Sven Krueger

//BREAKING NEWS - book launch alert 🚨 Finally, our little book on #strategicagility (in 🇩🇪 atm) is now available on Amazon and any other bookstore (Link in comments) In "Strategische Agilität - dynamische Strategieentwicklung und -anpassung in turbulenten Zeiten", my colleagues Lucas Sauberschwarz, Florian Lanzer, Thorben Sertler and I describe the basic needs of strategy development and adaptation in todays dynamic and uncertain environments. And we propose a directly portfolio management system for strategic agility. The book is not only based on our research at HHL Leipzig Graduate School of Management and teachings at Woxsen University SGMI Management Institut St. Gallen, IU International University of Applied Sciences and other business schools, but also many consulting projects with established companies and organizations from venture.idea. Thanks to the #essential format from Springer Gabler, this book allows you a quick start into strategic agility, including practice comments from DEHN SE, Schaeffler, Johanniter-Unfall-Hilfe e.V., Hochland and many tools and templates to apply in practice:-) //END OF AD :-)

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Nothing is more constant than change – cliché or truth? This sentence is heard very often in today's world, and I firmly believe that it should not just be an excuse for poor leadership and communication in times of change. That's why I talked to Matthias Haller from personalmagazin about the qualities that make a good leader in times of change. Because Rolls-Royce Power Systems AG is currently undergoing a transformation, as it always has been: we are constantly reviewing which areas are sustainable. We must always evolve with the market and, for example, current requirements for energy efficiency and sustainability – standing still would be disastrous. Rolls-Royce provides a convincing answer. In times of great transformation, as we are currently experiencing, leadership has its finest hour! ⭐  Employees need to understand the goal of our transformation in order to give their best and to feel psycological safe. Here, leaders need to listen, need to understand the questions and of course - also the concerns of their teams. It is important to provide security. Leadership must empower and not patronise. #performance and #humanity is not a contradiction. Many thanks to Personalmagazin for the opportunity to talk about these important topics! https://lnkd.in/e5UfU5Wk #CorporateCulture #Leadership #Transformation Generation CEO e.V.Amy Derbyshire Maria Kokkinou Alex Quinn Laura Evans Helen McCabe Christine Kirtscher Isabel Hartung Jumana Al-Sibai Alexandra Mebus Andrea Wasmuth Susan-Stefanie Breitkopf Clara Sattler de Sousa e Brito Eva Christiansen Cathryn Clüver Ashbrook Sirka Laudon Katrin Lehmann Edith Wolf Sarah Armstrong Nicola Grady-Smith Christina Sontheim-Leven Uta Anders Kathrin A.Prof. Dr. Edda FeiselSandra Schütte Tanja Faller Inga Dransfeld-Haase Michelle Liu Ariane Reinhart Kerstin WagnerDr. Jeannette von Ratibor Heike Freund Kathrin GüntherBeate Rosenthal

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A new enlightening episode of the Handelsblatt Disrupt podcast with Sebastian Matthes interviewing Yuval Noah Harari (The podcast is in English). Fits in perfectly with the crazy state of the world between AI everywhere, Musk's robots and Trump's divisive politics. The two discuss where we go from here - interesting thoughts, but not much cause for optimism. Here are a few quotes from Harari: „I read many times in history books about societies that destroy themselves, about societies that are taken over by these mass delusions and mass psychosis. But then to find myself living, actually living inside such a process, this is really terrifying.“ „It's very, very simple. If you have order and you attack this order and you don't put anything in its place, what you get is chaos. It's as simple as that. And we now have chaos agents in more and more areas around the world.“ „The few AI superpowers, they will have the ability to conquer and exploit the rest of the world in a different way. You know, in the 19th century, to dominate a colony, you needed to send in the soldiers. Now, to dominate a colony, you need to take out the data. If you control the digital infrastructure of a country and if you collect all the information on the people in that country and you also control their attention, you control that country. Imagine a situation in 20 years when somebody in China or in the US has the entire personal records, medical records, every joke people ever told, every medical test they did, every Love affair they had throughout their lives, of every journalist, every politician, every judge. (..) This country would be independent in theory, but in reality, just a data colony.“ „When you flood humans with too much information, they collapse. When you flood AI with a lot of information, it becomes better. So there are people in different places around the world today that say, this is now the golden age of totalitarianism. One hub, one center will decide everything.“ Sounds fun, doesn't it? 😳 Link down in the comments...

