Corporate sustainability – Involving employees more

Employee Engagement - STMG

Two thirds of German managers believe that sustainability makes economic sense, according to a Capgemini study. At the same time, according to a study by Ipsos and Bertelsmann Stiftung, only slightly less than half of employees (49%) feel that sustainability is important in their companies. This suggests two things: firstly, that the high importance of … Read more

Fit for the future through sustainable corporate management

Sustainable Corporate Management - STMG

Ever more companies are committed to sustainability and are pursuing ambitious sustainability goals. Many even have a sustainability strategy. There is, however, often a clear gap between ambitious goals and their implementation. That is, because in addition to a good sustainability strategy, sustainable corporate management is also required to successfully implement the strategy. That sounds … Read more

5 steps to an effective sustainability strategy – How to achieve profitable sustainability in owner-led companies

5 Schritte zur Nachhaltigkeitsstrategie - STMG

For the vast majority of the German Mittelstand (owner-led companies including mostly SMEs, but also large firms), sustainability is very important. According to a Commerzbank study from 2021, more than 70 percent of owner-led companies surveyed believe that sustainable action and production are necessary to ensure the future viability of their company. Almost 70 percent … Read more

5 reasons why SMEs should now push their sustainable business development

Sustainable business development - STMG

For medium-sized companies, the sustainability of their business activities has always played a major role. The long-term existence of the company is more important to them than high quarterly profits. Accordingly, CEOs of SMEs generally have a positive attitude towards sustainability. However, their ideas on the content and significance of sustainability for their own company … Read more

Strategic Sustainability – The Billion-Euro Blind Spot of Medium-Sized Companies

Strategic Sustainability - STMG

Medium-sized companies in Germany are currently missing out on business opportunities worth billions. The reason: most companies are pursuing sustainability in too limited a way and without a holistic strategy. Untapped sustainability potential According to a PwC study from 2023, 60% of the SMEs surveyed have recognized that they need to drive the transformation towards … Read more

Indo-German IT Collaboration – Prospects and Challenges

Panel discussion - Hannover 2022

There are strong signals that the collaboration between India and Germany in the IT sector is entering a new phase. So far, the focus has been on German companies hiring Indian IT experts and offshoring IT work to Indian branch offices as well as outsourcing software development and business process management services to Indian firms. … Read more

The importance of lived company values in difficult times

Company Values - Strategic Thinking

Values are highly popular among companies around the world. Almost every large enterprise has published a set of corporate values on their website and in glossy brochures. There is a good reason for this, because values can fulfil several important functions: they guide corporate decisions, shape company culture, influence employee behaviour and attract talent. Popular … Read more

The 3 major strategic challenges of the war in Ukraine for EU companies

Global economy - Impact of the war in Ukraine

The Russian war against Ukraine has added another global crisis. It hits the world at a time, when it is still struggling with the effects of the corona pandemic and bracing itself for the growing climate crisis. The Ukrainian people pay the highest price for the Russian aggression in terms of lost lives, injured and … Read more

5 global trends that could influence your business in 2021

Strategic Thinking Outlook 2021

There has been no business forecast for 2020 that came even close to what happened in this extraordinary year. At least I am not aware of any such forecast. Wildcard events like the Corona pandemic and its effects on society and economy are hard to predict for a specific year. Yes, there have been several … Read more

5 economic trends that will influence your business in 2019

The year 2019 has started, and nobody exactly knows how the economy will develop over the coming 12 months. However, there are 5 trends already visible. They will have an impact on every business, no matter if you are self-employed or working for a large company. Even if you don’t think, these trends will have … Read more

5 Wirtschaftstrends die Ihr Geschäft im Jahr 2019 beeinflussen

Das Jahr 2019 hat begonnen, und niemand weiß genau, wie sich die Wirtschaft in den kommenden 12 Monaten entwickeln wird. Es sind jedoch bereits 5 Trends sichtbar. Sie haben Einfluss auf jedes Geschäft, unabhängig davon, ob Sie selbstständig oder bei einem großen Unternehmen beschäftigt sind. Selbst wenn Sie denken, dass diese Trends keinen direkten Einfluss … Read more

5 Signs Indicating You Need Strategy Coaching

Many C-suite and mid-level executives have by now understood and experienced the benefits of business coaching. The range of topics for business coaching is very wide. It includes leadership development, stress management, coping with change, and handling conflicts, to name just a few. One particular branch of business coaching which still requires more explaining is … Read more