Rising to the Challenge of “Twin Transformation” Schneider Electric’s Evolution from Conventional Products to Sustainable Solutions

Published 11 Apr 2023
Reference 6818
Region Global
Length 4 page(s)
Language English
Summary

Schneider Electric was an industry pioneer in its twin transition to a digital and sustainable solution provider. After announcing its EcoStruxure platform in 2012, the transformation got off to a slow start. The main challenge was how to mobilise a successful product company to change when the traditional business continued to perform well. The case provides (i) an inside view of the transformation programme, which went through four stages, (ii) insights on how to lead a strategic transformation in a structured manner.

Teaching objectives

Provide a framework to help leaders understand the four-stage transformation needs of the organisation. Demonstrate how to construct a change programme in a more systemic way to anticipate those needs and create motivation for change.

Keywords
  • Schneider Electric
  • Cloud
  • Data
  • Solution
  • Leading Change
  • IoT
  • Connected Devices
  • Digital Transformation
  • Cloud Computing
  • Solutioning
  • Services
  • Change Management
  • Ilot
  • Sustainability
  • Q22023