Telsa’s Corporate and International Expansion Strategies

Telsa’ Corporate and International Expansion Strategies
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Telsa’ Corporate and International Expansion Strategies
Any company intending to go global should extend its reach to every continent around the world. According to (Benn, Dunphy & Griffiths, 2014), a global expansion strategy means a formal plan that a company uses to expand its reach into different nations. Therefore, potential corporate moves worth recommending for Telsa Motors are as follows. First, it should focus on exporting and licensing its products. It is a solid initial move that would allow it to introduce electric vehicles. Also, Telsa should form strategic partnerships; as highlighted by (Slack, 2015); it would enable the company to apply its expertise and experience as the world’s best-selling plug-in electric vehicles.
In line with (Armstrong & Taylor, 2017), a corporate strategy is concerned with decisions made that influence the whole operations. Therefore, for Telsa Motors to realize its long-term goal of delivering five hundred thousand electric vehicles every year by 2020, then the following corporate strategy would be appropriate. It should undertake a value reduction strategy to refocus its share market in foreign countries. It should implement the value-creating strategy that aids it to increase market share as compared to its rivals. It particularly meant to add actual and clients’ felt value to its product offerings (Persaud, Woodhouse & Scriven, 2016). For example, Telsa should share its resources and capabilities to minimize expenditures and enhance efficiency.
Two nations in different continents that best serve as host market candidates include India and Norway. India forms one of the most affected nations by air pollution and requires electric vehicles (Aminova, 2016). I would pick Norway first because it has a good reputation as an environmentally friendly and the government can offer incentives to the company which would facilitate its market reach.
Designing a geographic organization structure for Telsa Motors
The most appropriate geographic organizational structure includes the one that facilitates effective communication, easy to maintain and helps to achieve the desired efficiency. Therefore, I would recommend Telsa Motors to implement a structure consisting of regional divisions, global hierarchy, and centralization. The most important one here includes the global hierarchy which involves the...