Schneider Electric's CEO on how he's rebuilding the 189-year old energy giant for the AI era | Fortune
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Schneider Electric's CEO on how he's rebuilding the 189-year old energy giant for the AI era | Fortune
"My day one was in front of the board of Schneider, and they asked me a question: What do you have in mind? And I said, 'Look, I think Schneider has been an exceptional company. We've been transforming the company, but the world is changing. We need to define the next cycle of what Schneider is going to be, how we are going to impact this energy transition.'"
"That's a very good question. There are things related to geopolitics. We see this big shift on the energy transition: the supply is changing with more renewable energy everywhere, but the demand has shifted a lot because we are trying to electrify most of the demand in every part of the world. So this acceleration in both supply and demand is happening faster than expected. So that disrupts the way we will invent the technology of the future."
"Founded in 1836, the company is now considered of the most innovative, sustainable and best places to work. But it's also under pressure to stay ahead of the curve in a fast-changing energy environment where tariffs, AI, growing power needs and shifting policies around sustainability have created new challenges."
Schneider Electric, founded in 1836, ranks among the most innovative, sustainable, and desirable employers while facing pressure to stay ahead in a rapidly changing energy landscape. Tariffs, AI, rising power demand, and shifting sustainability policies are creating new challenges. CEO Olivier Blum intends to define Schneider's next cycle and impact the energy transition by leaning into technology and agility. The company cannot control geopolitical instability but can adapt organizationally. Rapid simultaneous acceleration of renewable supply and electrification-driven demand is disrupting how future energy technologies must be invented, requiring differentiated strategies and faster innovation.
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