Andreas Hofmann

I attended a compelling keynote speech by Peter Drucker Society Europe on the topic "𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐧𝐭𝐞𝐱𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧: 𝐑𝐞𝐚𝐥𝐢𝐠𝐧 - 𝐑𝐞𝐭𝐡𝐢𝐧𝐤?" 💬 The starting point of our discussion was that the #EnergyTransition poses new challenges for location policy. What needs to be done? What needs to be considered? Here is a brief overview of the topics I addressed: 👉🏼Development of CO2 Emissions in Energy Production and Consumption: We examined how CO2 emissions have evolved and what this means for future energy strategies. 👉🏼#LandingPorts - Energy-Intensive Industries: We discussed the role of landing ports in supporting energy-intensive industries and how they can adapt to new energy standards. 👉🏼#Grid Access for Electrical Energy: Ensuring reliable and equitable access to the electrical grid is crucial for the energy transition. 👉🏼Grid Access for #Hydrogen: As hydrogen becomes a key player in sustainable energy, we explored the infrastructure and policies needed to support its integration. 👉🏼Future Perspectives: We looked at the long-term outlook of the energy transition and the strategic adjustments businesses must make to thrive in this new era. These topics are not just theoretical; they are actionable insights that can guide companies through the complexities of the energy transition. Big thanks to Winfried W. Weber, Klaus Weßing and Hermann Doppler! ▶️You can watch the entire talk on YouTube: https://lnkd.in/dHDpkiHY

24

3 Kommentare

50 Billion is not enough! And that`s why - along with many other partners, clients and friends - I will attend Intersolar, EES and Power2Drive in Munich tomorrow and Friday. With the commercial reality of renewable energy - in particular solar - being cheaper than fossil energy, energy storage will be the most critical factor in the switch to renewables. And the prices are falling there as well. To store a single kilowatt hour of electricity, you had to invest more than 7500 US dollars in 1991. In 2018, it was only 181 dollars, a drop of 97 per cent. And the price has not stopped falling since then. In November 2023, the cost of a kilowatt hour of storage capacity with lithium-ion batteries was USD 139, according to Bloomberg NEF. In the summer of 2023, Goldman Sachs Energy predicted that a kilowatt hour of electricity storage would be available for USD 99 by 2025. Hardly anyone has yet realised that providing storage capacity will be a lucrative business model in the future. According to the International Energy Agency, an estimated 50 billion dollars will be invested in battery storage in 2024. That is too little, and it will change. So if you are interested in discussing these cleantech trends and business models and are at Intersolar, please get in touch and we can catch up over a coffee https://lnkd.in/d-P3ZdHr

5

Great initiative of Herbert Diess and The Mobility House. Knowing Herbert he will make this a success - and other OEMs, including ourselves Aiways, will switch on the bidirectional capability of their vehicles and join the club. Even being a representative from China I hope that the European OEMs will not lose the plot and join in force in this zerozero initiative - zero emission and zero cost (I like both aspects). See Herbert explain the concept.

4

🇪🇺🇩🇪🇪🇺 51 𝐩𝐞𝐫𝐜𝐞𝐧𝐭 𝐚𝐧𝐝 300 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐞𝐮𝐫𝐨𝐬. 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐡𝐨𝐰 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐆𝐞𝐫𝐦𝐚𝐧𝐲 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐄𝐔 𝐚𝐫𝐞 𝐭𝐨 𝐞𝐚𝐜𝐡 𝐨𝐭𝐡𝐞𝐫. 📌51 percent of all German imports of goods come from the other 26 EU countries. A large part of these imports are intermediate inputs. This also strengthens the competitiveness of German industry. 📌300 billion euros of added value are generated by these imports in the other EU countries. Germany is therefore a significant economic factor for our neighbors. In the countries of Central and Eastern Europe, 5.5 percent of total economic output in 2022 was generated by demand for goods from Germany. These are key results of our study "The importance of the German economy for Europe" commissioned by Bavarian Business Association (vbw – Vereinigung der Bayerischen Wirtschaft e. V.) The study also shows how badly our partners are being affected by Germany's current weak growth: for every euro that Germany could gain in future growth, economic output in the other countries would increase by 23 cents. That is a remarkably strong lever. ➡️ The report clearly shows: we need to work on a new business model of Germany and the EU in an increasingly fragmented and volatile world. The Letta report was a good start to revamp the Single Market, the awaited Draghi report needs to strengthen our approach to competitiveness. More needs to be done though, a business model canvas will not be enough. Prognos AG Michael Böhmer Christian Böllhoff Johann Weiß Eva Willer #EU #SingleMarket #Competitiveness

