Preview

How Does Bmw Motivate Its Employees?

Good Essays
Open Document
Open Document
3186 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How Does Bmw Motivate Its Employees?
[pic]
MAY 1, 2006
SPECIAL REPORT

How does BMW motivate its employees?

BMW's Dream Factory
Sharing the wealth, listening to even the lowest-ranking workers, and rewarding risk have paid off big time.

The car looks like the victim of some mad scientist's experiment gone awry. Inside a research lab in Munich, a BMW 5 Series sedan is splayed open, with electronic gadgets and wires spewing in all directions. The project: an onboard computer that will recognize you, then seek out information you want and entertainment you love. While you sleep, your BMW will scour the Net -- via Wi-Fi and other connections -- collecting, say, 15 minutes of new jazz followed by a 10-minute podcast on the energy industry. It may sound far-fetched, but for BMW's research wizards it's yet another way to woo customers by personalizing cars. This intelligent machine will grow to know you better every day, constantly learning what you like by monitoring your choices. The brains of the system might even tag along with you on a business trip in the form of a "smart card," instructing the Bimmer you rent in Beijing to load up your daily fix of news and music. When Hans-Joerg Vögel, the 38-year-old project chief, hops in the car's front seat and fires it up, his excitement is palpable. Launching into a riff on the wonders of melding the virtual world with the nuts and bolts of an automobile, Vögel says the next generation of BMW 5 Series and 7 Series sedans will be the most Net-savvy cars on the road. And if he's right, it'll be because Vögel had the vision to see the importance of the technology and the gumption to build it so everyone at the automaker could recognize its potential. "We are encouraged to make decisions on our own and defend them," says Vögel. "Risk-taking is part of the job."

Vögel's project is only a tiny part of BMW's vast innovation machine. Just about everyone working for the Bavarian automaker -- from the factory floor to the design studios to the marketing department --

You May Also Find These Documents Helpful

  • Satisfactory Essays

    BMW case study

    • 679 Words
    • 2 Pages

    The goal BMW should strive to achieve is to sell 100,000 units by end of the year 1996 which translates to about 10% year on year sales growth from the year 1992. This goal also means BMW gets about 8% market share of the luxury automobile sector in the year 1996 considering 3% annual growth rate in the luxury segment. This goal is realistically achievable given that the efforts of the ‘Second Great Opportunity’ have already started yielding results with a 23% unit sales increase for the year 1992. This is also very important to have this goal in order to keep up the momentum gained by the recent revamped advertising campaigns and strategies implemented. There can be an argument to make the goal as to increase market share to 10% but to achieve this figure the number of unit sales needed is higher than the capacity of BMW to produce vehicles and makes it come close to a mass producer which is clearly not in the BMW’s global strategy.…

    • 679 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Cis 500 Case Study 1

    • 875 Words
    • 4 Pages

    Volvo split from Ford in in 2010. In doing so they needed to create their own standalone IT environment and at the same time improve its business intelligence capabilities and operational efficiency (Microsoft, 2012). In a world where many consumers value smart technology in coexistence with automotive engineering, Volvo has created vehicles with hundreds of sensors and CPU’s embedded throughout the car (I-CIO, 2011). “Besides vehicle data gathered by sensors in and on the vehicle, we also collect visual information from four cameras. This gives us a good view of what happened in the cab and on the road at any given point in time” (Volvo Group, 2011). From the central locking system to the on board camera’s, data is being captured for use within the vehicle and then transmitted via the cloud back to Volvo (I-CIO, 2011). Once data is received at Volvo it is streamed to a centralized analysis hub (the Volvo Data Warehouse), alongside data from customer relationship management systems (CRM), dealership systems, and product development and design systems (I-CIO, 2011). Once data is retrieved at the Volvo Data Warehouse it is archived where it can be retrieved and analyze or manipulated by Volvo employees. Through the cloud Volvo is massing large amount of rich data and this is providing them with the opportunity to “turn that resource into something that no only helps build better cars, but also helps the customer have a better experience [through their interaction and above all safety]” (I-CIO, 2011).…

    • 875 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Baby Boomers Essay

    • 888 Words
    • 4 Pages

    The DaimlerChrysler organization has developed a smart fortwo automobile. They have developed this to target teenagers, urban residents, baby boomers, and retirees. The teenagers or Millennials are those that spend a lot of money on clothes and automobiles. Most are pursuing a college education, and are either renting or still living at home. They tend to spend money on big ticket items. The next target is the urban resident. These are consumers who live in the city. They can be people from many diverse demographics, but all have one thing in common they tend to be city dwellers. They live in high rise apartments, or house that are very close together. The third group is the baby boomers. This group has been spilt into two subgroups the younger boomers and the older boomers. The younger boomers are born between 1954 and…

    • 888 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Brief Description: Set in 2011, this case describes how BMW, the leading luxury car manufacturer in the U.S., successfully implemented a new marketing initiative based on its online video services and increased sales of customized vehicles. The case addresses the challenges of catering to the North American consumer, where most car buyers want or have become conditioned towards immediate gratification with their purchases.…

    • 1008 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Volvo Case Study

    • 1014 Words
    • 5 Pages

    With a lion’s share of computer processing units and sensors embedded over the vehicle, from the brakes to the central locking system, data is captured within the confines of vehicle itself plus for transmission via the cloud infrastructure directly to the manufacturer. Most of all, it is exploited to bolster client relations and improve manufacturing processes (Global Intelligence for the CIO, 2011.)…

