| 2:29 AM EST

It's Time for the Auto Industry to Think Differently

The auto industry must learn new ways of thinking and behaving to cope with fast-changing technologies, says Carla Bailo, president and CEO of the Center for Automotive Research.

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The auto industry will be completely revolutionized in less than 10 years, and companies must learn new ways of thinking and behaving to cope, says Carla Bailo, president and CEO of the Center for Automotive Research in Ann Arbor, Mich.

Much of the Management Briefing Seminars presented by CAR in August focused on this need for companies to “disrupt” themselves, she notes.

Fewer meetings and more decision-making are a good first step, according to Bailo. She says incessant meetings are paralyzing executives and leaving them with little time for visionary thinking and leadership.

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