"Mr. Loescher, thank you very much for being with us here today. If we can start off as Dean [inaudible] said, you have worked in many different countries across the world and worked in many different ..."

"the organization and for me, the fifth one I would say is that you have to have a true north for yourself irrespective of company values or company culture that you clearly define for yourself what's ..."

"highest priority. The second one is then when you are the first one coming from the outside in this way on to the management board you know it's the natural thing, I mean who is person. I didn't have ..."

"this most pressing issue what we had to deal with. And then you very quickly move on to really say I wanted to have 100 days, I wanted to have 100 days for the simple reason that I wanted to really se..."

"that I also get an input from the customer viewpoint. So a classic day, if you ask me what is a classic day within Siemens and I think it's probably still valid today and this is what I have basically..."

"and direct dialogue with the teams around the world. And as you have evolved as a leader and if we broaden it out just beyond Siemens, could you talk perhaps about how your personal style of leadershi..."

"it's very, very important that you give this, you cannot just set it from the top and say this is what we will do and this is how it looks like and these are the action steps and I ask you to follow, ..."

"privilege. But I guess with that privilege comes a lot of responsibility in leaders and when you look at these high potential leaders you mentioned you have lunch with them many days. I think a lot of..."

"want to become entrepreneurs, you look for very different fulfillments in your life. I mean when I was at Harvard and we were talking about when you go through the last 20 years, I mean 20 years ago p..."

"somebody in life will tell you and now you are fully responsible. You are asking for the responsibility far earlier than any generation before you. You also have an enormous privilege like all of us w..."

"challenge and that's the type of opportunity space which big companies have to face. And when we look at this next generation leaders, how do you think the challenges that they will face as leaders, y..."

"opportunity space is. I think in order to do that all of us have benefited from mentors in our life to provide us guidance and to help us understand the potential that exists for us. You mentioned Jac..."

"myself. And as you have become a senior- And by the way, at that time, my ambition level was to become the CEO of Hoechst Austria. I guess you are perhaps now a mentor to other people in your organiza..."

"part of my time to make sure that I stay in touch with them and that we have a continuous dialogue. And before we open it questions, one last thing that we have seen in the last five years is a much c..."

"very important one particularly for a company like ourselves. (Informal Talk) [Audience] Thank you very much. I wanted to ask you what cleantech opportunities do you see for Latin America. I mean I wi..."

"the biggest infrastructure company and this is what I set out as a vision for the company to be a green infrastructure pioneer. So that's the major, major strategic emphasis of the company across all ..."

"around the world. And in south and Latin America and this is all around the world. When you then talk about and you talk about the Olympic games for example Brazil or the Football World Cup, the big r..."

"America. [Audience] Hi. Thank you very much for being here with us Mr. Loescher. A question I have for you is the following. Over the past 100 years, the German precise traditional way of doing things..."

"a very important push, it's a very strategic one and this will be very important because there is nothing more democratic than innovation process around the world. And when you are looking to where bi..."

"[Audience] Thank you sir. My question is looking forward to the next 10 years what is the single most important strategic issue that you have to face as a CEO and how are you gearing the company to ac..."

"Desertec where we basically try to harness the sun of Africa not just for the African countries themselves but also ultimately being available for importing towards Europe is a big vision which is 10 ..."

"Government. So I engaged very much at the top level of the political environment of Abu Dhabi to say let's pull together a small team of your people who are responsible for Masdar City under the leade..."

"encountered this in my professional life for sure. [Audience] Sir, you spoke about how young people are asking for more responsibility at an earlier age. For that model to work that means young people..."

"question that you have asked. [Audience inaudible] The Stuxnet is a great business opportunity because now many industrial companies have realized the danger of being actually part of a portable compu..."