Terra Connecta > Schneider Electric Stays Local and Global

Schneider Electric Stays Local and Global

19.02.2020

Local Global

 

 

Gallup, a global analytics & advisory firm shares interesting discussions with Chief HR Officers from large international groups. One conversation with Olivier Blum from Schneider Electric attracted my attention, highlighting the importance of local and global strategic decisions.

To quote : “No matter where you’re located, you might think that Schneider Electric is a native company. It’s an easy assumption to make. The €25.7B energy, automation and software solutions company is officially headquartered in France, but its strategy is to localize to the markets it’s in — and it’s in most of them.

Schneider’s localization strategy requires distributed leadership, so the company spreads its top 1,000 leadership roles around the world. Leaders stay in situ for years, which keeps culture universal and decision-making decentralized. This allows for precision responses in differentiated business ecosystems and attracts talent where it lives.

That helps Schneider Electric weather economic storms that drive competitors out of the market, but being the most local of global companies requires leaders who prize diversity and want to become local experts of the whole world — and CHRO Olivier Blum says it’s a strategy that others may have to adopt.

As he explains to Gallup Managing Partner Larry Emond in the following CHRO Conversation, “People don’t want to work in the old model where all decisions have to go back to the global corporate. So localization? Companies really have no other choice.”

This conversation invites us into a rich and transparent exchange with excellent insights to Schneider’s achievements in building local – global strategy. Click here to read to the end

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