The Rise of Matthias Flach: How This Visionary is Changing the Game
Matthias Flach is a name that is slowly, yet surely gaining popularity in the business world. The Swiss entrepreneur, investor and founder of New Work SE, formerly known as XING SE, is changing the game with his visionary leadership that is taking the company to new heights. In this blog post, we will explore how Flach has been able to revolutionize the business world.
Introduction
Matthias Flach has had an impressive journey as an entrepreneur. Before joining New Work SE in 2018, he co-founded eKomi, a feedback company in Berlin and led brand eins Medien AG as CEO. New Work SE is a leading provider of career-oriented social networking services, with over 19 million members worldwide. Since taking the helm, Flach has ushered in a new era of cooperation, innovation and expansion.
Refining the Company’s Vision
One of Flach’s first moves as CEO was refining the company’s vision. He pushed for more innovation, creativity and user-centered design, which has been reflected in the company’s strategic objectives. New Work SE now focuses on developing cutting-edge technology solutions that connect professionals and employers. They aim to empower people to achieve their professional potential through a sustainable and transparent working environment.
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Fostering a Collaborative and Agile Culture
Flach has fostered a truly collaborative and agile culture within the company. He recognized that an organization’s strength lies in teamwork, trust, and transparency. He encouraged employees to bring in fresh ideas and experiment without fear of failure. As a result, the company has been able to develop new products and services quickly and efficiently. Flach also introduced pulse surveys to get quick feedback on projects, which has helped to improve the quality of the company’s internal communications and collaboration.
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Expanding the Reach of New Work SE
Under Flach’s leadership, the company has been able to expand its reach significantly. In the past year, New Work SE has acquired various companies, including Honeypot, a tech talent matching platform and in June 2021, acquired a 100% stake in Social Bee, an automated content distribution platform. This acquisition strategy has helped to build, and strengthen the company’s market position while diversifying its portfolio of digital assets.
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Unlocking New Revenue Streams
Flach’s strategic vision for the company has also focused on unlocking new revenue streams. One significant example is the introduction of the paid subscription model to users. The company now offers services beyond a free membership plan, including premium features. This move has proven to be successful, generating a 14% increase in revenue during Q1 2021, compared with the same period the previous year.
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Investing in Talent and Employee Development
Flach’s philosophy is that investing in talent and employee development paves the way for business success. He has implemented employee development and talent management programs to create growth opportunities for colleagues within the organization. This commitment to improving employees’ skills and professional development has resulted in high retention rates and a culture of learning.
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Staying Ahead of Emerging Industry Trends
As a leader in the digital economy, Matthias Flach is paying close attention to emerging industry trends. He is keen on positioning New Work SE as a market leader in digitizing the world of work and responding quickly to emerging market changes. Flach anticipates that in the upcoming years, AI and automation will play a significant role in disrupting the job market. New Work SE aims to provide innovative solutions that respond to the changing needs of employers and workers.
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Prioritizing Sustainability and Social Responsibility
Flach is also committed to the company’s social responsibility and sustainability goals. The company has pledged to become climate-neutral by 2023, and Flach has implemented various sustainability programs to keep the company accountable. He understands the importance of ensuring the well-being of future generations and is committed to creating a better future for them.
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Conclusion
Matthias Flach’s visionary leadership has played a significant role in securing New Work SE’s position as a leading provider of career-oriented social networking services. Under his leadership, the company has expanded its reach, built a collaborative, agile culture, introduced new products and services, and unlocked new revenue streams. Flach understands the importance of staying ahead of industry trends, investing in talent and employee development, prioritizing sustainability and social responsibility.
FAQs
Q1. Who is Matthias Flach?
A: Matthias Flach is the CEO of New Work SE and a Swiss entrepreneur.
Q2. What is New Work SE?
A: New Work SE is a leading provider of career-oriented social networking services with over 19 million members worldwide.
Q3. What is Flach’s vision for New Work SE?
A: Flach’s vision for New Work SE is to develop cutting-edge technology solutions that connect professionals and employers.
Q4. What is New Work SE’s approach to sustainability?
A: New Work SE has pledged to become climate-neutral by 2023 and implements various sustainability programs.
Q5. What is the membership plan at New Work SE?
A: New Work SE offers both a free membership plan and a paid subscription model with premium features.