Leading in Transition
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Geschäftsbericht 2017
Geschäftsbericht BOSCH IN ZAHLEN 2017 78,1 Rund 440 Tochter- und Regionalgesellschaften in 60 Ländern Milliarden Euro Aufwendun- Milliarden Euro Ergebnis im Jahr 2017 7, 3gen für Forschung und Ent- 125 wicklung Entwicklungsstandorte weltweit BOSCH 4,9 IN ZAHLEN 78,1Milliarden Euro Umsatz im Jahr 2017 Rund 402 000 Mitarbeiterinnen und Mitarbeiter weltweit Die Bosch-Gruppe Die Bosch-Gruppe ist ein international führendes Technologie- und Dienstleis- tungsunternehmen mit weltweit rund 402 000 Mitarbeitern (Stand: 31.12.2017). Sie erwirtschaftete im Geschäftsjahr 2017 einen Umsatz von 78,1 Milliarden Euro. Die Aktivitäten gliedern sich in die vier Unternehmensbereiche Mobility Solutions, Industrial Technology, Consumer Goods sowie Energy and Building Technology. Als führender Anbieter im Internet der Dinge (IoT) bietet Bosch innovative Lösun- gen für Smart Home, Smart City, Connected Mobility und Industrie 4.0. Mit seiner Kompetenz in Sensorik, Software und Services sowie der eigenen IoT Cloud ist das Unternehmen in der Lage, seinen Kunden vernetzte und domänenübergreifende Lösungen aus einer Hand anzubieten. Strategisches Ziel der Bosch-Gruppe sind Lösungen für das vernetzte Leben. Mit innovativen und begeisternden Produkten und Dienstleistungen verbessert Bosch weltweit die Lebensqualität der Menschen. Bosch bietet „Technik fürs Leben“. Die Bosch-Gruppe umfasst die Robert Bosch GmbH und ihre rund 440 Tochter- und Regionalgesellschaften in 60 Ländern. Inklusive Handels- und Dienstleistungspartnern erstreckt sich der weltweite Fertigungs-, Entwicklungs- und Vertriebsverbund von Bosch über fast alle Länder der Welt. Basis für künftiges Wachstum ist die Innovationskraft des Unternehmens. Bosch beschäftigt weltweit rund 64 500 Mitarbeiter in Forschung und Entwicklung an 125 Standorten. Das Unternehmen wurde 1886 als „Werkstätte für Feinmechanik und Elektrotechnik“ von Robert Bosch (1861–1942) in Stuttgart gegründet. -
Geschäftsbericht 2009 the Crea Annual Report 2009
Robert Bosch GmbH Postfach 10 60 50 70049 Stuttgart An engineer and a lover of nature Germany Annual Report 2009 The Bosch Vision Phone +49 711 811- 0 Geschäftsbericht 2009 Fax +49 711 811- 6630 Creating value – sharing values In the fall of 1876, at the age of 15, Robert Bosch entered into www.bosch.com an apprenticeship as a precision mechanic – on his father’s Printed in Germany As a leading technology and services company, we take advan- advice. However, as he later noted in his memoirs in 1921, at tage of our global opportunities for a strong and meaningful that time he had actually felt a stronger inclination toward development. Our ambition is to enhance the quality of life with zoology and botany. In his formative years, he was fascinated solutions that are both innovative and benefi cial. We focus on by the plant and animal world, and passion and respect for our core competencies in automotive and industrial technologies nature were to remain throughout his life. as well as in products and services for professional and private use. This affi nity for nature so deeply ingrained in Robert Bosch stemmed in large part from the values his parents had in- If we want to work We strive for sustained economic success and a leading market stilled in him, as well as from the countryside where he grew successfully as a position in all that we do. Entrepreneurial freedom and fi nancial up. And it remained a defi ning force in his worldview after team in a globalized independence allow our actions to be guided by a long-term he went into business. -
Corporate Cultures in Global Interaction
