Yesterday, in an expert interview, I was asked whether the success factors in dealing with AI applications differ from those that have played an important role in employees’ working lives to date. I found the question extremely interesting. I came to the conclusion that the success factors do not differ significantly, but that they have …
Once again, we are seeing just how vulnerable many companies are that pay too little attention to the issue of resilience: the export restrictions that China has decided on and introduced for rare earth metals in order to secure its own supply and as an incentive to relocate processing plants to China are hitting companies …
For many decades, the German automotive industry was the technological leader in efficient combustion engines with low emissions and high-precision transmissions, which made it very successful economically. Could it be that this particular strength and the associated success have led to complacency and blindness to the shift toward electric mobility, which has been looming in …
The US government is very directly linking political demands with trade policy measures. Companies that export industrial goods, in particular the mechanical and plant engineering and automotive industries, but also the chemical and pharmaceutical industries, are particularly affected by the additional US tariffs. The tariffs imposed by the US government on the import of goods …
At the symposium of the Federal Association of SME Consultants, which took place on 26 and 27 June 2025 in Berlin, Dr. Boysen derived the requirements for management consultants from the economic developments and the resulting challenges for entrepreneurs and managers. Dr. Boysen differentiated between basic skills and technical skills. Among the basic skills, Dr. …
The German Federal Statistical Office recently announced the second year of a recession in the German economy, and the third is just around the corner. Many companies are deep in crisis or are already acutely threatened with insolvency. With my new reference book ‘Sustainable management of corporate crises. Immediate help for industrial companies and industry-related …
For many years, open global markets were a key driver for German industry. In the meantime, however, the forces are reversing and making it difficult for German industry to assert itself in global competition. Waiting and hoping, as is often heard, will certainly not be enough. We must act. German industrial companies face a threefold …
The German economy is no longer growing. Our medium-sized industry is falling victim to the globalization that we ourselves drove decades ago. Other sectors will inevitably follow as soon as industrial value creation declines. Will other developed economies follow as well? The prosperity we have achieved with comparatively high wages and social benefits is now …
According to the latest ninth edition of the ZEW study commissioned by the Stiftung Mittelstand, Germany only ranks 18th out of the 21 industrialized nations analyzed in the Family Business Country Index (https://www.familienunternehmen.de/de). The study identifies six sub-indices, namely taxes, labor, regulation, financing, infrastructure, investment and energy. The authors of the ZEW study come to …
At the start of the new year, we are all looking ahead to the challenges that lie ahead. In order to develop suitable business models and strategies, adjust staffing levels and decide on investments, it is important to realistically assess the economic conditions.The global economy appears to be growing at a stable rate of 2.5 …
