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Watch the recording from Today's Global Leader with Bonita Grupp, managing partner of Trigema, which took place on October 24, 2024, at ESMT Berlin. In this hybrid event, Bonita Grupp shared her insights on navigating the generational transition of one of Germany's top family-owned businesses. She gave insights on Trigema's strategies for sustainability, maintaining independence in its supply chain, and integrating a diverse workforce while upholding a “made in Germany” ethos. Bianca Schmitz, lecturer at ESMT Berlin, provided opening remarks on the landscape of doing business in Germany, offering key insights into the challenges and opportunities faced by the Mittelstand. The evening was moderated by TV presenter, journalist, and consultant Astrid Frohloff. The event took place in cooperation with Initiative Sustainable Leadership (IZF). ---- ESMT Berlin is a leading global business school with its campus in the heart of Berlin. Founded by 25 global companies, ESMT offers master, MBA, and PhD programs, as well as executive education on its campus in Berlin, in locations around the world, online, and in online blended format. Focusing on leadership, innovation, and analytics, its diverse faculty publishes outstanding research in top academic journals. Additionally, the international business school provides an interdisciplinary platform for discourse between politics, business, and academia. ESMT is a non-profit private institution of higher education with the right to grant PhDs and is accredited by AACSB, AMBA, EQUIS, and ZEvA. It is committed to diversity, equity, and inclusion across all its activities and communities. Connect with ESMT Berlin: Visit our website: https://esmt.berlin/ Follow us on LinkedIn: / esmt Follow us on Instagram: @esmtberlin Follow on X: @esmtberlin Follow us on Facebook: / esmtberlin.org 0:03 | Introduction by the moderator, welcoming audience and introducing Bonita Grupp. 1:05 | Overview of German medium-sized enterprises as the backbone of the economy. 2:09 | Welcome speech by Martha Ilhbrock, highlighting the all-female panel. 3:35 | Dr. Helga Breuninger shares personal stories of leadership and succession. 9:06 | Opening remarks by Bianca Schmitz on family businesses and hidden champions. 12:48 | Importance of succession planning and family businesses' role in Germany’s economy. 17:09 | Discussion on Trigema's commitment to sustainability and regional employment. 23:11 | Bonita Grupp officially introduced, reflecting on her transition to leadership. 25:39 | Co-leadership with her brother: How they make decisions and divide responsibilities. 30:04 | Revamping Trigema’s marketing with AI-generated brand ambassador "Charlie." 32:02 | Bonita’s leadership style: Open office culture and employee accessibility. 34:46 | Social responsibility: Trigema’s role in supporting local employment. 38:04 | Maintaining German production: Challenges and advantages of local manufacturing. 40:58 | Impact of COVID-19: Adapting supply chains and keeping operations running. 44:03 | Store expansion strategy and customer engagement in holiday destinations. 47:55 | Workforce diversity: Managing a team from over 40 different nationalities. 50:36 | Challenges in attracting skilled labor and innovative housing solutions. 54:07 | Entering politics: Balancing business leadership with civic engagement. 57:15 | Addressing concerns about rising labor costs and automation in production. 1:03:09 | Employee retention strategies and the importance of long-term loyalty. 1:07:11 | Sustainability efforts: Reducing water and energy consumption in production. 1:12:13 | Personal resilience: Managing work-life balance as a business leader. 1:16:02 | Leadership lessons and career advice for young professionals. 1:24:21 | Closing remarks: Encouraging optimism about Germany’s business future.