Supported scenario planning and mid-term plan development for automotive tier1 supplier

The trend toward electrification of automobiles was expected to cause a drop in demand for engine and transmission parts, the client company’s main commercial products. We assisted the client in scenario planning and the formulation of a mid-term business plan to cope with this situation.

Situation and Tasks

Demand for engine and transmission parts was expected to decline due to the trend toward electrification of automobiles.

Approach for Solutions

Develop impact scenarios for the automotive electrification trend.
Analyze and evaluate the company's competitiveness in terms of products, business distribution, and human resources.
Organize the framework of the mid-term business plan based on the assumed future scenario and the results of the analysis of the company's competitiveness.

Results

Clearly documented action settings provided a medium for communication with key stakeholders, including customers, financial institutions, and employees, in order to keep them on the same page.