Siemens
PRINCIPLES OF MANAGEMENT TERM PAPER ON SIEMENS
Submitted To: Dr. Madhvendra Mishra
Submitted By: Aseem Manuja MBA-200507
Company Overview
Werner von Siemens laid the foundation for something very special in 1847: A global company with the power and experience to master and to emerge even stronger from major crises of all kinds. A company whose culture aims for stability. A company that remains true to its basic values while making changes to sustain itself in international competition. A company with everything it needs to stay on top. Today, more than 150 years after its founding, Siemens is one of the world’s largest and most respected companies in the field of electrical engineering and electronics. Its more than 400,000 employees develop and manufacture products, design and create systems and plants, and provide customized services. The company supports customers in some 190 countries with innovative technologies and wide-ranging expertise. In fiscal 2004, Siemens generated sales of more than €75 billion and net income of over €3 billion in its six business areas Information and Communications, Automation and Control, Power, Transportation, Medical, and Lighting. Siemens stands for performance and has committed itself to “Go for Profit & Growth.” All Siemens employees worldwide are working to achieve these goals with full commitment and team spirit. The goals are the engine that drives the thinking and action of all our employees. Siemens’ world-leading position is guaranteed for the future by three company-wide programs: Innovation, Customer Focus, and Global Competitiveness. The company is building on its traditional strengths: its robust business portfolio, strong power of innovation, intensive customer orientation, global presence and sound financial management. At a glance Siemens (Berlin and Munich) is a global powerhouse in electrical engineering and electronics. The company has 434,000 employees working to develop and manufacture products,
Submitted To: Dr. Madhvendra Mishra
Submitted By: Aseem Manuja MBA-200507
Company Overview
Werner von Siemens laid the foundation for something very special in 1847: A global company with the power and experience to master and to emerge even stronger from major crises of all kinds. A company whose culture aims for stability. A company that remains true to its basic values while making changes to sustain itself in international competition. A company with everything it needs to stay on top. Today, more than 150 years after its founding, Siemens is one of the world’s largest and most respected companies in the field of electrical engineering and electronics. Its more than 400,000 employees develop and manufacture products, design and create systems and plants, and provide customized services. The company supports customers in some 190 countries with innovative technologies and wide-ranging expertise. In fiscal 2004, Siemens generated sales of more than €75 billion and net income of over €3 billion in its six business areas Information and Communications, Automation and Control, Power, Transportation, Medical, and Lighting. Siemens stands for performance and has committed itself to “Go for Profit & Growth.” All Siemens employees worldwide are working to achieve these goals with full commitment and team spirit. The goals are the engine that drives the thinking and action of all our employees. Siemens’ world-leading position is guaranteed for the future by three company-wide programs: Innovation, Customer Focus, and Global Competitiveness. The company is building on its traditional strengths: its robust business portfolio, strong power of innovation, intensive customer orientation, global presence and sound financial management. At a glance Siemens (Berlin and Munich) is a global powerhouse in electrical engineering and electronics. The company has 434,000 employees working to develop and manufacture products,