As businesses innovate their business models, strategies and management practices, they improve their chances to manage the turbulence caused by digital disruption in their operating revenues. The business ecosystem is getting democratised with the digital play, opening the playground to multiple players across industries. Decision making that impacts the core of the company will be the key to address such dynamics and will help re-establish businesses.
Let’s explore factors that are enabling companies to shape successful digital strategies for the future
Multiple business are seeing data and digital as one of their core strategic pillars
The key is not to build quickly and fail but to prioritise data before intuition and then execute quickly
While you assemble the required tactics to escalate; customer type, management style and fast-response teams will substantially differ from your current stance, which are quintessential for you to uphold.
In the initial phase of a startup, before any sales could happen, the company must prove that a market could exist.
It’s not only about changing times but also about changing expectations.
Electric vehicle ecosystem, integrated with shared and connected mobility, will not be a substitute but an alternative to existing forms of mobility.
Though Chinese automobile manufacturers may not have had exemplary reach in the 1990s, but they will become a monopolistic player as the world embraces future mobility.
How rupee dollar exchange rates and crude oil price variance affects the growth of Indian automobile industry.
Value innovation focused on environmental feasibility is India’s only way ahead.
Every government and automotive player knows that the mobility environment will transform. But the one who positions itself in the national and international supply chain ecosystem quickly will reap a good harvest.
New mobility services will be the new segment that will attract a major share of value generation in a dealership
Switching to electric vehicles could save india $60 billion in fuel costs while cutting down 1 gigatonne of carbon emissions. This could help india be among the global leaders in technology and skill development.
With conscientious efforts, India can have a big impact on the global auto component manufacturing market
Mobility, in future, will be seen not only as a transporter of people and goods but also as a service