Sagem : the mysteries of its shareholding workforce

• Grégoire OLIVIER
  Président du directoire de Sagem
  

Summary

Sagem is a company unlike any other. Numerous traditional tenets of Anglo-Saxon management methods go unheeded, a fact which surprises financial analysts. Despite the current economic depression, Sagem manages to make the best of it. The company is keen on diversification and demonstrates its mastery of high-tech electronics with its innovations and unusual approaches. These include successfully continuing the production of fax machines at a time when the Internet is booming, while at the same time specialising in missile guidance and becoming the leader in inertial centres for nuclear sub-marines. Sagem is a moderate-sized company compared to its competitors which are huge. It stands out as a result of the energy generated by its employees who defend it come hell or high water. Their trump card is that they have been the majority shareholder for nearly twenty-five years.

Summary translated from French by Rachel MARLIN.

• The entire article was written by Lucien CLAES and translated by Rachel MARLIN.

To obtain this article, you can :

• download it for free in French (PDF help) or contact ecopar@paris.ensmp.fr (Reference VA041002).
• download it for free in English (PDF help) or contact ecopar@paris.ensmp.fr (Reference VA041002-ENG).

The entire article appears in French in the Journal de l'École de Paris du management N° 39.