New York Magazine, Case in the News 1. What management challenges is Elon Musk facing as he prepares SolarCity to make its own solar panels? Elon Musk faces several management challenges in preparing SolarCity to make its own solar panels. First, rather than following suit behind companies that are focusing on the “platform-only model” and doing business solely as the middleman, Musk proposes that SolarCity make their own photovoltaic panels rather than purchase them from outside suppliers. This may prove to be a bit of a challenge because SolarCity will need to spend more time and money on the resources required to manufacture these photovoltaic panels instead of buying them from suppliers. Resources such as equipment, raw materials …show more content…
30). New York is also continuing to provide additional subsidies and perks as well. Therefore, the money and resources that Musk needs in expanding manufacturing for SolarCity is up for grabs. With increases in technology for instance, SolarCity will be able to create solar panels more efficiently and effectively. Also, with this new development as many as a thousand jobs could be created just in this region (p. 30). Therefore, Musk will have the human resources needed to get manufacturing of the solar panels up and running, while also benefitting New York in the process, providing a step up in green-energy innovation. Musk has a plan and has set goals for SolarCity to “out-China China,” (p. 30) by manufacturing solar panels themselves with different technology so that costs will actually be lower and the quality of the product will be better. Therefore, lower costs to produce solar panels would also mean lower costs to consumers than in the past, making solar panels more affordable so that consumer demand may also increase. It also helps to have lower costs in manufacturing if the industry loses some of its subsidies in the future (p. 30). Furthermore, Musk hopes that SolarCity-Silevo will make it easier and more cost-efficient for customers to get solar panels installed on their homes (p. 30). Lastly, although it’s a “risky bet for Musk and SolarCity” (p. 30), fossil fuels are a limited resource and the
As a Naval Officer I had the opportunity to experience both leadership and management. Today's Navy operates with fewer people and resources than before. Therefore, leadership and management are more important than ever. Very early in my career I was taught leadership and as I advanced through the ranks I experienced management.
To organize and prioritize the current and future projects in the pipeline in a way that fits into the PMB budget of $5B, and ensures projects that increase sales, growth, and stockholder value are of top priority, whereas projects that are not beneficial are either put on hold or discarded.
consumers will be willing to invest in solar panel services due to the reality that these days individuals are
Considering the international market would open up additional opportunity to expand your target market. The countries that the United States trade the most with still have demand for solar energy.
Within this assignment I will describe my understanding of the links between management and leadership, the skills and styles of management and leadership, the application of management and leadership theories in an organisational context and planning for the development of management and leadership skills.
The first solution would require the brand "To move any existing projects, investments, and stocks in China and relocate to a better, more stable economy in another country (Argentina)”. This would provide Canadian Solar with an idyllic location while providing a stable and increasing stock market such as the Buenos Aires Stock Exchange. However, some negatives of this solution are the loss of relations with Chinese investors and high cost as moving assets around the world will always end up being quite costly. The second solution would need Canadian solar “To terminate any existing assets in China, discontinue them and start off with a clean sheet.” This would allow for new projects and new relations with Chinese investors, nonetheless, it would mean a major loss of progress for the company and loss of some relations because of the termination of projects in China.The third solution would require patience and compel the company “To discontinue the current projects in place, but to keep them in China; do not plan to put in place anymore solar projects; wait for the Chinese government to recover, then resume the projects” This would not only allow for the Canadian solar heritage to remain but also take advantage of the slowly but surely growing solar industry in China. Nevertheless, some problems still remain such as the unstable market, and the growing smog issue which could prevent solar panels from reaching their full and desired
This means that the production of solar panels could possibly give off more pollution than
Management is the process of getting tasks done through the use of people. Through management decisions, our team will have one of the leading coffee shops within the BizCafe simulation. Within the management aspect of the company, we must first look at human capital, which are the skills, values, and overall output of an employee and the price at which these facets are worth. The managers of The Grind must delegate tasks through the serving staff of our company. The servers are the face of The Grind, meaning that it will be the servers who will interact to build strong customer relations with the guests of The Grind. However, there should be an efficient number of servers working on the clock at any given time throughout the day; The Grind should strive to always be properly staffed. If the shop is understaffed, customers will experience longer wait times, rushed customer interactions, and an overall subordinate experience; however, if the shop is overstaffed, each individual employee is most likely to give less production, and more importantly, our shop’s payroll will be out of proportion, meaning we will be spending too much money on labor. Wages also effect overall production from the employees. If we pay our servers too little, compared to the competition, we are likely to see less production, unhappy employees, and a large turnover rate. On the other hand, if we pay our servers too much, we risk blowing our weekly labor cap if our sales do not exceed the
Global climate change has fundamentally transformed the way civilization views the energy of the future. As evidence of the drastic consequences of nonrenewable energy has become more widely accepted, society has embarked on developing innovative solutions to the energy crisis. In areas that experience prolonged periods of sunlight, solar panels have become a sustainable and cost-effective form of renewable energy. The Mojave Desert, located in California and Nevada, has proven to be one of the most promising areas for solar development (The Nature Conservancy). Fortunately, BrightSource Energy has invested $2.2 billion in the construction of a solar farm in the Mojave Desert region (Cart, 2012). The development of solar projects creates a
This not only provides jobs for those who are out of work, but essentially we could be more efficient in our daily lives by going solar. In the Scientific American, two innovators, Jacobsen a civil and environmental engineer at Stanford University along with Mark Delucchi a research scientist at the University of California constructed a plan to get America 100% solar and say it is possible. Not only did they
SolarCity is to dominate the market space by becoming a household name and set the standard of excellence for all solar installation contractors in North America (“SolarCity”, 2012).
The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary challenges for the contemporary manager. A manager is an organizational member who is responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved. According to a widely referenced study by Henry Mintzberg, managers serve three primary roles: interpersonal, informational, and decision-making. Management is process of administrating and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization.
Sunpower Corporation is an American solar energy company which manufactures, designs and deliver high efficiency solar solutions for homes, businesses and utilities by being a global solar energy solutions company and technology leader. Sunpower was founded in 1985 by Dr. Richard Swanson, a professor of electrical engineering at Stanford University and its headquarters situated in San Jose, California, and the Company also operates in Africa, Europe, Asia, Australia, South America and North America. The main goal of the company was to commercialize solar concentrator technology. (Sunpower Corporation, 2016; SRI World Group Inc, 2016; Ellen MacArthur Foundation, 2015)
But I'm coming to believe that all of us are ghosts .... It's not just what we inherit from our mothers or fathers. It's also the shadows of dead ideas and opinions and convictions. They're no longer alive, but they grip us all the same, and hold on to us against our will.
Hogan, M. (2014, June 16). 6 qualities of bad managers that send employees running. Retrieved from http://www.ragan.com/Main/Articles/6_qualities_of_bad_managers_that_send_employees_ru_48433.aspx