Roadmap-based Methodology for the Forecasting of Competences within Automotive Product Development

Abstract

Organizational competences are essential sources of competitive advantage and thus are key drivers of competitive strategies for knowledge-intensive companies like automotive manufacturers. In order to cope with increasing market complexity and dynamism, reduced development times, and relentless cost pressures in a highly competitive environment, knowledge-driven companies need to understand how to be proactive in building and leveraging the competences they will need to be successful in the future, especially within their product development activities.

To help managers become proactive in identifying and building useful future competences, the dynamic and systemic perspectives of competence-based strategic management provide a framework for analysis that can help managers to look beyond their organization’s current competences and identify organizational competences that will be needed in the future. Competence theory emphasizes that an organization’s competences are dynamic and constantly need to be updated and reconfigured to adjust to the competitive dynamics of an industry. Any methodology for identifying future competence needs must begin with some means for identifying strategic gaps between the competences a firm has now and the competences it will need in the future. This paper describes a technology and market roadmap-based methodology for forecasting a firm’s future competence needs – the competences a firm will need to start developing now in order to meet expected market demands in the future. The methodology proposed here is applied and, we believe, validated through application to a competence planning process in a German luxury car manufacturer.

Citation

Albers, A., Krämer, L. and Arslan, M. (2017), "Roadmap-based Methodology for the Forecasting of Competences within Automotive Product Development", Sanchez, R., Heene, A., Polat, S. and Asan, U. (Ed.) Mid-Range Management Theory: Competence Perspectives on Modularity and Dynamic Capabilities (Research in Competence-Based Management, Vol. 8), Emerald Publishing Limited, Leeds, pp. 109-130. https://doi.org/10.1108/S1744-211720170000008005