Strategic Management in Siemens

Siemens is a huge 155 year old multinational $77 billion German based company operating through 16 big business units with one of the world's largest communications, electronic and engineering company and 1200 fully consolidated subsidiaries in more than 190 countries, which are run by 484,000 employees.
All Siemens businesses are part of a matrix organization that combines a centralized strategic orientation with decentralized business and regional responsibilities. As global entrepreneurs, Siemens' Operating Groups are individually responsible for their worldwide businesses. Each Group…