Monthly Archives: April 2010

Publicis is the new Germany boss

Steven Althaus: Der Machertyp wechselt von der Allianz zu Publicis. Quelle: Pressebild

Steven Althaus: The Machertyp changes from the Alliance, Publicis. Source: press photo

DÜSSELDORF. The current national management team led by Peter Wendt (Germany) and Raffaele Arturo (Austria) shall be maintained and be subordinate to Althaus. The CEO of Publicis-Posten in Germany remains vacant since 2008, the last incumbent was Manfred Schuller, who had declared its independence.

"I am pleased with the new challenge," said the Handelsblatt Althaus yesterday. "The group is set up with their investments into the digital business very well." 2009 was number three in the global advertising market as the digital agency Razorfish acquired. Other important issues are for the doctorate merchant development of creative work and new business. "By this I will have to measure me."

Althaus has been working since 2002 for the Alliance. He is regarded as robust and confrontational Machertyp. Last year he led through a pitch for the million dollar advertising budget of the Alliance and was awarded the agency Grey – but with the condition that a branch office in Munich, the headquarters of the alliance to open.

The agency’s is not new to the restless manager, he was already in the service of Springer & Jacoby, as well as Young & Rubicam. Also on the client side, he has some experience: Before taking office at Allianz, he was CEO of the company’s customer payback.

Publicis is already looking since last summer for a new Germany boss. The Group employs some 9 000 staff, the customers include companies such as Coca-Cola, Nestle, Procter & Gamble, Renault.

Althaus’ succession in the alliance is already settled: Christian Deuringer and Erik Heusel, both already in the brand management of the Alliance activities take over the responsibility.

Firmsoftware control over the Internet

Im Netz von SAP: Die Mittelstandsoftware "Business by Design" soll für Umsatz sorgen. Quelle: dpa

In the network of SAP: The middle class software "Business by Design" aims to ensure sales. Source: AP

DÜSSELDORF. It was a difficult birth: Over two years passed before SAP has at his new middle Software "Business by Design (BBD) get all the problems under control. Now, you are almost ready in a few months, all customers can use the so-called Cloud software.

BBD represents a new generation of software. Everything is highly standardized, programs do not have to be installed on a company computer, but they are in a data center SAPService provider. Views will be served and the ERP program on the Internet through a browser. The leased software, from the hopes that the group has long been a breakthrough in business with the SME customers want in the new version 2.5 will be available in the second half of the year.

"There is currently no comparable ERP offering on the market," says Clemens Dietl, head of consulting and system integrator Max IT. The Munich-based company is among the 100 selected customers with whom SAP its new product in the past twelve months has been tested and optimized so that it can be used without much previous knowledge.

"Our ERP software was getting on in years. We have sought an integrated solution which is sustainable," said Dietl. Therefore we have chosen the Cloud software. After three and a half months she was ready.

"Business by Design" has been retreaded in the past year almost. Originally sought SAP Start with the program already in 2008. But nothing came of it: The original version was too complex and had fundamental weaknesses. Would lack a scalable, able to react flexibly to the customers on market changes. In addition, the operating costs were too high, so for SAP the margin was too low.

It seems that the software company has solved the problems. To crop the highly standardized software to the individual needs of customers, develop SAPPartner-specific industry solutions. First prototypes will be on display for the first time in May on the "Sapphire", the Open House of the software group in Frankfurt.

Small catch: There is still demand for leased software in Germany low. However, Gartner analyst Christian Hestermann is certain that such an offer for smaller companies will continue to play a greater role. "For the classic medium of leased software is an interesting alternative," he says. Even from the perspective of data security could be worth a switch. Compared with large enterprises, it is expensive for small businesses to protect their own IT extensively, says the analyst.

"If the software is running, it is SAP quite succeed, to win customers for it, "market researcher also believes RAAD Cristian Wieland. The Cloud offer was so attractive to many companies because they can thus reduce their fixed IT costs.

The cost argument has been the other ERP vendors discovered for themselves. Although you have not developed new software, but a new pricing model: the cost of license and maintenance, they have passed on a monthly amount.

The ERP market for the German Mittelstand is heterogeneous, with some 150 vendors very much. Many small IT companies to develop specific industry solutions to few customers. The trump card of the companies is their customer focus and flexibility. Developers can integrate needs and ideas into the programs.

The most widely used provider in Germany next SAP – are viewed across all sectors – Microsoft, Oracle, Sage, Comarch (formerly SoftM) and Infor Global Solutions. The latter have been created in recent years by more than 20 acquisitions such as Baan and Brain stock a wide clientele.

are reliable sales figures for the chaotic market, it is not – but estimates of analysts: "Sales of ERP solutions in SMEs will stagnate this year on last year’s level," Raad estimates market researcher Wieland. Surveys of Münster company at companies with 100 to 2 000 employees show that is mainly invested in the optimization of processes, but not in new projects. That will change at the earliest next year – provided the economy continues to recover, "says Wieland.

