The New Danfoss: an exclusive insight into an industrial transformation

A mere two weeks before the financial crisis broke out in 2008, Niels B. Christiansen was appointed top executive of Danfoss with a staff of 23,000 employees. The crisis hit the enterprise hard, requiring the layoff of several thousands of employees. In spite of the crisis, Danfoss has succeeded in establishing a new, long-term strategy, which has attracted international attention, and Danfoss has since achieved more value creation than its competitors, such as the juggernauts German Siemens, American Emerson Electric and Swedish-Swizz ABB.

Here is the book that tells the story.