Helmuth Ludwig

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Helmuth Ludwig

Helmuth Ludwig

@HelmuthLudwig

Professor of Practice for Strategy and Entrepreneurship @SMU. Siemens Veteran; Proud father of two. My tweets are my own.

Texas Katılım Mayıs 2011
638 Takip Edilen2K Takipçiler
Massimo
Massimo@Rainmaker1973·
A waitress in a Bavarian dirndl at Oktoberfest carries 13 large, one-liter mugs of beer to customers.
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Helmuth Ludwig
Helmuth Ludwig@HelmuthLudwig·
5th Industrial Revolution ante portas (in some business already fully in)
Andy Brown@GunnerBrown

In 1988 I went to work for BT at the height of the size of the employee base post privatization, nearly 300,000. We were in the process of starting to migrate from analog telephony to digital and we were transitioning skills from the old world (hardware) to the new world (software). A plan was devised called Project Sovereign where we would downsize to around 100,000 people over 5 years. This plan had a lot of meat behind it, analysis from SI’s at the detailed level of all of the processes in the company and how they could / should / would be automated. It had a profound impact on the thinking going forward. People over 40 were offered voluntary redundancy under comprehensive terms and many took it, and 5 years later the transformation was complete. It was a complete top down organizational redesign based around process automation using software across the company. Having worked in a number of the large banks, I would argue the same opportunity exists now with Process documentation, work breakdown structure and the use of AI. If they treat it as another boom bust cycle they will have missed the opportunity… Some of the biggest universal banks are demonstrating they understand this thinking and are actively moving down the path, a couple aggressively, but if you are not, you will be forced to through margin pressure / net earnings of competitive companies. This will also take 5 years, but just like rolling out Windows NT first on the trading floors at Paribas Capital Markets allowed us/them to dominate derivative trading, the same will be true for the people who take the early risks on a holistic basis across their process architecture; it’s not just net margin from cost reduction, it’s agility and speed in launching products in the front office as well. Intel under Andy Grove is an obvious example of another company that did the same with process architecture, core business understanding et al. If you are in any doubt, the time is NOW!

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Andy Brown
Andy Brown@GunnerBrown·
In 1988 I went to work for BT at the height of the size of the employee base post privatization, nearly 300,000. We were in the process of starting to migrate from analog telephony to digital and we were transitioning skills from the old world (hardware) to the new world (software). A plan was devised called Project Sovereign where we would downsize to around 100,000 people over 5 years. This plan had a lot of meat behind it, analysis from SI’s at the detailed level of all of the processes in the company and how they could / should / would be automated. It had a profound impact on the thinking going forward. People over 40 were offered voluntary redundancy under comprehensive terms and many took it, and 5 years later the transformation was complete. It was a complete top down organizational redesign based around process automation using software across the company. Having worked in a number of the large banks, I would argue the same opportunity exists now with Process documentation, work breakdown structure and the use of AI. If they treat it as another boom bust cycle they will have missed the opportunity… Some of the biggest universal banks are demonstrating they understand this thinking and are actively moving down the path, a couple aggressively, but if you are not, you will be forced to through margin pressure / net earnings of competitive companies. This will also take 5 years, but just like rolling out Windows NT first on the trading floors at Paribas Capital Markets allowed us/them to dominate derivative trading, the same will be true for the people who take the early risks on a holistic basis across their process architecture; it’s not just net margin from cost reduction, it’s agility and speed in launching products in the front office as well. Intel under Andy Grove is an obvious example of another company that did the same with process architecture, core business understanding et al. If you are in any doubt, the time is NOW!
Wall Street Mav@WallStreetMav

Bank of America announced layoffs last week in the tens of thousands. Now Truist Bank (BB&T and SunTrust merger) might be doing the same.

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Helmuth Ludwig
Helmuth Ludwig@HelmuthLudwig·
CIRCOR International Enters Definitive Agreement to be Acquired by KKR for $1.6 Billion Our agreement with KKR marks the successful culmination of a strategic review process conducted by the Board, supported by external advisors a…lnkd.in/exiHBxzd lnkd.in/eC5QAkGg
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Mergers&Acquisitions
Mergers&Acquisitions@TheMiddleMarket·
KKR has agreed to acquire Circor International Inc., a provider of flow control products and services for the industrial and aerospace and defense markets, in an all-cash transaction valued at approximately $1.6 billion, including the assumption of debt. themiddlemarket.com/latest-news/kk…
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MarketWatch
MarketWatch@MarketWatch·
Circor stock up 49%, nears 4-year high after $1.6 billion buyout deal from KKR trib.al/LWV0L4l
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Mario Gabelli
Mario Gabelli@MarioGabelli·
Deals,deals and ! ….Circor (CIR) being bght by KKR for $49 cash per share. Closed $31.67 ___new Mgt team allowed PMV to grow and surface
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Helmuth Ludwig
Helmuth Ludwig@HelmuthLudwig·
Last weekend, my colleague @BenSpottke and I hosted a deep dive session with 35+ CIOs at the inspiring CIO MOVE 2023 in Portugal. The work from the University of St.Gallen and Southern Methodist University has provoked many ideas and vivid discussions on…lnkd.in/gyH9sQGC
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Helmuth Ludwig@HelmuthLudwig·
Content filled discussion on the role of board of directors in the positioning of the firm as a digital leader (with a special focus on artificial intelligence). Thank you, Martina van Hettinga, for the excellent summary (including English translation) lnkd.in/g-3X9d9f
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Helmuth Ludwig
Helmuth Ludwig@HelmuthLudwig·
Congrats to the highly engaged students Anuroop Anuraag Rachel Ball-Phillips, Ph.D. @SterlingCBeard Luxor Brothers Andrew Charapko Nicole Chevins Siddharth Gorecha Alvaro Holschneider Peter LaNasa Narendra Raju Nadimpalli Okechi Nwabara Prerana Roy J.R. S…lnkd.in/gcc8AFad
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Shane Goodwin, PhD
Shane Goodwin, PhD@ShaneGoodwin·
It's always a privilege to discuss the great things we are doing for our students at SMU Cox School of Business with @JohnAByrne of Poets&Quants. Dr. @HelmuthLudwig and I discussed our recent Global Strategy Consulting course, which included several consu…lnkd.in/g4xNwn2B
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Beto O'Rourke
Beto O'Rourke@BetoORourke·
Governor Abbott, if you have any decency, you will immediately withdraw from this weekend’s NRA convention and urge them to hold it anywhere but Texas.
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Romeen Sheth
Romeen Sheth@RomeenSheth·
I’ve interviewed 120 legendary investors, founders and executives on my podcast. Collectively, they have created over $1 trillion of value for the world. Here are the best 20 lessons they have shared with me:
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Helmuth Ludwig@HelmuthLudwig·
@rvenk wrote an amazing and very practical book, that I can strongly recommend to anybody: if you are early in your personal stage of life it helps you orientate, if you are in a later stage it helps to take stock and potentially course correct and if you…lnkd.in/gP_mHxwY
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Helmuth Ludwig
Helmuth Ludwig@HelmuthLudwig·
Quote (see below): „In challenging times, igniting trust, intercultural understanding, and responsible leadership cannot be underestimated.” I couldn’t agree more - great example on how to foster understanding and responsibilty! lnkd.in/edr7hJ63
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