Imagine how things could change if there were a real effort to reduce the cost of management.... Perhaps we could outsource these multimillion dollar positions to India or Pakistan where they could do the same jobs for pennies on $10.
Can you purchase a car in a reasonable manner with the features YOU want? Assuredly NOT. One must purchase opetion "packages" even though you may only one one of the options. How many other unwanted options will a diabetic need to purchase along with the on-board glucose monitor?
Does anyone feel they get value from the dealership from which they purchase the vehicle? There's an opportunity here for a smart automobile manufacturer.
Leave the internal options to be added by the dealership, making them add some real value. Use standard interfaces (like USB ports, or Firewire, or something similar) for easy installation. Let the consumer pick what they want.
It's time to see something truly different come from the auto industry. Henry Ford brought assembly line mass production to the industry; it's time to meld that with the ability to provide customization.
I think it's still possible to achieve competitive advantage even with the partnership model. You saw (and still see) a lot of this in the IT industry (they used to refer to it as co-opetiion). Sure, there were varying degrees of success and there were casualties along the way, but some of the controversial partnerships (IBM/Microsoft) were what was needed to get the PC industry off the ground. Perhaps the same situation applies here.
Seems to me this is just a new, financially prudent version of what the big car makers used to do when they wanted to get into new platforms or markets -- they'd acquire it. (Like GM did w Saab etc.) So now there's no cash for acquistions, so they partner instead. And of course this raises the big question: How does a car maker maintain a lead/proprietary technology if everyone's partnering with everyone else. The end course of that road map is every car becomes a commodity. In which case, ultimately, the Chinese (one day will) win.
The 100% solar-powered airplane Solar Impulse 2 is prepping for its upcoming flight, becoming the first plane to fly around the world without using fuel. It's able to do so because of above-average performance by all of the technologies that go into it, especially materials.
With major product releases coming from big names like Sony, Microsoft, and Samsung, and big investments by companies like Facebook, 2015 could be the year that virtual reality (VR) and augmented reality (AR) finally pop. Here's take a look back at some of the technologies that got us here (for better and worse).
Good engineering designs are those that work in the real world; bad designs are those that don’t. If we agree to set our egos aside and let the real world be our guide, we can resolve nearly any disagreement.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.