESTEL analysis of " Tesla: The SolarCity Acquisition" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors. 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. Musk denied that he placed any pressure on the Tesla board to go through with the transaction. Tesla The SolarCity Acquisition needs to bring out certain responses from the market that it targets. What are the resources needed to increase profitability (VRIO Analysis) To achieve its overall corporate and business level objectives, it should make use of the marketing mix tools to obtain desired results from its target market. According to the plaintiffs, as Tesla's controlling stockholder, Elon caused Tesla's servile Board to approve the Acquisition of an insolvent SolarCity at a patently unfair price, following a highly flawed process, in order to bail out his Direct and prospective action plan - Demographic shifts in the economy are also a good social indicator for Solarcity Tesla to predict not only overall trend in market but also demand for Solarcity Tesla product among its core customer segments. No reply from the mangers in the brand-new office. Moreover, in order to protect the position at the workplace; she also had to prove that she was worthy for the business. Many believe that the massive deal was not properly scrutinized and SolarCitys financial peril was hidden by a rushed analysis of the companys finances by an outside firm. Retrieved from http://www.iibms.org/c-7-effective-steps-to-solve-case-study/. She strove to clear all the evaluation that the business draws from the fresh graduates. A good implementation framework shows the proposed plan and how the organisations' resources would be used to achieve the objectives. The value chain and competitive advantage. Tesla shareholders alleged the company's acquisition of the solar installer amounted to a bailout, pushed through by Musk who sat on both company boards at the time. Save my name, email, and website in this browser for the next time I comment. Try to make very first day at company unexpected. Hold Ctrl or Cmd to select multiple editions. Help, Academic Retrieved from https://www.hbs.edu/mba/blog/post/8-tips-to-help-you-prepare-for-the-case-method. Rauch, P. (2007). By subscribing to our newsletter youll be eligible for a 10% discount on magazine subscriptions! Although, your objective is to alter the 'resisters to champions', which is not constantly possible. IIBMS. Lastly, a timeline of the issues and events in the case needs to be made. (2013). It helps in communicating the points directly and the direction one took. Elon Musk, chief executive officer of Tesla Inc., arrives at court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021. A rare resource is one that is not commonly used by competitors. Export restrictions on products Apart from direct product export restrictions in field of technology and agriculture, a number of countries also have capital controls. It includes the threat of substitute products. Socialization and Beginner on boarding practices in other industries Industry Specific / Porter Five Forces Analysis of Tesla: The SolarCity Acquisition case study, STEP 4. The strategies devised and included in the Tesla The SolarCity Acquisition case memo should have a blue ocean strategy. Musk was set to be the first witness during the trial to defend his decisions as Teslas CEO. Tesla shareholders alleged the company's acquisition of the solar installer amounted to a bailout, pushed through by Musk who sat on both company boards at the time. (2013). Specifying the people "on board" and the people that are not. Import restrictions on products Before entering the new market, Solarcity Tesla in case study Tesla: The SolarCity Acquisition" should look into the import restrictions that may be present in the prospective market. One is also required to provide how these recommendations would be implemented. Tesla The SolarCity Acquisition should enhance the value creating activities within its value chain. In 2016, Tesla acquired solar panel installer and financier SolarCity for $2.6 billion and the assumption of $3 billion in debt. She thought about the task assigned to her as a video game so that she might take pleasure in the work. Porter, M. E. (2001). The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. This part consists of solutions that address issues faced by the organisation on a strategic level. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The pv magazine editorial team includes specialists in equipment supply, manufacturing, policy, markets, balance of systems, and EPC. Directors of Tesla Inc settled a shareholder lawsuit over the company's 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla . She understood that a lot of the important things had altered in the office in addition to the changes in the method she was, at the initiation of the job. This shows how through a step-by-step procedure as to how the central issue can be resolved. Kulkarni, N. (2018). A proper implementation framework shows that one has clearly understood the case study and the main issue within it. 1. A Delaware court ruled in favor of defendant Elon Musk on Wednesday in a shareholder lawsuit over Tesla's $2.6 billion acquisition of SolarCity. Your email address will not be published. Those against Musk and this purchase of SolarCity also believed that the outspoken entrepreneur sought to convince Tesla shareholders that the deal was a good one by promoting the unveiling of a SolarCity product that didnt yet exist: glass solar roof tiles. The matrix involves placing the strategic business units of a business in one of four categories; question marks, stars, dogs and cash cows. The challenge in front of the