This semester, Sven Grave from Wilo visited the "International Business" course to talk about innovation in a globally operating company. In his guest lecture, he gave exciting insights into the practical implementation of strategic management and provided the students with numerous references to the lecture content. Among other things, he addressed current megatrends that Wilo analyzes in the context of Innovation Management. He also gave the students practical examples of how a company can generate and implement new innovations. We would like to thank Sven Grave for these interesting insights into Innovation Management at Wilo.