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.
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Product/technology Innovation
This is the area we currently think of in terms of innovation
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Business Model Innovation
Will we own cars or will we sell mobility?
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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?
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Organisational Innovation
How can organisations quickly identify and develop the good ideas?
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Network and Platform Innovation
How do cars become a platform for a multitude of services in the same way that mobile phones now are?
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Cost Innovation
How do we effectively cost products going forwards?
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Relationships Innovation
How can we co-create? How can we have strong trusted relationships and openly share innovative ideas?
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