15

1 Kommentar

The world of tomorrow: what about the transformation to electromobility?

3

Well worth a read! Scaling the #hydrogen industry and how #electrolysis manufacturers have to react to changing market conditions. #greentech #sustainability #manufacturing

11

Please see below an excellent example about how to roll out renewable energies in a closed loop ecosystem. Every partner can rely on the others to ensure his projected profitable business case. This is true for the roll out of Green H2 as well as for Green aMethanol. Please watch out for more to come... #innovation #technology #GreenPower #h2connect #H2 #aMethanol

6

Excited to share this new study I co-authored with my Guidehouse ES&I colleagues (Matthias Schimmel, Jonathan Borsch, Corinna Klessmann) together with Agora Energiewende and Agora Industry (Mathias Koch, Matthias Deutsch, Simon Müller et al.) analyzing the extent to which Germany can rely on pipeline-based renewable #hydrogen imports until 2030 and 2035 across five import corridors from Europe and North Africa. ❗ Key results ✔ Until 2035, #Germany could secure between 60 and 100 TWh of green hydrogen via pipelines. ✔Until 2030, substantial imports of green hydrogen to Germany can be expected from #Denmark and #Norway. ✔In the medium term, additional imports could be unlocked from Southern Europe (#Spain, #Portugal), the Nordic countries (#Finland, #Sweden) and North Africa (#Tunisia, #Algeria). ✔To leverage the full potential of available pipeline-based hydrogen imports, creating sufficient investment certainty for the build-out of the necessary pipeline infrastructure and production capacities in exporting countries is crucial. ✔A range of measures should be considered in this context, including 1️⃣ support schemes or quota instruments creating sufficient demand from potential off-takers of green hydrogen, 2️⃣ available financing to ensure the build-out of pipelines and crucial interconnectors, 3️⃣ the organization of multilateral exchange formats with stakeholders and policymakers to facilitate coordination across the value chain, 4️⃣ de-risking instruments for production projects in North Africa that reduce high capital costs impacting levelized cost of hydrogen, and 5️⃣ strengthening of bilateral energy partnerships with relevant exporting countries. The study is available here (in German): https://lnkd.in/erHdxi5r

36

1 Kommentar

Interesting and surprising, isn't it? At least I think so... Here's a rough translation for all non-German speakers. ------ „That's not my colleague, that's my employee!“  A sentence that is profound. When I recently commented favourably on the work of another person's "colleague", she corrected me in a harsh tone: It wasn't her colleague, she said, it was her employee. I was briefly irritated because it was new to me that employees are not colleagues. I then said, "But then you're also colleagues if you work in the same company." Whereupon I was told: "My colleagues are at the same level as me." End of the announcement. Even if you shouldn't judge people based on a single sentence, I didn't have the feeling that we shared the same understanding of leadership. I feel the same way when people talk about "subordinates". Or when you are told what hierarchical level you are at and how many employees you have when you shake hands for the first time. It's like we're playing car quartets. Anyone who still leads in this millennium to celebrate their own hierarchical position or the "power of command" over others has not understood what it is all about. Leadership is not a relationship of domination; it is a service role. And there is nothing wrong with that, because it involves a lot of responsibility. Among other things, for ensuring that - others are utilised according to their talents, - can fully contribute and develop, - the team works together constructively and - suitable framework conditions are in place. This requires many competences in addition to professional ones. I have a lot of respect for people who manage to do this. And less for those who only want to use leadership to boost their ego. Thank you for sharing Swantje!

