Having attended a variety of events during the last 6 months where UK automotive industry experts have discussed changes to the industry we thought a quick overview of the areas of automotive innovation may be of interest.
This is the area we currently think of in terms of innovation
Business Model Innovation
Will we own cars or will we sell mobility?
Human Capital and Skills Innovation
Will we move towards more open innovation as opposed to hiring the people with the knowledge in the traditional fashion?
How can organisations quickly identify and develop the good ideas?
Network and Platform Innovation
How do cars become a platform for a multitude of services in the same way that mobile phones now are?
How do we effectively cost products going forwards?
How can we co-create? How can we have strong trusted relationships and openly share innovative ideas?