I will wrap this up when I am older
I got a document where I note down thoughts and memories from the journey I spent in the mobile handset industry. It′s supposed to be something I work on now and then and do something with somewhere in my distant, retired future. Now, as the Corona crisis is certain to remodel large parts of industries, I want to do is share a few "work in progress" lines from that document:
The European Mobile handset industry, from R&D so aftermarket was global from day one.
“Europe” did not lose initiative and leadership in mobile to “USA” and “Asia”. European Mobile lost initiative to new business models and different culture. The other guys wanted more and worked harder, where more open to change and they did so under conditions that enabled accelerated growth. In the end, that resulted in better products.
The financial crisis 2009-2010 accelerated the journey that moved the mobile handset industry out of Europe. An industry that might have been able do what competition had done: to observe, learn and change lost financial ability to do so and got caught up focusing on how on survive the immediate crisis rather than preparing to get back into the race and win again.
Rebuilding what was lost wouldn′t be a matter of just rebuilding some research centers and some factories. It would be a matter of rethinking the whole set of conditions industry operates under in Europe; culture, political models and business models.
The financial crisis 2009-2010 was different to what Corona is today. The industries are different to mobile but the learning; that of rethinking the whole system of conditions is more relevant than ever.
Just thinking