Management Turnover as Change Agent

Wednesday, July 23, 2008

Recommended Reading - Germany's cuddly corporate world gets shaken up

David Gow of the U.K.'s Guardian newspaper wrote a clever article discussing the growing influence in Germany of Maria-Elisabeth Schaeffler, a women  who owns, with her lawyer son Georg, the engineering group, the Schaeffler Group. Under Ms. Schaeffler's direction her private company has made an audacious hostile takeover attempt to acquire German public tire and car components manufacturer Continental Group CON (DAX).  

The piece is a worthwhile read and provides an interesting take on Ms Schaeffler financial/business acumen and the growing influence of women business leaders in Europe.  Check it out.

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