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A Journey of Change: An AmCham International Leadership Interview with Microsoft’s Kimberly Lein-Mathisen

A Journey of Change: An AmCham International Leadership Interview with Microsoft’s Kimberly Lein-Mathisen

In a globe-spanning career that has taken her from Chicago to Oslo, Microsoft Norge General Manager Kimberly Lein-Mathisen has earned a reputation for successfully leading international organizations through periods of transformational change. From highlighting the importance of lifelong learning to exploring Norway’s incredible potential to become a world-leading “Digitalt Lykkeland,” Lein-Mathisen sat down (virtually) with AmCham for a wide-ranging conversation on leadership in times of crisis and change.

From your beginnings near Chicago to your position leading Microsoft here in Norway, you’ve had quite the international career. Can you briefly tell us about how your international career took shape and how your different stops along the way have influenced your leadership style?

Briefly? Are you kidding? I’ve had so many chapters and so many brilliant experiences along the way, so, I’ll try my best!

I grew up in the US in a small town outside of Chicago. I trained as an engineer, and I wanted to work in a consumer facing global company. After I graduated from the University of Illinois, I started with Procter & Gamble. I worked in their factories for several years and really loved it. However, I just had this itch to get out of the Midwest and experience much more of the world.

After 5 years at P&G, I decided to take a step to realize this global dream and went to Harvard Business School to get an MBA. I chose HBS because it was the most internationally-oriented school that I could think of, and the incredible two years I spent there truly launched me on the global journey that I’ve been on since.

From Harvard, I found my first international position with Eli Lilly in the UK. I spent a brilliant 12 years with them, and they really gave me opportunities across the world, from Germany to Japan. Through these roles, I got to experience so many cultures – I was really living my dream!

One fine day about 5 years into that journey, completely out of the blue, Eli Lilly asked me if I wanted to be their General Manager in Norway. At the time, I thought it was very random that it should be Norway, but I was very excited for the job and up for the adventure. Norway was a great surprise to me. I moved up here and had the most amazing experience, though at the time I had no idea that the decision to move here would be the start of building the better part of my life, including meeting the Norwegian I would later go on to marry.

Procter & Gamble's global headquarters (two twin buildings to the left), located in Cincinnati, Ohio. Photo: ©Posnov via Canva.com

However, despite all this, my first stay in Norway only lasted two years. I was offered the chance to run Lilly Germany, which was a very large operation for Eli Lilly. This role led me to the next one, which was to lead Lilly’s global diabetes partnership with Boehringer Ingelheim, a German-based, family-owned international pharmaceuticals. My work there took me all over the world, giving me the opportunity to play a key role in launching new therapies in markets such as Japan.

At the same time, however, I had recently gotten married, started to have kids, so it was becoming trickier to spend so much time traveling. In the middle of all this, I remembered how much I loved Norway, and we decided to come back 10 years ago. I started off working with Orkla, where I had the chance to lead something truly Norwegian, Lilleborg, which was an exciting new challenge for me in comparison the US-based multinationals I had worked for previously.

It was an experience that turned out to be lots of fun. I entered at a very interesting time – the company was evaluating whether or not we could branch out beyond the Norwegian market. We were asking the big questions. Could we buy companies abroad? Could we renegotiate contracts? Could we really take this thing global?

And for a great three-and-a-half years, that’s what I got to do. But then I got another one of those unexpected phone calls. And that one came from a company called Microsoft.

And that’s where my latest chapter and my most massive transformation began. It has been an incredible opportunity to lead the Norwegian operations of such a global business. I grew up in America, so I understand the American mindset quite well. On the other hand, I’ve been in Norway many years, and I have also had the chance to work in many other countries. The ability to capitalize on all of that, to bring all of these different experiences together in an incredibly fast-paced, innovative environment is extremely rewarding.

In your future of work interview with BI, you noted that, “The area where companies are the least exercised is a little worrying. It is around investing in employees and people and all the dimensions around the individual,” before going on to conclude that this investment has a lot to say in terms of a company’s agility and ability to adapt. How do you as a leader engage with your employees to ensure their development?