16

2 Kommentare

Today we published the third episode of our IR quarterly wrap up by Siemens Healthineers featuring Bernd Montag and Jochen Schmitz (and myself 😉). We have received quite some positive feedback on the first two editions and are keen to hear any comments or recommendations for further improvement. As a matter of fact we have been short-listed for “Best innovation in shareholder communication” at the #IRawards with this podcast-style format. In capital market communications consistency is a key element. Hence, in order to make sure that our stakeholders still see the wood for the trees, we have created the IR quarterly wrap-up. In compact 10-20 Minute episodes you get the chance to hear our answers to the most frequently asked questions, that came up during our post results roadshow. Don’t let others tell you what they think they heard from us – hear it directly from us – it will be worth your while. Find the newest Episode (~15 Minutes) under this link: https://lnkd.in/dr_SHCNY

72

4 Kommentare

Short summary of our 4th petrichor hr Summit!

13

What does Europe mean for me? What do I think about the values of Europe? What do they mean for me? First of all, Europe for me is more than the European Union. And originally it has been founded with the purpose not to create common values, it was especially built due to economic reasons to decrease barriers in trading. But over the time it became more, it became a community which created an identity which is more than just or country specific identity. And this is what Europe is for me, spending an IDENTITY to me, a feeling of BELONGING to something bigger. Am I loosing my German identity? For sure not, I am and feel still very German and being proud and grateful for it. I am working now already since a long time in an international environment, due to this I started to deal with different views than just mine. Gaining insights of totally different perspectives, beliefs, needs and realities enriched my professional experience but also my personal life. It also challeng(ed) my own views. It made me understand how previleged I am, it made me understand, we as Germans are not the center of the world, it made me repected that POWER is depending also on others. Looking on diversity an inclusion: The construct of a European Union moved all of us so far ahead, the strenghtening and protections of diverse communities and minorities were only possible due a European discourse, this was and is always challenging as we always need to ask ourselves why we personally might think and feel differently. For me, being a gay man, I personally feel much more respected, accepted and stronger than ever before. Thank you, Europe! Europe, you made all our societies develop, grow and richer! You can think whatever about the European Union, I also struggle often with this bureaucratic, complicated and slow processes and way of decision making. But is there a better "model"? In these times of uncertainty and dangers, do we think, just country related politics would lead into something better? Would be a German voice more powerful than a European voice? Would we stay in a safer environment? I cannot believe that. Europe is needed, more than ever before. Last but not least, "Europe" made me connected to precious friends and colleagues I never want to miss again. I am now having a global responsibility and this again will challenge my views and will make me grow, and I will take my European experience with me to make impact to others. What does Europe mean for you? What do you think about the values of Europe? What do they mean for you? To all, who read this and are eligible to vote this sunday, go voting! You are heard, your vote counts. Let's do it.... Thank you, Knut Riemann! Took your challenge :-) #Europe #Europeanunion #Europeanelections #Vote #Challenge

