Joint Global Automotive Study

Vision!

Coping with unfamiliar ground

Mindset
first!

Transformational work begins from within

Imagine!

There is no golden digitalization route: be open for different speeds, create visions and think in ecosystems

Dream!

Build bridges between the traditional automotive world and new digital players to create new network families

Selecting the right route for organizational change

The industry is in high energy-mode: Change activities are noticeable and numerous – everyone has started to do something, but without a clear idea or a perception of where they’re going, with a high level of uncertainty and with no holistic approach. This can be clearly seen when it comes to the discussions and opinions on the CDO topic.

Entering a new digital era
The automotive industry’s success is built on well-established processes and structures. But with digitalization coming from an external orbit, companies are required to re-think their business model along with their firmly established processes, structures and technologies. They must also sharpen their focus on the mind-shift around culture, leadership and the organization. In this context, automotive companies can learn from the approach that tech companies have taken – creating visions for customers and thinking in ecosystems, networks and collaborations. Read more about the secret behind creating diverse network families in the following chapter.
Shaping companies for Digital Gravity
The majority is currently in favor of adopting a uniform digitalization strategy in their company. However, the complexity of digitalization demands much broader orientation from companies. To achieve this, organizations must be open to taking a fresh approach to digitalization and tolerate different rates of implementation.
Digital roadmap for your organization
Digital transformation is heavily affecting organizational change, culture and leadership models within the automotive industry. While the industry is highly aware of these necessary changes and is undergoing self-reflection, it is not yet in the mode of the substantial mindset shift that is needed for closer exposure to Digital Gravity.
Executive summary & lessons learned
The automotive industry has enjoyed huge success. But their well-established processes and structures are beginning to change. The force behind this is digitalization.

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