Saturday, 11 October 2008

A Decentralised Motor Industry

The motor industry needs to evolve. In Southampton, UK, Ford is considering closing the factory that produces it's Transit vans and relocating to Turkey. Many people rely on the factory for employment.

The future doesn't have to be bad for anyone made redundant though. The silver lining is that former employees of motor manufacturing companies can work together to produce their own vehicles, either own-branded or on behalf of, and funded by, another manufacturer. They have the relevant experience, after all. A small group of people in the Midlands could produce the engine, another group in Southampton could produce the shell. This is how businesses should work within the network economy.

Imagine being part of a company, owned by 30,000 people including yourself, that produces vehicles in the homes/sheds of it's employees/shareholders! Imagine building a gearbox and then sending it on to someone living in the next City to have it tested and added to a vehicle. Your parts could create a new vehicle or they could be sold to a parts retailer. Profits shared between the owners of the company, who also happen to be it's employees. The co-operative may be the perfect business for the network economy.

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