Wed May 09, 2018 7:54 pm
#1610793
Threat is of new entrants from China etc. alongside tech companies. History is full of companies that struggled to keep up when their skills and investment were locked into a technology and they tried to stretch the glide for too long and didn't respond quickly and early enough to change and/or tried to protect their legacy investments for too long.
It's not just about the investment in plant and machinery to make ICEs, but also the culture and assumptions of the company across the board. Dealership culture seems to be focussed on legacy customers, tech. and methods. The sales people in the dealership need to be excited and they need to reflect their excitement in every customer encounter.
A lot of jobs and industries are at risk. Some jobs may not exist in the future at all. Trick is to recognise the trends and start up or change at the right time. Miners and cotton mill workers don't have a monopoly on losing their jobs and industry.
It's not just about the investment in plant and machinery to make ICEs, but also the culture and assumptions of the company across the board. Dealership culture seems to be focussed on legacy customers, tech. and methods. The sales people in the dealership need to be excited and they need to reflect their excitement in every customer encounter.
A lot of jobs and industries are at risk. Some jobs may not exist in the future at all. Trick is to recognise the trends and start up or change at the right time. Miners and cotton mill workers don't have a monopoly on losing their jobs and industry.
karlbown liked this