About six years ago, Microsoft started on a profound journey, a journey of change that really needed to happen. CEO Satya Nadella and our company leadership made an exceptionally wise commitment to pursue a culture transformation alongside the technology and business model overhaul. Central to this cultural transformation is a framework called the Growth Mindset, which comes from Stanford University professor, Carol Dweck. The Growth Mindset is not a corporate program. It’s for people. It’s for your life. It’s about always learning and developing.

We really came together around this idea of being on a growth journey, which was fundamental for all of us at Microsoft. For years, we had done extraordinarily well with a very closed business model. The problem with success in a closed business model is that you tend to develop some aspects of your culture that are not good, such as a lack of empathy and a false confidence that you already know everything. We needed to understand that we didn’t know everything and shift our posture fundamentally, becoming much more curious and developing a lot of deep listening muscles.

Here in Norway, we looked at many aspects of our business through the lens of renewal and a desire to foster learning.  And that led us to change a lot of things, for example, in our business reviews, we needed to do a much better job of focusing on learnings not only numbers. We’ve shifted our priorities to align better with our customers and partners, and profoundly changing how we think about who we promote, who we hire, and our entire rewards system. If you asked me to boil it down, I would say the most fundamental thing we decided to dedicate ourselves to is developing an “always-on learning culture.” 

It’s something that goes so far beyond the idea of sending people to a training course once a year. We’re breaking down the acquisition of skills into bite-size, stackable components – creating on-the-go, on-the-job ways of acquiring and applying skills that we as leaders must continuously update. We’re also making these processes fun, while creating clear expectations that ensure people deliver on their learning objectives, and at Microsoft, I feel like we’ve made great learnings and great progress on that journey.

We’re going to shift gears a little bit and talk a little bit about sustainability. There has been increasing discussion in Norway about building a sustainable, future-oriented economy, and there’s no doubt that companies will be the driving force behind this transition. What unique challenges – and opportunities – does sustainability present for corporate leaders, particularly in Norway?

As leaders, we really have to rise to meet this call – technology and the role it can play in addressing environmental challenges are compelling themes that are really resonating around the world right now.

I strongly believe that Norway is called to an even higher level here. We live in a country that has done a remarkable job of lifting every single person in society to an incredibly good standard of living. However, there is simply no getting around the fact that the oil sector – that stands for a tremendous amount of value creation in this country and plays a critical role in funding our public sector – is pumping out CO2 emissions.

Therefore, we have a situation that we must address in Norway. The world is becoming more and more impatient when it comes to converting to renewable energy, and this puts direct pressure on Norway to figure out how it’s going to make an enormous amount of value creation much more sustainably. We’ve had it so good in Norway that we’re not used to dealing with crisis and having to change. In actuality, however, there’s a mounting crisis that has nothing to do with COVID but has everything to do with the possible after-effects of a world that simply must become more sustainable.

It is clear that this crisis is going to mean profound things for Norway. The bright side of all of this, however, is that we are one of the countries in the world best positioned with strategic advantages to become a “Digitalt Lykkeland.” We have a very knowledgeable, skilled, and digital workforce. Given the digital capabilities that we have, the trust fabric in our society, and the abundant clean hydropower fueling our data centers and other industries, we are better placed than nearly every country on earth to reinvent our traditional businesses into digital businesses.

And I have to tell you, we’ve already gotten started with this shift. If you tell me the name of nearly any large Norwegian company right now, I can tell you the name of their digital platform. If these companies do their work well, these platforms might be better known than their respective parent companies in the course of the next few years. These digital platforms are going to be one of the key drivers of growth for Norwegian companies going forward. And I haven’t even touched on how we can use data collaborations to create value – we’re still very much in our infancy there. That’s going to be extremely important for value creation in this country going forward.

We’re going to circle back to development for the next question, however, this time we’re going to focus on you. How do you continue to grow and develop as a leader yourself?

