Reengineering a scandal-stricken company

11/10/2009 | Financial Times (tiered subscription model)

When Peter Löscher took the reins at Siemens, the European engineering group was beset by a bribery scandal and mired in a management culture that referred all major decisions to committees for extensive deliberation. Not any more: Löscher quickly settled the corruption scandal, slashed jobs and operating costs, and introduced a leaner and more streamlined management style.

View Full Article in:

Financial Times (tiered subscription model)

Published in Brief: