A company planning and strategizing for the future

Imagine your company is planning and strategizing for the future and that the executive team has asked you to brief them on the state of the risks and opportunities in the industry. Your analysis will help the top executives create a comprehensive strategic plan that includes risks and opportunities that could impact employees and other stakeholders.

Specifically, you must address the following rubric criteria:

Potential Impact: Identify the legal, safety, environmental, and financial risks.
As you evaluate your selected company, what are some of the legal, safety, environmental, and financial risks the company may face based on your analysis?
Public Relations and Trends: Describe the influence of society, culture, politics, health, safety, and security.
For your selected company, what influences may society, culture, politics, health, safety, or security have on the company as it develops policy and publicized communications?
Employment Laws: Identify the applicable federal laws and acts.
After you review the Summary of the Major Laws of the Department of Labor, select any federal or state employment laws or acts that influence the company. How do they affect the company?
Global Market: Describe challenges in the global market that businesses face when identifying risk for forecasting.
Review and research your chosen company and identify what risks they may encounter in the global marketplace.

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Sample Answer

 

 

 

 

 

Potential Impact: Legal, Safety, Environmental, and Financial Risks

Legal Risks

  • Autonomous vehicle regulations – Tesla faces lawsuits over Autopilot malfunctions (e.g., 2021 wrongful death suit).
  • Labor violations – Allegations of anti-union tactics (NLRB complaints).
  • Example: Potential billions in fines if found violating consumer protection laws.

Safety Risks

  • Battery fires – Tesla vehicles have had recalls due to fire risks (e.g., 2020 Model S recall).
  • Workplace accidents – High injury rates in Gigafactories (OSHA investigations).
  • Example: A single factory accident could halt production for weeks.

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Environmental Risks

  • Battery disposalLithium mining and e-waste concerns.
  • Carbon footprint – Despite EV focus, manufacturing emissions remain high.
  • Example: Fines for hazardous waste violations (e.g., 2022 EPA penalty).

Financial Risks

  • Supply chain disruptionsChip shortages reducing output.
  • Cybersecurity breachesRansomware attacks on manufacturing systems.
  • Example: $1.5B loss in 2022 due to production delays.

2. Public Relations and Trends: Societal, Cultural, Political, and Security Influences

Societal & Cultural Trends

  • Growing demand for EVsEnvironmental awareness boosts Tesla’s brand.
  • Backlash against Elon MuskControversial tweets affecting stock prices.
  • Example: Boycotts after Musk’s Twitter acquisition (2022).

Political & Regulatory Shifts

  • Subsidies for EVsTax credits drive demand (e.g., U.S. Inflation Reduction Act).
  • Trade policiesTariffs on Chinese batteries increasing costs.
  • Example: 2024 EU ban on new ICE vehicles benefiting Tesla.

Health & Safety Concerns

  • Workplace mental healthHigh-pressure culture leading to burnout.
  • Public safetyAutopilot crashes raising regulatory scrutiny.
  • Example: 2023 NHTSA investigation into Autopilot safety.

Security Threats

  • CyberattacksHacking of vehicle systems (e.g., 2021 ransomware attack).
  • ProtestsEnvironmental groups targeting factories.
  • Example: 2022 factory protest over water usage.

3. Applicable Federal Employment Laws

Law/Act
Impact on Tesla
Fair Labor Standards Act (FLSA)
Ensures overtime pay; Tesla faced wage theft lawsuits.
Occupational Safety and Health Act (OSHA)
Gigafactory inspections after worker injuries.
National Labor Relations Act (NLRA)
Unionization efforts (e.g., 2023 Texas plant vote).
Americans with Disabilities Act (ADA)
Requires factory accommodations for disabled workers.

State Laws:

  • California’s CCPA – Data privacy compliance for customer information.

4. Global Market Challenges

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