I’ve never been pushed harder to learn in my whole career than I have in the last three years with Microsoft. We have so many innovations that are being rolled out and all of this technology can be applied in so many different ways depending on the industry. Therefore, I not only need to understand these technological innovations from our perspective, but I have to fully commit to making time to be curious to truly learn about how these new elements can make a difference for the companies we serve.

Therefore, the level of investment I make each day in deepening my understanding, is quite intensive. I might spend one day working with shipping leaders to better understand how technology can help in industry and the next talking to executives at one of Norway’s large grocery chains or banks about how technology can bring value to them.

I often find myself deeply engaged in the energy sector, which is, of course, a very large part of what we do in this country. There are big global challenges to be solved here, so I’m often thinking about how technology can be harnessed to substantially reduce carbon emissions, promote renewable investment, and assist energy companies in digitalizing sustainably.

“Today truly delivered on my expectations – the presenters certainly provided a lot of food for thought,” concluded one participant.

Lein-Mathisen speaking at Oslo Business Forum in 2018. Photo: Ståle Grut/NRKbeta distributed under CC BY-SA 2.0.

Another thing I do, whether it’s a meeting or the opportunity to speak at a conference, is deliberately say yes to engagements on topics I know will stretch me – in areas where I know that I don’t have all the answers, but I also know I want to push myself to collect more insights, to provide something of value. That tool, simply saying yes, is so powerful and forces me to commit to learning in order to prepare.

The other top self-development tip that I would have is to use LinkedIn!

I really adore LinkedIn, however, just like everyone else, I always think that I don’t have time for it. Despite that feeling, I find time to go on it almost every single day. I try to share things on LinkedIn often, which forces me to crystallize my thoughts, really focusing on what’s truly interesting and the message I want to deliver. LinkedIn is also a fantastic way to get outside of my own echo chamber, allowing me to continuously hunt and search for new knowledge, new connections, and different points of view.

Now to an issue I know you are quite familiar with – cross boarder data openness vs. data protectionism. Why is this issue so important, and what can the Norwegian government, companies, partner organizations, and the public do to better collaborate?

That’s a really big question, but I’m so glad you asked because the implications of this question really get to the core of the most important opportunities for value creation Norway is going to have in the future.

To begin with, any country or any block of countries, like the EU, can make choices about the exportation of all kinds of goods, including data. In our digital world, stakeholders have to make choices about how open they want to be around data versus how protective they want to be. Of course, there are many legitimate reasons why stakeholders might have concerns about sharing data, in regard to security, privacy, and how its handled more generally.

Keeping those concerns in mind, however, if you fundamentally think about Norway’s position in the global data economy, Norway is a very, very small country, and while there is indeed an aspect of data directly related to people, there is also a huge universe of business-to-business or industrial data which often isn’t tied to any aspect of a person itself.  Because Norway is so capable digitally, this country has an incredible opportunity to punch way above its weight when it comes to harnessing and using this data. We need to understand, however, that if we’re going to drive export value, we’re going to need to be able to provide data-driven digital solutions that compete out in the world, and we’re simply not going to be able to do that based on data only generated in Norway.

Healthcare is a classic example. We often hear about the great healthcare registers we have in this country, and they are indeed assets for us. But let’s be clear – if you’re going to leverage data to develop a cure for cancer, for example, then you’re going to want to build something that goes far beyond a dataset of just five million people – a global data commons. That’s when you’re going to break through and find a cure for cancer or move the needle on, for example, ocean research, where we can use data to generate economic value while simultaneously doing important, critical things for the planet.

Therefore, we need go beyond the all-or-nothing question of, “Do I share my data or do I not share my data?” We have to think much more expansively and creatively, forming new commercial models supported by technologies thar enable confidential computing, multi-party sharing arrangements, and things that we haven’t even imagined yet.

To make this happen, however, the government has to dive into this big legacy set of laws with a mindset to accelerate sharing and value creation, while at the same time keeping in balance the need to ensure privacy and security. In Europe, and more specifically in Norway, we’re going to have to do that in a responsible way. There’s nothing else that’s acceptable to our population, our mindset, and our values, so it almost goes without saying that you’ll never get this done if you only focus on the opportunity side.

