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Volvo's CEO Is Making Tough Decisions and the Company Keeps Winning

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Volvo has worked to digitize its production, create lauded cars and achieve all-time high profits.

2024 Executive Disruptor of the Year Jim Rowan, CEO and President of Volvo CarsVolvo Cars CEO Jim Rowan isn't shying away from an auto industry that is in the midst of great change. In fact, he's embracing the disruption. But even he will admit, he's only halfway to where he wants to be on two key fronts: electrification and customer engagement.'The industry is in transition. And, of course, so is technology ...

'When the COVID situation came in, it allowed us to be a little bit more nimble than some of our competitors,' he said.Rowan has charged employees with working to digitize the company's supply chain 'as quickly as possible,' which will lead to improved visibility into any potential issues for the company. 'Try and make sure that you have more than one source for the asset, especially for the key components and the difficult-to-get components,' he said.

 

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