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What does the Chevy Volt case inform you about the nature of strategic choice making at a large complex organization like GM? From the Chevy Volt case, we can see that GM is a big complex organization and has a lot of procedures to make any choice in altering their tactical strategy. Moreover, they adhered to the previous failure that they had experienced. For that reason, they moved too slow and missed the opportunity to alter or adjust themselves to the external pattern or a better opportunity.
What trends in the external environment preferred the pursuit of the Chevy Volt task? -Gas rate was increasing dramatically due to the fact that of growing demand in developed countries including China and India -Global Warming end up being a significant issue so people trend to use the vehicle which produce less Co2.
The expense of Manufacturing lithium ion batteries was falling and new technology make them more effective -Need for fuel efficient car like Prius (Toyota) that make use of brand-new battery innovation What obstacles to pursuing this project do you think existed within GM? -GM currently spent a huge investment in establishing fuel cells -Many decision makers in GM didn't wish to unexpectedly switch gears and focus on lithium ion batteries instead -Innovation in a large lithium ion battery production was hard -Failure in the past was the experience that GM still remembered and was scared to purchase new project
What does this inform you about the nature of strategic strategies? Chevy Volt task which is partly based upon the presumption of fuels costs is rather hesitant.
Plan investment in context of rising oil rates, and environment sustainability just does not in a sense make up overall company plan layout. External environment analysis such as the macro and micro-economic aspects also ought to have been focused, so that an alternative strategy design to develop new innovation for its benchmark automobiles design that operate on fuel which must meet the tighter guideline in the future.
The Chevy Volt job tactical strategy was based on factor that kept rising oil costs in contention to market its electric cars and truck model for success.
Falling oil prices can affect Chevy Volt project in terms of profitability directly from the sale of electric cars. Do you think oil prices will remain low?
The demand for oil increases, prices also is also likely to surge accordingly. Besides there are no substitute product 5. What will it take for the Chevy Volt to be a successful car ? in light of your analysis, how risky do you think this venture is for GM? What are the costs of failure? What are the costs of not pursuing the project?
Its new models have cutting-edge designs that sell well, and its quality rankings and fuel economy rise, If every new model has dramatically better gas mileage in government testing than its predecessor, Proper advertising is done like GM products are appearing in hit movies, music videos, TV shows and other media. Cost of not pursuing the...
Planning for the Chevy Volt. (2016, Apr 15). Retrieved from https://studymoose.com/planning-for-the-chevy-volt-essay
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