If Norway is going to be able to compete in this game and provide digital solutions out to the world, these solutions are going to need to be based on truly global data and an increased sophistication in commercializing it. This is not something that is going to happen automatically, however. It will require digital savviness, agility, and an ability to execute many processes simultaneously.

And if you link it all the way back to your data, one has to ask, “If you shut your borders to data and you’re a super small country like Norway, who do you think is going to share their data with you?” That question really is at the heart of a country’s chances to become a winner in any of these data-driven value competitions that every country will need to compete in going forward.

Building off that, if you had the podium at Stortinget for five minutes, what topics to address?

I would absolutely talk about creating a “Digitalt Lykkeland.” I would do everything I could to relay that our future is digital. Let’s make the commitments necessary to lift the capabilities of this country to the next level because we already have so many incredibly competitive assets. We simply need to recognize them and most importantly find a way to become quicker in implementing competitive frameworks so that we can retain our advantage vis-à-vis the rest of the world. In this country, if we lack anything fundamentally, it’s speed. We have everything else we need!

"In this country, if we lack anything fundamentally, it’s speed. We have everything else we need!"
Kimberly Lein-Mathisen
General Manager, Microsoft Norge

If your job was a sport, what sport would it be and why?

I could probably choose many analogies, but the first one that jumped into my mind is a sport that I’ve actually never played. In fact, I had never even seen it before I moved to Norway – handball!

Now, I can’t say I know a lot about the technical aspects of the game itself, but it’s a great analogy for my job because handball seems to be an incredibly intensive game. It’s very fast-paced, new things emerge all the time, and your skills are super important. To make things even more complicated, you have to put all these moving pieces together to work with your teammates to put together an agile, competitive strategy. You can’t snooze for a moment, and the game demands a tremendous amount of dedication and commitment.

That all really resonates with me. At Microsoft, we’re operating in an incredibly fast-paced environment where we collaborate with all of our great clients and partners to tackle new challenges. Handball simply represents that unique combination of intensity and being so multi-faceted really well.

Photo: ©Dziurek via Canva.com

Where do you see yourself and Microsoft in the next five years?

Well, I’ve got this technology and sustainability bug deep in my in my DNA. I believe Microsoft is going to continue to create this fantastic, digital, and future-oriented fabric of technology, a constantly evolving platform that represents one of the world’s strongest ecosystems, which for me means that you have hundreds of thousands of companies vibrantly building on top of this platform – a collaborative process that creates a tremendous amount of winners.

On a personal level, as a classic industrial engineer, I have a really strong passion for data-driven business collaborations that can break down some of the seemingly “impossible” problems we have in this world, and I really want to pursue that passion the next five years. I spent 12 years in healthcare, and those 12 years instilled a real excitement around how we can leverage new technologies and abilities to drive us forward as a human race. To cure cancer, to cure epidemics, and to deepen our understanding of how we can build a more sustainable future.

If you could give your 20-year-old self some advice, what would it be?

The advice I would give to any 20-year-old, including myself, is to expose yourself to everything you can while you’re young and be sure to learn a lot about technology on your way.

Personally, I’m so glad that I studied engineering, however, I would encourage everyone, no matter what you’re studying, to include a technology component. Whether you choose nursing, education, finance, or construction, my strongest advice is to dive in and equip yourself with the technology background you’ll need along the way. You don’t have to be a coding expert in every programming language – digital tools are getting better and easier to use every day.

In short, have a strong heart for the aspects of technology that can help you succeed in your field. Don’t be afraid of it, make it your friend!

South Quad at the University of Illinois at Urbana-Champaign where Lein-Mathisen took her bachelor's degree. Photo: ©dwhob via Canva.com

When was the latest time you responded to an email last night?

It was about 1:15 in the morning before I got off email. Now that’s not me saying that is a brilliant example, but let’s remind ourselves that we are in a time of crisis, and times like these force us to adapt, evolve, and, in some cases, answer emails just a bit later than we’d like to admit.