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Where does #Germany stand when it comes to #GenerativeAI – and what is the outlook for the future? As part of the creation of our tech tonic magazine, we had the chance to talk to Dr. Feiyu Xu, one of the leading AI experts in Germany, alumna of SAP and Lenovo and Senior Advisor to Kearney, about which companies are already leveraging GenAI and what are the key challenges. She talks about a new strategic approach to AI, the role of management and the supervisory board, the evolution of regulation, the shift to AI agents and the need for companies to get engaged. I wish you an insightful read. https://lnkd.in/e8sJxqd8

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The EU AI Act enters into force across all 27 EU Member States a week from today, on 1 August 2024, and the enforcement of the majority of its provisions will commence on 2 August 2024. The activation of the Act's most stringent articles related to 'Prohibited' uses comes into force in February 2025. Katrin-Cécile Ziegler raises an important AI perspective: 80% of industrial data is unused. (EU Commission estimate 2022). She highlights that the AI Act by no means prohibits chatbots or multimodal models but it complicates top application cases in the industry. So, why, as she questions, does the lion's share of industrial data go unused? Are, as she queries, AI and data economy really contradictory? The key challenge, as it will be in the use of AI in Coaching, Business or Organisational Psychology, or Therapy, will be 'Legal Clarity'. Until then there is reticence in using AI because of exposure to ethical and compliance related risks. Since June 2023 I've been raising that particular flag in communities of practice within coaching, mentoring and psychology and now ask those in the aforementioned fields, don't wait for the EU AI Act regulations enforcement dates to pass. Stop chewing your pencil, twirling your pen or tapping your keyboard. Follow the Collaboration Cycle steps and Initiate Connection, Conversation, Cooperation, Commitment, Collaboration, Creation and Communication. Use the momentum of Collaboration cycles and their outcomes to Engage, Embed, Embody and Evolve Ethical and Inclusive Compliance based AI principles for your clients and stakeholders, for yourself, your peers and your processes. Getting ready for the law after it has been enacted will cost you in ways that you may not be expecting. The path you are on, will it cost you or benefit you? Listen to Ziegler's #TecTalk at https://lnkd.in/dvubegqD

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No longer brand new, but still highly topical (please note): 𝗧𝗵𝗲 𝟵𝟱:𝟱 𝗿𝘂𝗹𝗲 𝗶𝘀 𝘁𝗵𝗲 𝗻𝗲𝘄 𝟲𝟬:𝟰𝟬 𝗿𝘂𝗹𝗲 𝗕𝟮𝗕 𝗺𝗮𝗿𝗸𝗲𝘁𝗲𝗿𝘀 𝘀𝗵𝗼𝘂𝗹𝗱𝗻’𝘁 𝗯𝗲 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝘁𝗶𝗺𝗲 𝗮𝗻𝗱 𝗺𝗼𝗻𝗲𝘆 𝗰𝗼𝗻𝘃𝗶𝗻𝗰𝗶𝗻𝗴 𝗼𝘂𝘁-𝗼𝗳-𝗺𝗮𝗿𝗸𝗲𝘁 𝗯𝘂𝘆𝗲𝗿𝘀 𝘁𝗼 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿 𝗮 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗯𝘂𝘁 𝗶𝗻𝘀𝘁𝗲𝗮𝗱 𝗶𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗺𝗮𝗸𝗶𝗻𝗴 𝗲𝘃𝗲𝗿𝘆 𝗯𝘂𝘆𝗲𝗿 𝗿𝗲𝗺𝗲𝗺𝗯𝗲𝗿 𝘁𝗵𝗲𝗶𝗿 𝗯𝗿𝗮𝗻𝗱 𝗻𝗲𝘅𝘁 𝘁𝗶𝗺𝗲 𝘁𝗵𝗲𝘆 𝗻𝗲𝗲𝗱 𝗶𝘁𝘀 𝗽𝗿𝗼𝗱𝘂𝗰𝘁. «According to Professor John Dawes of the Ehrenberg-Bass Institute, only 5% of B2B buyers are in-market to buy right now. That means 95% of the buyers that you reach are out-of-market and won’t buy for months or even years. And, contrary to popular belief, you cannot persuade the buyer to go in-market because they already have what you’re selling and won’t need a newer version any time soon. «Effective marketing increases future sales in future buying situations. How? By increasing the probability that the brand comes to mind when the buyer goes in-market. Simply put, the brand that gets remembered is the brand that gets bought. You can’t push buyers down a funnel, but you can, to quote Professor Jenni Romaniuk, “catch buyers as they fall”.» #BrainBranded #JanOliverHess

