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Dr. Roland Busch (CEO, Siemens)

Dr. Roland Busch has been CEO of Siemens AG, a leading global technology company in the fields of industry, infrastructure, mobility and healthcare with sales of almost €80 billion and more than 300,000 employees worldwide, since 2021 and is widely recognized as one of the most renowned top executives in Europe. Dr. Busch was appointed to the management board of Siemens in 2011 and held positions including Chief Technology Officer, Chief Operating Officer, and Chief Sustainability Officer, before becoming Deputy CEO and Head of HR and subsequently assuming overall responsibility for Siemens’ Digital Industries, Smart Infrastructure, and Mobility businesses. Previously, Dr. Busch was Head of Corporate Strategies, Mass Transit, and Infotainment Solutions, and President and CEO of Siemens VDO Automotive Asia Pacific in Shanghai. Mr. Busch began his career as a project manager in the central R&D department at Siemens. Dr. Busch studied physics at the Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) and at the University of Grenoble in France and subsequently obtained his doctoral degree at FAU. ______________________________________ The CEO Leadership Series is the flagship event series of the Technical University of Munich (TUM) at the Heilbronn campus. The goal of the event series is to connect top managers with young students in order to promote a fruitful dialogue. The guests first hold a panel discussion with the host about their careers and organizations, and then respond to questions from the students in a Q&A session. This gives students valuable insights into the fascinating and exciting life and work of successful and renowned managers. ______________________________________ 00:00 Teaser 02:09 Intro 05:05 Opening response 05:30 School, studying physics, PhD 08:33 Offer from Siemens 09:56 Strategy of Automotive division 12:46 Infotainment Solution business (marrying at 7:30 am) 14:35 How to advance careers 15:43 Learning about a new business 17:35 Running the entire Automotive business 19:44 Life as an expatriate 21:29 Coming back to Germany 22:45 Make yourself known in your firm 25:19 Head of corporate strategy 26:28 Joining the board ("Vorstand") 31:23 CEO of Siemens 34:32 What does Siemens do? 36:51 What does a CEO do? 39:17 Combining the real and digital world 41:55 Industrial environment of Germany 45:38 Strengths of Siemens 46:25 Music, food, movies, vacation, books 50:09 Legacy 51:02 **Start of Q&A** 51:10 Physics background in business 52:36 Germany as business location 55:09 Measuring innovation 56:48 Biggest challenge at Siemens 58:47 Working with hidden champions & SMEs 1:01:19 Conflicting ideas with superiors 1:03:45 Describe yourself when you were a student 1:05:12 Sustainability 1:07:41 Western African power sector 1:09:21 Difficult decisions 1:10:28 Chinese business mentality 1:12:51 Future goals 1:14:29 Personal goals 1:14:49 End Music: Good Morning by MaxKoMusic