Please read the
following scenario and then answer the questions listed in the end.
Make sure to write in APA format. This means a title and reference page.
Write the response to the questions in an essay format. This means a
paragraph format. Do not number to your responses, A “Title” and
“Reference page is required. At least one resource has to be used for
this assignment.
At
Tesla, the automotive giant, the standards are set extremely high for
their employees. In 2017, Tesla conducted its annual performance reviews
as it does each year. Due to the review process, the company sees both
voluntary and involuntary departures. During the review process, the
managers discuss “results that were achieved, as well as how those
results were achieved” with their employees.* Tesla also has a
performance recognition and compensation program that includes equity
rewards as well as promotions in some cases, along with the constructive
feedback.
The
departure of employees during the review period is not unique to Tesla;
however, in 2017 there was a large exodus of approximately 700
employees following their employee reviews. Elon Musk, who recently has
stepped down from the role of chairman and has been under scrutiny for
his behavior,* saw the media coverage of this news as “ridiculous.”
“You
have two boxes of equal ability, and one’s much smaller, the big guy’s
going to crush the little guy, obviously,” states Musk. “So, the little
guy better have a heck of a lot more skill or he’s going to get
clobbered. So that is why our standards are high . . . if they’re not
high, we will die.”
Overall,
approximately 17 percent of their employees were promoted, almost half
in manufacturing. As Tesla continues to grow and develop new vehicles,
it is consistently pushing the boundaries and pushing its employees to
new limits. Performance reviews are of the highest importance for
Tesla’s business to succeed; the company needs the best people with the
best skills. It is constantly growing and attempting to “suck the labor
pool dry” to fill positions at many of its locations and factories.
Questions:
What factors do you feel could have changed in Tesla’s approach to its performance reviews?
How can a high-pressure environment affect an employee’s performance? What factors should be considered to combat these issues?