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𝗦𝗮𝘅𝗼𝗻𝘆'𝘀 𝟰𝟬-𝗛𝗼𝘂𝗿 𝗪𝗼𝗿𝗸 𝗪𝗲𝗲𝗸 𝗣𝘂𝘀𝗵: 𝗔 𝗦𝘁𝗲𝗽 𝗕𝗮𝗰𝗸 𝗳𝗼𝗿 𝗪𝗼𝗿𝗸-𝗟𝗶𝗳𝗲 𝗕𝗮𝗹𝗮𝗻𝗰𝗲? Hey CEOs, brace for this: Saxony's Minister President Michael Kretschmer is pushing for a full-throttle 40-hour work week across Germany. He is dialing back on part-time work as a way to ramp up productivity. "𝘗𝘢𝘳𝘵-𝘵𝘪𝘮𝘦 𝘮𝘶𝘴𝘵 𝘣𝘦 𝘵𝘩𝘦 𝘦𝘹𝘤𝘦𝘱𝘵𝘪𝘰𝘯," he claims, aiming to pivot from the flexibility many have come to expect and need. This is more than a policy shift; it's a cultural rewind to a time when work defined life, not the other way around. While Kretschmer dresses it up as economic salvation, this isn't just a minor tweak but a major step back. In a world that's increasingly valuing work-life balance, caring responsibilities, and personal well-being, forcing everyone into a 40-hour mold could crush the progress made towards a more balanced, inclusive workforce. Over half of the women in Germany worked part-time last year, many to manage childcare. 𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝘁𝗼 𝘁𝗵𝗲𝗺 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗿𝗶𝗴𝗶𝗱 𝘄𝗼𝗿𝗸 𝗿𝗲𝗴𝗶𝗺𝗲? This isn't just about hours on a clock. it's ab CEOs, how about we ensure our policies add value to our teams' lives rather than stripping them away? Let's champion flexibility and innovation, not restrict it.

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🇪🇺🆔 eIDAS 2 Status Tracker - Germany ⏸️: Potential delays following the break up of the Federal Government Coalition on November 6. Several implementing acts might sit in a holding pattern until a new government will be making required decisions. The „Scholz paper“ (agenda for economic growth and jobs) of Nov 6 - which was part of the coalition break up reasons - did not include hints on digital topics being a major priority, unlike strengthening national defense an stimulation of the economy. ⏸️ eIDAS Implementation Act II Status: Stakeholder consultation statements to be reviewed, followed by a cabinet decision. ❓ Implementation measures planned for early 2025 threatened by open budget situation. To be clarified from stakeholder consultation for example: Associations such as InsureLab are calling for the deletion of Section 12 Paragraph 1 Sentence 3 GwG within the framework of Article 5. Read the statements: https://lnkd.in/eFrY7EqQ ⏸️ NIS-2 Implementation Act Status: Overdue EU deadline expired - Committee consultation pending. ❓ Entry into force in March 2025 questionable. Christian Democrats might re-use their suggestions once they formed a new government after the election. Pre-election compromise unlikely when this posting was written on November 9. #eIDAS #eIDAS2 #NIS #DigitalIdentity #DigitaleIdentität

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Personalization is like dating – it gets better the more you get to know each other! ❤️ Do you wanna know why and how? From Jessica Liu from Forrester, I learned at the #PersonalizationPioneers Conference in Berlin these days that many people have a misguided view of personalization. Often, we think personalization is a one-time task: a user enters the platform, and after a few clicks, we instantly know what they need. But true personalization works differently. Successful personalization is a continuous process, evolving over multiple interactions. Each "contact" is a new "getting to know you" moment, deepening the understanding of the users preferences – much like dating! 😍 Platforms like Netflix or Spotify are great examples - which you might know already. First their recommendations are based on general trends or broad interests. But with each use the system learns more and makes increasingly better recommendations. E-commerce platform like yes - Amazon - work similarly. They might start with bestsellers e.g. or women/men segmentation but over time, they begin suggesting products tailored specifically to the individual. So what key elements that are necessary for successful personalization? I took Jessica Liu insights and added one point: 1. Develop a strategy: Define a clear vision and let your customers guide where personalized experiences make sense. 2. Identify data: Audit what data is available or missing to enable personalized moments. 3. Activate technology: Choose the right technologies to bring personalized experiences to life. 4. Continuous measurement and optimization: Establish a process to monitor and adjust your personalization efforts over time. 5. Integrate feedback loops: Regularly gather user feedback to better understand their needs and fine-tune personalization - (Go and do Discovery) Personalization should not be a one-time shot, but a consistent learning journey. Every click, every search, every session adds a new piece to the puzzle. If you wanna get more concrete insights about how you can implement a personalization strategy or how you can do more Discovery -get in contact with me or Dr. Julia Engelmann and comment "yes I want". #personalizationstrategy #customerexperience #data #strategy #konversionsKraft #personalisierung #personalization

