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Remarks: Barbara Humpton, President and CEO of Siemens USA

Speaker:
Barbara Humpton, President & CEO, Siemens USA; Concordia Leadership Council Member

Barbara Humpton, President & CEO of Siemens USA and Concordia Leadership Council Member, noted that today’s global stakes are high: Russia’s war in Ukraine, the energy crisis, the continuing COVID-19 pandemic, and the hidden epidemic of cancer, among other critical issues. What, she asked, will it take to meet the moment? Humpton explained that businesses and governments need to work together to move with speed and scale to meet the moments of disruption we face now. A multi-stakeholder approach allows governments to set aspirations, businesses to define the art of the possible, and nonprofits to move the parts of society that need more assistance. With today’s digital technology, Humpton explained, invention can happen anywhere, and creative solutions can be transmitted everywhere. Stakeholders must bring speed to need, set the stage for optimism, and develop tools and capabilities for solutions to big problems.

Key takeaways & next steps:

  • The timeline for big changes has traditionally been long but addressing today’s myriad crises requires a quicker and more nimble approach.
  • There is an unprecedented opportunity for collaborative work if we harness the government’s scale and the speed of private business.

“We are gathering at a time when the stakes are extremely high. What will it take for us to meet the moment, with all of this hidden disruption?”

 

Barbara Humpton, President & CEO, Siemens USA and Concordia Leadership Council Member