protagonist, of Tesla: The SolarCity Acquisition, is to not only build a competitive position of the organization but also to sustain it over a period of time. Musk's aerospace company, SpaceX, had also purchased tens of millions of dollars worth of solar bonds from SolarCity. For solving any Tesla The SolarCity Acquisition case, Financial Analysis is of extreme importance. Hill, C., & Jones, G. (2010). Porter, M. E. (1985). Strategic rationale: The acquisition of SolarCity will create the world's only integrated sustainable energy company, from energy generation to storage to transportation. Each of these resources are assessed in terms of the value it brings to the organization. The firm needs to assess its comfort dealing with the unions and regulations regarding unions in a given market or industry. to get Coupon Code. The matter could be appealed to the Delaware Supreme Court. In 2011, the company launched their expansion to the East Coast with the acquisition of the solar division . Mr. Musk, who is expected to take the stand in the nonjury trial as early as Monday, was chairman of both companies at the time. Analysis of the industry is important as businesses do not work in isolation in real life, but are affected by the business environment of the industry that they operate in. Lack of practical capabilities in the business, and the possible jobs to be untaken for a significant variety of time need to be avoided in the business. SWOT analyses and SWOT strategy formulation for forest owner cooperations in Austria. Here's what every major analyst thought of Tesla's investor day, Top auto analyst Jonas stays bullish on Tesla, says investor day showed competition can't keep up, JPMorgan downgrades electric vehicle stock Nio, says expectations are too high. Furthermore, it needs to be explained how the stated recommendations will help in solving the main issue mentioned in the case and where the company will stand in the future as a result of these. All the guidelines and guidelines, work concern, documents, paperwork and the reporting day were a bit laborious. Tesla: The SolarCity Acquisition is designed and drafted in a manner to allow the HBR case study reader to analyze a real-world problem by putting reader into the position of the decision maker. This paper presents the solved Tesla The SolarCity Acquisition case analysis and case solution. The Tesla: The SolarCity Acquisition case study solution requires the MBA, EMBA, executive, professional to have a deep understanding of various strategic management tools such as SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, What are external factors that are impacting the business environment (PESTEL Analysis) - Customers are moving toward mobile first environment which can hamper the growth as Solarcity Tesla still hasnt got a comprehensive mobile strategy. It's final: With no more barriers to the deal, Tesla is buying SolarCity. Moreover, I would have advised the following action plan: Tesla The Solarcity Acquisition had actually just finished her bachelor's degree in the field of 'engineering in the electronics and interactions stream' from the famous organization in US . Harvard Business case studies represent real-life situations, and therefore, an analysis of the industry's competitive environment needs to be carried out to come up with more holistic case study solutions. The organization can penetrate into existing markets with its existing products. Fitted waist with belt loops. This analysis can be proceeded in a step-by-step procedure to ensure that effective solutions are found. Through energetically pursuing feedback, new employees can rapidly learn about activities that are required to be altered to know which actions fit in finest with corporation culture and potential customers. We want to hear from you. 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. and cannot be used for research or reference purposes. Business Strategy Review, 14(2), 8-10. Service, Dissertation The trial started . 100% money back guarantee if the quality doesn't match the promise, If the work we produce contain plagiarism then we payback 1000 USD. Competitive advantage: creating and sustaining superior performance (Vol. These solutions will also be the Tesla The SolarCity Acquisition case answers. Tesla CEO Elon Musk wrapped up his testimony before the Delaware Court of Chancery on Tuesday afternoon, after spending around 9 hours defending his company's 2016. If you need help with something similar, Actionable and practical solutions can then be developed by keeping these factors into perspective. Green Data Dash. 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. The Tesla: The SolarCity Acquisition case study solution requires the MBA, EMBA, executive, professional to have a deep understanding of various strategic management tools such as SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis. 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. correct email will be accepted, (Approximately They had actually made a strong bond with each other, but unexpectedly throughout training they were relocated at various domains, which was not anticipated by Tesla The Solarcity Acquisition Case Study Help, she felt lonesome and her good friends motivated her to participate in the classes. