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ThyssenKrupp Magazin

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60 INTERVIEW<br />

above all, who decides what we do. Each employee within our company<br />

has to realize this and act accordingly.<br />

Is this approach part of a new corporate culture at <strong>ThyssenKrupp</strong>?<br />

Let me point out the decisive difference: in the past, engineers used to<br />

ask first of all what their competence was, and then developed a multitude<br />

of basic materials with numerous characteristics. After that, areas<br />

of application were sought for these materials. Experience shows, however,<br />

that this strategy is less successful than the reverse approach:<br />

First, customer requirements have to be researched and, based on<br />

these findings, existing competencies are combined to develop a specific<br />

solution, at justifiable expense. But I want to stress that our entrepreneurial<br />

activities have to yield a financial result that creates added<br />

value. Our modern production equipment serves above all to generate<br />

profit. Only then will we also be able to create jobs in the long term.<br />

And what about respect for the engineers’ competence?<br />

I’m not questioning their competence. But it is not only the decision<br />

makers within our Group that have to be shaken up. For decades, steel<br />

groups placed far too much emphasis on technology: engineers and<br />

technicians have a very particular mentality, and want to publish the results<br />

of their work with pride. The exchange of information in the relatively<br />

small sector thus knew no limits – everybody knew what everybody<br />

else had developed. We can no longer afford that. We are working<br />

under extremely tough competitive conditions worldwide. It is an art to<br />

remain quiet about real innovation. The most important thing is that we<br />

win customers for our innovative products.<br />

If I understand you correctly, the engineer has to be just as much a<br />

sales agent?<br />

Not necessarily, but I have to be able to expect of engineers that they<br />

never lose sight of the marketability of their innovations. In this regard,<br />

I am guided by traditional entrepreneurial principles. The product-market-profitability-responsibility<br />

relationship focuses on a very small circle<br />

of actors. This circle is rendered anonymous in major corporations. One<br />

person researches, the other produces, yet another sells, and everybody<br />

focuses only on their particular function. Real entrepreneurial interplay<br />

is often lost in the process. This has to change; we have to return<br />

to an understanding of the whole. All those in charge have to think<br />

Technology and basic materials have accompanied Prof. h.c. (CHN) Dr. Ulrich<br />

Middelmann throughout his professional life. Middelmann, 58, who has been<br />

vice chairman of <strong>ThyssenKrupp</strong> AG and chairman of <strong>ThyssenKrupp</strong> Steel AG<br />

since 2001, studied mechanical engineering in Darmstadt and economics in<br />

Aachen. He obtained a doctorate from Bochum’s Ruhr University in 1976 and<br />

an honorary professorship from the University of Tonji in Shanghai in<br />

September 2003. In 1977 he moved to Krupp Stahl AG in Bochum and in 1992<br />

became a member of the executive board of Fried. Krupp AG Hoesch-Krupp,<br />

Essen/Dortmund. In the context of the merger of Thyssen AG and Fried. Krupp<br />

AG he was appointed to the executive board of <strong>ThyssenKrupp</strong> AG in 1999.<br />

TK <strong>Magazin</strong>e | 1 | 2004 |

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