    • 1014 Words
    • 5 Pages
    Better Essays
  • Good Essays

    What is life like at Google? After extensive research I found a wide variety of opinions about life at Google. Google’s website portrays Google as the best of all places to work. They offer many luxuries including on site massages and health clubs in addition to free dining and vending options. The management style of Google is very lackadaisical and far from serious. Their motto is search, search, and search. Googleplex located out of San Jose, California has a unique method of motivating employees vastly different from other corporate America companies.…

    • 676 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    BMW Group is a famous auto company all over world, stands for "Bayerische Motoren Werhe AG" in English ”Bavarian Motor Works” who is also the leader in a luxury car manufacturer and seller in the world. BMW Group was founded in 1916 and headquartered in Munich, Bavaria, Germany. It consists of an initial aircraft engine manufacturing plant to become enterprise groups dominated by limousine today, and produce the world-renowned aircraft engines, SUVs and motorcycles. It also owns and produces Mini cars, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad. In 2010, the BMW group produced 1,481,253 automobiles across all its brands. BMW is part of the "German Big 3" luxury automakers, along with Audi and Mercedes-Benz, which are the three best-selling luxury automakers in the world. ( http://www.wikipedia.com)…

    • 1428 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Performance and Appraisals

    • 2077 Words
    • 9 Pages

    Human Resource Management Project on Performance and Appraisals Index |Sr. No. |Content |Page No. | |1. |History of BMW |3 | |2.…

    • 2077 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    In the technology world, the latest advancement is only as good as the next thing coming down the line. The auto industry is constantly bringing us new technologies, whether it be for safety, entertainment, usefulness or simply for pure innovation (Neiger,C.). Unless you 're an inveterate walker or a mass-transit rider, you probably spend more time in your car each week than anywhere except your workplace and your home. It’s not always pleasant. Highway gridlock, a fruitless search for a parking space or a brush with a thundering tractor-trailer can rattle all but the most Zen drivers. Things are about to get better. A new wave of innovation, led by carmakers and automotive-tech companies, is transforming the driving experience. Thanks largely to on-board computers, our vehicles are becoming smarter, nimbler, and safer and more fun. (Human drivers, unfortunately, will remain as erratic as ever.)Fully self-driving cars remain some years away. But new technology in the next five to 10 years will help Cars Park themselves, monitor the alertness of the driver and even communicate with each other to avoid collisions. Tomorrow 's cars may have self-parking cars, self-driving cars, long-range headlights, external airbags, learning system, connecting cars, and driver’s health (Brandon,G.).…

    • 2095 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Future Of Driverless Cars

    • 779 Words
    • 4 Pages

    From the moment Google announced the road toward a future of driverless cars, the public was abuzz. Wherever you went, you could not escape the questions of curious internet browsers. “What do they look like? Will I be able to use one?” they queried. While the buzz has died down, pressing questions still remain about these autonomous cars. Even among excited fans of this new technology, few understand the inner workings of these vehicles. Moreover, technology rarely stays dormant for long. How will this technology advance in the future? What industries could this advancement be applied to? How will it affect our daily lives? Even more urgent is the question of our own security and well-being. Whether these cars are safe or not will determine…

    • 779 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Bmw Case Study Analysis

    • 1163 Words
    • 5 Pages

    The driving force behind the idea of all the improvements BMW is making in the South…

    • 1163 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Bmw Case Study

    • 524 Words
    • 3 Pages

    1. Describe the segmentation and the targeting strategy used by BMW in marketing the MINI and the Certified Preowned BMW.…

    • 524 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Writer, Evgeny Morozov, highlights new inventions and delves into dangers and the possible ill-will behind artificial intelligence in his article “Is Smart Making Us Dumb?” Artificial intelligence, defined by dictonary.com is as follows, "the capacity of a computer to perform operations analogous to and decision making in humans, as by an expert system, a program for CAD or CAM, or a program for the perception and recognition of shapes in computer vision systems." Thought provoking ideas are addressed such as allowing “designers to tap into peer pressure” and “social engineering disguised as product engineering.” This article explains how some devices can record information in everyday life to share on a social media when you may make a mistake.…

    • 966 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    * CEO of the bmw is Norbert reithofer and the charman of supervisory board is Joachim Milberg and design director of bmw is Adrian van hoo ydonk and design director…

    • 725 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Telematics Market

    • 6654 Words
    • 27 Pages

    Telematics is an up-and-coming market of automotive communications technology that combines wireless voice and data to provide location-specific security, information, productivity, and in-vehicle entertainment services to drivers and their passengers. Telematics refers to the convergence of wireless systems, global positioning, and onboard automotive electronics. The vision of the industry is to enhance driver and passenger safety, productivity, and security through communication, information, and convenience services. Telematics systems provide interaction between the vehicle and an outside service provider. It is a powerful new tool in CRM (Customer Relationship Management). Whether it's a case of roadside assistance, directions, emergency help, or information about the nearest ATM, intense brand loyalty is created when a customer can access information right from his vehicle.…

    • 6654 Words
    • 27 Pages
    Powerful Essays

Related Topics