Friedrich
Hedtrich

InnovationDigitizationProject ManagementEntrepreneurshipStrategy

Dr. Friedrich Hedtrich

Innovate, digitize and improve business to make the world a better place for living

Profesional Profile

The fascination of new possibilities for existing operations due to the developments in information technology accompanies me all my life. I am enthusiastic about finding new solutions for existing challenges with innovative approaches. In this way, I would like to contribute to make the earth a better place to live.

I combine a deep understanding of technology and business in various industries with the experience of successfully implementing innovations and process improvements. Due to my multifaceted experiences and successes in my previous positions, I am convinced that I will also be successful in new challenges.

Let's innovate!

My Skills
Project management
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Presentation and communication
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Process optimization
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Innovation / Digitization / Entrepreneurship
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Coding
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Data analytics
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Leadership
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Project Management
Innovation
Strategy
Business Optimization
Data Analytics
Entrepreneurship

My Portfolio

A selection of interesting projects I worked on to
Improve business, create better work places and make the world a better place for everyone
Digitization interlocking
Startup RRS
Business Intelligence
Production costs of components
Electric motor diagnostics
Startup Eco-Adapt
Machine Learning
Learning and Applications
Prediction Markets
Forecasting
Process Optimization
Component Cluster
Digital Timer
German train station clock

Resume

My experience and education
  • Innovation Manager
    Bundeskriminalamt | since 2021

    Bundeskriminalamt is the federal investigative police agency of Germany. I create, design and manage the innovation hub. We want to leverage new methods, tools, technologies and approaches for the Federal Criminal Police Office. The goal is not only to maintain future viability but to expand it. We work with internal and external innovators and innovation enthusiasts to do this.

  • Business Mentor
    e@UBC - University of British Columbia | since 2019

    I support voluntary as a Business Mentor young entrepreneurs starting new ventures through the e@UBC program. I love helping the entrepreneurs, giving advice and sometimes a second view. e@UBC is the entrepreneurship program at the University of British Columbia. e@UBC helps UBC entrepreneurs change the world and supports the creation of innovative new ventures with extraordinary economic and social impact.

  • Senior Innovation Manager
    DB mindbox @ Deutsche Bahn AG | 2016 - 2019

    DB mindbox is the innovation hub and startup accelerator of Deutsche Bahn AG. The opportunity to innovate the nearly 200-year railway business and support the transition into the digital era fascinates me. I managed the startup accelerator. The accelerator activities' core were real-world proof-of-concepts between startup, Deutsche Bahn business unit, and DB mindbox. We tested innovations from software to hardware and over all business areas, from maintenance over operations to HR. I achieved a high success rate resulting in ongoing business decisions at the end of the first project phase.

  • Senior Management Consultant
    quo connect management consulting GmbH | 2012 - 2016

    quo connect is a leading boutique management consulting firm for maintenance, operations and asset management within the automotive, transportation, energy, and consumer goods industry. The optimization of business projects in operations and maintenance attracted my focus during my projects. I was continually searching for opportunities to improve the existing state using modern technology (IoT, Business Intelligience and more). We developed a new unique view on the maintenance costs for components, and later I managed the internal software development and roll-out of the business intelligience tool. Also, I was able to reduce maintenance costs and create a better-timed maintenance schedule.

  • Research Assistant
    Christian-Albrechts-University | 2007 - 2011

    Research focuses on developments in the world's agricultural markets and their implications for producers, consumers and the environment. Securing food for the world's population while at the same time conserving natural resources and ensuring a profitable situation for producers is an exciting challenge. Also, I gave lectures on agricultural markets for the students and supervised final and seminar papers.

  • Ph.D. Agricultural Economics
    Christian-Albrechts-University | 2007 - 2011

    During my time at the Christian-Albrechts-University, I researched Prediction Markets and received my doctorate. I was able to show that Prediction Markets aggregate safely and accurately shared information. I have successfully demonstrated this with my programmed markets in agricultural markets, internal company forecasts, and political forecasts. I managed the software development, operation, and analysis of all markets. I hired a computer science student for the programming part. Details about the results and markets could be found in my dissertation. I presented my results at conferences and won the best presentation award at one conference. I aquired the funding for my research from the foundation Schleswig-Holsteinische Landschaft.

  • Economics
    Christian-Albrechts-University | 2002 - 2007

    I completed my studies in economics with a German diploma (equivalent MSc) in International Economics. The theoretical explanations for the economic developments on earth fascinated me for my studies. Besides the theoretical bases, I was fascinated by the technical possibilities of statistics, econometrics up to the beginnings of artificial intelligence. To be able to answer open questions with the new technological options motivated me.

  • Agribusiness and Agricultural Economics
    Christian-Albrechts-University | 2004 - 2007

    Because of my origins on a farm, I have always been closely connected to agriculture. For this reason, I completed my studies of agricultural sciences with the specialization Agribusiness and Agricultural Economics with the BSc in addition to economics.

Let's talk

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