The pace of change in the automotive sector is rapidly increasing, and we are witnessing accelerating technological transformation and changing consumer tastes and demands, resulting in an industry that bears little resemblance to the reality from a decade or two ago.
Already on the world's roads are vehicles that directly consume no petroleum-based fuel, that can navigate busy city streets without human intervention, and that serve not just a single owner but hundreds or thousands of ride-sharers.
In our experience, the current challenges facing the automotive industry include:
- Supply chain disruptions and the semiconductor shortage
- Upskilling EV technicians and the switch to electric vehicles
- Changing societal trends, with many people seeking alternatives to their everyday car use
In order to succeed in this rapidly changing landscape, automotive organisations need to combine tactical short-term actions with long-term initiatives that tie to a larger strategic vision, such as partnering with tech companies to deliver customer-centric digital services.
The themes we are picking up from working with OEMs and other players in the automotive industry include the following:
- Building capability for more effective, focused conversations to support problem-solving and innovation ('dialogue for change')
- Making hybrid working more effectively across the organisation
- Leadership agility in the face of uncertainty (including empowering people through a coaching approach)
- The critical role of diversity to the future of organisations
We are experts in creating agents of change, cultures of innovation, and leaders who thrive when confronted with ambiguity. We have created unique development solutions to suit the needs of our automotive client portfolio, which includes Carview, Jaguar Land Rover, Goodyear Dunlop, and Faurecia.