Trumpf CEO Leibinger-Kammüller recently shared her insights on various issues, including the challenges facing the company, her hopes for a new government under Friedrich Merz, and the importance of family businesses. As the head of the family-owned machinery manufacturer Trumpf, Leibinger-Kammüller emphasized the significance of long-term thinking and the ability of family businesses to weather economic storms better than publicly traded companies.
Reflecting on her own experience as a literature scholar and Japanologist in a family of engineers, Leibinger-Kammüller highlighted the importance of decision-making, risk tolerance, perseverance, and a passion for the business in leadership roles. She acknowledged making mistakes in her tenure but emphasized the value of learning from them.
Regarding the current challenges facing Trumpf, Leibinger-Kammüller pointed to the global economic weakness impacting industries like automotive, chemicals, and machinery in Germany. Despite the decline in orders, she highlighted the importance of the semiconductor market and the collaboration between Trumpf, Zeiss, and ASML in producing high-performance chips.
Leibinger-Kammüller also discussed the significance of good business conditions and infrastructure in attracting companies, citing her positive experiences in Switzerland. She emphasized the role of government policies in supporting industries and the need for a stable government and new political style in Germany.
On the topic of international relations, Leibinger-Kammüller expressed concerns about the geopolitical consequences of certain political decisions, particularly in relation to Russia and China. She emphasized the importance of technological leadership and market-driven approaches in addressing global challenges.
Looking ahead to the future of Trumpf, Leibinger-Kammüller discussed succession planning and the criteria for selecting her successor. While acknowledging the importance of family legacy, she stressed the need for strong leadership qualities and experience in operational roles for any potential family member to assume leadership.
In conclusion, Leibinger-Kammüller’s insights shed light on the complexities of running a family business, navigating economic challenges, and advocating for effective government policies to support industries. Her perspective as a business leader with a diverse background offers valuable lessons for aspiring entrepreneurs and policymakers alike.
