To enable participants to learn more about Germany’s success on Hidden Champions and Industry 4.0, CUHK EMBA partnered with the world-class European School of Management and Technology (ESMT Berlin) to conduct two Germany study trips respectively for students and alumni in July 2023.
The theme of the two study trips was “Revealing Germany’s Secrets of Hidden Champions and Industry 4.0.” For the student group, the study trip was an integral part of a course entitled “Global Business and Management Field Study.” Senior faculty at ESMT Berlin conducted a series of seminars on the following topics:
Germany’s economic success from a historical perspective and in the future
Germany, EU and the new world order
Counter strategies in global markets
Cost traps in innovative business models
Corporate structures in times of de-globalization
Success factors of Hidden Champions
Hidden Champions – the innovation fabric of Germany’s economy and the challenge of digitalization
Industry 4.0 & its application in Germany
Energy transformation trilemma: development in Germany and beyond
Energy transformation trilemma: innovation strategies towards a sustainable future
The participants also visited Biotronik, BMW, EUREF Campus Berlin and Porsche.