osd siemens case study (1)
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In July 2013, supervisory board announced early departure of Loscher andappointed Joe Kaeser as new CEO. He was a member of the managing board
and the Chief Financial Officer of the company. This decision came as thecompany continued to miss the profit forecast in Loscher’s term.
Joe Kaeser unveiled a global reorganization and eliminated a layer oforganization comprising a group of some 14 regional clusters, each
overseen by its own CEO. Eliminating the clusters would make Siemensmore streamlined and closer to the markets.
His vision is to make Siemens more focused, faster and more reliableagile and competitive. In order to ensure that local executives follow the
lead from headquarters, regional management now report to the fourmanagement board members in charge of running the company's
operating divisions.
Responsibilities of the company's top management team were shuffledand CEOs of the four divisions —who are also members of the
management board —now directly responsible for specific geographicalregions.
Siemens inthe Past &
21st Century
Era ofKleinfeld &
ManagementStructure
End ofKleinfeld & ANew Leader
MajorInitiatives &
Restructuring
Suggestion&Conclusion
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Siemens inthe Past &
21st Century
Era ofKleinfeld &
ManagementStructure
End ofKleinfeld & ANew Leader
MajorInitiatives &
Restructuring
Suggestion&Conclusion
Managing Board
Supervisory Board
Energy HealthCare Industry
Cross Sector Activities
Equity Investments
Regional Organizations
Infrastructure a
Source:http://www.siemens.com/about/en/management-structure/cross_sector_activities.htm
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hank You
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