Case study
Case study
ORDER A PLAGIARISM FREE PAPER NOW
Case #1 Tesla, Inc. is an American automotive company that specializes in electric car manufacturing. The company and Elon Musk, it’s current CEO, has been an innovator in the United States automobile industry. Tesla has used technology as one of it’s driving factors. They provide online software updates and have open source technology, to an extent. Tesla’s production efficiency and sales have increased the last few years. During 2018, they were able to achieve a profitable quarter. Despite of these improvements, the company has had to deal with a number of challenges. Among them: – – – Elon Musk is a dynamic leader; however, he is also unpredictable. For example, in 2018 Musk reported that the company may be going private. The statements were deemed to be misleading for a publicly traded company. Musk and the company were fined a total of $40 million dollars and Musk was not allowed to serve as Director of the Tesla Board for at least three years. Although production has improved, it is still has not meet expectations. The company has had many issues which include, assembly line issues, battery integration, and delivery logistics. During this time, Musk has made statements regarding production which has over promised to the market. Tesla had achieved quarterly profitability during 2018. They had losses for years. Obviously, this is a problem but not unusual for a manufacturing company that takes a number of years to develop a market. The issue is that with accumulating debt, the unpredictability of production and costs have caused major concerns in the investor market place. Operating a company the size of Tesla is a major task. It takes many teams, with numbers of functions. Address the following questions as advice for the Tesla Board of Directors 1. The leader of the company, Elon Musk, has created issues on his own for the company. What structure could be put in place to minimize negative impacts? 2. Chapter 4 of the Group Dynamics for Teams text addresses group cohesion and team roles. What concepts could be utilized to improve the Board’s results? 3. Tesla was founded in 2003. What factors would you consider to be critical when forming the initial board? The assignment will be due at the end of week one. 2 to 3 pages in length, double spaced. Understanding the Basic Team Processes Chapter 4 4-1 Motivation ◼ Social Loafing Free riders Sucker effect Contributing Factors: No need for coordination of efforts ◼ Individual performance unaccounted for ◼ Unaware of others’ efforts ◼ 4-2 Motivation ◼ Increasing Group Motivation Task Job Characteristic Model ◼ Task interdependence ◼ Evaluations ◼ Individual and team based Team ◼ and Rewards Efficacy Team potency Commitment ◼ and Cohesion Group cohesion 4-3 Group Cohesion ◼ How Cohesion Affects the Group’s Performance Bidirectional positive influence Cohesion important when task requires: ◼ Interdependence ◼ Interaction ◼ Coordination Cohesive ◼ ◼ teams: Better prepared to handle conflict More conformity 4-4 Group Cohesion ◼ Building Group Cohesion Characteristics of Cohesive Groups: ◼ Similar attitudes/personal goals ◼ Time together ◼ Smaller teams ◼ Group incentives Building Cohesion: ◼ Training in social interaction skills ◼ Training in task skills ◼ Team success and reward for success ◼ Team leader behavior 4-5 Team Roles ◼ Role Problems Role ambiguity Role conflict ◼ Leads to: Stress Decreased satisfaction and morale Increased turnover Decreased participation Solutions: Make important roles explicit ◼ Prioritize tasks ◼ 4-6 Team Roles ◼ Types of Team Meeting Roles Leader or Facilitator Develop agenda ◼ Ensure information is shared and understood ◼ Remove internal problems ◼ Recorder Notes key decisions and assignments ◼ Minutes ◼ Sometimes acts as scribe ◼ Timekeeper 4-7 Task and Social Behaviors ◼ Task Behaviors Information ◼ Social Behaviors Social ◼ sharing and behavioral assistance recognition and encouragement Balance depends on: Characteristics of group Maturity level of group Nature of task 4-8 Task and Social Behaviors ◼ Insert Figure 4.1: Task and Social Support in Teams (p. 72) 4-9 Team Adaptation and Learning ◼ Shared mental models Related ◼ ◼ to the task and how team operates Considerations: accuracy and degree of agreement Transactive memory Awareness of knowledge possessed by team members Benefits coordination and problem-solving 4-10 Team Adaptation and Learning ◼ Using Feedback Best feedback is positive and negative Improves mental model ◼ Requires safe environment ◼ ◼ Group Process Observations Best if completed by team member 4-11 4-12 4-13 4-14 Activity Continued 4-15
Purchase answer to see full attachment
