Too fast, too high - and definitely too far: Volkswagen and the Diesel-Scandal Despite originally pinning the failure on individual engineers, in our multi-year case study we uncovered profound systemic flaws within Volkswagen, the car-industry, and national and international politics and legal frameworks. Are you interested in a deep dive into one of the biggest corporate scandals in Germany since decades? Then check our latest case study: https://lnkd.in/eKBwe2Dr. Do not expect easy answers, but look forward to rigorous insights into the real story. Please remember: In the end, it turned out that Volkswagen has sold 11 million affected cars (fitted with defeat devices mainly in order to beat the laboratory tests) across the globe. The scandal had cost VW more than 30 bn€. HHL Leipzig Graduate School of Management Maximilian Feser Deniz Sevinc Johannes Osterwinter Marie Brunel Julianne Maroteaux Ravi Bajpai Alexander Westerhorstmann Prof. Christian Strenger Hiltrud Dorothea Werner Andreas Meurer
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Some insights on how a company with such a tarnished past could become the global powerhouse it is today: Factors Contributing to VW's Early Success: Post-War Opportunity: The devastation of WWII left a massive need for affordable transportation in Europe. VW's simple, fuel-efficient Beetle perfectly filled this gap. German Engineering: VW cars were known for their quality and durability, building trust among consumers. Focus on Exports: Early on, VW recognized the importance of international markets and aggressively pursued exports, establishing a strong global presence. Government Support: Although not directly owned by the post-war German government, VW received support in the form of loans and favorable policies. Overcoming the Past: Facing History: In recent years, VW has taken steps to acknowledge its dark past, including opening a museum dedicated to forced labor and establishing a fund to compensate victims. Emphasis on Transparency and Ethics: The company has made efforts to become more transparent in its practices and implement ethical sourcing standards across its supply chain. Focus on Sustainability: VW has invested heavily in electric vehicles and renewable energy technologies, aiming to build a more sustainable future. VW's Modern Success: Diversification: VW's acquisition of luxury brands like Porsche, Bentley, and Lamborghini has strengthened its market share and expanded its reach to high-end segments. Innovation: The company continues to invest in research and development, producing innovative vehicles and technologies. Global Presence: VW operates in over 150 countries, boasting a vast production and distribution network. However, the shadow of the past still lingers: Ongoing Scrutiny: VW's labor practices and environmental impact continue to be challenged by activist groups and regulators. Reputation Repair: Regaining full trust after such a dark history remains an ongoing process. VW's story is a complex one, offering valuable lessons about: Corporate responsibility and the consequences of unethical practices. The power of resilience and reinvention in overcoming adversity. The importance of acknowledging and confronting historical transgressions. Understanding both the dark and bright sides of VW's history provides a more nuanced perspective on its current position and future challenges.
The Dark History of Volkswagen
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Life in the fast lane: Volkswagen's GC Rustam Juma on the future of automotive. Juma speaks about VW's legal challenges, the electrification shift, ESG and sustainability. https://hubs.la/Q02J4PvK0
Life in the fast lane: Volkswagen's GC Rustam Juma on the future of automotive
lexpert.ca
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Supply Chain Maven I Founder & CEO SCMDOJO | LinkedIn Top Voice I TrainerI Supply Chain Consultant | Content Creator | Keynote Speaker | Supply Chain Digitalizatoin Expert | Host: The Supply Chain Show™ I ExtroNerd
Can you share your Master's Thesis? I was looking for some old documents on my old hard drive, and I found my Master's Thesis, which I did with my thesis partner, Laingta Cheng Volvo Cars. What was interesting was the slides we put together on the Quality Management Journey. It's worth having a glance! #qualitymanagment #sixsigma PS: I used to be clever 😜
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Life in the fast lane: Volkswagen's GC Rustam Juma on the future of automotive. Juma speaks about VW's legal challenges, the electrification shift, ESG and sustainability. https://hubs.la/Q02HRn8Q0
Life in the fast lane: Volkswagen's GC Rustam Juma on the future of automotive
lexpert.ca