Corporate Cultures in Global Interaction People, Strategies, and Success Petra Köppel, Stefanie Sohm Contents 4 Preface 6 Corporate Cultures in Global Interaction: An Introduction 10 Project Module I: Corporate Governance and International Value Chains 16 Project Module II: Cooperation Competence–Improving Cooperation between International Corporations 22 Discussing Corporate Culture: Dr. Jürgen Hambrecht, Chairman of BASF SE 26 Project Module III: Chinese Companies in Germany–Chances and Challenges 32 Project Module IV: Diversity Management as a critical success factor in globally operating corporations 38 Discussing Corporate Culture: Franz Fehrenbach, Chairman of Robert Bosch GmbH 42 Case Study: Post-merger Integration and Corporate Culture 44 Case Study: Critical Success Factors in Virtual Cooperation 46 Corporate Cultures and Global Interaction: The Way Ahead 48 Resources 3 Preface Leadership and responsibility in a globalized world: Integrating people and respecting their cultures Executives and employees are nowadays national networks in which synergies can be confronted with challenges which only a few exploited as and when needed and even on a decades ago would have been difficult to predict temporary basis in the case of specific products, and hard to imagine. In addition to the deve- customers or markets will become increasingly lopment of new technologies, globalization in important. Innovative technologies and forms of particular has led to serious upheavals in the communication will contribute to this process economies and societies of both industrialized and help to accelerate it. However, they will countries and the emerging economies. not only facilitate international cooperation and bring together colleagues around the globe. They Thus we living neither in a European nor in will also lead to a situation where, in view of the an American century, nor, for that matter, in speed and the scale of the changes, many people an Asian century. -
Thyssenkrupp Annual Report 2014
2013_2014 ANNUAL REPORT THYSSENKRUPP AG Developing the future. C2 ThyssenKrupp in figures ThyssenKrupp in figures The Group in figures 1) Group total Continuing operations Change Change 2012/2013 2013/2014 Change in % 2012/2013 2013/2014 Change in % Order intake million € 39,774 41,416 1,642 4 38,636 41,416 2,780 7 Net sales total million € 39,782 41,304 1,522 4 38,559 41,304 2,745 7 EBITDA million € 1,212 2,274 1,062 88 1,154 2,088 934 81 EBIT million € (552) 1,151 1,703 ++ (608) 965 1,573 ++ EBIT margin % (1.4) 2.8 4.2 — (1.6) 2.3 3.9 — Adjusted EBIT million € 517 1,333 816 158 586 1,333 747 127 Adjusted EBIT margin % 1.3 3.2 1.9 — 1.5 3.2 1.7 — EBT million € (1,648) 428 2,076 ++ (1,706) 242 1,948 ++ Net income/(loss) / Income/(loss) (net of tax) million € (1,576) 195 1,771 ++ (1,629) 9 1,638 ++ attributable to ThyssenKrupp AG's shareholders million € (1,436) 210 1,646 ++ (1,490) 24 1,514 ++ Basic earnings per share € (2.79) 0.38 3.17 ++ (2.90) 0.04 2.94 ++ Operating cash flow million € 786 887 101 13 981 887 (94) (10) Cash flow for investments million € (1,411) (1,141) 270 19 (1,313) (1,141) 172 13 Free cash flow before divestments million € (625) (254) 371 59 (332) (254) 78 23 Cash flow from divestments million € 1,221 1,053 (168) (14) 1,221 1,053 (168) (14) Free cash flow million € 596 799 203 34 889 799 (90) (10) Employees (September 30) 156,856 160,745 3,889 2 156,856 160,745 3,889 2 Germany 58,164 59,783 1,619 3 58,164 59,783 1,619 3 Abroad 98,692 100,962 2,270 2 98,692 100,962 2,270 2 Dividend per share € — 0.11 2) — — Dividend payout million € — 62 2) — — ROCE % (3.8) 9.0 12.8 — ThyssenKrupp Value Added million € (1,865) 5 1,870 ++ Net financial debt (September 30) million € 5,038 3,488 (1,550) (31) Total equity (September 30) million € 2,512 3,199 687 27 Gearing % 200.6 109.0 (91.6) — 1) The prior-year figures have been adjusted due to the adoption of IAS 19R and the catch-up of depreciation for Berco (cf. -
