Siemens A Leading Supplier Of Systems For Power...

Siemens is a German global conglomerate corporation, based in Munich, Germany. Europe’s largest technology conglomerate has been founded in 1847. It is specialized in electrical engineering and electronics. (Siemens, 2015). Siemens is one of the largest pioneers in producing energy and resource-reservations technologies. Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. Siemens operates in around 190 countries and generally 285 production facilities. Siemens aims to become a leader in climate change reduction. Werner Von Siemens, 1852 (former of the company) confirmed that their aim and objective must always be higher than their strength can achieve, because only then will they be able to exert the latter to the fullest. (Siemens, Annual report, 2011) Everything in a system is connected, and that is perfectly applied to the system of Siemens. There are many definitions of organizational culture and visions which are the unique combination of the values that each organization believes in. (Kulkarni, 2011). To be the pioneer of our time this is Siemens vision that motivates them in everything they do. Being pioneers is their identity and the defining characteristic of their corporation s culture. This vision is based on their values and innovation, which provide the foundation for their success (Siemens, Annual report, 2011) . Together with these values, their strategy and framework define their business goalsShow MoreRelatedSiemens Place in World Business597 Words   |  2 PagesSiemens Place in World Business: Siemens is a multinational corporation that currently operates four major revenue generating sectors. These sectors include energy, healthcare, industry and its latest addition, infrastructure and cities. Siemens energy sector leads the world in terms of products, services and solutions geared towards power generation. 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