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When does AI make sense – and when is not? Sharing my interview with Inpact Mediaverlag: “Hi ChatGPT. Can you tell me why so many people are skeptical about you?” Of course, AI knows the answer: "Many people fear that AI and automation could replace their jobs." That is indeed a good question. But the skepticism of many people reaches even deeper. Even into the deepest level of feelings. And there's no AI. This is what researchers have recently determined in a study. If the term "AI" appears in connection with a product, it now deters customers rather than convincing them to buy, Renata Thiebaut, professor of e-commerce at the Gisma University of Applied Sciences, has found out. The expert assumes that consumers prefer human interaction with a product over AI. "In my experience, the problem is that consumers don't just buy products, but invest in an emotional connection and the experiences that certain products and brands offer them," says Thiebaut. "I recognize a strong resonance between consumers and topics such as sustainability, fair trade and inclusiveness." These led to a purchase decision rather than "AI". You can read the full interview here: https://lnkd.in/eByWu6hA #artificialintelligence #ai #tech #trchnology #chatgpt #ecommerce

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Great visualization at exactly the right time!

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🙋🏻‍♀️ 𝙒𝙤𝙢𝙚𝙣 𝙣𝙚𝙚𝙙 … 𝙍𝙤𝙡𝙚𝙢𝙤𝙙𝙚𝙡𝙨, 𝙁𝙪𝙣𝙙𝙨 & 𝙑𝙞𝙨𝙞𝙗𝙞𝙡𝙞𝙩𝙮 ! 𝙒𝙝𝙮? 💡Even though women make 50% of our population, only 2 out of 10 women found a company in Germany. 💰Only 2% of Venture Capital goes into female founded companies. 👩🏻‍💻Only 15% of senior partners in VC firms are women. 📑 In the Innovation Agenda of the Startup-Verband we set the objective that every third startup in Germany should have a female co-founder by 2030. For this we need: 👉🏽 Visibility of female founders and investors through media, publications and networks such 2hearts, the Evangelistas, STRIVE Magazine, FRAUEN100 and many more. 👉🏽 Role Models and mentors who are willing to support and empower women who want to found or are already running their own company. 👉🏽 Funding into female founded companies supported by an increased number of senior female partners in VC firms and investment roles at large. 🙏🏽 Thank you Welt, Katja Deutsch, Alia Fahda (Contentway GmbH) for the important conversation on how to support and empower women in the German economy with focus on tech and startups! 🗞️ Link to the entire publication in the comments. #Gründergeist #Innovation #FemaleFounders #VentureCapital #Diversity

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Audrey Tang left school at 14. Founded her first IT company at 15. And without anyone knowing her age, she communicated with the #greats of #computer #science all over the world - via the #internet, which was still relatively new at the time. In the latest episode of #HandelsblattDisrupt, editor-in-chief Sebastian Matthes discusses how she, a former #civic #hacker, managed to implement some of the most critical #democratic measures  as #Taiwan’s  first #nonbinary and first #minister for #digitalaffairs. If you’re interested in just how #technology can advance #democracy, and how relatively simple means can engage large groups of citizens in legislative processes and thus increase trust in government, listen in, and also check out Audrey’s new book "#PLURALITY: The future of #collaborative # technology and democracy" The #message: There's hope - and examples - that technology doesn't need to lead to a global tech dystopia but can enlighten, inspire, and invite citizens to actively participate in the #shaping of the #future. https//:professional-podcasts.com We help create great podcasts! #disruption #technology #trust #AI #participation #democracy #digitization #access

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// CONGRATULATIONS GERMAN 'GRUNDGESETZ' An emotional day for me. Today, May 23 marks the 75th anniversary of the 'German Grundgesetz'. As the foundation of coexistence in a free and democratic constitutional state, it protects all people equally by comprehensively enshrining basic democratic values. When I did my politics A-levels during my school even exam (Abi), Article 1 - the very first article - was always my favorite sentence of the Grundgesetz "Die Würde des Menschen ist unantastbar." "Human dignity is inviolable." It is a far-reaching guarantee, and the protection of human dignity cannot even be overridden by parliament, but is subject to the so-called eternity guarantee, which can be found in Article 79(3) of the German constitution. Congratulations Grundgesetz. Here's to the future! #75JahreGrundgesetz #Democracy #GermanConstitution

