Part 6/8:
As the episode progressed, Monroe outlined strategies for traditional manufacturers to enhance competitiveness. He called for a cultural shift that promotes innovation without the fear of failure—a stark contrast to the often risk-averse nature of large corporations. Monroe criticized the current silos existing in large automotive organizations, suggesting that encouraging a collaborative environment among engineers would foster improved product development and operational outcomes.
He pointed out that car manufacturers need to internalize more procedures and practices rather than relying heavily on outsourcing, which can compromise the quality and effectiveness of vehicle components.