Questions. Who is the biggest threat to GM?
1. Hyundai Motor
2. Tesla
3. Google
4. Consumer
Well, how about this?
1. Which gasoline car should I buy? (Competitor: Hyundai Motor)
2. Should I buy an electric car or a gasoline car? (Competitor: Tesla)
3. Should I buy an autonomous car? (Competitor: Google Waymo)
4. Should I buy a car? (Destroyer: Consumer)
In this context, the biggest threat to GM is a shared car service company like Uber. Innovative technologies trigger market change, but business models are ultimately the most creative and disruptive. Innovative technology comes next. The biggest causes of business problems are business models first, and the second is business models too. In other words, the key to success is the same. The original business model has to change and evolve.
- Joseph's "just my thoughts"
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