West Germany: The State of Siemens

In the world of electrical manufacturing, West Germany's Siemens considers itself more than a great corporation: it is like a state. Its chief of foreign operations−which cover 79 nations−is known in the company as "the foreign minister." The top-policy management board is a "parliament." Line executives are nicknamed "our generals." Says one of them: "We try to follow General von Moltke's motto: 'Be more than you seem.' "

Siemens is Germany's largest private employer, with 207.000 workers at home and another 28,000 around the world. But it is more than it seems to...

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