Mandates of the Supervisory Board
204 Corporate MEMBERS OF THE Dr. jur. Karl-Ludwig Kley (b.1951) Governance Member since 2008, elected until the AGM 2021 Members of the SUPERVISORY BOARD Deputy Chairman of the Supervisory Board Supervisory Board Chairman of the Supervisory Board of E.ON SE and of the Deutsche Lufthansa Aktiengesellschaft Mandates E.ON SE, Chairman Deutsche Lufthansa Aktiengesellschaft, Chairman Dr.-ing. Dr.-ing. E. h. norbert Reithofer (b.1956) Member since 2015, elected until the Annual General Meeting (AGM) 2020 christiane Benner 2 (b.1968) Chairman of the Supervisory Board Member since 2014, elected until the AGM 2024 Former Chairman of the Board of Second Chairwoman of IG Metall Management of BMW AG Mandates Mandates Continental AG, Deputy Chairwoman Siemens Aktiengesellschaft Henkel AG & Co. KGaA (Shareholders’ Committee) Dr. rer. pol. Kurt Bock (b.1958) Member since 2018, elected until the AGM 2023 Manfred Schoch 1 (b.1955) Former Chairman of the Board of Member since 1988, elected until the AGM 2024 Management of BASF SE Deputy Chairman of the Supervisory Board Mandates Chairman of the European FUCHS PETROLUB SE, Chairman and General Works Council (since 7 May 2019) Industrial Engineer Fresenius Management SE ♦ Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich Stefan Quandt (b.1966) Member since 1997, elected until the AGM 2024 Deputy Chairman of the Supervisory Board Verena zu Dohna-Jaeger 2 (b.1975) Entrepreneur Member since 16 May 2019, Mandates elected until the AGM 2024 DELTON Health AG ♦, Chairman Department head with the Executive Board of DELTON Technology SE ♦, Chairman IG Metall Frankfurter Allgemeine Zeitung GmbH ♦ Mandates (since 24 June 2019) ABB AG AQTON SE ♦, Chairman Entrust Datacard Corp.♦ Franz Haniel (b.1955) Member since 2004 until 16 May 2019 Stefan Schmid 1 (b.1965) Entrepreneur Member since 2007, elected until the AGM 2024 Mandates Deputy Chairman of the Supervisory Board Franz Haniel & Cie. -
ICGN Frankfurt Conference Hosted by the Deutsche Börse in Partnership with Deutsches Aktieninstitut & Frankfurt Main Financ
ICGN Frankfurt Conference Hosted by the Deutsche Börse in partnership with Deutsches Aktieninstitut & Frankfurt Main Finance German corporate governance in the context of global capital markets 7 - 8 March, 2016 Welcome Reception: Monday, 7 March 2016 17:30 – 19:30 Welcome Reception kindly sponsored by IVOX Glass Lewis Frank Klaas, Managing Director Global Public Affairs, Deutsche Börse, Germany Dr. Alexander Juschus, General Manager, IVOX GlassLewis, Germany Tuesday, 8 March 2016 07:30 – 09:00 Breakfast Networking 07:30 – 08.45 Breakfast Debate: Integrating environmental, social and governance factors for informed investment decision-making, hosted by Sustainalytics A growing number of institutional investors recognise that good governance and prudent management of an investment portfolio requires the consideration of a range of environmental, social and governance factors. This panel shares perspectives from some of Europe’s most influential investors already developing and implementing responsible investment strategies and ESG performance indicators. Andreas Feiner, Head of ESG Research and Advisory, Arabesque Asset Management, Germany Ian Horn, Credit Analyst, Muzinich & Co, UK Claudia Kruse, Managing Director Governance & Sustainability, APG Asset Management, Netherlands Chaired by Michael Jantzi, Chief Executive Officer, Sustainalytics, Canada PRIVATE Debate: Bridging the gap - enhancing dialogue between audit committees, investors and auditors to improve audit quality hosted by KPMG How can we strengthen the role of audit committees with respect to audit as envisaged in the EU audit reform? How do you define audit quality, how can quality be assessed and to what extent can audit committee’s influence it. How useful if the extended auditor report and how can communication between board and investors on such matters be improved? Ingmar Rega, Chief Performance Officer, KPMG, Germany 09:00 – 09:10 Conference Introduction Erik Breen, ICGN Chairman, Netherlands 09:10 – 09:30 Opening Address Dr. -
