Essay Sample on Tesla & Hyundai: Pioneering Clean Energy & EVs

Introduction

Tesla, Inc. is an American clean vitality organization and electric vehicle situated in Palo Alto, California. In July 2003 the engineers' Martin Eberhard and Marc Tarpenning formed Tesla Motors. The organization's name is a reference to innovator and electrical architect Nikola Tesla. Hyundai Motor Company is a South Korean global carmaker headquartered in Seoul which was built up in 1967 from the Hyundai Engineering and Construction Company.

Is your time best spent reading someone else’s essay? Get a 100% original essay FROM A CERTIFIED WRITER!

Save 25%

Tesla works on various creation and gets together plants. It's strategic to quicken the world's change to supportable vitality. Today, Tesla assembles every electric vehicle as well as vastly versatile clean vitality age and capacity items. Tesla accepts the quicker the world quits depending on petroleum products and the better moves towards a future of zero emissions. Tesla Company spends significant time in electric vehicle assembling and the recovery of energy from batteries. Hyundai is an extraordinary player in the automotive market. The organization runs the world's biggest incorporated car-producing office in South Korea. While the biggest us automakers were being bailed out by US government and Japanese car sales were shrinking in the recession-hit US market, Hyundai Motor Company (HMC), South Korea's biggest carmaker, expanded its sales volume as well as its US market share in 2009 (Jo, & You, 2011). According to Jo, Jeong and Kim, the Production specialists' expertise development process are firmly identified with Hyundai's creation framework, which is particular from those of remote automakers. Its excessive mechanization uses adaptable creation innovation, which saves money on abilities on the shop floor. This is the key factor in Hyundai's extensive development since the 2000s, given the systematization and codification of venture based critical thinking capacities as an engineering skill, and the execution of a progressively orderly, performance-based personnel management strategy (2016).

The organizational structure of an enterprise is the design and framework that determines the patterns of interaction between components of the enterprise. Tesla has a functional authoritative structure that utilizes hierarchical capacity as the primary characterizing factor. Tesla has a function-based chain of command in its worldwide association. This hierarchy comprises flexible departments supervising both domestic and external activities. The following organizational offices lead and represent the corporate hierarchy within Tesla Company: Chairman & Chief Executive, Finance, Technology, Corporate Sales and Service, Engineering and Legal. In the Hyundai business, Korean culture is very clear. The business does not believe in power accumulation in few hands like Western companies but businesses are inside coordinated and arranged with the goal that everyone is associated and nobody is the main director rather customary CEO post and a fairly untraditional Co-Chief Executive Officer as well. The organization works in numerous nations where there are nation supervisors. Consequently, the administration is a blend of decentralized and focused structure.

Tesla's hierarchical structure enables integrated management of the worldwide car market, energy solutions and supports consistent business development. These divisions are utilized to execute various techniques and promoting efforts and to manage monetary records and reports. The framework takes a conventional type, taking into account the strategic emphasis and control of the business, as well as broad operational growth in the global market to promote comprehensive organizational control. Given its increasing international operations, this hierarchical structure provides capabilities that require clear managerial control of the company. Development builds unpredictability and difficulties. According to Moritz et.al, Tesla's knows that its technology leadership and the good strategic position is nothing worth if, in the long run, the EV market won't be big enough to sell high-volume affordable cars as this is the precondition to run a profitable business in this sector and therefore, any measure that could possibly stimulate the market growth has to be considered (2015). Hyundai Company believes in helping through hard work. The employees are constant for working late. When the creation of deals target is set; the workers would accomplish it using any and all means. In addition, Hyundai's extensive experience in manufacturing and processing is also a trademark. The Hyundai has the maximum ability for human capital, willing to work hard and competent.

In its organizational structure, Tesla, Inc. uses centralization that emphasizes administrative influence over the entire organization, by decisions made by a central team. Global hierarchy heads of offices constitute the main headquarters of the company, which directly governs all activities. Tesla protects the flexibility of its national or foreign offices to a minimum. The organization's central station settles on the vast majority of the choices for abroad tasks. The momentum for Hyundai's strong growth after the 2000s, as a litmus test of the post-catch-up question, was initiated by the shift in Hyundai's corporate governance during the economic crisis in the late 1990s (Jo, Jeong, & Kim, 2016). Hyundai's corporate administration structure incorporates a nine-part governing body containing four inner executives and five outer chiefs, an audit council, a morals advisory group and a board of trustees to suggest outside chief up-and-comers.

A strategic organizational structure which is carefully designed allows a company to operate efficiently and effectively. An inadequate structure can cause major problems for an organization, including loss of income, high turnover of workers and loss of productivity. Experts in management use departmentalization, chain of command, centralization or decentralization and degree of formalization to formulate the right plot for a company.

References

Jo, H. J., & You, J. S. (2011). Transferring production systems: an institutionalist account of Hyundai motor company in the United States. Journal of East Asian Studies, 11(1), 41-74. Retrieved from; https://www.cambridge.org/core/journals/journal-of-east-asian-studies/article/transferring-production-systems-an-institutionalist-account-of-hyundai-motor-company-in-the-united-states/5909C0A71A716D2108AAD7E4B7341563

Jo, H. J., Jeong, J. H., & Kim, C. (2016). Unpacking the 'black box'of a Korean big fast follower: Hyundai Motor Company's engineer-led production system. Asian Journal of Technology Innovation, 24(sup1), 53-77. Retrieved from; https://www.tandfonline.com/doi/abs/10.1080/19761597.2016.1207423

Moritz, M., Redlich, T., Krenz, P., Buxbaum-Conradi, S., & Wulfsberg, J. P. (2015, August). Tesla Motors, Inc.: Pioneer towards a new strategic approach in the automobile industry along the open source movement?. In 2015 Portland International Conference On Management Of Engineering And Technology (picmet) (pp. 85-92). IEEE. Retrieved from; https://ieeexplore.ieee.org/abstract/document/7273032/