WEBVTT 00:00:00.000 --> 00:00:01.251 I am Felix Stellmaszek, 00:00:01.251 --> 00:00:01.918 Managing Director 00:00:01.918 --> 00:00:03.044 and Senior Partner at the Boston 00:00:03.044 --> 00:00:04.504 Consulting Group. 00:00:04.504 --> 00:00:06.506 Mobility shaped who I am. 00:00:06.506 --> 00:00:08.091 And now I get to lead BCG’s 00:00:08.091 --> 00:00:09.884 Global Automotive Mobility Team, 00:00:09.884 --> 00:00:11.469 helping clients navigate where 00:00:11.469 --> 00:00:12.971 the world is heading next. 00:00:12.971 --> 00:00:14.681 The automotive industry is changing 00:00:14.681 --> 00:00:15.724 really fast. 00:00:15.724 --> 00:00:16.975 And what excites me 00:00:16.975 --> 00:00:20.145 the most, frankly, is AI. Generative 00:00:20.186 --> 00:00:22.522 AI and artificial intelligence 00:00:22.522 --> 00:00:25.567 are changing mobility. Clients are well 00:00:25.567 --> 00:00:26.276 versed in particular 00:00:26.276 --> 00:00:27.402 in automotive mobility, 00:00:27.402 --> 00:00:29.571 about the products, about the technology. 00:00:29.571 --> 00:00:31.031 We're talking electric vehicles, 00:00:31.031 --> 00:00:31.990 we're talking autonomous 00:00:31.990 --> 00:00:33.533 vehicles, we're talking AI. 00:00:33.533 --> 00:00:35.368 What I see when it comes in particular 00:00:35.368 --> 00:00:36.745 to OEMs, original equipment 00:00:36.745 --> 00:00:38.288 manufacturers and automakers, 00:00:38.288 --> 00:00:39.581 they’re still one step removed 00:00:39.581 --> 00:00:41.583 from the actual customer. 00:00:41.583 --> 00:00:42.125 At BCG, 00:00:42.125 --> 00:00:43.293 we have the privilege of serving 00:00:43.293 --> 00:00:44.669 19 out of the top 20 00:00:44.669 --> 00:00:46.504 OEMs in the automotive space. 00:00:46.504 --> 00:00:47.964 If I had one piece of advice 00:00:47.964 --> 00:00:50.967 for automakers: focus on the customer. 00:00:51.217 --> 00:00:52.719 We don't live in a global world 00:00:52.719 --> 00:00:53.803 anymore, it's very much 00:00:53.803 --> 00:00:55.221 a multi-regional world. 00:00:55.221 --> 00:00:57.015 The customer preferences are different 00:00:57.015 --> 00:00:58.975 in China, in Europe, inNorth 00:00:58.975 --> 00:01:00.810 America, Latin America. 00:01:00.810 --> 00:01:03.813 OEMs will need to react and respond. 00:01:03.855 --> 00:01:05.690 It's now more important than ever 00:01:05.690 --> 00:01:07.567 to think about how to compete, 00:01:07.567 --> 00:01:08.610 how to position yourself, 00:01:08.610 --> 00:01:10.528 in which market to get with which partner, 00:01:10.528 --> 00:01:11.988 and then continue winning together.