Post by Verena Cordes

Board Member / Strategic Development, Sustainability and Corporate Affairs at Ventilatorenfabrik Oelde

๐—•๐—ผ๐—น๐—ฑ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐˜€ ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ ๐˜ƒ๐—ถ๐˜€๐—ถ๐—ผ๐—ป, ๐—ฝ๐—ฒ๐—ฟ๐˜€๐—ถ๐˜€๐˜๐—ฒ๐—ป๐—ฐ๐—ฒ โ€” ๐—ฎ๐—ป๐—ฑ ๐—ผ๐—ณ๐˜๐—ฒ๐—ป ๐˜€๐˜๐—ฎ๐—ฟ๐˜ ๐˜„๐—ถ๐˜๐—ต ๐—ฎ ๐—ฐ๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ป. ย  โ€œBold Movesโ€ was the title of this yearโ€™s #MMK conference โ€” a very fitting one, because it captures exactly what MMK creates. ย  It is one of the spaces where hierarchies blur: when DAX supervisory board members become curious students of the Mittelstand โ€” and when university students challenge a CEOโ€™s marketing pitch. ย  When these conversations unfold, many themes rise to the surface. One of them was the evolving role of supervisory boards: With rising complexity, many agendas are dominated by compliance and risk mitigation. All essential โ€” but often at the cost of strategic momentum. The stronger signal is this: ๐—ด๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—บ๐˜‚๐˜€๐˜ ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜ƒ๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฝ๐—ฟ๐—ถ๐—บ๐—ฎ๐—ฟ๐—ถ๐—น๐˜† ๐—ฎ๐˜ƒ๐—ผ๐—ถ๐—ฑ๐—ถ๐—ป๐—ด ๐—ฑ๐—ผ๐˜„๐—ป๐˜€๐—ถ๐—ฑ๐—ฒ ๐—ฟ๐—ถ๐˜€๐—ธ๐˜€ ๐˜๐—ผ๐˜„๐—ฎ๐—ฟ๐—ฑ๐˜€ ๐—ฎ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐—น๐˜† ๐—ฒ๐—ป๐—ฎ๐—ฏ๐—น๐—ถ๐—ป๐—ด ๐—ผ๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜†. From my own experience, this mindset already exists quite naturally in Mittelstand boards. And yet, one diagnosis on stage was hard to ignore: โ€œ๐—ง๐—ต๐—ฒ ๐— ๐—ถ๐˜๐˜๐—ฒ๐—น๐˜€๐˜๐—ฎ๐—ป๐—ฑ ๐—ฏ๐—ฎ๐—ฟ๐—ฒ๐—น๐˜† ๐—ต๐—ฎ๐˜€ ๐—ฎ ๐—ฝ๐˜‚๐—น๐˜€๐—ฒ.โ€ If the backbone of the German economy is to regain momentum, a broader mindset shift is needed โ€” not only in boardrooms but also in politics. Also there we need to ๐—บ๐—ผ๐˜ƒ๐—ฒ ๐—ฏ๐—ฒ๐˜†๐—ผ๐—ป๐—ฑ ๐—ฎ ๐—ฝ๐—ฟ๐—ฒ๐—ฑ๐—ผ๐—บ๐—ถ๐—ป๐—ฎ๐—ป๐˜๐—น๐˜† ๐—ฟ๐—ถ๐˜€๐—ธ-๐—ฎ๐˜ƒ๐—ผ๐—ถ๐—ฑ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—น๐—ผ๐—ด๐—ถ๐—ฐ ๐—ถ๐—ป ๐—ฟ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜๐—ผ๐˜„๐—ฎ๐—ฟ๐—ฑ๐˜€ ๐—ฎ๐—ป ๐—ฒ๐—ป๐—ฎ๐—ฏ๐—น๐—ถ๐—ป๐—ด ๐—บ๐—ถ๐—ป๐—ฑ๐˜€๐—ฒ๐˜ โ€” creating the conditions that allow companies to seize opportunities and scale sustainable innovation. As this was another takeaway: ๐˜€๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ถ๐˜€ ๐—ป๐—ผ๐˜ ๐—ฑ๐—ถ๐˜€๐—ฎ๐—ฝ๐—ฝ๐—ฒ๐—ฎ๐—ฟ๐—ถ๐—ป๐—ด โ€” ๐—ถ๐˜ ๐—ถ๐˜€ ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜ƒ๐—ถ๐—ป๐—ด. Less signalling. More execution, resilience and long-term value creation and a catalyst for bold moves in its own. At a recent futurist event it hit me that ๐—ฎ ๐˜„๐—ผ๐—ฟ๐—ฟ๐˜†๐—ถ๐—ป๐—ด๐—น๐˜† ๐—ต๐—ถ๐—ด๐—ต ๐—ป๐˜‚๐—บ๐—ฏ๐—ฒ๐—ฟ ๐—ผ๐—ณ ๐—ฝ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐˜€๐˜๐—ฟ๐˜‚๐—ด๐—ด๐—น๐—ฒ ๐˜๐—ผ ๐—ถ๐—บ๐—ฎ๐—ด๐—ถ๐—ป๐—ฒ ๐—ฎ ๐—ฝ๐—ผ๐˜€๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ณ๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ. ๐˜ž๐˜ฐ๐˜ถ๐˜ญ๐˜ฅ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ฑ๐˜ฆ๐˜ณ๐˜ค๐˜ฆ๐˜ฑ๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ด๐˜ฉ๐˜ช๐˜ง๐˜ต ๐˜ช๐˜ง ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฑ๐˜ฆ๐˜ฐ๐˜ฑ๐˜ญ๐˜ฆ ๐˜ฆ๐˜น๐˜ฑ๐˜ฆ๐˜ณ๐˜ช๐˜ฆ๐˜ฏ๐˜ค๐˜ฆ๐˜ฅ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฆ๐˜ฏ๐˜ฆ๐˜ณ๐˜จ๐˜บ, ๐˜ฐ๐˜ฑ๐˜ฆ๐˜ฏ๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ค๐˜ฐ๐˜ฏ๐˜ด๐˜ต๐˜ณ๐˜ถ๐˜ค๐˜ต๐˜ช๐˜ท๐˜ฆ ๐˜ข๐˜ฎ๐˜ฃ๐˜ช๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜จ๐˜ข๐˜ต๐˜ฉ๐˜ฆ๐˜ณ๐˜ช๐˜ฏ๐˜จ๐˜ด ๐˜ญ๐˜ช๐˜ฌ๐˜ฆ ๐˜”๐˜”๐˜’ ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ต๐˜ฆ? Iโ€™m leaving MMK with optimism โ€” and the conviction that ๐—ฏ๐—ผ๐—น๐—ฑ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ฟ๐—ฎ๐—ฟ๐—ฒ๐—น๐˜† ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฒ๐˜€๐˜‚๐—น๐˜ ๐—ผ๐—ณ ๐—ถ๐—ป๐—ฑ๐—ถ๐˜ƒ๐—ถ๐—ฑ๐˜‚๐—ฎ๐—น ๐—ฏ๐—ฟ๐—ถ๐—น๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ, ๐—ฏ๐˜‚๐˜ ๐—ผ๐—ณ ๐—ฐ๐—ผ๐—น๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฐ๐—ผ๐˜‚๐—ฟ๐—ฎ๐—ด๐—ฒ. ๐™’๐™๐™–๐™ฉ ๐™ฅ๐™ค๐™จ๐™ž๐™ฉ๐™ž๐™ซ๐™š ๐™ฉ๐™๐™ค๐™ช๐™œ๐™๐™ฉ ๐™–๐™ง๐™š ๐™ฎ๐™ค๐™ช ๐™ฉ๐™–๐™ ๐™ž๐™ฃ๐™œ ๐™ฌ๐™ž๐™ฉ๐™ ๐™ฎ๐™ค๐™ช? Ricarda Engelmeier, Franziska Deecke, Linda Becker, Elvire Meier-Comte, Dr., Dr. Sonja Fleischer, Angie Gifford, ๐Ÿ‘ฝ Eden Chabanet, Johannes Mohren, Florian Hoffmann, Dr. Ulrike Tagscherer, Tobias Engelmeier, Valentina Stadler, Begonia Vazquez Merayo, Dr. Norman Goldberg, Johannes Schroeten, Rachel Empey, Sascha Gerland, Prof. Dr. Robert Mayr, Christian Kopf

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