CEFS Newsletter Quartal 4 20
Zur Online-Version dieser E-Mail - Abmelden / Unsubscribe CEFS Newsletter Quarter 4/2011 16.12.2011 Dear $$academic title$$ $$first name$$ Content $$last name$$, News in this issue of our newsletter you will find news, Publications information on a selection of current CEFS projects, Awards and Scholarships publications, conference contributions, CEFS member news as well as a variety of announcements. For additional Events information, please visit our website at http://www.cefs.de or contact us at [email protected]. Future Events CEFS Member News CEFS e.V. NEWS: GEX under pressure, DAXplus Family follows market In 2011, German entrepreneurial firms were under pressure. As compared to the DAX 30 index of German blue chip stocks which lost 15 percent from January 2011 to the beginning of December, the German Entrepreneurial Index (GEX®) lost 38 percent within the same time frame. The German Entrepreneurial Index (GEX®) represents entrepreneurial owner-managed firms in Germany which have not been listed for more than ten years. The index is computed by Deutsche Börse and was developed in cooperation with CEFS. The development of the DAXplus Family 30 index was similar to the DAX 30 blue chip index. The German family firm index lost about 18 percent of its value from January 2011 until the beginning of December. During 2011, co-movement of DAX and DAXplus family was observable to a great extent. The DAXplus Family consists of German Prime Standard firms with founding family ownership of at least 25% of voting rights or a minimum of 5% of voting rights and at least one family representative being part of the management or supervisory board. -
Participants
Meeting of the TransAtlantic Business Dialogue Friday, January 25, 2013 Note of the Meeting The TransAtlantic Business Dialogue (TABD) convened its first meeting under the new banner of the Transatlantic Business Council (TBC) in Davos, Switzerland, on Friday, January 25 on the margins of the World Economic Forum. TABD members and observers met with senior level U.S. Government and EU Commission officials, Irish Prime Minister Enda Kenny, and OECD Secretary General Ángel Gurría. TABD was most interested in learning the status of the High Level Working Group’s deliberations for a EU-U.S. trade agreement, and in sharing TABD priorities on how to shape such a transatlantic economic pact. Participants TABD Members Mark Spelman, Accenture; Sir Michael Rake, BT; Phillip Harrington, CA Technologies; Ambassador Stuart Eizenstat, Covington & Burling; James Quigley, Deloitte; Sven Oehme, EABO; Beth Brooke, Ernst & Young; Jürgen Thumann, Heitkamp & Thumann; Hans Stråberg, Jacob Wallenberg, Investor AB; Alan Buckle, KPMG; Geralyn Ritter, Merck; Brad Smith, Microsoft; Dr. Harry Hendriks, Philips; Peter Solmssen, Siemens; Tim Bennett, Transatlantic Business Council; Dr. Heinrich Hiesinger, ThyssenKrupp; Marc Grynberg, Umicore; Special Guests Prime Minister Enda Kenny, Republic of Ireland Ángel Gurría, Secretary General, OECD Business–Government Dialogue Jean-Luc Demarty, European Commission Michael Froman, White House Jon Leibowitz, Federal Trade Commission Marc Vanheukelen, European Commission Observers Brian Ager, European Roundtable of Industrialists Tom Donohue, U.S. Chamber of Commerce 1 Opening Session with Enda Kenny, Prime Minister of Ireland Prime Minister Kenny greeted all members and guests personally before opening the discussion with an unfettered endorsement of an EU-U.S. trade agreement. -