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🚗START OF THE COOPERATION WITH VW- POTENTIAL ANALYSIS. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬? Potential analysis is a critical process undertaken at the onset of cooperation between a company and Volkswagen to assess the possibilities, opportunities, and challenges inherent in the partnership. It involves a comprehensive examination of various factors to determine the feasibility and potential success of the collaboration. This comprehensive process involves assessing capabilities, market potential, risks, and alignment of goals to determine the feasibility and potential success of a collaboration with Volkswagen. By conducting a thorough potential analysis, companies can make informed decisions and develop strategies to ensure the successful partnership with Volkswagen. Watch below the conversation with Agata Lewkowska Ph.D. , Vânia Azevedo and Pedro Oliveira da Silva to listen about the requirements to work with this OEM. ⬇ ⬇⬇⬇⬇⬇⬇⬇ https://lnkd.in/ebxUepJm 👉 𝐃𝐨 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐡𝐞𝐥𝐩 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬? 𝐐𝐮𝐚𝐥𝐢𝐭𝐲𝐰𝐢𝐬𝐞 𝐢𝐬 𝐫𝐞𝐚𝐝𝐲 𝐭𝐨 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮! #automotiveindustry #automotive #quality #qualityassurance #supplychain #iatf #qualitymanagement #iatf16949 #vda #vw #volkswagen #qualitywise
Volkswagen Potential analysis
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🚘𝐖𝐡𝐚𝐭 𝐢𝐬 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬❓️🤔 To ensure the successful partnership with Volkswagen every supplier needs to be evaluated by this OEM. Watch below my the conversation with Vânia Azevedo and Pedro Oliveira da Silva to listen about the requirements for potential analysis to work with this OEM.
🚗START OF THE COOPERATION WITH VW- POTENTIAL ANALYSIS. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬? Potential analysis is a critical process undertaken at the onset of cooperation between a company and Volkswagen to assess the possibilities, opportunities, and challenges inherent in the partnership. It involves a comprehensive examination of various factors to determine the feasibility and potential success of the collaboration. This comprehensive process involves assessing capabilities, market potential, risks, and alignment of goals to determine the feasibility and potential success of a collaboration with Volkswagen. By conducting a thorough potential analysis, companies can make informed decisions and develop strategies to ensure the successful partnership with Volkswagen. Watch below the conversation with Agata Lewkowska Ph.D. , Vânia Azevedo and Pedro Oliveira da Silva to listen about the requirements to work with this OEM. ⬇ ⬇⬇⬇⬇⬇⬇⬇ https://lnkd.in/ebxUepJm 👉 𝐃𝐨 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐡𝐞𝐥𝐩 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬? 𝐐𝐮𝐚𝐥𝐢𝐭𝐲𝐰𝐢𝐬𝐞 𝐢𝐬 𝐫𝐞𝐚𝐝𝐲 𝐭𝐨 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮! #automotiveindustry #automotive #quality #qualityassurance #supplychain #iatf #qualitymanagement #iatf16949 #vda #vw #volkswagen #qualitywise
Volkswagen Potential analysis
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🔋 We believe, that the mobility of the future will be fully electric. Our goal is to stay at the leading edge by introducing new vehicle concepts and technologies. But in a time of rapid changes, we recognize the importance of working with powerful technological partners to achieve our ambitious goals. 🤝 Together, we are becoming faster, more digital, and more efficient, while putting the interests of our customers first. 👀 Find out what Michael Steiner, Head of Research & Development at Volkswagen Group, has to say about this.
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In our latest video, we take a critical look at the Volkswagen emissions scandal, a pivotal moment that rocked the automotive industry and redefined corporate accountability. This comprehensive analysis delves into how Volkswagen's quest for market dominance led to one of the most significant breaches of trust and environmental standards in recent history. From the initial discovery to the global fallout, we explore the intricate details of the deception, the technological sleight of hand behind the "defeat devices", and the profound impact on stakeholders worldwide. Join us as we dissect the lessons learned and the path forward for sustainable business practices. 👥 For professionals across the automotive, environmental, and corporate governance sectors, this is a must-watch. Not only does it offer insights into the importance of ethical leadership, but it also highlights the critical role of transparency in today's business world. 💡 Whether you're a leader, innovator, or advocate for sustainability, there's something in this story for you. Let's take this opportunity to reflect on our collective responsibility to drive change and uphold the highest standards of integrity. 🔗 (https://lnkd.in/emti9FpC) #VolkswagenEmissionsScandal #CorporateEthics #Sustainability #AutomotiveIndustry #Leadership #Transparency #EnvironmentalImpact #BusinessIntegrity #Innovation #ChangeMakers
How Volkswagen Fooled the World - Dieselgate
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Founder @ Viz-Ovalz® Direct Vizion System, Acclaimed Innovator & Entrepreneur Raising investment to launch a revolutionary life saving, collision prevention, Blind Spot Sensor System.
