The automotive industry is currently experiencing the erosion of its cornerstones. Increasing connectivity and aspiring new players on the market are changing rules and business models. This chapter provides an overview of current changes in automotive industry and the resulting organizational challenges for companies working in it. The term systems engineering stands for a holistic way of thinking and approaching challenges that not only applies to engineering but equally to business. Best practices such as interdisciplinary systems thinking, close cooperation with all stakeholders, functional thinking, and consideration of the complete system life cycle enable the holistic analysis of global value chains so that business approaches can be optimized.
Organizational Challenges in Automotive Development
Powertrain
2021-02-25
24 pages
Article/Chapter (Book)
Electronic Resource
English
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