Corporate Social Responsibility Report 2007/2008 Timeline
Corporate Social Responsibility Report 2007/2008 Timeline With the acquisition of Florida Heat As a founding member of a technology Pump Company (FHP), a leading U.S. initiative launched by the German manufacturer of electric heat pumps, Federal Ministry of Education and Bosch strengthens its renewable Research (BMBF), Bosch enters the energies business, an area with a highly promising area of organic promising future. photovoltaics. At the “High-Tech Meeting” in Schwie- berdingen, Germany, 500 budding engi- neers are given an insight into research and development at Bosch. IV/2006 I/2007 II/2007 III/2007 Bosch is awarded first prize The start-stop system for reducing Bosch establishes an endowed for equal opportunities fuel consumption and cutting emis- chair at the University of (Baden-Württemberg state sions from vehicles goes into series Stanford (California, U.S.). competition). production. Franz Fehrenbach, chair- Under the auspices of the Bosch researchers man of the Bosch board of “Wissensfabrik – Unternehmen für Andrea Urban and management, is named Eco- Deutschland” (Knowledge Factory Dr. Franz Lärmer are manager of the year by the – Companies for Germany) initia- named “European Inven- business magazine Capital tive, the Bosch Group enters into tors of the Year” by the and the environment founda- three educational partnerships. EU Commission and the tion WWF Deutschland. European Patent Office. Bosch joins the Alliance for Synthetic Fuels in Europe (ASFE). About this report In this, our second, corporate The focal points of this report Bosch Group, spanning more than social responsibility report, we have been set with the aforemen- 60 countries around the world. -
ZF Presseinformation
PRESSE-INFORMATION PRESS RELEASE Seite 1/2, 1. Dezember 2020 Dr. Heinrich Hiesinger wird Mitglied des Aufsichtsrats der ZF Friedrichshafen AG • Hauptversammlung wählt Heinrich Hiesinger als Nachfolger von Ernst Baumann • Neubesetzung erfolgt zum 1. Januar 2021 Friedrichshafen. Die Hauptversammlung der ZF Friedrichshafen AG hat Dr. Heinrich Hiesinger, 60, als Vertreter der Anteilseigner in den Aufsichtsrat des Unternehmens gewählt. Hiesinger folgt zum 1. Januar 2021 auf Ernst Baumann, 72, der das Gremium nach acht Jahren auf eigenen Wunsch verlässt. Dr. Heinrich Hiesinger gilt als ausgewiesener Experte und Kenner der Industrielandschaft und verfügt über langjährige Expertise als Vorstandsvorsitzender und Vorstandsmitglied namhafter Konzerne. Die Vertreter der beiden ZF-Gesellschafter begrüßen, dass Hiesinger das Aufsichtsgremium von ZF verstärkt. Die Zeppelin-Stiftung ist mit 93,8 Prozent Hauptgesellschafter der ZF Friedrichshafen AG und wird von Andreas Brand, Oberbürgermeister der Stadt Friedrichshafen und Vorsitzender des Stiftungsrats der Zeppelin-Stiftung, im Aufsichtsrat vertreten. 6,2 Prozent der Aktien werden von der Ulderup-Stiftung gehalten, die von Dr. Jochen Meinecke vertreten wird. Hiesinger hatte nach der Promotion im Fachgebiet Elektrotechnik an der TU München seine Karriere 1992 im Siemens-Konzern begonnen, für den er bis 2010 in verschiedenen Funktionen und Unternehmensbereichen im In- und Ausland tätig war. Im selben Jahr wechselte er zur Thyssen-Krupp AG nach Essen als stellvertretender Vorsitzender des Vorstands; von 2011 bis 2018 führte er das Unternehmen als Vorstandsvorsitzender. In dieser Zeit amtierte Hiesinger auch als Vizepräsident des Bundesverbands der deutschen Industrie (BDI). Neben seinem Mandat bei ZF gehört Hiesinger den Aufsichtsräten der BMW AG, der Deutschen Post AG und der Fresenius Management SE an. -
Information on the Supervisory Board Candidates Proposed for Election Under Item 6 of the Agenda for the Annual Shareholders’ Meeting on May 3, 2019
Data according to Article 9 of the SE Regulation in combination with Section 125(1) of the German Stock Corporation Act and Number 5.4.1 Paragraphs 4 to 6 of the German Corporate Governance Code and further information on the Supervisory Board candidates proposed for election under Item 6 of the Agenda for the Annual Shareholders’ Meeting on May 3, 2019 Prof. Dr. Thomas Carell Professor for Organic Chemistry at Ludwig Maximilian University Munich Personal data Place of residence: Munich, Germany Born: April 26, 1966 in Herford, Germany Nationality: German First-time candidate for the Supervisory Board of BASF SE Education and training 1985 until 1998: Studied chemistry at the University of Münster, Germany; Doctoral thesis at the Max Planck Institute for Medical Research in Heidelberg, Germany; doctorate in organic chemistry from the University of Heidelberg, Germany; Postdoc at Massachusetts Institute of Technology, Cambridge, Massachusetts; Research group leader and habilitation at the Laboratory for Organic Chemistry at the Swiss Federal Institute of Technology Zurich (ETH), Switzerland Professional career since 2004: Full Professor for Organic Chemistry at Ludwig Maximilian University, Munich, Germany; 2000 until 2004: Full Professor for Organic Chemistry at Philipps-Universität, Marburg, Germany Page 1 Mandates a) Memberships of statutory supervisory boards in Germany: none b) Memberships in comparable domestic and foreign supervisory bodies of commercial enterprises: none Relevant knowledge, skills and experience Through his research activities, Prof. Dr. Thomas Carell has knowledge of organic chemistry and the chemical and biochemistry sectors as well as the associated value chains. He will contribute international experience as well as extensive networks in the scientific community and as a member of the Supervisory Board, he will also contribute his specialized knowledge in research management and digitalization. -
Visual Materials
Visual materials You can find reproducible visual materials in the press forum at www.bosch-presse.de/pressebilder/bpk10. All photographs can be reproduced free of charge provided they are furnished with the credit “Photo: Bosch.” Board of Management of Robert Bosch GmbH Chairman Deputy Chairman p Franz Fehrenbach p Dr. Siegfried Dais Members p Dr. Bernd Bohr p Dr. Rudolf Colm p Dr. Volkmar Denner p Gerhard Kümmel p Dr. Wolfgang Malchow p Peter Marks p Uwe Raschke p Peter Tyroller Visual materials | 1 Automotive Technology Gasoline Systems As the leading automotive supplier, Bosch believes that the internal-combustion engine will continue to be the dominant automotive powertrain over the next 20 years. Despite this, Bosch is also working intensively on the electrification of the powertrain. p 2-GS-16485 p 2-GS-16444 p 2-GS-16445 The electric motor develops power in a minimum of space. It In the Electric Vehicles and performs two functions: as a motor, it allows electric driving Hybrid Systems business unit, over short distances; as a generator, it feeds braking energy some 500 Bosch specialists are back into the battery. currently developing solutions both for hybrid applications and for purely electric driving. The SB LiMotive joint venture’s first major order was to supply lithium-ion battery cells for installation in BMW’s Megacity Vehicle. The company was established by Bosch and Samsung SDI in 2008, and currently employs some 500 associates. p 2-GS-16446 p 2-GS-16447 At the Stuttgart-Feuerbach At the Stuttgart-Feuerbach location, SB LiMotive location, SB LiMotive associates associates test a battery assemble a lithium-ion battery in the climate chamber.