Failure in the Automotive Industry – The Principal Explanation
The US automotive industry suffered a fatal blow. But any individual who claims that the industry’s demise is usually linked to a single root-cause of failure is sadly mistaken. I spent a higher portion of 10 years inside that industry a lot of which is an executive or managerial role.
However, there is no silver bullet that triggered the fall. I say regrettably due to the fact a single lead to failure may be prevented inside the future. In this case, the blame may be placed only on the system as a whole producing it hard to guard against a repeat occurrence.
What the automotive industry suffered was a catastrophic failure brought on by several points of failure. We’re talking systemic failure in its truest form. As an insider within the industry, I can personally attest to several of the actions (or lack thereof) that pushed the industry to a …
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