| BUSINESSWEEK ONLINE : NOVEMBER 15, 1999 ISSUE | ||||||||
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| WORKING LIFE
At Siemens, School Rules How the German giant uses its university to improve the bottom line -- About six managers from different divisions are given a ''case study,'' a real-life business problem from a Siemens business unit different from their own. -- The team wins over the units' managers by showing them how much money they can save by implementing the team's plan. -- The students still have to do their regular jobs. They get no extra pay--and not a dime to play with to help solve the problems. -- What's in it for the students? MBA-style experience and the cachet of being in the program: University students are seen as up-and-comers. -- Bottom line: Siemens says the cost-cutting projects have generated $11 million in savings so far this year. DATA: SIEMENS, BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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RELATED ITEMS Siemens: Building a ``B-School'' in Its Own Backyard TABLE: At Siemens, School Rules INTERACT E-Mail to Business Week Online | |||
