Closing Case 1: “Planning for the Chevy Volt” 1. From the case of Chevy Volt‚ it shows that in the large corporation such as GM‚ there is much complexity than the small company. The strategic decision making is required the vision of the leader of the company in order to drive the company into the profitable and sustainable way which is the goal of business. However‚ people in a group of management committee do not always think the same and it is hard to judge at the first place whether the
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future are straightforward: • Continue to execute the North America turnaround plan; • Grow aggressively in emerging markets; • Continue development and implementation of GM’s advanced propulsion strategy; • Improve business results The Chevrolet Volt has been named the most influential product in the General Motors repositioning strategy by top executives because of its direct correlation to all the core business initiatives through some form. As Chevrolet has repositioned itself in North America
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Planning for the Chevy Volt Name Institution Planning for the Chevy Volt What Does the Chevy Volt Case Tell about the Nature of Strategic Decision-making at a Large Complex Organization like General Motors? Chevy Volt issues show how strategic decision-making at the leading complex company‚ for example‚ General Motors can be hard and exceptionally challenging. This is because they need more time to make sure that you have convinced other stakeholders to support the ideas for new work strategies
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What does the chevy volt case tell you about the nature of strategic decision making at large complex organization like GM? The Chevy Volt case tells me the nature of the strategic decision making at a large complex organization like GM can be difficult and challenging due to having to convince other managers to agree with the ideas for new strategies. In the case it states that the two persons‚ GM’s vice chairman and the head of RD&D had already proposed to make the Volt in 2003 but were turned
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Strategic Management Closing Case Page 36 Planning for the Chevy Volt 1. What does the Chevy Volt case tell you about the nature of strategic decision making at a large complex organization like GM? Increase in oil price‚ Limit carbon emission goes green‚ and the cost of manufacturing lithium ion batteries was falling 2. What trends in the external environment favored the pursuit of the Chevy Volt project? Toyota best selling hybrid Prius shows the customer demand for
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Executive Summary GM plans to release a new 5 door sedan‚ extended range electric vehicle which will be known as the Volt‚ a promotional image can be seen on the report title page. Our goal is to achieve 100% customer satisfaction so our focus will be on product quality; The Chevy Volt‚ an advanced technology with standard equipment features. We will be the first automobile company to enter this specific industry so to take advantage of our launch of the most fuel efficient car that we will do
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put the company into the situation of making inappropriate strategic decision. The project was initially proposed by top two managements. Due to lack of thorough analysis and plan‚ they could not convince other managers in order to pursue this Chevy Volt project. This implied the missing link of strategic leadership that should have been a transformational force. In addition‚ the shareholder’s wealth creation had not been properly addressed and the well-defined business plan had not been emphasized
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1. The Chevy Volt case tells me the nature of the strategic decision making at a large complex organization like GM can be difficult and challenging due to having to convince other managers to agree with the ideas for new strategies. In the case it states that the two persons‚ GM’s vice chairman and the head of RD&D had already proposed to make the Volt in 2003 but were turned down by the other managers. However‚ in 2007 with the changes in the external environment the other managers agreed
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Planning for the Chevy Volt Case General Motors is a company in deep trouble. As car sales in North America collapsed in 2008‚ GM‚ which had already lost money in 2007‚ plunged deeply into the red. With losses estimated at $14 billion‚ the company was forced to go cap in hand to the government to beg for public finds to help it stave off bankruptcy. Fearing the economic consequences of a collapse of GM‚ the government agreed to loan funds to GM‚ but it insisted that the company have a clear
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CASE STUDY CLOSING CASE: “PLANNING FOR THE CHEVY VOLT” 1. What does the Chevy Volt case tell you about the nature of strategic decision making at a large complex organization like GM? The Chevy Volt case tells me the nature of the strategic decision making at a large complex organization like GM can be difficult and challenging due to having to convince other managers to agree with the ideas for new strategies. In the case it states that the two persons‚ GM’s vice chairman and the head
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