Emerging Global Market Trends
Premium automotive industry trends
The premium automotive segment is one that is facing a lot of headwinds. Demonetization was the most obvious headwind to affect the premium automotive segment. Sales of premium automotive companies suffered, and it still hasn't completely recovered to the levels where it was anticipated to be. In fact that premium automotive segment shrank from an estimated 36000 in 2015 to 35000 in 2016. This is highly unusual for an economy that grew about 7% that year.
We go more into what this means for the automotive industry in the following article:
Premium automotive business: It's prospecting timeInternet Disruption Galore
This is a general given that affects just far too many industries to mention here. An internet disruption is impending, yes despite how everyone says everyone is on the internet and active on it. To gain a greater insight what internet disruption really is and whom it will affect and how, see our article:
Impending Massive DisruptionPsychology, neurology and behavioural sciences based business
Even now, this field is in its absolute infancy. Although it has been introduced a long while back. The utilization of strategy originating from our expanding knowledge of how the human mind works in business is marginal at best. Some companies use some of these strategies with incisive effect. If they happen to be your competitors and you're not using it, that could be a lot of trouble.
These psychology insights are not as obvious as one may imagine, in fact the trouble is they are downright counterintuitive.
Read our deeper analysis into this area in the following:
The dangers of brainless businessMoving towards unique
This is a trend in business that was initially good, but now is moving into the territory of damaging. Business has overcompensated for the assembly line standardization and worker's manuals of the past to run with essentially a carte blanche (blank slate).
This is leading to much chaos in certain company areas and a real problem of dogma of getting with the "current trend" over logical measures.
Take a look at our in depth insight into this: Not always unique