Harvard Business Review

MAY 22, 2018

Many mature industries are experiencing significant technological disruption. Leaders in every industry are no doubt keeping a vigilant eye on such developments, yet one very important aspect of this disruption has been largely overlooked: technology fundamentally changes what makes your brand premium. JEWEL SAMAD/Staff/Getty Images.

Automotive 8

Automotive Brand Technology White Paper 8

Strategy Driven

APRIL 3, 2020

Of course, the truth is that company cars raise brand awareness and generate leads without being overly expensive in terms of upfront costs. It’s not hard to see why when it eliminates the average costs that are included with owning a car outside of the office. Hidden Costs. The changes in the automotive industry are massive.

Automotive 68

Automotive Short-term Brand Self-aware 68

The Horizons Tracker

SEPTEMBER 25, 2019

The data shows that, as in other countries, robots first made an appearance in sectors such as electronics and automotive, with this growth underpinning tremendous growth in both sectors. At a firm level, this government backing and the rising cost and availability of labor have factored heavily in the investment decisions of firms.

Automotive 73

Automotive Banking Industry Information Technology 73

The Horizons Tracker

JUNE 27, 2019

As autonomous technologies have become a growing feature of the modern car, there has been understandable interest in just how effective these features are at reducing traffic congestion. It found that not only does cruise control technology not help prevent phantom traffic jams, but it’s actually worse than humans at causing them.

Cooper 68

Cooper Automotive System Software 68

Change Starts Here

NOVEMBER 12, 2014

About twenty years ago, I was an engineering co-op student at Delco Electronics (now Delphi), an automotive electronics company that at the time was a subsidiary of General Motors. One summer, the company put on a Technology Expo to show off all the futuristic technology they were developing. Make Value Greater Than Cost.

Early Adopters 92

Early Adopters Automotive Technology Cost 92

The Horizons Tracker

FEBRUARY 22, 2022

That we’re still largely waiting for such an immersive world to take hold, despite much-hyped initiatives, such as Second Life, perhaps underlines the difficulties the technology has had in keeping pace with such a vision. Digital twins. It’s a market that is already worth $3.1

Stephenson 88

Stephenson Wireless Christensen Automotive 88

Skip Prichard

JULY 22, 2019

Whether you have invented an amazing new technology or product, you could still fail. In contrast, Musk cares about customer needs as well but only at a high level; he picks what he perceives as big important needs that haven’t been met because of technology constraints and is more of a “technology first” innovator.

Innovation 83

Innovation Social Capital Reputation How To 83

Tim Milburn

OCTOBER 2, 2013

Indeed, a diligent commitment to improving their already powerful position is what makes the Japanese a formidable competitor in the electronic and automotive industries. Now, Xerox is reviving its copying business by focusing on the value added by advanced technologies and color copying. PERSEVERANCE.

Waterman 140

Waterman Automotive Learning-by-Doing Industry 140

Harvard Business Review

MAY 8, 2015

Think through the implications of these technologies, however, and an even more startling vision emerges: the future will look more like the past. Today, information and communications technologies remove the need for such proxies. Helping to effect this reversal are any number of new technologies. We mainly work at home.

Technology 8

Technology Retail Transportation Construction 8

Harvard Business Review

APRIL 11, 2017

Given how central automotive transportation is to our cities, commerce, and daily lives, saying that AI will change life as we know it is no understatement. By eliminating the driver altogether, businesses could slash costs by as much as 60%, depending on the industry. Where and When the Technology Might Be Deployed.

Automotive 8

Automotive Transportation Health Care Maturity 8

Harvard Business Review

JUNE 16, 2015

Why did an observed technology boom coincide with a prolonged slump in the productivity data? As many economists have noted, productivity figure are often quite difficult to calculate in new technology categories, and could be larger or smaller than official estimates. Strangely, it took another seven years for U.S.

Productivity 8

Productivity Products Cost GDP 8

Strategy Driven

OCTOBER 12, 2017

They will see this as a time of technological revolution where science fiction met with science fact. A lot of the technologies themselves have been around, in some form or another for decades but through generations of refinement and repurposing, we are now witnesses to the emergence of technologies that will change the world.

Technology 50

Technology Retail Industry Automotive 50

Harvard Business Review

JANUARY 18, 2018

It seems beyond debate: Technology is going to replace jobs, or, more precisely, the people holding those jobs. Recently, space and automotive titan Elon Musk said the machine-over-mankind threat was humanity’s “biggest existential threat.” Integrating New Technology Is About Emotions. Juj Winn/Getty Images.

