SMS Lifetime Achievement Award

This award is intended to honor the highest level of achievement in Strategic Management by a business leader.  It is not an annual award; it is only given when an appropriate honoree is available.  The honoree receives a suitable plaque and has the “citation of accomplishment” published in the Strategic Management Journal. In addition the honoree is invited to give a lecture at the SMS Annual International Conference, which is subsequently published in the Strategic Management Journal.

2016 Lifetime Achievement Award Recipient: Joe Kaeser

In honor of the highest level of achievement in strategic management by a business leader, the SMS presented the Lifetime achievement award to Joe Kaeser during his Keynote speech at the SMS Annual Conference in Berlin on Tuesday, Sept. 20, 2016. Joe Kaeser is the CEO of Siemens, AG, where he has demonstrated sustained strategic leadership and innovation that significantly altered strategy practice.

Joe Kaeser is President and Chief Executive Officer of Siemens AG, a global powerhouse in electronics and electrical engineering. He has over 35 years of experience at Siemens, where he has held a variety of leading management positions in finance and strategy both in and outside Germany. Joe Kaeser began his career at Siemens in 1980 in the field of components and semiconductors, where he also worked in Malaysia and the U.S. In 1999, he joined the Corporate Finance department. In 2001, he was appointed Chief Financial Officer of the Information and Communication Mobile Group. From 2004 to 2006, he served as Siemens’ Chief Strategy Officer. Immediately prior to his appointment as CEO in August 2013, Joe Kaeser had served as Siemens’ Chief Financial Officer for seven years. Joe Kaeser is member of the supervisory boards of Daimler AG, Allianz Deutschland AG, and NXP Semiconductors N.V.

Award Criteria

  • The honoree must have demonstrated sustained strategic leadership and innovation that significantly altered strategy practice.  In this regard, “sustained” means across business cycles.  It is hard to envision this period being shorter than a decade.
  • Furthermore, this leadership and innovation must be such that it significantly impacts strategy practice in industries beyond the home industry of the honoree, and is the subject of academic attention in major business schools.
  • The honoree should be in the later stages of his/her career or be recently retired.  Generally this would mean someone over 55 years of age, although occasional exceptions may occur.

The SMS Lifetime Achievement Award Committee is composed of the Executive Committee of the SMS Board of Directors.