The new digital force from East Asia
China: a new hotspot for innovations
Merck KGaA, Darmstadt, Germany capitalizes on China's opening
When it comes to the digital world, Silicon Valley is defining the present. But the future of the digital world is being created in China. Over the past several years, China has developed at lightning speed into one of the world’s leading hot spots for innovation – particularly in the digital economy. (more…)
China is a major innovation hotspot and one of our most important growth markets. Therefore, Merck KGaA, Darmstadt, Germany will continue to invest in China and strengthen its collaboration with local companies, startups, and research institutes. Only recently, we have announced to establish a new innovation hub in Guangzhou with which we will provide a strong platform for us and our partners to drive innovation in China.
China is making great efforts to open up its economy. An important milestone along China’s path of trade liberalization is the China International Import Expo (CIIE) I attended last week. The expo in Shanghai was the first-ever import-themed expo in China and aimed to actively open the Chinese market to the world.
Innovation and China – these two words match perfectly since China is continuously developing its economy at a very fast pace. Over the recent years, we have seen a rapid transformation from a labor-intensive to an innovation-driven economy. Merck KGaA, Darmstadt, Germany has strengthened its activities in China to be embedded into the local innovation ecosystem to shape the future industry development with our partners. (more…)
Digitalization is reputed to cost jobs. Many people see robots and artificial intelligence as a threat to their jobs. Unfortunately, public debate does not focus nearly enough on the employment opportunities that new digital technologies can offer older people or people with physical disabilities. Nor do we hear about how it can make the day-to-day work of many employees easier. Here’s my argument in favor of embracing technology. (more…)
Whether Skype, cloud solutions or collaborative intranets – the digital office is here to stay. At the same time, the digital transformation is also forging ahead into industrial production. (more…)
Curiosity is the theme of the conference that has brought together an impressive group of globally renowned scientists and entrepreneurs from around the world to Darmstadt. At the very first Curious2018 Future Insight Conference, which started on Monday, researchers, engineers, managers, and other bright minds are discussing the technologies of tomorrow. (more…)
Digital technologies have fundamentally changed the way we communicate and collaborate. And the transformation is continuing. Thanks to the new forms of digital communication, we’re becoming increasingly flexible, agile, and networked. At the same time, however, personal contact still provides tremendous benefits today. So, what does the ideal approach to collaboration look like in the future working world? (more…)
Managing global teams – spread all over the world in different time zones; new and much closer collaboration with external and internal partners; new ways of communication and collaboration enabled by new technological possibilities. The changes in our working environment have many and very different faces.
From smartphone to Smart Home: Technological progress will change not only the way we communicate, but also how we live and furnish our homes. In the Performance Materials business sector at Merck KGaA, Darmstadt, Germany, we are intensively exploring innovations that could someday be part of the standard furnishings within our own four walls.
Digital change is already impacting daily life in a variety of ways. People are using increasingly sophisticated smartphones and taking them everywhere they go. As a manufacturer of liquid crystals, which made the flat displays and brilliant images of smartphones possible in the first place, Merck KGaA, Darmstadt, Germany has played a defining role in this trend.
As a result of digital transformation, we’re increasingly working across national borders and department boundaries. Globalization is making intercultural collaboration more and more important: This is the only way for companies to make the best use of their employees’ expertise, whether functional or local.
Companies that want to thrive in the digital age must prepare their employees for the new challenges that lie ahead. That’s because the skills required in the new working world are changing dramatically.
In the new world of work, shaped by the opportunities provided by digitalization, life-long learning becomes more and more important. Future innovations will not be driven by technology alone, but particularly by the people using the technology, and the way they work with each other.
Digital transformation and its impact on the new world of work are slowly but surely changing existing hierarchical structures in companies. This is because greater flexibility and agility are often at odds with classic organizational models and traditional leadership behavior.