PURPOSE & IMPACT

Date: January 31, 2025

What Siemens President & CEO, Roland Busch, said about Key Leadership Qualities in the Intelligence Age

When a leader of a large, successful enterprise like Siemens shares perspectives, it’s valuable to listen, reflect and act. This is the gist of how Siemens President and CEO Roland Busch responded to the question, “What leadership qualities are most critical in the Intelligence age?”, during a LinkedIn event, from Davos on January 23, 2025.
Coincidentally, I was discussing Growth Mindset and Psychological safety during a session with a group of experienced managers on the same day.

1. Growth Mindset – Constant learning, trying new things, keep on going even after failing, learning from mistakes. (Belief that everyone can learn and push the limits).
2. Collaborative spirit, build a network, especially important while working in a virtual world.
3. Empathy, with strong communication skills to communicate, connect with people.
4. Especially in management, Empower people. Let them do what they are good at, and that goes together with Accountability.
Last but not least, having a solid set of values.

Couple of additional notes:
* He also said in his experience, diverse teams deliver better results than those that are homogeneous.
* Also, emphasised the importance of staying curious, open.

From the Siemens website:
Siemens Limited is a technology company focused on industry, infrastructure, digital transformation, transport as well as transmission and generation of electrical power. Globally, Siemens employs 312,000 people. It had a revenue of EUR 75.9 billion in fiscal 2024.
Siemens’ long-term commitment in India began in 1867, when the company’s founder Werner von Siemens personally supervised the setting up of the first telegraph line between London and Calcutta. Today, Siemens has a strong manufacturing footprint across the country, various Centres of Competence and R&D centres as well as a nationwide sales and service network.

The Potential Impact of China’s New AI Model, DeepSeek 

If you have seen the news about DeepSeek in recent days (including rattled financial markets) and are wondering what the noise is all about, why this is disruptive, important and relevant, this video below from CNBC is a helpful watch. It includes an interesting interview with Perplexity CEO, Aravind Srinivas, with pertinent questions and inputs (from early Jan ’25).

In this week’s Business Standard, an article stated that “DeepSeek has become the most downloaded app on Apple App Store in India across all categories, according to data from Sensor Tower… It was released worldwide on January 10, with an update on January 27…
DeepSeek is the most downloaded app on Apple Store in the US… On Play Store, it is the second most downloaded app…
However, in countries like the UK, Australia, Singapore and Canada, it already hit the number one spot amongst all apps on January 28. But it has not made a similar domination in most European countries.”

This development seems to have taken most experts by surprise. The achievement, speed, budget, resources and context of all this could be a valuable case study in itself. Some countries are already thinking/concerned about the security and ethical aspects as well.

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