Below is the levels of organizational strategies and the decision-makers 1. Corporate Level: Chief Executive Order 2. Division Level Division President/Executive Vice President 3. Functional Level Finance, Marketing, R&D, Manufacturing, Information Systems and Human Resource Managers 4. Operational Level Plant managers, sales managers, production and department managers Scenario You and a group of enthusiastic colleagues have recently graduated from university, and are eagerly discussing a possible joint entrepreneurial venture, focusing on the production of environmentally friendly electric vehicles. To fund this new venture, the team has been advised to come up with a solid implementation plan, supported by the strategy implementation framework to include detailed information on the business concept, strategic vision, mission, revenue model, financial objectives, and projections and much more. The rising use of hybrid and environmentally friendly electric vehicles (EVs) represents a significant shift in the automotive industry, with various factors contributing to its increasing popularity, environmental awareness and climate change concerns topping the list. Considering how competitive the business sector is today, it is important that you also consider various alternative organizational strategies, as well as develop a sustainable competitive advantage, to remain financially viable. The business name is ECORYDES Requirement: Being a start-up company, identify the key levels of organizational strategies, discussed in the course (see above) that your team should focus on. Identify the decision-makers throughout the organizational levels. tailor the responsibilities of decision-makers at each organizational level to be more closely related to the scenario of starting a venture in environmentally friendly electric vehicles: Discuss thoroughly.
Below is the levels of organizational strategies and the decision-makers
1. Corporate Level:
- Chief Executive Order
2. Division Level
- Division President/Executive Vice President
3. Functional Level
- Finance, Marketing, R&D, Manufacturing, Information Systems and Human Resource Managers
4. Operational Level
Plant managers, sales managers, production and department managers
Scenario
You and a group of enthusiastic colleagues have recently graduated from university, and are
eagerly discussing a possible joint entrepreneurial venture, focusing on the production of
environmentally friendly electric vehicles. To fund this new venture, the team has been advised to
come up with a solid implementation plan, supported by the strategy implementation framework
to include detailed information on the business concept, strategic vision, mission, revenue model,
financial objectives, and projections and much more. The rising use of hybrid and environmentally
friendly electric vehicles (EVs) represents a significant shift in the automotive industry, with
various factors contributing to its increasing popularity, environmental awareness and climate
change concerns topping the list. Considering how competitive the business sector is today, it is
important that you also consider various alternative organizational strategies, as well as develop a
sustainable competitive advantage, to remain financially viable.
The business name is ECORYDES
Requirement:
Being a start-up company, identify the key levels of organizational strategies, discussed in the course (see above) that your team should focus on.
- Identify the decision-makers throughout the organizational levels.
- tailor the responsibilities of decision-makers at each organizational level to be more closely related to the scenario of starting a venture in environmentally friendly electric vehicles: Discuss thoroughly.
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