The staggering pace of innovation has led to a number of
industries being disrupted by upstarts providing similar services
or products outside of the established model. Want a
taxi? Use Uber. Need a hotel? Try Airbnb. Looking to watch television or a
movie? The choices are almost already endless: Chromecast, Netflix, Roku, Apple TV, etc. As the Chicago Tribune reported recently, these
business all face regulatory issues – state and local
regulation.
Did you think that the Automotive Industry was
immune? While it might be a manufacturing industry, not a
service industry, it is just as susceptible to innovation and
disruption. One of the most disruptive forces in the Automotive
Industry today just might be Tesla Motors. Most people react to that
statement by thinking of the fact that Tesla sells a fully electric
car. However, this would be at least partially wrong.
