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Jean-Pascal Tricoire

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47
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2023-03-01
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2023-03-01
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  1. Okay, the only legacy is to have a company well positioned, a company on a company that has a real purpose, a real utility to the society, and where people are proud and happy to operate, and free enough to make an impact, and to innovate. That's my only legacy. You know, Schneider was created in 1836. I was not the founder of the company. But, of course, but I spent more than 35 years in the company, a long time at the bottom of it, I had the chance to be selected to drive its transformation to a new point. And I just want the team that will take over at a point in time to do it on a very solid foundation and to be in a good position to keep going with the journey.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  2. While I speak some of them, but always with a French accent, which is a pain for my people speaking with me. But yeah, it helps you. I lived in different countries. So I lived five years in Italy and I speak Italian. I lived in China in the 90s. And at that time it was difficult to find people who are speaking English or I speak a broken Chinese, but enough to be able to handle my way and communicate. My wife's Dutch and I'm still learning English. But of course it helps you to understand on language is an interesting Element that allows you to go much deeper in the culture because language structures, also part of the culture and expression say so much about culture. So if you're able to crack a little bit that and make it a personal interest, then you get much deeper into cultures of culture.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  3. Are plenty of spaces, plenty of places to go to, but for the first 23 years of my life, I was in that farming environment, no money, so couldn't travel, took my first plane when I was 23. I've caught up, right? I've seriously caught up. I've been to more than 100 countries. And as a masochistic person, when I stopped traveling for business, my family and me go to places that are difficult to reach to understand what is the life of people in those places. And I think you learn so much, right?

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  4. over the past 20 years has been to maintain a very flat company because I knew when I was in that same company which was very deep, our life was very different in the depths of it, on what was expressed. So that permanent contact is really important.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  5. I always think it's better to get information from the field than getting them from a report or those kind of thing. Of course, I'm highly considering what comes in a structured way from my financial direction, marketing direction, strategy direction, and so on. But there is nothing that bits being with a customer in front of a machine, in front of a process, in front of a green building, trying to understand what are the friction points or the frustrations. on my people do that every day, but sometimes getting deeper because what I do gives me access probably to higher level in the company, I'm getting a first level understanding of what's happening is much more precious than anything you read. Same thing in meeting people. People can tell how they leave the company, deep into the company. I come from there. And I still remember on one of my obsessions,

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Yes, I don't have a fixed office, right? I mean those flex spaces in the world where we are or very often in more absurd places, in hotels and so on.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  7. I read, I read the press, but probably my biggest source of information is people trying to go beyond what everything reads, but keeping my contact points in many geographies, in many business, in other companies, and comparing notes, exchanging, on getting...

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  8. Yeah, that's an encouragement to be lazy, right? To be fast. Look, probably this is the only place the males where I would exclude that. I am not sure that we are fast to answer mails, but sometimes you receive so many of them that it's good to pause on them. I'm more saying that when companies grow and develop, they tend to be more micromanaging, more centralized than before because people want to have one size fits all. There is a corporate of which the role is to make sure it's a company, that everything is aligned. While the reality, the microeconomy of those companies is living in a region, in a country, in a business, which goes very fast. If you are able to bring together that capability of being very global and at the same time to be very fast, then you have an unbeatable combination.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  9. The biggest challenge is that the more the world is uncertain, the more stakeholders are asking you for precise forecast and precise, which is collective madness. Actually, the more the world is becoming uncertain, the more you have to be sure of your midterm destination and you have to cultivate your capability to adapt to all the bumps in the road. And there are many bumps. And sometimes those bumps are massive opportunities. Look at the past three years. We didn't see the COVID. We didn't see such a fast recovery. We didn't see the supply chain issues that happen. We didn't see the war in Russia, on Ukraine. We didn't see all of this. So we had to be very determined about what we wanted to do, but at the same time be able to move very fast.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  10. That permanent effort to look forward is really also important. And you were asking me one of the things which I've learned or developed as I was going forward, the multiplication of crisis make me believing or really firmly believing that you have to be very stubborn strategically, right? But you have even to be, at the same time, you have to be even more agile technically. Keep the goalpost of where you want to go, but you know that nowhere will unfold as forecasted. So you're going to have then to move around that goalpost, but never deviate.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  11. But I don't think so. I think from the beginning you can meet people who have that knack for trying to think beyond. You have people who never leave school. They go for marks. It's always short term. And you have people who try to, and it's a growing number of people, majority of people, try to get sense of what they are doing and what they could be doing next. You don't have too many people able to articulate this, and those are the jewels and the gems that you want to be surrounded with, to articulate it in a clear manner. I think most of the people are looking for both. I mean, performance because we like to win and impact. We like to have a role in performing the societies on the world around us. So I wouldn't link that to H. I would link that to the way people are and the way people develop. And being in an environment which I hope Schneider is, which is