Most midsize companies with more than 100 people have now, although ERP software in use. "Many, however, use older programs that need to be replaced urgently. There is still much potential for operators," says Wieland. In particular, smaller companies have in the past bought up by and by individual software solutions for corporate management: programs for financial accounting, payroll, production planning and control (PPC) or logistics.

"Many SMEs operate a veritable zoo of applications," says Gartner analyst Hestermann. Here, there is urgent need for consolidation, because the operation of the various programs had become too expensive. "Are in demand solutions that offer much as possible in one package," says Hester man.

In particular, vendors such as SAP, Microsoft, Comarch, Infor, Abas, or Proalpha offer such integrated applications. "They are increasingly replacing outdated and poorly integrated solutions from the market," says Frank Niemann, an analyst at Pierre Audoin Consultants (PAC).

Technological differences are often identify only in detail. Programs are so well standardized so that they can be sold to various industries. Partner companies not only take over the distribution, they also possess the necessary process knowledge with which they can develop solutions tailored to the particular industry. "This so-called channel partner for providers as important as the product itself," says the PAC-Analyst.

Telekom says the Wall Street Goodbye

Die Telekom bricht die Zelte an den US-Börsen ab. Quelle: dpa

The Telekom will cancel the tents to the U.S. stock exchanges. Source: AP

DÜSSELDORF. Great expectations often follow big disillusionment. At Deutsche Telekom was the bringer of hope Ron Sommer. 1996 was the then head of Telekom’s good news to New York. A listing on Wall Street should make the young T-shares to U.S. investors attractive and its price. On Wednesday, however, the telecom adopted after 14 years of this dream: She announced to take their share for the summer from the New York Stock Exchange.

Speak against the listing the associated costs and legal risk, given the stringent U.S. compliance rules. The cost is higher than the earnings, it said in Bonn. The trade figures showed: in the meantime by daily 30 million traded telecom papers only 1.3 million in New York on and sold. 20 million Deutsche Telekom shares in Frankfurt switch their owners, the rest at German regional or European stock exchanges. "There are always places itself in the trade natural monopolies," says telecom analyst Frank Rothauge. For investors, it makes the most sense to buy a stock where the liquidity is highest, because they will not even at higher volumes should expect delays and price distortions.

With the delisting, reason wins out over vanity – as with some other German corporations before. "Many foreign companies hoped that their papers in New York traded stronger because of the more liquid market than Frankfurt or London," Arndt Rautenberg said of the management consulting firm OC & C. "This hope has not materialized."

Are mainly accumulated costs: The U.S. SEC has different rules for the preparation of an annual report, as it provided the German Stock Corporation Law and the International Financial Reporting Standards (IFRS). That means for the company a significant overhead.

The Telekom justify their withdrawal with the rigor. "The main objective of the delisting and deregistration, to simplify the processes of financial reporting within the company and cut costs," the company said on Wednesday. How much it spends less so, he estimated, however, not officially. In the hand it was said, however, the group could retreat through the ten million savings annually.

The 21st June will be the last trading day of the T-shares in New York. Your U.S. investors put off Telekom, which operates through its subsidiary T-Mobile in the United States a strong presence, with a crutch: The Telekom will continue to so-called American Depositary Shares (ADS issue). This is a form of a certificate that is issued by U.S. depositary banks and stands for a certain number of shares of a foreign company.

Catches the sharp U.S. Securities and Exchange Commission that escapes the telecom is not. Because the Group operates with T-Mobile’s strong operating a U.S. business, he must first continue to fear of SEC investigations.

With the pitfalls of the American legislation, Telekom has already acquired experience. Sun sued the French conglomerate Vivendi, the Germans in the U.S. once for the release of shares in the Polish mobile communications provider, Telekom holds PTC. This uses the so-called Vivendi Rico-law, a tool to combat criminal organizations like the Mafia. The action is regarded as absurd – the case but it shows what the hardships of a listing in the U.S. can grow.

The operational business of telecom in the U.S. is not by retreating from the stock exchange concerned. North America is the most important market for Deutsche Telekom. In recent months, the former driver of growth faltered, however, enormous. T-Mobile USA will lose customers and must find a way, as the smallest suppliers in competition with U.S. giants such as AT & T to exist.

