Q&A: Exploring Siemens' Cost Savings Program

Q&A: Exploring Siemens' Cost Savings Program

Siemens' Markus Wegmann explains that the company's 3i program is a modernization and development program that has been in existence since 1997 and has been continuously adapted. Siemens' idea management system has been proven to make additional contributions to productivity in the millions. It is also a partner of agile idea competitions and initiatives such as 'Start-up-Now' or 'iDea Company'. The program is implemented by the divisions or the national companies, which are responsible for it. The program works to steer the strategic orientation in such a way that different corporate initiatives cooperate, whose ideas then flow into the 3i program.

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