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  12. Well, you should interview them We found a balance, but I would have never been able to do that without the support, the understanding on the patience of my family and especially my wife. But I've got three kids and they've not seen me a lot, probably much less than many other kids, but they've benefited from some of my experiences and we discuss a lot about business and the world and so on. And they've lived on several continents, which has been a chance for them.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  13. Second point is yes, it's better to face the problems because they run in your face, because at least you get some prepared. So what somebody was describing as a healthy paranoia, which I mildly like because paranoia is a problem, but being always asking questions, and especially on the things which seem to be doing well is a healthy discipline, even if people are a little bit tired of you, but asking those questions relentlessly is something really important for the company.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  14. I said that in the way I assess people. I like people who have chosen difficult missions, seeing that the other one we are not, on the majority of people start by bragging about I run that much of turnover on and I manage those many people and it's very mainstream. But people who make a difference are people who are able to drive inflection points and they will have failed. I go with Lisa on two things. First, I believe it's an important part of our culture to be very demanding and to be never satisfied in a world that tends to be too easily self-congratulatory, right? Going straight to compliments but without being demanding enough. And I believe that good is never good enough. We can always do better.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  15. Going to be the kind of like you do for your health, the monitor of what you do in carbon and energy. You're going to know that if you do this, you're going to tell you in real time that it's not what you should be doing and the way to do it differently. So AI is at the core of what we do today. It's not like in 10 years we already do it, but it's going to be the great optimizer between all the elements because energy is a shared good. Somebody produces, somebody consumes, and we didn't have any link except a monthly bill before. Now that link is absolute real time. And you can gamify it. You can really incite people to do better. So big changes.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  16. Energy is cheap and green. That will make also that when everybody goes to the office and starts to put the plug of their car in the charger, we don't do it at the same time because that would probably explode the building and we can really help each other. That will allow the smart grid to call on those loads to get some electricity when there is a peak of demand and kind of smoothen or put the demand on the right level. So many, many things recharge. And more so.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  17. Everywhere. So it's going to optimize the way your heating system is working. It's going to detect that people are not in this place. It's going to detect that if you don't have a ship in the port, you have to slow down the drilling in a mine and optimize the whole process and make that the train which is working in between doesn't run too many times a day because at that time it's not needed. All of this will be optimized in real time. Think about the chain of energy. And energy is 80% of carbon emission, therefore the biggest problem for climate change. It's the first time in history that everything will be connected from the plug of everything in your place, building your homes to the plant. So you can now pilot everything, charging your car, eating your water, starting your washing machine at the right time when

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  18. Everything connected. Why would it be that in your buildings, if you run a park of buildings, that you wouldn't have a view of everything happening, that you wouldn't have a digital twin of your principal buildings where you can remote control a lot of the things which are happening, where you can get a lot of efficiency in the operations, but also in the way you design and build the buildings, where you can integrate in real time every of the resources you are consuming and then source the best one, which is greeners, the cheapest, in real time. You're going to see that all the time. Of course, many of the things.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  19. We have just entered the episode two of the Internet. The episode one was connecting people to people and changing the way we live and work. And it took 20 years to go from the first connection to internet to really changing the way we do things through Uber, for instance, Facebook and so on. 10 to 20 years. We just entered into the first phase of this episode two, which is connecting people to machines and machines to machines. At the time where you have this convergence of connectivity like 5G, you've got big data thanks to the cloud. You've got AI possibilities exploding. And this will change the way we live with our cities, homes, buildings, enterprises a lot as we go forward.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  20. It's huge. It's a huge inflection point, right? We've been used to a world in our industry which was 20% electrical. You look forward 30 years, it's going to be twice to three times more electrical. Your car will be electric, your building, of course, will be completely electric. Your home will be completely electric. And the large part of the energy that you consume, electric, you will produce it also. from your roof, from a microgrid at the bottom of your building and industry and that is going to happen in the next 30 years. That's a very short time. The world has been at 20% of electricity in the energy mix for a long time. So it's a huge displacement of things. Now if you look at the other part of our equation, digitization for efficiency,

