Auto Industry News & Foresight

Why Culture is Key: The 2011 Global Innovation 1000
by Barry Jaruzelski, John Loehr, and Richard Holman
Our seventh annual study of the world's 1,000 largest corporate R&D spenders focuses on the ways strategic alignment and corporate culture facilitate innovation. We show that companies whose innovation strategy is tightly aligned with overall corporate strategy, and whose culture supports innovation, have better innovation results and stronger financial performance. As in years past, we also conducted a comprehensive trend analysis of global R&D spending: spending rose 9.3 percent in 2010, returning to its long-term trajectory after 2009's recession-induced decline.read more >

Click here to view a video highlighting the findings of this year's Global Innovation 1000 study >

The Secrets to Successful Strategy Execution

The Secrets to Strategy Execution: The Idea in Practice
by Gary Neilson, Karla Martin, and Elizabeth Powers
In the new Harvard Business Review Idea in Practice article, "How an Industrial Goods Company Overcame Its Weak Execution Culture," a team of Booz & Company consultants describes how any company can better execute its strategy without making costly, disruptive changes to its organizational structure. Using the story of a highly successful global company we'll call Canson Industrial Goods, we illustrate how you can uncover serious obstaclespreventing your company from meeting its goals, how to change decision rights, and how to improve the flow of information to effectively implement your strategy. Please visit our OrgDNAProfiler® at www.booz.com/orgdna to learn more about the four pairs of elements that determine an organization's effectiveness.read more >

Automotive Industry Perspectives for 2012

2012 Automotive Industry Perspective
by Scott Corwin, Jan Miecznikowski, Mike Beck, Evan Hirsh, and Brian Collie
For U.S. automakers and suppliers, 2011 can best be described as 12 months of mixed results, leaving unanswered questions about the future direction of the industry and what is required for manufacturers and suppliers to thrive.read more >

2011 U.S. Automotive Survey: Is the U.S. Auto Industry Ready for Economic Recovery?
by Scott Corwin, Brian Collie, and Patrick Mulcahy
A team at Booz & Company conducted an online survey to calibrate the attitudes and prospects of the U.S. automobile industry in January and February of 2011. Participants represented more than 40 leading automobile manufacturers and suppliers, and included more than 200 executives, with 25% at the C-suite or Executive Vice President level. More than 70% of the companies represented were North American, while 15% were Asian and 12% were European.read more >