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Avoiding management pitfalls
Starting point: Pressure for transformation in the automotive industry
The automotive industry is undergoing a period of profound change. Electric mobility, software orientation, and new competitors are increasing the pressure on established manufacturers and suppliers. Traditional recipes for success no longer work automatically; at the same time, the variety of models and the pace of innovation are increasing significantly. Against this backdrop, Robert Minge analyzes typical management pitfalls and shows how companies can secure their future viability.
Rethinking innovation processes
The article describes how shortened product life cycles and comparisons with digital consumer goods, such as smartphone generations every two years, are forcing automotive companies to radically accelerate their development processes. Digital prototypes and software-based test vehicles are intended to shorten the time to market. To this end, iterative milestones are used instead of long, rigid development phases.
In addition, a management style is needed that connects interdisciplinary teams worldwide and enables quick decisions. On a cultural level, Minge advocates for more courage, confidence, and a healthy awareness of risk in development teams, without compromising on quality. To secure customer benefits and demand potential, market intelligence from sales and marketing must be continuously incorporated into product development.
ESG as a strategic priority
In his second key point, Robert Minge warns against treating sustainability issues as a side project. Without a seriously integrated ESG roadmap, companies face a significant loss of corporate value by 2030, despite complex and sometimes opaque ESG requirements. Successful ESG programs require a clear structure of responsibility, the involvement of all hierarchical levels, and a pragmatic approach to high reporting requirements.
Align organization and sales with change
Minge emphasizes that restructuring, refinancing, and reorganization must ensure operational efficiency, but at the same time strengthen the spirit of innovation, flexibility, and decision-making ability. Emotional factors such as uncertainty and fears in change processes should not be underestimated. The quality of leadership is crucial.
In order to quickly feed market information back into the company and enable strategy adjustments, sales teams need a “2.0” attitude and methodology.
Source:
The complete guest article “Avoiding Management Pitfalls” has been published on the Springer Professional online portal in the automotive industry section.
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