Topic > Comparison between General Motors and Tesla in terms of management functions by Fayol

Our world is made of competition and company managers seek and apply strategies to increase their turnover (Tobak 2014). The organization we will study is General Motors, which went out of business due to business failure, and Tesla, one of the most valuable automakers in the world. These car brands are very famous all over the world, one was successful and the other failed due to mismanagement. To solve these management problems, Fayol created four management functions which are: planning, leading, organizing and controlling. This essay will reveal that the top managers of General Motors have unsuccessfully used the four functions against Tesla which succeeds due to those functions. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Planning is researching what to do, how to do it, what will be done, and how it will be done. Tesla with its CEO, identified and adopted different strategies to exploit consumer demand, identified how to convince consumers to purchase their different car models (Musk 2006). The planning function is highlighted by Tesla, unlike GM which failed because GM, one of the largest brands in the US previously, did not analyze the market resulting in bankruptcy. Everyone in a society wants to have the same goal to be successful. Organizing is about bringing together resources: the human, physical, financial resources and information that the company needs to organize tasks for good management. Tesla was benefited by its leader Elon Musk who created a proper structure to organize all the work to facilitate the workers (Meyer 2018). Mary Barra took the least responsibility and it affected the company, instead of expanding the business she did the opposite, which consumers didn't like. A manager must be critical; should have a clear vision and should be there for them at all times; Leadership is about communication, goals and actions taken by the leader. Elon Musk, co-founder and CEO of Tesla Motors, had a correct vision on how to lead his team, how to pursue with his team. The CEO of GM thought differently, did not follow the rules adopted before, and allowed himself to be overtaken by the competition. Controlling shows us how to stay in contact with the team, how to monitor the progress of the current project and verify its correct functioning of the organization. Tesla had a goal and pursued it, challenging himself to achieve it. GM didn't really care about how to control the organization. GM's goal was totally different than Tesla's. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Fayol's four management functions are important to properly manage a company, as they allow a manager to plan, guide, organize and control all the actions carried out by the team of workers. Tesla is a big car brand that is involving nowadays, and GM failed due to a big management problem.