The demand for better product, better service, more options, and more offerings is colliding head-on with lower margins, shrinking markets and lower consumer and corporate confidence.
So what can a dealership, a manufacturer or a college do? You either raise cash and invest or…you turn to others, even competitors, and partner. You collaborate, you share, and you open yourself up to possibilities never before considered.
Universities that were previously enemies are now sharing campuses together and offering new programs together, manufacturers that were rivals are sharing factories and platforms. Everyone wins. When cash is in short supply, collaboration is king.
Barry LaBov
LaBov & Beyond
Posts
You're totally correct! In this day and age, shrinking margins along with increased competition leads to less pieces of the pie to draw from. The larger companies see the value of what collaboration will bring; it is not just profitability but improved quality metrics. Those companies will make it as they see the benefits it can bring. The smaller companies without deep pockets will not make it in this difficult economic climate.
ReplyDeleteCollaboration is happening all around us, only we don't always know. We're way behind if we ignore it. Thanks!!
ReplyDeleteBarry LaBov
LaBov & Beyond
www.labov.com