May 1, 2018

blogger - Not for Finance

With Bavaria filing for bankruptcy I think it is finally proven that the boat building business is not cut for financial institutions.  Many have tried in the past with different type of business models from the luxurious giants with a handful of brands, to a one brand show, and now to one of the largest production boat builders in the globe.
In most cases it seems to never work out, and now this latest Bavaria story confirms more then ever the notion that boat building is really not made for financial institutions.  Looking back to this story at hand it did not seem to happen since Bavaria went to the Dusseldorf boat show full guns blazing with novelties and a nice outlook for the future.  At Dusseldorf boat show 2018 it also presented its largest motor boat to date with the presentation of the new R-55.
Being fully luxury based, pleasure boat building is a difficult business to predict and understand with the human side of operating things and building the boats also making part of a complicated equation.  Business choices and operation is also very different to say car making which is what most people like to compare boat building to, and here business institutions must understand that apart a nice degree when managing boat builders one needs persons who understand the boat building sector inside and out. 

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