Business Insights Guide

Industry Life Cycle

What stage of the life cycle curve is your site in, and what evidence supports this? Are any changes anticipated? Which business units or locations are at different stages? How does your site's life cycle position impact HR functions such as recruitment, employee engagement, retention, compensation, and policy development? Are there any upcoming industry disruptions that could put BorgWarner or your site into a new phase of the life cycle?

Connection Challenge : Contact the HR team of a different site. Exchange insights regarding the stage of the industry life cycle that each site is currently in, and analyze the similarities and differences in HR strategies and practices influenced by these life cycle stages.