Lessons for the Rest of the World

Jack Ewing

Chapter 14 in Germany’s Economic Renaissance, 2014, pp 157-165 from Palgrave Macmillan

Abstract: Abstract The ideal German company embodies traditions of craftsmanship, family loyalty, and vocational education that go back centuries, married to modern technology that enables instant communication and fast movement of people and things around the globe. The question is whether the model, and not just the products, can be exported to America and other places. Ask German managers that question, and you will encounter some skepticism. “In America you can do almost everything,” Martin Kannegiesser replied when I asked him whether it would be possible to build a company like his in America. “The population is so dynamic. Everything is possible,” he said. But then he added, “It will take a long time. This is a culture that has developed over generations,” he said, referring to German traditions.

Keywords: Private Equity; German Company; Worker Council; Quarterly Earning; Family Loyalty (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34054-2_14

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DOI: 10.1057/9781137340542_14

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