Reflections on China’s Transformation of the Car Industry, Part F: Lacking on Plan B and C 👎🏾

Wise executives experiment, learn, adapt, and always plan for the worst

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Agile software development, rooted in Lean car manufacturing principles, emerged during a pivotal revolution in the 1980s. Now, we are witnessing another, much greater, transformation in the automotive industry — one that may offer valuable lessons. In this series:

• Part A: The Disruptions
• Part B: Lure Tesla to set up factories in China and Learn
• Part C: Seek Top Talents and Follow Their Advice 👍
• Part D: Traditional Car Manufacturers Reluctant to Evolve 👎🏾
• Part E: Faking Efforts with “Show Ponies” 👎🏾
• Part F: Lacking on Plan B and C 👎🏾
• Part G: Time to Accept Reality
• Part H: Solution: Be Agile and Innovative 👍

Traditional car manufacturers are in serious trouble right now, and you’ve probably seen headlines like the ones below in major media..

Source: CNBC (YouTube video)