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Wow. Leaving Munich after a day packed with content, experience sharing and inspiration I am reflecting on my key takeaways. ✔ Technology innovation is happening at unprecedented speed and the time to reach AGI (Artificial General Intelligence) is most likely rather limited. Potentials are just enormous incl. healing the most serious diseases or finding solutions for climate change. ✔ Despite some of the impediments in "Real-life Enterprise IT" most of our clients have left the PoV stage of implementing GenAI-enabled use cases and start to scale – with first impressive results. ✔ Everybody agreed on the biggest challenge: How do we bring our employees along this change journey of unprecedented speed? That is regarded as the most critical success factor – and that's why we put the Tech Revolution Summit 2024 under the Claim "Humanizing Technology." Many thanks for to all speakers, partners and participants for the valuable insights and reflections. See you all very soon - latest again at Tech Revolution Summit 2025 #TechRevolutionSummit2024 #HumanizingTech Accenture DACH Christina Raab Tobias Regenfuss Dr. Jochen Malinowski Sandrine Dixson-Declève Annette Hamann Kathrin Schwan Mira Schwartz Thomas Schumacher Enno Danke Tania Rebuzzi Nils Müller-Sheffer Mike Buettner Thilo Trautvetter Mario Putnik Andrea Raab Felix Klemm Gro Blindheim Joern Rehbock Christian Altrock Alfons Rensmann Tobias Abt Marcel Spillmann Sebastian Frieder Loew

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PRUSSIAN🇺🇸DEBTS Historic Contribution. “Politics is the art of the possible, the attainable — the art of the next best." —Otto von Bismarck (1815-1898) Join my historian friend 😎Tim and I on an exciting journey where we harness the power of meta-manifestation through the art of the possible. As far as I can tell, the mission here on LinkedIn is to share dreams and make them a reality, especially by learning from history. Together, we look back to move forward, drawing inspiration from the visionaries and leaders who dared to dream and transform their world. Tim shared today about the great Baron von Steuben, whose contributions were pivotal in transforming the Continental Army into a disciplined fighting force. Beyond this direct impact, several other elements of Prussian influence can be identified in America's operating model. PUBLIC EDUCATION, in the United States, owes much to the Prussian model of compulsory public education. Horace Mann, often called the "Father of American Public Education," admired and adapted the Prussian educational system's emphasis on standardized curricula and professional teacher training. “In war, the simplest things become very difficult.” —Carl von Clausewitz (1780-1831) Similarly, the MERIT-BASED CIVIL SERVICE system in the U.S. was influenced by the Prussian model. The Pendleton Civil Service Reform Act of 1883 aimed to curb corruption and introduce merit-based hiring and promotion, echoing the efficient and professional standards of Prussian civil administration. “The world is not so rich with opportunities that one should waste them.” —Ludwig Yorck von Wartenburg (1759-1830) The concept of SOCIAL INSURANCE programs in the United States, including Social Security, drew inspiration from the welfare policies introduced in Germany under Chancellor Otto von Bismarck. Cultural and scientific contributions from Prussian figures such as IMMANUEL KANT and ALEXANDER VON HUMBOLDT have profoundly shaped Western thought and scientific exploration. “The strong man is strongest when alone.” —Friedrich Schiller (1759-1805) The Prussian legal system, with its emphasis on a CODIFIED LEGAL FRAMEWORK, significantly impacted modern legal systems in Europe and the United States. In terms of military innovations, the GENERAL STAFF SYSTEM developed by Helmuth von Moltke the Elder revolutionized military planning and strategy, influencing modern militaries worldwide. Prussia was a pioneer with initiatives like the COMPULSORY SMALLPOX VACCINATION introduced in 1810, one of the earliest instances of state-mandated vaccination programs, setting a standard for modern public health policies. These diverse contributions underscore the extensive legacy of Prussian ideas and systems in shaping contemporary Western societies. "Science is organized knowledge. Wisdom is organized life." —Immanuel Kant (1724-1804) __ #CulturalRuliad 📚 #PrussianHistory ⚔️ #MilitaryLegacy 🎓 #EducationRoots 🏛️🎩 #PoliticalImpact 📖