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  21. I think so. Converting, believe in the past year from what I hear or I gather, Europe has invested $600 billion to mitigate the cost vis- ⁇-vis the consumer, helping the consumers to pay their gas and oil bills. And frankly, there was no choice. But we could invest as soon as possible a part of this to transition people outside of the effect of those energy increase.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  22. I think more so in Europe than in America because Europe is at the center of this energy crisis, it by energy costs by energy shortages potentially Europe has actually a burning platform today to affect or realize that energy transition.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  23. For the overcost of brown sources of energy and actually invest in transition in Earth to a world which is more zero carbon based on clean electrification and based on efficiency. So accelerating the transition is absolutely crucial today. And when you take a deeper look on what is happening today, I'm optimistic for one reason. It's the first time in the past 20 years that the aspiration to be net zero, the great aspiration to be more sustainable, is actually completely aligned with the economic return on investment because of the price of energy, because the availability of energy in some parts of the world, like Europe, when you invest in efficiency on electrification today, the return on investment, the time to get it back financially has been divided by two or three.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  24. It's an acceleration of the move to a green economy by many aspects. We can participate to all parts of it and we have, remember, the US is our first market. We are very global. We produce locally. We design locally. And it's actually a good thing because it's actually an acceleration which transitioned from BrownOpex paying for a system which is actually obsolescent in terms of energy, in terms of sustainability to green capex, to accelerate the transition to systems, processes and ways of doing, which are actually much closer to zero carbon. And I wish you see more of that happening in the world where governments are converting from

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  25. And they depend so much on what we see on the market to develop properly their platforms. So a much stronger and much closer partnership between the semiconductor specialists at several levels, from the foundries to the designers of chips on what we do as we are a world leader in IoT.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  26. Well, take Schneider, right? 20 years ago, almost nothing electronic in our company. Today, we've multiplied our size by four, half of what we do is digital. So we are one of the examples of the accelerated digitization of the world. Everything we do is now incorporating electronics. On chips are somewhere one of the fundamentals of what we do to digitize homes, buildings, cities, manufacturing, data centers. So we are working very closely with semiconductor manufacturers as these suppliers become very stretched over the past two years to really align our innovation capabilities, our production capacity, and our plans for the future. And I would say that what struck me in the past two years is how close we've become, right? Because we depend so much on them to develop our technology.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  27. Look, I would say beyond running a business, I really think we've seen, I really observe, we've seen in the past five or six years a deterioration of geopolitics, and we already see the issues that it bears on the citizens of every country, inflation, disturbances in the supply chains, difficulty in many sectors. So I just believe we have to accept that the world will be fundamentally different with more blocks emerging, and that's a good thing for the world because we want more of the world population to get access to the middle class status and to develop farce. And to do that, we're going to have to accept those difference of systems of way of doing business, of looking at societies even. So I really believe that we experience with the war in Russia how disturbing it is to be suddenly cut from

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  28. Everything is different. I would say two country continents, almost 40% of the world population. So our largest neighbors, for anybody in the world, and all of the systems are different. Both systems do work. The needs are different. The stage of development is different. The strong and weak points are different. Just to give you a very practical example, 70% of what we sell in India are products which have been designed for India. We need to go deep into the adaptation to the specificities of the country.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  29. We at Schneider combine electrification with digitization on which other country is better gifted in digitization to bring us into the episode two of the Internet, which is the Internet of Things coupled with big data, coupled with artificial intelligence. So we have actually 35,000 people in India, which makes it our biggest country in terms of number of associates and people. And we see a lot of potential to innovate from India. We see also India as a base for global R&D. It's our largest center for R&D and also for manufacturing. But the needs are immense. And there is the advantage of the late start of being able to design things and do things in a different manner.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  30. We are very positive, right? India has become now our third largest business in the world. First one is the US, second one is China. Third one is India. When I look at India, huge population very young, very eager to do things to be entrepreneurial. And when you look at our business, India is one of the largest needs for electricity. You still have 200 million people who don't have access to electricity. The network is being rebuilt, improved, retrofitted, but India's incredible chance to be able to make it on a clean sheet of paper and leapfrog what has been done in other countries to move to the new world of electricity that electricity 4.0, which is going to be more decarbonized, more decentralized.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  31. Actually, China has driven down inflation over the past 20 years for the rest of the world at a massive scale. It will drive up the demand on some components which were already stretched, certainly on some raw material as we go deeper into the year and we go into 2024. So there will be balancing effects there.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  32. Impact on the world economy probably impacting us from H2 this year. It's going to take a little bit of time to for people to go back on the road and to really some of the blocking points that are existing today, but that's all good news.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  33. Is going to be big. It's a good thing. I think the first big benefit, which has nothing economics that people will be able to speak to each other again and that will probably diminish some of the misunderstandings. But otherwise China is a huge economy on completely intertwined with the rest of the world. So it's really a good thing that China reopens. I see a lot of things. I'm sure that the authorities have at heart to relaunch the economy. I see the consumer in China really eager to spend again and to go out again and to go out of China to visit the world so that we'll have multiple impacts. And the best thing here is to have more interaction between each of our companies and our suppliers on customers again.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  34. I still believe that the world will remain global because whatever we are told, there is no absolute sovereignty on what any region does. We are very interdependent from each other. But the fact that there will be more bifurcation of needs, expectations, ways of doing by region is obvious. And the only way to adapt to this in real time, according to me, is to be very local and to empower your local team.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  35. Still have to keep some global threat that gives you that advantage of scale. So it's a system which is loosely connected but strongly articulated with strong points of authority on some parts of the technology or the volumes or the manufacturing that you want to be global. But all in all, it's a massive empowerment to the local R&D, to the local ecosystem of the company so that we can be local on the local market and go as fast as the local players.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  36. That means anybody in any place of the world can access the highest positions in the company. And finally, it makes us flexible when the COVID hit the world. We were already used to work in a completely virtual way for now 10 years, so there was no blip. There was no transition that allows us to move much faster in moving the responsibility.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  37. The largest market close to the largest pools of talents and start working as a peer-to-peer network of executives around the world. On that workforce, that really work for us because we grew faster and we grew into places which are uncomfortable for others like emerging countries at a much faster pace. And there are multiple advantages. It makes us, I said it, faster. We have more speed in developing products that makes us much more local, much more adaptable. That creates much more respect between the different parts of the world. People understand each other's difference. There is not one center that dominates.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  38. We of course saw that the world was global and the world is global and the world will be global. But as more geographies are acceding to prosperity, the cultures of each of those geographies are re-emerging stronger. And in a global world, you see more divergence of needs, standards, culture, ways of doing things. So I was convinced from very early on that we would have to be global, but we would have even more important to be local and to be strongly local. And to do that, there is only one way is to be close to the field and close to the largest pools of talents. And you can't achieve that if you are a centralized company. What we did at that time is to blow up the headquarters, scatter our people into our main geographies close to

