High Noon in the Automotive Industry
| Author | : | |
| Rating | : | 4.72 (586 Votes) |
| Asin | : | 3642065236 |
| Format Type | : | paperback |
| Number of Pages | : | 261 Pages |
| Publish Date | : | 2015-12-26 |
| Language | : | English |
DESCRIPTION:
Who has to recognize that politicians, scholars and large segments of society oblivious to supranational authorities and e- nomic globalization forces continue to labour under the notion that they are still fully autonomous and sovereign when shaping national economic policy. This book was born from curiosity. To begin with, it was the curiosity of an economist who studied in the 60’s in an environment which has subsequently developed from national into global economics. The laws of globalization diminish the - noeuvring space for shaping national economic policy. Even if many folks today don’t want to hear it: The issue is no longer achieving what is soc- politically desirable for the own society but rather the optimal adaptation of society and social benefits to the politically practicable.. And pretend as though their own national state were still the "m- ter in its own house" that despite unbridled market economics could c- tinue to dictate to the economy and companies how to live and in which "rooms". All that has become fiction
Currently, he is the founder and CEO of Business Relations Company AG, and in addition, runs his own institute for economic analysis. Helmut Becker is a world-renowned expert on the automotive industry. Dr. He has served on the staff of the German Council of Economic Advisors. As Chief Economist at BMW, he headed the Corporate Economic Research and Policy department for
"Belabors the Obvious, Misses the Elephant in the Room!" according to Loyd Eskildson. Becker begins by telling us that auto manufacturing is in an overcapacity situation worldwide, creating pressure on suppliers, overhead costs, productivity, wages, and an incentive to build volume through filling niches. He then goes on to compare quality, productivity, and costs by major manufacturer. Guess what, Japanese firms (especially Toyota) come out best. Innovation is also important, and again, Japanese firms (especially Toyota) lead. (Becker fails to note that the three are closely related, per the innovations of the Toyota production system.)The "really bad news" is that Becker gives almost no attention to Korea and
The book provides valuable information in an understandable style and entertaining form, but also makes clear statements on the tough consequences of global competition for the automotive manufacturers and the supply industry. Kurt Demmer, Chief Economist, Industriekreditbank (IHK), Düsseldorf, Germany. This means that innovations to secure and extend individual manufacturers` market positions are absolutely necessary as part of the constantly intensifying elimination of competition in the automotive industry."Prof. Firstly, because the competitive situation is presented from a global p