Siemens Ag Case Analysis

Once upon a time a wise man said:

“Educating the mind without educating the heart is no education at all.”

Aristotle

How do you separate the wrongs from the rights? When do you realize that you have violated the basic laws of how you should behave in your work place? What are you willing to do to achieve your goals? What will help you lead to the excellence that you always have imagined? Is ethical behavior a set of values gained over time during one’s life experiences or was it born inside you, with your first cry in your mother arms?

A question that a number of people take the courage to answer is where they stand on the issue of ethical behavior. In the actual case of Siemens AG, it is so difficult to believe with all the facts in front of you that all these talented men were blinded by the power of money, and they dragged themselves in this black hole of unethical conduct.

Siemens AG, considered one of the largest engineering and electronic companies in Europe, was initially started as Telegraphen-Bauanstalt von Siemens & Halske in 1847 by Werner von Siemens and Johann Georg Halske.

Siemens Development:

1853 – The contract to build a telegraph in Russia

1855 – Subsidiaries were set in Russia and Britain

1865 – The British Subsidiaries was renamed Siemens Brothers

1866 – The discovery of the dynamo-electrical principle by Werner

1870 – The development of power engineering in Germany

1890 – Werener retired

1896 – The first underground rail line was opened in Budapest

1903 – Siemens & Halske acquired Elektriziats-Aktiengesellschaft vorm Schuckert &Co.

1914 - Siemens & Halske had become one of the largest companies in Germany with a workforce of 82000 employees

WW I – WW II - Led the closure of many Siemens & Halske plants in Germany

1966 – Siemens & Halske, Siemens – Schuckertwerke AG and Siemens – Reiniger-Werke AG merged to form Siemens AG

1969 - The company was reorganized in six operating groups:

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