Crisis, Resilience and Survival: Lessons from the Global Auto Industry by Matthi

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Crisis, Resilience and Survival charts the evolution of the global automotive industry, revealing the pressures and challenges facing firms engaged in this huge but turbulent realm of business. It uses high-profile cases to explore how scale, market reach and supportive stakeholder relations can make the difference between success and failure.

FORMATHardcover LANGUAGEEnglish CONDITIONBrand New Publisher Description

Crisis, Resilience and Survival charts the evolution of the global automotive industry, revealing the pressures and challenges facing firms in this huge but turbulent realm of business. Long-term overcapacity and swings of the economic cycle mean that many car companies are in financially perilous positions. Yet failures of auto companies are rare, and many have bounced back from the brink. Using the concept of the 'survival envelope', Holweg and Oliver argue that the ability to design, develop, manufacture and distribute vehicles competitively is not the only factor in ensuring success. Using detailed analyses of two failures (Rover and Saab) and two near-misses (Chrysler and Nissan) they explore how scale, market reach and supportive stakeholder relations can make the difference between success and failure in this global industry. This book will appeal to anyone working in, or studying the auto industry, as well as those interested in corporate success and failure.

Author Biography

Matthias Holweg is Professor of Operations Management at the Saïd Business School, University of Oxford. He is interested in how process improvement methodologies, such as lean thinking, have evolved and been adapted over time, and what impact they have on the competitiveness of the firm. He is co-author of The Second Century and The Lean Toolbox. Nick Oliver is Professor of Management at the University of Edinburgh Business School, where he served as Dean from 2007 to 2012. His particular specialities are lean methods and organizational resilience. He is co-author of The Japanization of British Industry.

Table of Contents

Acknowledgments; 1. Why a book on corporate resilience?; 2. The evolution of a global industry; 3. Competing in a global industry; 4. Concepts: stakeholders, operations and context; 5. Rover: inside a failing car company; 6. The failure of Saab automobile; 7. Near misses: Nissan and Chrysler; 8. The future shape of the industry; Appendix; Endnotes; Bibliography; Secondary data sources; Index.

Review

'This book is essential reading for followers of the industry, including journalists and investment analysts. Using their decades of deep experience in analysing the business, the authors take an unusually sophisticated approach to their topic. They have crafted a book which avoids the usual temptation to oversimplify the complexities of an industry that is huge in scale, truly global and still growing, and offer powerful new insights to explain and even predict corporate resilience in the sector. A compelling yet very approachable book.' Richard Parry-Jones CBE, former Chief Technology Officer, Ford Motor Company, and Chair, UK Automotive Council, 2009–2015'The automotive industry is undergoing the most impactful changes of the past hundred years; hybrid, electric and fuel cell vehicles provide alternatives to the internal combustion engine, autonomous driving features are commercially available, and connected cars will communicate with one another. This book provides a framework for understanding the dynamics of the automotive industry and what factors cause companies to succeed or fail. It is factual and comprehensive; a must-read for anyone interested in understanding the future dynamics of this complex industry.' Daniel Roos, Japan Steel Industry Professor of Engineering Systems, Massachusetts Institute of Technology, and Founding Director, International Motor Vehicle Program'Too often students of the auto industry resort to anecdote and subjective opinion in attempting to explain why some car firms succeed and others fail. Holweg and Oliver break this pattern by devising an integrated model of firm survival and failure which is comprehensive, logical, and - most importantly - objective. Readers can leverage this framework as they make their own predictions as to which OEMs will sink or swim in the coming years.' Glenn Mercer, independent auto industry analyst, and former Partner, McKinsey and Company's Automotive Practice'This insightful book provides double value - first by providing a primer on the structural conditions and firm capabilities necessary for survival in the global auto industry, and second by examining case studies of both failure and resilience against that backdrop. Holweg and Oliver's 'survival envelope' framework and 'resilience index' benchmark provide predictive power for assessing the future crises that will surely afflict this 'industry of industries'. For as the authors cogently state, the core question revealed by their analysis is not 'why are there so many crises at auto firms' but rather 'given the conditions under which they operate, why don't more auto firms fail?'' John Paul MacDuffie, Director, Program on Vehicle and Mobility Innovation (PVMI), Mack Institute for Innovation Management, Wharton School, University of Pennsylvania

Promotional

This book uses a series of high-profile case studies to examine the processes by which auto companies fail or survive.

Review Quote

Advance praise: 'While we celebrate such truisms as Thomas Edison's 'I have not failed. I've just found 10,000 ways that won't work', we know little about how individuals learn in entrepreneurial situations of high ambiguity and risk. Most entrepreneurial activities end in failure rather than success and most entrepreneurs appear to learn little from their failures or have the emotional capacity to try again. This book presents a theoretical framework and substantial empirical evidence on the situations, processes, and emotions that characterize where, when and how individuals might learn from failure. If we believe that an entrepreneurial culture requires that we all need to be able to 'learn to fail or we will fail to learn', Crisis, Resilience and Survival provides needed insights and solutions to this challenge.' William B. Gartner, Copenhagen Business School and California Lutheran University

Promotional "Headline"

This book uses a series of high-profile case studies to examine the processes by which auto companies fail or survive.

Description for Bookstore

Crisis, Resilience and Survival charts the evolution of the global automotive industry, revealing the pressures and challenges facing firms engaged in this huge but turbulent realm of business. It uses high-profile cases to explore how scale, market reach and supportive stakeholder relations can make the difference between success and failure.

Description for Library

Crisis, Resilience and Survival charts the evolution of the global automotive industry, revealing the pressures and challenges facing firms engaged in this huge but turbulent realm of business. It uses high-profile cases to explore how scale, market reach and supportive stakeholder relations can make the difference between success and failure.

Details ISBN1107076013 Author Nick Oliver Publisher Cambridge University Press Year 2015 ISBN-10 1107076013 ISBN-13 9781107076013 Format Hardcover Short Title CRISIS RESILIENCE & SURVIVAL Language English Media Book Imprint Cambridge University Press Subtitle Lessons from the Global Auto Industry Place of Publication Cambridge Country of Publication United Kingdom DEWEY 338.476292 Pages 341 Publication Date 2015-12-01 Affiliation University of Oxford UK Release Date 2015-12-01 AU Release Date 2015-12-01 NZ Release Date 2015-12-01 Illustrations 13 Tables, black and white; 34 Line drawings, black and white Alternative 9781139872058 Audience Professional & Vocational We've got this

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