Will Siemens be back in calm waters?
Siemens created a history of sorts when it announced that an outsider, 
Peter Loscher, would be replacing outgoing CEO Klaus Kleinfeld. For more than a century, Siemens never had an outsider as a chief executive. An Austrian, Peter Loscher, has been a top executive in Merck and at one point had also worked for General Electric. The new 49- year-old MBA has spent most of his career in international assignments, and thus brings with him the expertise required for tapping emerging markets out of Europe. However, this is his first assignment as a CEO and he is all set to inherit the legacy of legendary Kleinfeld, which might turn out to be a difficult task for Loscher.
Peter Loscher, would be replacing outgoing CEO Klaus Kleinfeld. For more than a century, Siemens never had an outsider as a chief executive. An Austrian, Peter Loscher, has been a top executive in Merck and at one point had also worked for General Electric. The new 49- year-old MBA has spent most of his career in international assignments, and thus brings with him the expertise required for tapping emerging markets out of Europe. However, this is his first assignment as a CEO and he is all set to inherit the legacy of legendary Kleinfeld, which might turn out to be a difficult task for Loscher.For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Labels: Diversification, ExternalRelations, Faculty and Research, Faculty Developement Programme, In-Company Programmes, Knowledge, learning, Management DevelopmentProgramme, Participants, Students
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