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𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗩𝗶𝘀𝗶𝗼𝗻 𝗶𝗻 𝗧𝗶𝗺𝗲𝘀 𝗼𝗳 𝗖𝗿𝗶𝘀𝗶𝘀 🏹  Germany is facing a crisis: a declining economy, mass layoffs, and low confidence—largely self-inflicted. Investment is low, regulation is high, and decisive action on digitalisation is lacking. Three rival consulting giants #McKinsey, #BCG and #RolandBerger just did something unprecedented: They joined forces to craft a vision for Germany's future called Agenda 2035. This isn’t just a strategy—it’s a blueprint for #leadership in times of crisis. Typically, a #vision starts with an assessment of the current situation, followed by the definition of a goal and a mission statement. in other words: ✅ Where do we want to go? ✅ What do we stand for? ✅ What do we do and why? Their response in the Agenda 2023 is surprisingly straightforward: ➡️ Strengthen 4 core industries (Mechanical engineering, the automotive industry, the chemical and pharmaceutical industry, information technology, as well as the steel and metal production sectors.) ➡️ Develop 4 future sectors (AI, green tech, health tech, mobility). What makes this agenda remarkable is how it delivers lessons for all leaders for crafting a vision: 1️⃣ Focus: The agenda balances ambition with clear priorities, targeting what matters most for sustainable growth. 2️⃣ Collaboration over Competition: Rival firms united to solve a national crisis—a testament to the power of shared vision. 3️⃣ Vision Backed by Action: It doesn’t stop at ideas. Agenda 2035 includes actionable plans, measurable goals, and timelines. The key takeaway? A strong vision inspires action. Whether you’re leading a country or a company, the formula is the same: Set bold goals. Build partnerships. Execute relentlessly. Germany’s crisis is serious, but so the opportunity to rise is stronger. The time for action is now. PS At the Startup-Verband, we know the power of clear vision. That’s why we developed the Innovation Agenda 2030—a plan to make Germany a leader in digital transformation ➡️ https://lnkd.in/dsYXQchH #Leadership #Vision #Innovation #GermanEconomy #Agenda2035

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Frustration in Germany boils over You might not expect a speech by Deutsche Börse chief executive Theodor Weimer to become the latest viral piece on Twitter, and yet this reflects on the extreme frustration business leaders in the former powerhouse of Europe are now facing. Weimer noted that international investors find the government in Berlin "stupid," and he exclaimed that this view is shared by leading industry in #Germany today. “Our image was never as bad as it is now,” he said. Weimer noted that international investment was only flowing into German companies because they were so undervalued. “We’ve become a junk shop,” he said. The Financial Times noted "He said he had held 18 meetings with Robert Habeck, the economy minister from the Green party, and “I can tell you: it’s an utter disaster”. Weimer also criticized the government for "Destroying" the vital automotive industry and savaged government policies with he said are leading to the largest economy in the EU becoming a "developing country." Germany was the worst performing major economy in the world last year, and for 2024 GDP is projected to grow at less than 0.3%. Criticism was levelled at growing skills shortages, excessive bureaucracy, high energy prices, and heavy tax burdens. A spokesman for Deutsche Börse described Weimer as a “man of clear words” who is “not known for putting lipstick on the pig”. Weimer is a former Goldman Sachs banker and was the CEO of HypoVereinsbank. In the European elections over the weekend, all three parties in the current Scholz coalition government were overtaken by the far right party Alternative for Germany (AfD) which has campaigned on forced deportation of German citizens with foreign backgrounds and highly nationalistic populist economic policies as well as pro-russian support. German magazine Der Spiegel reported in April that AfD had received Russian propaganda money, and a Chinese spy drafted a "manifesto" for the party. Staff of the AfD were recently arrested on suspicion of spying for China, and the number two party leader is under investigation for corruption. “This is a super result . . . a record result,” said party co-leader Tino Chrupalla. “Our voters remained loyal to us and we beat the party of the chancellor, the Greens and the liberals.” Scholz's fragile coalition suffered what pollsters have described as a "disaster" and the Social Democrats (SPD) received their worst ever result with just 14 percent of voters supporting them. Meanwhile in #Italy Prime Minister Giorgia Meloni was a clear winner with 28.6% of the vote. Meloni remarked at a speech on Monday "Italy presents itself at the G7 and in Europe with the government that is strongest of all." “Kiss goodbye to the European Green Deal,” said Simon Hix, politics professor at the European University Institute in Florence. How well does your #Strategy address shifting geopolitical trends in the EU and beyond? https://lnkd.in/dEPXrNMR

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