New entrants, consolidation of traditional brands and revolutionary innovation, shaped by other industry expectations & experiences are fundamentally redesigning & reinventing the sector.
As a result, traditional concepts are rapidly changing, driven by the convergence of four megatrends; electrification, autonomy, connectivity and the sharing economy, which are individually & collectively revolutionising today’s automotive & manufacturing businesses, inspiring disruption and driving the need for change.
To survive & thrive organisations operating in this sector must reinvent themselves across three core dimensions, in order to compete:
Balancing equal focus across growth, profitability, sustainability and trust.
Understanding customers’ situations, perceptions, and expectations
New Innovative Business Models.
Simultaneously changing the value proposition and underlying operating model.