It is known that Telekom is looking for an investor. It should help to stem the huge investment that are necessary for upgrading the network for the fourth generation mobile communications. Most of all when Bonn is probably a partnership. For a time, is considered even a rumor that the Deutsche Telekom plans to launch T-Mobile USA as an independent company to go public. The Telekom does not comment on it. The Board provides, however, the business must be stabilized first, before one could think of an IPO.

Pressure to find a solution came in the U.S. on Wednesday by shareholders: Klaus Kaldemorgen, head of the fund company DWS spoke out in favor of giving the majority of T-Mobile USA is a partner. "The shareholders want the massive investment in the U.S. do not bear any longer," said Kaldemorgen the "Manager Magazin".

Starbucks remain strong and hot

Kaffee läuft wieder: Starbucks verdient ordentlich. Quelle: ap

Coffee runs again, Starbucks earned tidy. Source: AP

HB SEATTLE. Starbucks is trendy. The business of the world’s largest coffeehouse chain growled in the second quarter (end March). Sales were down by nine percent to 2.5 billion U.S. dollars upwards, the profit increased tenfold, almost in comparison to the same period to 217 million dollars. Chief Financial Officer Troy Alstead said on Wednesday in Seattle by record results for the quarter of the year and raised the profit forecast for the full year.

This proved to Starbucks once more strength. The post-trade price went up by almost 1 percent. Even the Christmas season was over excellent. Only a month ago, the chain had also announced to want the first time a dividend to shareholders. Also, shares are repurchased. This drives the course.

The performance in the second quarter show that the conversion of the company over the past two years have paid off, "said CEO Howard Schultz. It is not so long ago, the group wrote the red. Starbucks was too rapid expansion and the economic crisis to become a fatality. The group was heavily on the brake, closed branches and saved costs. He also lowered the prices for simple drinks.

Meanwhile, Starbucks has switched back to growth: up to the end of the year in the U.S. domestic market, as planned, added 100 branches, the rest of the world’s 200th So will Starbucks to increase sales in the mid-single digit percentage range. Instead of 1.02 to 1.05 dollars per share, the coffeehouse chain dares now but the bottom line of earning 1.16 to 1.19 dollars. That’s more twice as much as last year.

The good run Starbucks succeeded in spite of competition from McDonald’s. The fast-food chain comes with its McCafé line on soliciting. Starbucks then allied itself with Burger King. From September, the coffee comes in its 7250 U.S. restaurants by the Starbucks subsidiary Seattle’s Best Coffee.

Dispute between Postbank and Commerzbank escalates

Eine Notizmappe liegt vor dem Logo der Commerzbank. Quelle: dpa

A note session prior to the logo of the Commerzbank. Source: AP

FRANKFURT. About 400 employees from the PostbankPayments must be in seeking to shift their range in the near future Commerzbank . Sue A PostbankSpokesman said on Wednesday that negotiations had ended without agreement of both Houses. A new date for a compromise in the dispute was not foreseeable at this time.

Thus hundreds of employees to be likely between the already crushed by massive job cuts troubled homes. "This conflict can not be fought on the backs of the workers," said Gerd Tausendfreund of the Verdi union on the board of Postbank sits. It might not be that two banks cut short with a contract between the Civil Code (BGB). This provides in essence that in cases where substantial resources transferred from one to the other companies, to be followed by the employees. Verdi sees this situation as a given.

The Commerzbank will – as has long been known – from 2011, complete the payment of the acquired Dresdner Bank itself again. This had him in 2004 as part of a business along with the employees Postbank outsourced. The Commerzbank But it persists to call back only the volume of business – it has already too many people aboard and strokes alone in 6500 domestic agencies.

The Postbank plans, however again an operation. That the affected employees may under Section 613a of the Civil Code (BGB) disagree though. But because its operations to Commerzbank moves, they would have in the short term Postbank expect a cancellation. This also builds the elimination of 2,000 jobs announced.

Both parties tried yesterday to make the Bank each other responsible for the situation. "This is a false impression", said a spokeswoman for the Commerzbank. It is a known fact for over a year that the removal contract expired, as planned. "There is no transfer of operations and taking on staff was never agreed," she added.

In Postbank we see it differently, pointing out that the former payment unit (ZVS) operation already has several transitions behind. It has taken over in the past, the business with employees of Dresdner Bank and now wanted them both to the Commerzbank return as title. "We understand the logic," said the PostbankSpokesman. Bonner adds that the institution in which the German Bank nearly 30 percent, holds the Commerzbank a compromise made. This is but met with rejection. The affected employees would have to now in the Commerzbank . Sue

The dispute could now for the Commerzbank lead to massive damage to reputation. Germany’s second-largest money home was supported by the federal government with 18.2 billion euros, the state owns just over 25 percent of the bank. The Institute is so much stronger in the eyes of the public and politicians. The latter responds to workplace disputes experience critically.