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Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption

Year 2021, Volume: 5 Issue: 3, 281 - 288, 30.09.2021
https://doi.org/10.30939/ijastech..955551

Abstract

Agility and digital trends go hand in hand, but the advantages of digitalization perform a high pressure on the established automotive companies. For years now, automotive groups have no longer been innovation drivers in the industry. This status is reserved for radical companies like Tesla. But is there any chance that conservative companies will reinvent themselves, establish leaner structures and thus regain market dominance and innovation?

References

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Year 2021, Volume: 5 Issue: 3, 281 - 288, 30.09.2021
https://doi.org/10.30939/ijastech..955551

Abstract

References

  • [1] Ajupov, A. A., Kurilova, A. A. & Ivanov, D. U., 2015. Formation of Financial Planning for the Automotive Indus-try. Mediterranean Journal of Social Sciences, pp. 40 - 44.
  • [2] Andreessen, M., 2011. WSJ. [Online] Available at: https://www.wsj.com/articles/SB10001424053111903480904576512250915629460
  • [3] Anon., 2019. Apple CarPlay in BMWs. Automotive News, p. 35.
  • [4] Barbour, O. & John, L., 2019. Embracing Solutions-Driven Innovation to Address Institutional Voids. California Management Review, pp. 31 - 52.
  • [5] Beck, K. et al., 2001. Agile Manifesto. [Online] Available at: https://agilemanifesto.org/
  • [6] Bourne, L. & Walter, D. H. T., 2004. Advancing project management in learning organizations. The Learning Organization, Issue 11, pp. 226 - 243.
  • [7] Brown, J. L. & Agnew, N. M., 1982. Corporate agility. Business Horizons, pp. 29 - 33.
  • [8] Carson, B., 2019. Uber's Secret Gold Mine. Forbes, pp. 32 - 34.
  • [9] Deshpande, A. S., Filson, L. E., Salem, O. M. & Miller, R. A., 2012. Lean Techniques in the Management of the De-sign of an Industrial Project. Journal of Management in Engineering, pp. 221 - 223.
  • [10] Eversheim, W., 2013. Prozeßorientierte Unternehmensorganisation. 2 Hrsg. Berlin: Springer-Verlag.
  • [11] Griffin, C. E., 1925. Wholesale organization in the auto-mobile industry. Harvard Business Review, pp. 424 - 435.
  • [12] Helft, M., Ohnsman, A. & Solomon, B., 2016. Uber's bold move. Forbes, pp. 58 - 74.
  • [13] Hopp, W. J., 2018. Positive lean: merging the science of efficiency with the psychology of work. International Journal of Production Research, pp. 398 - 413.
  • [14] Kuther, T., 2019. next-mobility news. [Online] Available at: https://www.next-mobility.news/die-wichtigsten-trends-in-der-automobilindustrie-im-jahr-2019-a-816853/
  • [15] Münster, G. & Vestin, U., 2012. Improving product flows in order to reduce order-to-delivery lead times. [Online] Available at: https://pdfs.semanticscholar.org/4dca/350b34b2f86f2a574b5753a70ee6fae70c3e.pdf
  • [16] Martin, K. & Osterling, M., 2013. Value Stream Mapping. 2 Hrsg. New York: McGraw-Hill Education.
  • [17] McNally, J. S., 2017. Zero-Based Budgeting. Pennsylvania CPA Journal, pp. 37 - 42.
  • [18] Murgia, M., 2016. Britain leads the world in putting driv-erless vehicles on the roads. [Online] Available at: https://www.telegraph.co.uk/technology/2016/04/10/britain-is-head-and-shoulders-above-rivals-in-putting-driverless/
  • [19] Pöttering, H. G. & Nečas, P., 2018. Die EU-Verordnungen zur Verminderung der CO2-Emissionen von Personenkraftwagen und leichten Nutzfahrzeugen. [Online] Available at: https://www.bmu.de/gesetz/die-eu-verordnungen-zur-verminderung-der-co2-emissionen-von-personenkraftwagen-und-leicht/
  • [20] Preußig, J., 2018. Agiles Projektmanagement: Scrum, Use Cases, Task Boards & Co.. 2. Auflage Hrsg. Freiburg: Haufe Lexware GmbH.
  • [21] Provost, F. & Fawcett, T., 2013. Data science and its relationship to big data and data-driven decision making. Big Data, 03, pp. 51 - 59.
  • [22] Reinertsen, D., 1997. Managing the Design Factory. 2 Hrsg. Amsterdam: Amsterdam University Press.
  • [23] Ries, E., 2017. The Lean Startup. 2 Hrsg. New York: Penguin Random House.
  • [24] Roland Berger, 2015. The dawn of the digital car. Think Act: Automotive Insights, Issue 1, pp. 18 - 23.
  • [25] Scaled Agile Framework, 2019. About. [Online] Available at: https://www.scaledagileframework.com/about/
  • [26] Scaled Agile Framework, 2019. Innovation and planning iteration. [Online] Available at: https://www.scaledagileframework.com/innovation-and-planning-iteration/
  • [27] Scaled Agile Framework, 2019. Solution Train. [Online] Available at: https://www.scaledagileframework.com/solution-train/
  • [28] Scaled Agile Framework, 2020. Agile Release Train. [Online] Available at: https://www.scaledagileframework.com/agile-release-train/
  • [29] Scaled Agile Framework, 2020. Enterprise. [Online] Available at: https://www.scaledagileframework.com/enterprise/
  • [30] Scaled Agile Framework, 2020. Lean Budgets. [Online] Available at: https://www.scaledagileframework.com/lean-budgets/
  • [31] Scaled Agile Framework, 2020. Strategic Themes. [Online] Available at: https://www.scaledagileframework.com/strategic-themes/
  • [32] Scaled Agile, 2019. SAFe WhitePaper. [Online] Available at: https://www.scaledagile.com/resources/safe-whitepaper/?_ga=2.139171121.329995067.1581709638-1155319036.1570961231
  • [33] Siegfried, P. (2015a): Business Cases Internationalisation Strategies in Global Player Companies: Volume 1, AVM Akademische Verlagsgemeinschaft München.
  • [34] Siegfried, P. (2015b): International Management in Practice, Volume 1, AVM Akademische Verlagsgemeinschaft München.
  • [35] Siegfried, P. (2017): Corporate Strategic Management in practice, AVM Akademische Verlagsgemeinschaft München.
  • [36] Simpson, C. et al., 2018. KPMG. [Online] Available at: https://assets.kpmg/content/dam/kpmg/xx/pdf/2018/08/zero-basing-in-automotive.pdf
  • [37] Statista GmbH, 2019. Größte Automobilhersteller weltweit nach Fahrzeugabsatz im Jahr 2019. [Online] Available at: https://de.statista.com/statistik/daten/studie/173795/umfrage/automobilhersteller-nach-weltweitem-fahrzeugabsatz/
  • [38] Statista GmbH, 2020. [Online] Available at: https://de.statista.com/statistik/daten/studie/324692/umfrage/carsharing-nutzer-in-deutschland/
  • [39] Statista GmbH, 2020. Marktkapitalisierung ausgewählter Automobilkonzerne weltweit im Jahr 2020. [Online] Available at: https://de.statista.com/statistik/daten/studie/740357/umfrage/ranking-der-wertvollsten-automobilkonzerne-weltweit/
  • [40] Teich, S. T. & Faddoul, F. F., 2013. Lean Management – the Journey from Toyota to Healthcare. Rambam Maimonides Medical Journal, p. e0007.
  • [41] Timmermans, K. & Abdalla, R., 2018. Accenture. [Online] Available at: https://www.accenture.com/_acnmedia/PDF-71/Accenture-ASZBx-Anthem-POV-final.pdf#zoom=50
  • [42] Timmermans, K. & Roark, C., 2019. The Zero-Based Mindset. CFO, pp. 18 - 19.
  • [43] Valentine, O., 2017. Global Web Index Blog. [Online] Available at: https://blog.globalwebindex.com/chart-of-the-day/smartphone-importance-continues-increase/
  • [44] Womack, J. P. & Jones, D. T., 2003. Lean Thinking—Banish Waste and Create Wealth in your Corporation. Journal of the Operational Research Society, p. 1.
There are 44 citations in total.

