As a biologist, the MMK gave me the unique opportunity to listen to numerous board members and managing directors of DAX companies and SMEs give their assessment of the economic situation in Germany and in their companies.The motto of this year's conference was "Strong together - resilience through networking and collaboration". For two days, members of the management level of companies from a wide range of industries (automotive, aviation, life science, robotics, chemicals, energy and many more) dealt with this overarching topic in presentations and panel discussions on two stages. In general, the importance of cooperation through long-term partnerships was emphasized in order to manoeuvre companies through the numerous crises in the current difficult economic environment. It was pointed out that the current complex problems (such as the transformation to greater sustainability or the ongoing need for digitalization) require equally complex answers, which smaller companies in particular can only come up with through cooperation. At the same time, it was noted that many board members see Germany's economic potential as very positive and would like to see a return of optimism in the economic outlook.
Within the companies, the main focus continues to be on the new AI models and ways of using them. For example, two speakers showed videos in which they were able to say sentences in numerous languages at native speaker level in their own voice and with correct lip movements, made possible by AI. Several examples and studies were also cited that showed the enormous increase in productivity in internal company processes through artificial intelligence (the increase in productivity when using AI in companies according to the studies was at least 12%).
In addition to the lectures, there were also workshops in which CEOs, among others, gave interested students information about their professional careers and everyday working life. For example, I was able to learn from Dr. Bernd Montag, CEO of Siemens Healthineers, his recommendations to science graduates who want to take on a management position in a large corporation: he advises them to remain authentic whilst taking on management responsibility and to apply for jobs with a wide range of tasks at an early stage.
First-class catering provided culinary refreshments during the breaks. All in all, I profited greatly from the event and I was delighted to have the opportunity to visit the MMK.
Text: Michael Soutscheck