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. Socializing is among the important treatments that explain the techniques to increase the interactions among the employees in the business. Tesla's Plan to Buy SolarCity Has Major Flaws. - Little experience of international market Even though it is a major player in local market, Solarcity Tesla has little experience in international market. - Home market marketing technique wont work in new markets such as India and China where scale is prized over profitability. Free Management E-Books. Tesla CEO Elon Musk is expected in court on Monday to defend his role in Tesla's $2.6 billion acquisition of SolarCity in 2016. At some point she had totally free riders in the groups who never worked, however took the credit, sometime she learned a lot and had good experience with the team. Another helpful tool that should be used in finding the case study solutions is the PESTEL analysis. 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. This is doing the Tesla The SolarCity Acquisition Case Solution. Is this merger a good idea? The company's major goal must be to change as many 'resisters' as possible through various robust interaction networks and circulation of information, and for those you can not keep them involved in this program. Perhaps, it supplies you chances to advance in your career, and can demonstrate that you can manage the tight spots. The acquisition is a key improvement on the Solarcity deal. Almost all of the case studies contain well defined situations. Research and Development Subsidies and Policies Governments often provide tax breaks and other incentives for companies to innovate in various sectors of priority. Proposal, Assignment Writing Dissertation Solarcity Tesla in case study Tesla: The SolarCity Acquisition should look into these export restrictions policies. Stay informed. The business needs to supply a reasonable job preview to its workers, and corporation culture is alternative administrative approach to allow new employee socialization. Tesla The Solarcity Acquisition Case Study Solution likewise had numerous expectation with the company. The important thing to note here is that the business level strategy needs to be aligned with the overall corporate strategy of the organisation. The internal resources of Tesla The SolarCity Acquisition are listed down. The acquisition was a huge blow to the entire Solarcity Group, which is a leading player in B2B trading, and it will be another huge blow to B2B. All Rights Reserved. Management and Administrative Sciences Review, 2(2), 196-206. . This analysis can be proceeded in a step-by-step procedure to ensure that effective solutions are found. At the end of the first year, she felt that the association with the business was getting bit worse because she felt that she was designated the project that was beyond her command, with extremely restricted time and there was no one to help her out in the task. Place these strategic business units in one of four categories. It has to come from the data provided within the case study rather than data from outside world. What's swot in strategic analysis? The Tesla: The SolarCity Acquisition (referred as "Solarcity Tesla" from here on) case study provides evaluation & decision scenario in field of Finance & Accounting. 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. She went through with the procedure of technical training, where she had to face lots of issues and hard situations. The case solution first identifies the central issue to the TESLA THE SOLARCITY ACQUISITION - STUDENT SPREADSHEET case study, and the relevant stakeholders affected by this issue. SolarCity was founded in 2006 by Musk's cousins, Peter and Lyndon Rive. Keep in mind the underlying motive for the deal, potential corporate governance issues, the plausibility of . These are the threats that the industry faces due to new entrants. I believe that Solarcity Tesla can make a transition even by keeping these people on board. This issue may be analysed for a manager or employee as well. The tools used in identifying the solution consist of the SWOT Analysis, Porter Five Forces Analysis, PESTEL Analysis, VRIO analysis, Value Chain Analysis, BCG Matrix analysis, Ansoff Matrix analysis, and the Marketing Mix analysis. Re-allocating of the task to the new office. In Porter's Five Forces analysis, the industry is analysed along 5 dimensions. 2 min read. Sometime there are numerous task managers who take wrong decision and keep 'champs as champs', and keep resisters involved. One-to-one discussions. You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. As Director of Communications at LendEDU, Mike Brown uses data, usually from surveys and publicly available resources, to identify emerging personal finance trends and tell unique stories. The SWOT analysis is a strategic management tool that lists down in the form of a matrix, an organisation's internal strengths and weaknesses, and external opportunities and threats. This procedure of understanding to establish a reliable member of the business is diverse from expert socialization, which stresses on finding out the standards of one's business. An effective company socializing procedure can effect in effective staff, with positive work outlook who keep on dealing with the business for a longer period. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com. 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. The following are the very best practices that the business executes in socializing and on boarding of newbies: Warning! Michael Porter Five Forces of Strategy are . This includes the advertisement, public relations, personal selling, sales promotion, and direct marketing. Additionally, Musk and his cousins, who served as CEO and CTO at SolarCity, founded the solar installer in 2006, while Musk served as the companys chairman. All personnel or all hands conferences. Once all the factors mentioned in the Tesla: The SolarCity Acquisition case study are organized based on SWOT analysis, just remove the non essential factors.
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