Details

Primary Language English
Journal Section Review Articles
Authors

Jonathan Huke This is me 0000-0003-1224-1613

Patrick Siegfried 0000-0001-6783-4518

Publication Date September 30, 2021
Submission Date June 21, 2021
Acceptance Date August 25, 2021
Published in Issue Year 2021 Volume: 5 Issue: 3

Cite

APA Huke, J., & Siegfried, P. (2021). Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption. International Journal of Automotive Science And Technology, 5(3), 281-288. https://doi.org/10.30939/ijastech..955551
AMA Huke J, Siegfried P. Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption. ijastech. September 2021;5(3):281-288. doi:10.30939/ijastech.955551
Chicago Huke, Jonathan, and Patrick Siegfried. “Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption”. International Journal of Automotive Science And Technology 5, no. 3 (September 2021): 281-88. https://doi.org/10.30939/ijastech. 955551.
EndNote Huke J, Siegfried P (September 1, 2021) Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption. International Journal of Automotive Science And Technology 5 3 281–288.
IEEE J. Huke and P. Siegfried, “Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption”, ijastech, vol. 5, no. 3, pp. 281–288, 2021, doi: 10.30939/ijastech..955551.
ISNAD Huke, Jonathan - Siegfried, Patrick. “Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption”. International Journal of Automotive Science And Technology 5/3 (September 2021), 281-288. https://doi.org/10.30939/ijastech. 955551.
JAMA Huke J, Siegfried P. Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption. ijastech. 2021;5:281–288.
MLA Huke, Jonathan and Patrick Siegfried. “Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption”. International Journal of Automotive Science And Technology, vol. 5, no. 3, 2021, pp. 281-8, doi:10.30939/ijastech. 955551.
Vancouver Huke J, Siegfried P. Finance Methods in the Automotive Sector - Business Agility in the Age of Digital Disruption. ijastech. 2021;5(3):281-8.


International Journal of Automotive Science and Technology (IJASTECH) is published by Society of Automotive Engineers Turkey

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