Schneider Electric reviews

Bureaucratic, slow and highly relationship driven. Eager to transform but with a core culture based on employees who have been there a long time and are less able/willing to change. Hierarchical and strong focus on managing upwards rather than down in the organisation in order to succeed (or be seen as such). To make an impact and progress career wise it requires building personal relationships with an "inner circle" of people who are not overly inclusive.

- The CFO is now in control of the company: squeezing all expenses and budgets for a single objective: EBIT @17% and a higher share value - Strategy is limited to 1/ increase prices to customers 2/ Beat the teams on infinite productivity 3/ Run the operations with opportunistic & short term objectives - Investments are cut, projects and R&D must be "small", hires are almost frozen in mature countries - Technical expertise is vanishing as seniors retire without decent transmission processes - No more product innovation: Most of the new products are just "refreshed" 15 years old designs - The number of new patents is just apalling (but instructive) for such a group - Teams now totally spread over the world cumulating inefficiencies and political games. - Non stop "BS" on Ecostruxure which makes the execs look good on stage, but is meaningless for most of the employees and customers - Execs became arrogant and blind because Siemens and ABB now face their own challenges - Company acquisitions/integrations "fail" one after the other (Pelco, Telvent, Areva...) - Permanent communication on sustainable development while begging for Oilg&Gas business in "grey" countries... and divesting the Solar business ! - Profit sharing, incentive plans, and bonuses were cut in 2019, again just to make the EBIT look good.