A wider truth about Germany

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In the light of court cases against Bayer’s U.S. acquisition Monsanto and falling share prices, the fate of the chemical giant grants interesting insights into Germany’s corporate culture, writes Frederick Studemann in the Financial Times on 17 May 2019. On the one hand, Bayer is a model of how to deal with the challenges of global mergers, on the one hand, the high number of lawsuits offers an eloquent testimony of the pitfalls of pursuing new technologies. Bayer is not the only example for that matter, just think of Volkswagen or Deutsche Bank. Frederick Studemann quotes Klaus Schweinsberg on Germany’s ambivalent attitude to innovation and modern technology – desired on the one hand, but rather not at home, which also reflects on Angela Merkel’s ending era.
Read the full article in FT of 17 May 2019

Angela Merkel is losing the support of Germany’s business leaders

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The Financial Times reports on dwindling backup of chancellor Angela Merkel by german business leaders and quotes Klaus Schweinsberg:  Still many doubt her overall sympathy for business. “Rationally she understands the necessity of markets, but deep down she believes in the state,” says Klaus Schweinsberg, a professor of business who advises a number of top German executives.

To the article on FT

World Economic Forum 2018

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“Creating a shared future in a fractured world” is the topic of this year’s World Economic Forum (WEF) meeting in Davos. In interviews with the german news tv channels n-tv and rtl, Professor Klaus Schweinsberg described the atmosphere within the business leaders as tensed, in seeking a (political) key figure for Europe and the world. Schweinsberg also commented on the power shift: While Europe is too preoccupied with itself, countries like the USA and India are rapidly developing.  An increasing development which could sideline European interests.

Voter Education. Failing in its Duty.

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Klaus Schweinberg warns in business newspaper Handelsblatt against the threat of rising populism in Germany, drawing parallels between the developments in Germany, Great Britain, France and the United States. Germans, and the young in particular, are losing interest in the democratic process. The state must teach them that it is their civic duty – and in their interests – to participate, says Klaus Schweinsberg.

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Cyber attacks.
Germany prepares for election year hacks.

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Business newspaper Handelsblatt reports on the rising threat of hacks aimed at elections and the cyber attack simulation conducted by Prof. Klaus Schweinsberg and Prof. Marco Gercke, cybercrime research institute, at the Munich Security Conference. Klaus Schweinsberg and Marco Gercke ran the simulation in which a fictional European nation faces a cyber attack aimed at its elections. The simulation was attended by interior and defense ministers from a host of nations. “It always comes down to whether or not those in positions of power have grappled with how to react immediately in a crisis situation,” the experts said in the article.

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