LUGAY, Xandrei Stephen

MAGNO, Mikko R.
MALAGONIO, Howell Jon R.
1. Based on the top innovative companies site, choose one enterprise (Note: One company for a
group of 4 team members only)
2. Identify the innovation or innovative strategies of the chosen company (Group output).

Name of Innovative Company with TESLA

Logo

Indicate Basis of Ranking and Rank 11

Rank number The Most Innovative Companies Of 2020 According To
BCG (forbes.com)
Vision and Mission Vision is to “create the most compelling car company of
the 21st century by driving the world’s transition to electric
vehicles.”
Mission is “to accelerate the advent of sustainable transport
by bringing compelling mass-market electric cars to market
as soon as possible.”

Enumerate the reasons for Perspective

Innovation by identifying the
following - Technology based company that leads Electric car
production in the world. Tesla wants to create a product
a. Landscape/Perspective that can change the world by being dependent on electricity
and emission. Tesla’s electric car is very eco-friendly. This
b. Type(s) of Innovation car does not produce smoke that comes from exhaust that
usually brings pollution to the environment.It will be better
to use this transportation because it lessens the gas
consumption and pollutants. Continued production of
accessible and affordable products to consumers will
rapidly increase the clean transportation and energy in the
society. The faster society lessens the use of pollutants and
adapts to emission the better the future.
3. List and describe the productivity measure of the chosen company in relation to its innovation
(Group output).
Type of Innovation
Technological Innovation
Entrepreneurial Innovation
Productivity Measurement Explanation
used
Stage 1 Unleashed the potential use of
AI.
Tesla is successful on their
electric cars because the
vehicle can also be driven by
AI and it was proven that AI
can drive the car safely and
successfully.
Stage 2 and 3 Combination of high level in-
car hardware and software
integration. Modernized
materials.