One of the great innovators in road safety Nils Bohlin invented the 3 point seat belt whilst working for Volvo, they generously opened the patent to every vehicle manufacturer at no cost as it had more value as a life saving tool. So I have this Dilemma - Seat belts are designed to protect you in the event of a collision and I developed Viz-Ovalz® Direct Vizion System to prevent the collision happening in the first place, The data shows that road deaths cost the UK economy £40 Bn - 1 life = £2m. Saving Lives is surely everyones priority. The Transport for London statistics show that over the 3 years, 2015 to 2018, HGVs were involved in 20% of pedestrian fatalities and over 70% of cyclist fatalities in London. The major contributory factor in these collisions is "Failed to See" "These vehicles are not fit for purpose" if this was a train or plane they would be removed from service or grounded, but with vehicles we just accept it. The research demonstrates strong backing for enhanced visibility, with 91% of people polled acknowledging its pivotal role in safeguarding vulnerable road users. As a former Professional HGV driver dealing with the Blind Spot problem on a daily basis I felt compelled to develop a retrofittable solution. The Viz-Ovalz® Direct Vision System introduces a revolutionary approach to road safety technology, Its primary goal is to alleviate the persistent issue of blind spots that have posed significant risks to drivers operating larger vehicles, and have endangered pedestrians, cyclists, and other vulnerable road users (VRUs). This groundbreaking sensor system enables drivers to detect pedestrians, cyclists, and VRUs that were previously concealed within their blind spots. Leveraging government-tested lens technology, Drivers trialling the Viz-Ovalz® Direct Vizion System prototypes have unanimously provided 100% positive feedback, emphasising the lenses' value as an early warning system rather than the traditional sensor and camera systems. Furthermore, insurance companies, acknowledging that their largest claims stem from 'Failed to See' collisions, have expressed keen interest in our Lens Technology. They anticipate a reduction of these claims, indicating significant market interest and potential adoption in the commercial sector. I need your help, wether its Funding, sharing Social Media posts, please let's work together to make the roads safer for everyone so that we can get the production up and running, to start saving lives and preventing collisions caused by the vehicle design fault. The Blind Spots For more information on Viz-Ovalz® E-Mail - info@viz-ovalz.scot or contact Mobile++44 (0) 7708091511 Office 01259 726417 #visionzero #roadsafety #fleetsafety #blindspots #cyclists, #investmentopportunities #innovation #launching #fleetmanagers #collisionavoidance #RHA, #CLOCS, #FTA, #BRAKE #insuranceindustry #insurancesolutions
This is Nils Bohlin, a Swedish engineer who worked for Volvo. In 1959 he invented the 3 point seat belt. Rather then profit from the invention, Volvo opened up the patent for other manufacturers for no cost, saying "it had more value as a free life saving tool, then something to be profited from." The invention has been credited with saving at least a million lives worldwide!
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Greetings LinkedIn Community, I recently completed my master's thesis titled "𝐄𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: 𝐈𝐦𝐩𝐫𝐨𝐯𝐢𝐧𝐠 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨-𝐁𝐚𝐬𝐞𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐚𝐭 𝐂𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐀𝐆" to conclude my master's studies in Global Foresight and Technology Management at Technische Hochschule Ingolstadt . The automotive industry is undergoing significant disruptions, making strategic excellence more crucial than ever. My thesis explores how Continental Automotive can integrate strategic foresight through scenario planning to better anticipate the rapidly evolving #automotive industry environment, assess the robustness of the automotive product portfolio against this rapid change to further develop our global strategy and stay ahead of the #competition. I want to thank my team at Continental Automotive—Bettina Moser, Markus Risch, and Suhas Mahadevappa—and my academic mentor at Technische Hochschule Ingolstadt, Jan Oliver Schwarz, for their invaluable support and guidance throughout this journey. I look forward to applying the knowledge and insights gained from this research in my new position at Continental Tires, contributing to our ongoing success and competitive edge.
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CEO & Co-Founder at Impact Hero 🌍 & PhD Candidate I The Trilateral Comission Fellow
4moMaybe interesting > Guido Palazzo