Guest Lecture BMW Flashcards

1
Q

Key Learnings?

A
  • Innovation that benefits the customer.
  • Production improvement.
  • Legal requirements (CO2 submission).
  • find the right balance to listen to negative and not negative input
  • allies in management and finance are very important.
    CFO and CEO.​
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2
Q

Strategic Factors

A
  • Environment:
    • climatic changes
  • Urbanization:
    • Beyjing only certain number plates per day. Lottery to get a car.
  • Politics and Regulations:
    • Co2 reduction (high R&D effort for combustion engines)
  • Economics:
    • fuel price
    • dont rely on oil
  • Culture:
    • no longer personal relationship to a car
  • Customer expectation
    • car should be zero emission
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3
Q

Why did BMW changed their strategy statement?

A

The BMW Group
is the world’s leading provider
of premium products and premium services for individual mobility.

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4
Q

How does the evolution of the e-car looked like?

A
  • Mini-e:
    • rapid prototyping. not a really good car but perfect to get first experience and collecting feedback
  • BMW activeE:
    • BMW converted to an electric car.
    • looked and concepted like a normal car
    • batteris in the rear
  • BMW i3 and i8
    • Managers were forced to drive car and competitor car. so they got the idea that this is a real bmw.
    • concepted from scratch.
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5
Q

What did BMW learn from customer feedback?

A

Not only zero emission. also very dynamic and comfortable.

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6
Q

Concrete benefits of the iSeries?

A
  • assembly takes only 30% of time of the M1 series.
  • Interior looks different - want to attract different customers.
  • fibre used to buy parts (sustainable) which is thrown away otherwise.
  • subgroup M (dynamic) - I (eco-friendly).
  • completely new customer segment - new interior etc.
  • if you break the battery is refuled. jump start red light - geht energy back.
  • first car with body made of carbon fibre.
    • Steel promotes deformation through whole car. Carbon fibre is only the part deformed, not the whole car.
  • great acceleration
  • U-turn in one spot (tires)
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7
Q

Collateal benefits?

A
  • Highly dynamic and agile
  • Effortless acceleration
  • Silent and smooth inside and outside
  • Large passenger cell related to footprint
  • Convenient curb side access
  • Parking heating/cooling included
  • Reduced energy costs
  • Reduced service requirements
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8
Q

What complementary services came along?

A

Besides the dealer business model other purchase options were added:

  • Buy online
  • Callcenter
  • Direct customer feedback
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9
Q

360 degree electric meaning and challenges

A
  • Assistance Services:
    • Partners and dealers need to know how to maintain an electric car
    • Car charging on gas stations needs to be enabled
  • Provide home charging:
    • provide the technique
  • Ensure flexibility:
    • lease long distance cars (x5) at very cheap rates
    • one card for each charging station
  • Enable public charging
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10
Q

BMW mobility services portfolio

A
  • Car-enabled mobility:
    • Connected drive (in the car)
  • Car-related mobility:
    • ParkNow (BMW owner)
    • DriveNow (automobile user)
  • Car-indipendent-mobility:
    • Charegpoint
    • Parkatmyhouse (switch parking lots)
      *
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11
Q

What is holictic sustainability?

A
  • Sustainability before the vehicle usage phase
    • production consumes 50% less energy
    • all energy is 100% renewable
    • 70% less fresh warter consumed…
  • Sustainability during the vehicle usage phase
    • Energy companies can use the batteries of the e-cars as a storage system an pai for that
  • Sustainability after the vehicle usage phase
    • batteries can be used to prevent blackouts
      *
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12
Q

Summary

A
  • new from scratch developed vehicles
  • innovating is hard work. not always a heros job.
  • Innovation requires much more things to do. (innovate the production process is very expensive)
  • You might get a lot of solutions to other problems by bringing your innovation to the marktet
  • new sub-brand
  • visionary design
  • connectivity
  • services
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13
Q
A
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