Sometimes organizational leaders, upon later reflection, tend to point to only the positive things they did, especially during a significant organizational change. For this question, we are asking you to take a critical look at the actions Peter Loescher (also spelled Löscher) did as CEO of Siemens. This question involves two videos recorded by Loescher – now former CEO at Siemens – and one article. Please watch the two Peter Loescher video cases on leading a major change at Siemens (two YouTube links included below) and see the attached follow-up article (unfortunately video transcripts are not available). Specifically: Peter Loescher – Leading After a Scandal- Part 1(video) Peter Loescher – Building Cultural Accountability – Part 2 (video) Siemens’ Peter Loescher -The cleanup man who was swept aside – Part 3 (article). NO REFERENCES NEEDED
THE QUESTIONS THAT ARE NEEDED TO BE ANSWERED ARE:
1) What would you do in this situation and why?
2) What are the risks and benefits of Loescher’s approach?
3) if you were sharing this video with other executives, what lessons learned would you emphasize?