Fish Farmer: Norwegian exports defy coronavirus onslaught

Remarkably, Norway saw its salmon exports increase last month despite the ravages to trade caused by the coronavirus pandemic.

Its fish farmers exported 85,800 tonnes of salmon worth NOK 6.1 billion (£473 million) in March. This is an increase in volume of four per cent, while the value increased by NOK 103 million, or two per cent, on March last year.

And in the first three months of this year, 252,000 tonnes of salmon were exported, worth NOK 18.5 billion (£1.43 billion), a volume rise of two per cent and a value increase of 11 per cent. Poland, France and the US were the main markets.

Read entire article HERE.

The Economist: The departing boss of Norway’s oil fund on building an asset manager

There is a point in a conversation with Yngve Slyngstad when he invokes Bjorn Borg, the Nordic tennis star of the 1970s. The Borg approach—make sure you don’t lose; above all, be solid—is one Mr Slyngstad has instilled in Norges Bank Investment Management (NBIM), the organisation he has run since 2008 from within Norway’s central bank. Its target, to beat a benchmark by 0.25 percentage points a year, is modest. But meeting it has led to immodest wealth.

Read entire article HERE.

Bloomberg: Norway May Join Oil Output Cuts for First Time Since 2002

Norway, the biggest oil producer in western Europe, said it would consider cutting its output if there was a broad international agreement to curb supply.

The Nordic nation, whose oil output is set to grow over the next few years, hasn’t been a part of coordinated international cuts to support prices since 2002. OPEC and other producing nations are due to meet next week to discuss a potential agreement, with Saudi Arabia and Russia indicating other producers needed to join for any deal to be reached.

“We have a dialog with key stakeholders, including other producing countries,” Petroleum and Energy Minister Tina Bru said in an email. “If a broad group of producers agree to cut production significantly, Norway will consider a unilateral cut if it supports our resource management and our economy.”

Read more HERE.

World Oil: ExxonMobil joins COVID-19 fight, helping develop multi-use PPE for clinical settings

IRVING, TEXAS – ExxonMobil and the Global Center for Medical Innovation (GCMI) have initiated multi-sector and joint development projects to rapidly redesign and manufacture reusable personal protection equipment for health care workers, such as face shields and masks, which are in short supply as a result of the COVID-19 pandemic.

In response to the unprecedented challenges from the COVID-19 pandemic, ExxonMobil is applying its deep knowledge and experience with polymer-based technologies in combination with GCMI to facilitate development and expedite third-party production of innovative safety equipment that can be sterilized and worn multiple times.

A new industrial-style mask is being fast-tracked for production. The design improves coverage of a health care worker’s nose and mouth and will use a replaceable cartridge system that includes a filtration fabric to prevent contact spread of the virus from the saturated filter. In this design, the filters are disposable while the main component of the mask can withstand repeated sterilization, thus prolonging the life-cycle of the product and addressing shortages of N95 masks.

Read entire article HERE.

Kampanje: Kahoot har økt omsetningen med 220 prosent under koronakrisen

I dag slipper Kahoot! Group tall for første kvartal som viser at det norske startup-selskapet har vokst kraftig under koronakrisen. Omsetningen steg me 220 prosent til 6,4 millioner dollar sammenlignet med samme kvartal i fjor.

Antall betalende brukere talte 202.000 i kvartalet. Quiz-tjenesten Kahoot står for 184.000 av dem, mens DragonBox School har hatt 18.000 betalende brukere.

– Dette er ekstraordinære tider for alle. Vi har tatt flere organisatoriske grep for å tilpasse oss den nye hjemmekontor-virkeligheten og for å sikre helsen til våre ansatte. I mars har vi sett en rask og fundamental endring i hvordan digitale verktøy blir brukt av selskaper, organisasjoner, i sosiale sammenhenger og i alle slags utdanningsinstitusjoner, sier administrerende direktør Eilert Hanoa i en børsmelding.

Les hele saken HER.

Press Release: Johnson & