What mega trends were shaping Schneider Electric’s market?
Electricity consumption and the Internet
What were the 4 main forces disrupting the existing business model?
Reliying on electric distributors, New technologies, energy transition, Asian competitors
From where are Schniders bigger competitors form?
Asia
How many divisions does the company have?
3
What are the three divisions called?
building, industry and infrastructure
The company for the most time has been successful in the stock market?
TRUE
What percentage of the revenues were devoted to R&D?
5%
In what year did Innovation @the Edge began?
2018
Did Innovation @the Edge began faced tough competition?
YES
What Horizon was channeled progressively through Innovation @the Edge?
Horizon 3
How many advantages of Innovation @the Edge we mentioned during the presentation?
5
Can you name 3 advantages of Innovation @the Edge mentioned before?
Knowledge, Divisions, Organization, Control, Innovation
In how many funds did Innovation @the Edge invest as limited partner?
5
Where were the funds that Innovation @the Edge invested in as limited partner?
2 in China, 3 in North America
In what year did Horizon 3 started?
2000
How many challenges were addressed with Innovation @the Edge being a limited partner?
2
What is one aspects Heriberto identified as critical to innovation @the Edge?
Pay for talent.
o
Long term commitment. After 5 to 7 years the results com in.
o
Tolerance for failure.
o
Hire best talent instead of using CVC as training ground
How many propositions did formed innovation @the edge
10
In how many Horizons (innovation model) did Schneider invest?
3
What percentage of the revenues devoted to R&D were devoted to Horizon 3?
6%