How tesla can use the two strategies you chose to improve

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Reference no: EM133717158

Problem

Strategy-Making in Turbulent Times-A dynamic new model by Michael Mankins and Mark Gottfredson (September-October 2022)

The article suggests 5 ways in which organizations can develop strategies and monitor their performance. They are:
(i) Define Extreme but Plausible Scenarios, (ii) Identify Strategic Hedges and Options, (iii) Run Experiments Before Locking in Investment, (iv) Identify Trigger Points, Signposts, and Metrics and (v) Provide Prescriptive Surveillance

The article has many examples from real life companies that did that. Pick any two of the scenarios and explain how Tesla can use the two strategies you chose to improve its performance.

Reference no: EM133717158

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