Large companies may form alliances with their peers because growth is now more challenging.
Companies don’t move through stage 4; they stay in it.
What are common monthly expenses for a student living on their own, including student or car loans? Write a list of your expenses, figure out how much money you spend on each area, and what percentage of your income pays for each.
Today, we predict, an industry will take on average 25 years to progress through all four stages; in the past it took somewhat longer, and in the future we expect it to be even quicker.
GM’s acquisition of stakes in Isuzu, Subaru, Suzuki, Daewoo, Saab, and Fiat is an example of a solid stage 3 strategy.