Manager in the crisis: Who can save the German economy now!

Manager in the crisis: Who can save the German economy now!

The current situation of the German economy is serious and partially alarming. The country's important business institutes warn that the economy could even shrink in 2024. This dark perspective causes topics such as the cause research and responsibility to put the foreground. The major political failure of the traffic light coalition are often named as guilty, but at the same time the company management and their decisions may not be neglected.

In a conversation with the headhunter Kaan Bludau, it becomes clear that the current challenges also have to do with the strategic mistakes of the top managers. Instead of finding solutions, many managers have failed to act in good time or to estimate future developments. "The old model obviously doesn't work," explains Bludau and puts his finger in the wound of the German business world.

management errors and their consequences

The importance of a clear but also innovative leadership is increasingly recognized in many industries. Especially in the automotive industry, a foundation of the German economy, managers have failed to respond correctly to the demand for electric vehicles in good time. "The mistakes were devastating for the German economy," said Bludau. While other countries, especially China, fill this gap in the market, Germany is watching and could lose its competitiveness in the long term.

Bludau emphasizes that the decline of a formerly respected industrial branch is also attributed to false management. "A lot of time was wasted to only convert large luxury models into the electrical age while the mass offer was neglected." This shows how important it is to understand the perspective of the consumer and proactively respond to their needs.

Another key to success for managers today is empathy. "Successful people often lack empathy for the big picture," explains the headhunter. It becomes clear that managers not only have to read numbers, but also have to lead people. This means reaching your own employees and taking their perspectives seriously. Here the new generation of management could learn to benefit from less traditional models in the middle class.

An example is Bill Anderson of Bayer, who is known for his ability to meet employees at eye level. His type of communication and its accessible personality have a positive impact on corporate culture and show how a good leadership style not only strengthens the company image, but can also raise the performance of the employees.

The future of German leadership

Bludau sees a clear way in front of them: German companies have to reinvent themselves and managers need charisma, courage and risk. "At a time when changes are the norm, it is essential that managers are willing to break new ground and advance innovations," continues Bludau.

The challenges are huge, not least because traditional hierarchies, paired with the basic German attitude to risk minimization, often slow the development of new ideas. Women in management positions could play an important role here by introducing fresh perspectives and approaches to the often stuck business policy. Their often identified organizational skills and empathy are crucial to direct management in a positive direction.

socially, the topic of gender roles continues to discuss, and the question remains how managers can include both men and women in decision -making processes. "I strongly recommend having more women in management positions," says Bludau and adds that it is a question of self -confidence and equal opportunities. However, the discussion about women's quota and its influence on the economy is far from over.

Overall, it is clear that the German business location has to become more agile and that brave, empathetic executives need to get out of the crisis successfully. The changes in corporate management are long overdue and time is pushing. Without fundamental renewal, the German economy will have to lose its status as a global leadership.

The statements of Kaan Bludau clarify that the entire industry is required to reorient itself and to question existing structures. It remains to be seen how things will go on, but the experiences gained so far show the urgent need to act. Further information and deeper insights into the topic can be found in the article on www.merkur.de .