Siemens Designs Large-scale Rewards & Recognition Programs to Embed an Ownership Culture among Employees

Siemens Designs Large-scale Rewards & Recognition Programs to Embed an Ownership Culture among Employees
Case Code: HROB245
Case Length: 12 Pages
Period: 2011-2022
Pub Date: 2023
Teaching Note: Available
Price: Rs.400
Organization: Siemens
Industry: Diversified
Countries: United Kingdom
Themes: Performance Management, Organizational Culture, Employee Development,Stress & Motivation
Siemens Designs Large-scale Rewards & Recognition Programs to Embed an Ownership Culture among Employees
Abstract Case Intro 1 Case Intro 2 Excerpts

Vision 2020

In 2015, Siemens AG the parent company adopted Vision 2020 to focus on profitable growth. Vision 2020 focused on various initiatives to drive performance through profitable growth and significant investments in innovation; strengthen its core businesses of mobility, renewable energy, and healthcare for long-term value creation; and scale up to strengthen its leadership in Industrial Digitalization across domains..

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