Creativity 14

Creativity Strategy Venture Capitalist McKinsey 14

Harvard Business Review

MAY 4, 2018

” In the automotive industry, we see the same thing: the best quality is associated with the greatest speed. This is why parts and processes developed for race cars are later used in leisure vehicles: “ the automotive industry has always relied upon motorsports-borne technology [i.e.,

Automotive 11

Automotive Quality Productivity Products 11

Harvard Business Review

JUNE 27, 2016

Some organizations are already deploying elements of process change automation, while others are developing technologies that lay the foundation for it. But how can processes adapt to enable cost-effective customization? Automated process change offers one way to help remove some factors that lead to time and cost overruns.

Process 8

Process Automotive Chief Technology Officer Supply Chain 8

Harvard Business Review

AUGUST 27, 2015

The automotive industry has opened up again. But what’s more likely is that in order to take full advantage of this new technology, everything will have to change. But what happens when the technology is good enough that accidents can be avoided entirely? With Apple’s entry, it’s clear.

Automotive 8

Automotive Transportation Brand Efficiency 8

Harvard Business Review

JUNE 4, 2014

manufacturing industries, including aerospace and defense equipment, chemicals, industrial components, automotive equipment, and electronics. But this is essentially a rebalancing after many years in which manufacturing shifted overwhelmingly to lower-cost nations such as China. To help remedy this, L.E.K. Thanks to the boom in U.S.

Chemicals 8

Chemicals Automotive Supply Chain Offshoring 8

Eric Jacobson

SEPTEMBER 18, 2013

Indeed, a diligent commitment to improving their already powerful position is what makes the Japanese a formidable competitor in the electronic and automotive industries. Now, Xerox is reviving its copying business by focusing on the value added by advanced technologies and color copying.

Waterman 55

Waterman Follow-up Automotive Learning-by-Doing 55

Harvard Business Review

APRIL 19, 2016

Carmakers have started using 3D technology to produce parts. Imagine the changes afoot in the pharmaceutical, medical device, automotive, and consumer electronics industries. The technology is expected to lead to reductions in the cost of employment, capital investment, shipping and inventory as well.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Harvard Business Review

JUNE 17, 2014

Shortly after, BMW and Nissan announced that they wanted to cooperate with Tesla on technology and standards. Tesla has challenged the automotive business model on other occasions: it disintermediated car dealerships and then adopted a switching station model. It also hopes to market some of its technology to other players.

Supply Chain 8

Supply Chain Disintermediation Cooper Business Model 8

Harvard Business Review

JUNE 15, 2015

Robots have been doing tough jobs for over half a century, mostly in the automotive sector, but they’ve probably had a bigger impact in Hollywood movies than on factory floors. Some of them are no longer bolted to the factory floor, and they’re moving beyond automotive manufacturing. labor costs have risen 80%.

Automotive 8

Automotive Operations Engineering System 8

Harvard Business Review

OCTOBER 31, 2012

While Blue Sky is an SOE, I think they really want to differentiate themselves, and they're willing to use a lot of our technology.". The only person not applauding was Wang Xiguo, the engineer who had led the development of Prime's power train technology. The workers standing near him applauded. But we play in the real world.

Case Study 8

Case Study Technology Tacit Knowledge Engineering 8

Harvard Business Review

AUGUST 18, 2016

Over the past five years, Apple and Google have made significant moves in the automotive, healthcare, media, and smart home markets, among many others. They have expanded far beyond the “Information Technology” tag attached to them by GICS. Technology Creators generate and deliver intellectual property (software and data).

Industry 8

Industry Company Business Model Information Technology 8

Harvard Business Review

JULY 29, 2015

The five largest automotive companies in the world generate more than 750 billion euro in annual revenue. Information technology, however, is one of those industries. Huge vendors of cloud transportation — just like their counterparts in IT — have every incentive to optimize their fleets against cost per mile driven.

Industry 8

Industry Transportation Automotive Software 8

Harvard Business Review

JULY 1, 2014

In a June 12 th blog post that made instant waves, Elon Musk, founder and CEO of electric vehicle (EV) manufacturer Tesla Motors, declared: “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.” Why would the leading company in EVs voluntarily open up its technology to competitors? “Our

Automotive 8

Automotive Industry Disruptive Innovation Open-book 8

Harvard Business Review

OCTOBER 1, 2014

It cost $74 million; NASA’s Maven Mars mission cost 10 times as much. ISRO used indigenous components and technologies that are far cheaper than foreign imports. Indian engineers cost less, for sure. Compare that with the complexity in the payload in Maven and that will explain a lot about the cost. Remarked Prof.

