Many SMEs have grown from small and medium-sized enterprises into high-tech companies and global players in recent years. Unfortunately, their personnel and organisational development often lags behind the development of the company as a whole, thus slowing their further growth.
Why are some companies mediocre and others leading in their field? For example, when it comes to revenue or income? Or service or innovation? Is it to do with strategy? Usually it isn’t! It is usually to do with their corporate and management culture.
Currently the digital generation joins the labour market. This generation places different requirements and demands on today’s work environment. That raises major challenges for managers..
With the Phoenix Project, the ITT Industries Cannon plant in Weinstadt succeeded within two years to move from a difficult phase in the company with downsizing and fear of the future of the location to being distinguished with the Chairman’s Award for Operational Excellence.
