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Visit McKinsey & Company to read the article.
“This skills transformation will demand a culture transformation as well. Automakers will have to provide the kind of employee experience that top talent has come to expect at tech companies, which means approachable managers, speedy hiring and onboarding, agile-work and fast-decision processes using QBRs [quarterly business reviews] and OKRs [objectives and key results] methodologies, compensation and incentives tied to talent rather than hierarchy, and an acceptance of flexible and remote work. All in all, the changes to the automotive workforce are likely to be as extensive as the changes coming to the vehicles they manufacture.”