Innovation 8

Innovation Constraint Engineering Automotive 8

Harvard Business Review

NOVEMBER 23, 2011

While some affected industries are fighting the changes , the automotive industry actually appears to be encouraging the disruption. Users find that carsharing can satisfy their mobility needs without the hassle and at a fraction of the cost of owning a car. OEMs realize that they can't force a consumer to buy a car.

Industry 14

Industry Automotive Real Estate Trends 14

Harvard Business Review

DECEMBER 31, 2012

The automotive industry is a useful analogy, for both safety and enjoyment. Both the automotive industry and the government can pat themselves on the back for increasing automotive safety through innovation (seat belts, air bags, anti-lock brakes, lane departure sensors) and sound regulation (seat belt requirements, age restrictions, etc.)

Industry 8

Industry Insurance Automotive Cost 8

Harvard Business Review

JULY 2, 2012

He was impressed by Indian engineers' ability to innovate cost-effectively and quickly under severe resource constraints. In today's resource-constrained environment, Western firms are feeling the growing pressure to " do more with less " — that is, deliver more value to customers at less cost.

CEO 15

CEO Innovation Constraint Engineering 15

Harvard Business Review

SEPTEMBER 29, 2015

This sustained and sophisticated software scam suggests truly pathological levels of managerial desperation and contempt: desperation around a failed promise of clean diesel technology and unsubtle contempt for unsuspecting regulators and customers alike. Precisely how gullible did these wizards of Wolfsburg think people would be?

Due Diligence 8

Due Diligence Automotive NGO Incentives 8

Harvard Business Review

MARCH 28, 2014

The theory of disruption explains why incumbent businesses – with high fixed cost infrastructures and embedded beliefs about what the market wants – fail to adopt business models that lower the cost of their services and drive product accessibility to entirely new sets of users. Disruptive innovation Technology'

Disruptive Innovation 8

Disruptive Innovation Automotive Software Fixed Costs 8

Harvard Business Review

NOVEMBER 23, 2016

Harnessing the power of machine learning and other technologies. As workforces hollow out, the remaining employees will be highly specialized and experienced business/technology hybrids—a new breed of professional who can work in highly distributed environments and shift from managing people to managing experiences and technology.

Early Adopters 8

Early Adopters Short-term Long-term Compliance 8

Harvard Business Review

NOVEMBER 5, 2018

What are the costs and benefits of self-disruption at that uncertain stage? We studied the sector for three years and came up with some very interesting findings about the “adjustment costs” that companies incur when they disrupt themselves. These are rarely studied questions. A rare natural experiment.

Company 8

Company Disruptive Innovation Decentralization Software 8

Harvard Business Review

JULY 2, 2015

But, as Elon Musk surely understands, it is not always the best technology that wins the innovation race. Rather, it’s often the one that best fits with existing dominant technologies, so that the success of the two becomes interrelated. Powerwall therefore has all the characteristics needed to succeed in this market.

Price 8

Price Energy Technology Automotive 8

Harvard Business Review

MAY 14, 2013

Just as America''s visa rules enabled the rapid growth of India''s information-technology companies over the last two decades, the Obama Administration''s recent drive to reform immigration regulations could prove to be a turning point for them. In the same way, India''s information technology giants must bite the bullet today.

Offshoring 8

Offshoring Information Technology Automotive Technology 8

Harvard Business Review

MARCH 9, 2011

Engineers are no longer design experts; they are mediators who structure and enable design interactions between imaginative customers and innovative suppliers of technologies and systems. The development of those tools—we call them engagement platforms—represents a major opportunity for product companies and technology developers.

Engineering 14

Engineering Automotive Technology Objective 14

Harvard Business Review

MARCH 26, 2012

This was the case at Harman , which had achieved extraordinary success in the high-end automotive infotainment systems for luxury cars. Rich countries are the most technologically advanced. We should be able to meet their needs with cheap products based on older technology. Worse, we risk cannibalizing our premium offerings.

Chief Technology Officer 12

Chief Technology Officer CTO Constraint Engineering 12