9

Do you remember my Sustainable Resilience Organizational Management Model i developed in my masters thesis, mentored by Harald Bolsinger? Sustainability will entail ever greater political pressure, so in order to become more resilient and sustainable, an operational step following the SROM model would be to implement intelligent charging infrastructure and thus start an efficient entry into e-mobility and why this underpins the SROM model: 🌟𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗦𝗥𝗢𝗠 𝗺𝗼𝗱𝗲𝗹 𝘄𝗶𝘁𝗵 𝗟𝗜𝗕𝗥𝗘𝗢'𝘀 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗰𝗵𝗮𝗿𝗴𝗶𝗻𝗴 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 At LIBREO® GmbH, we are proud to lead the way by integrating the SROM (Sustainability Resilience Organisation Management) model into our advanced charging solutions. Our customised solutions not only provide efficient energy management, but also contribute significantly to the sustainability and resilience of organisations. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 Our charging solutions are strategically designed to support companies on the path to electromobility, which is a direct response to the new Climate Change Act. 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 By investing in sustainable technologies, we strengthen the trust of our stakeholders and promote a positive corporate culture. 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐢𝐧𝐠 We use technologies such as solar power optimisation and poly-dynamic load management to optimise energy consumption and reduce our environmental impact. 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 Our intelligent platform facilitates precise reporting and helps companies to document their energy consumption transparently - in line with the SROM model and the Climate Protection Act. 🔗 𝘙𝘦𝘭𝘺 𝘰𝘯 𝘓𝘐𝘉𝘙𝘌𝘖 𝘵𝘰 𝘧𝘶𝘵𝘶𝘳𝘦-𝘱𝘳𝘰𝘰𝘧 𝘺𝘰𝘶𝘳 𝘤𝘰𝘮𝘱𝘢𝘯𝘺 𝘢𝘯𝘥 𝘱𝘭𝘢𝘺 𝘢𝘯 𝘢𝘤𝘵𝘪𝘷𝘦 𝘳𝘰𝘭𝘦 𝘪𝘯 𝘴𝘩𝘢𝘱𝘪𝘯𝘨 𝘢 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘧𝘶𝘵𝘶𝘳𝘦! #SROMmodel #sustainability #resilience #electromobility #innovation #climateprotection

8

1 Kommentar

Peer Coaching - I'm in! 💡 Today, I was part of a recap session on the topic "I develop my people...& myself". The interactive exchange format with peer coaching showed me again that continuous development is key to staying ahead and generating employee satisfaction. In 1867, Friedrich Voith probably wouldn't have expected that his wood grinding machine would one day lead to a state-of-the-art paper machine that is constantly developing and further supported by AI and digital products 😉 This wouldn't be possible without passionate employees who are willing not to stand still and have a tireless drive to foster innovation #paperheroes One more reason not to let employee development fall by the wayside! ☝ And now: When will you challenge your development plan? #EmployeeGrowth #Development #PaperIndustry #Papermaking #CreatorsAtVoith

123

The latest AllBright Report shows notable progress in gender diversity within Germany's 100 largest family companies. 🎉 In a significant shift, the representation of women in leadership roles is increasing. Although the current proportion stands at 12.6%, change is underway. Over the past two years, the proportion of women in executive positions has grown by 4 percentage points, nearly matching the growth seen in listed companies. Interestingly, nearly half of family businesses now include a woman in their management teams, a significant increase from just under a third two years ago. Yet, there's a stark difference between listed and non-listed family businesses. The proportion of women in leadership roles is almost double in listed companies (19.6%) compared to non-listed ones (10.6%). This suggests that transparency and external influence can drive gender diversity in management. Let's not overlook the fact that succession still remains male-dominated, particularly within owner families. However, as the Baby Boomer generation begins to retire, there's a golden opportunity for companies to diversify their leadership. Change is happening, and some companies are already leading the way. Let's keep this momentum going! For more detailed insights, check out the full #AllBright Report #genderdiversity #womeninleadership #changemakers

3

One of the biggest hurdles to overcome in the new energy economy is the availability of #water. Not only for green hydrogen (“10 litres of water for a kilogram of H2”) but data centres, gigafactories and semiconductor manufacturing. Water reuse and desalination will have to play a vital role

6

Shape your future together! There are so many good and positive things to build on! Stick together rather than everyone for themselves! Way too many negative and bad things are highlighted and the good things neglected! The German Fußball team played a great tournament and unfortunately left way too early, loosing to a fantastic Spanish team! They are leaving with their heads held high! This is something we all can learn from! Celebrate what you’ve done well, stick together, and focus forward with a positive mindset! Great message, in German though, by the German Bundestrainer! #MBGrowth #growth #joy #positivity #GrowthMindset

1