blog




  • Essay / Comparison of General Motors and Tesla in terms of Fayol's management functions

    Our world is full of competition and business leaders are looking for and applying strategies to increase their turnover (Tobak 2014). The organization we will study is General Motors, which closed its doors due to business failure, and Tesla, one of the most valuable automobile companies in the world. These car brands are very popular all over the world, one was successful and the other went bankrupt due to poor management. To solve these management problems, Fayol created four management functions which are: Plan, Direct, Organize and Control. This essay will reveal that top executives at General Motors unsuccessfully used the four functions against Tesla, which succeeded because of these functions. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay Planning involves researching what to do, how to do it, what will be done, and how it will be done. Tesla and its CEO identified and adopted different strategies to exploit consumer demand, they identified how to convince consumers to buy their different car models (Musk 2006). The planning function is emphasized by Tesla, unlike GM which failed because GM, one of the biggest brands in the United States before, did not analyze the market, which led to bankruptcy. Everyone in a society wants to achieve the same goal. Organization concerns the reunification of resources: human, physical, financial resources and the information that the company needs to organize tasks in order to have good management. Tesla was advantaged by its leader Elon Musk who put in place a proper structure to organize all the work to facilitate the workers (Meyer 2018). Mary Barra took some responsibility and had consequences for the company, instead of growing the company she did the opposite, which did not please consumers. A manager must be critical; he must have a clear vision and must be present for them at all times; Leading is about communication, goals, and actions taken by the leader. Elon Musk, co-founder and CEO of Tesla Motors had a good vision of how to lead his team, how to continue with his team. GM's CEO thought differently, she didn't follow previously adopted rules, and she was overtaken by competitors. Control shows us how to stay in touch with the team, how to check the progress of the current project and verify proper functioning. of the organization. Tesla had a goal and pursued it, they challenged themselves to succeed. GM didn't really care about how to control the organization. GM's goal was completely different from Tesla's. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get a personalized essay. Fayol's four management functions are important to properly manage a business, they allow a manager to plan, direct, organize and control all the action carried out by the team of workers. Tesla is a major automobile brand that is involved today, and GM which went bankrupt due to a major management problem.