Innovation Prize for KSB
KSB is one of the three prize winners of the “Best Innovator 2008” competition, which management consultants A.T. Kearney organised together with the journal Wirtschaftswoche.
Innovation Prize for KSB
On behalf of KSB, Board of Management member Professor Dieter-Heinz Hellmann and Dr Andreas Kühl, Head of Development Process / Variants Management, accepted the prize at the German Federal Ministry of Economics and Technology in Berlin on 13 November 2008.
The distinction was awarded in this year’s special category of “Complexity Management”. It acknowledges the capacity to manufacture a very large number of products in various designs, sizes and materials with a comparatively low level of internal effort. KSB’s very varied portfolio extends from domestic rainwater harvesting systems via process pumps to boiler feed units for large power plants. The “high level of transparency regarding costs and value per product” was also a reason for the jury to give the award to the company. The other prize winners are Volkswagen AG (overall winner as “Best Innovator”) and Rational AG (winner in the category of “Innovative German Small and Medium-sized Enterprises”).
Source: KSB SE & Co. KGaA