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  39. Also, your access to education on economic inclusion. And when you live in the Beijing of the 90s or in Johannesburg like it happened to me, you realize also that the model of energy that we had at that time, which was all based on foreshold, was going to a deadlock in terms of pollution, in terms of pressure, in terms of volatility of prices. the strong conviction with my team was coming from the same sort of origins in terms of carrier that we had to take the problem in a different manner and really focus on efficiency.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  40. Well, I've been working 36 years in the company, but when I was lending the key at the top of the company, which is roughly 20 years ago, I was coming from a long stint in emerging countries. The China of the 90s, Africa afterwards, and then be in charge of all emerging countries at Schneider. And when you live in those countries, you really realize in real life that having access to a safe, affordable energy is your passport to a decent life. And on the top of it, having access to digital, which is powered by energy, is

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  41. To energy, because energy is your passport to a decent life. And on the other side, because we are facing climate change and massive disruption in the climate of the planet, making sure that we are the partner of our customers to net zero. So cut carbon emissions. And when you put the two things together, you have a very consistent mission, which is to reconcile progress on sustainability for all everywhere on Earth. This is what we do at Schneider. But we are with you in all parts of your life at home, your building, manufacturing, when you travel in cities and so on. You don't see us, but we power on digitized stuff, everything around you at any moment in your life.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  42. Well, we do technology and we do technology to be the part of our customers in sustainability. So name it, smart homes, smart buildings, smart cities, smart grids. And we build the largest and the most efficient data centers in the world. So this is what we do. And we've based the whole equation of achieving more while using less of the resources on two major disruptions. One is digital applied to everything around us. And the second one is electrification because electrification is the only way to decarbonize. And when I looked at our purpose and our mission, we are working on two contradictory directions. The first one is to make sure that everybody on Earth has access to energy and possibly clean energy. And you still have one billion people who don't have access.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  43. A bit of everything, right? International affairs, and I've kept traveling since then, marketing, finance, and managing people, leading people. And did I learn everything from the MBNO, but those were the first seeds that allowed me to accelerate and get better, or the foundation, if you will, on which I build the next steps.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  44. That was a shock. I was coming from an environment where nobody was in business, right? Except farming. And in one year, I came to discover a new world, a world that I didn't know. And I kept that passion for business and connecting points on dots together.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  45. It's the most important thing. We live in very, very complicated environment. We live with ever-changing conditions. And you need to have a strong compass, a strong direction, and at the same time in front of all the input that you receive from the outside, from the inside, keep your own sense of direction. And from that being grounded is really important.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  46. Right. That's coming from Viking, I guess, in terms of history. And you know what? In my part of France, there was a camp of people coming from to visit us from your part of the world. So I don't know. It's probably a reciprocation.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source

  47. Yes, I did, but I still like my origins in rural France. I hope I keep from that a sense of community, some common sense being grounded, really. And I still have a strong passion for nature and sustainability. And this has been even reinforced by my passion support, which is white water kayaking. But then, you know, I wanted to discover the world and after 20 years, I went to discover the world. And I think I've caught up quite a lot since then because I've been probably traveling to more than 100 countries.

    2023-03-01 · In Good Company with Nicolai Tangen · Jean-Pascal Tricoire CEO and Chairman of Schneider Electric · IDENTIFIED FROM THE TRANSCRIPT · source