Electric industry



Tuesday, January 31, 2006

SIEMENS’ MANAGEMENT VIEWS: CONTINUITY and CHANGE

Ms. Merva Ulusoy, who prepares and hosts “Headquarters” program at CNN Türk, has interviewed with Mr. Klaus Kleinfeld, the CEO of Siemens AG. We,as Kaynak ELEKTRİK, hold the media copyright of this interview. So we would like to thank to CNN Türk, Siemens and Ms. Merva Ulusoy for their valuable contribution for the copyright issue. Below you may see a summary of this interview.

Mr. Kleinfeld explained that the core idea to establish Siemens is to produce new things and to facilitate the lives of people. Secondly Siemens aimed to be a global company, added Mr. Kleinfeld. Currently Siemens employs 440.000 people globally and market value reaches USD 80 billion.

Mr. Kleinfeld also mentioned about the main principles of Siemens. According to Mr. Kleinfeld Siemens is an innovative company that develops the quality of life and to perceive the needs of people fully. That innovative role is achieved through highly qualified R&D (research and development) staff of 45.000, added Mr. Kleinfeld. He also underlined that Siemens invests € 23 million for innovation everyday, which equals 6,7% annual turnover of Siemens.

According to Mr. Kleinfeld Siemens Turkey has a significant role for the success of Siemens. Mr. Kleinfeld emphasized that Siemens Turkey employs 7.000 people and turnover is USD 2 billion per annum. Many products by Siemens Turkey is exported and those products are mainly based on R&D acitivities, highlighted Mr. Kleinfeld.

Finally Mr. Kleinfeld clarified the management views of Siemens. Continuity and change appear the main management views of Siemens, explained Mr. Kleinfeld.

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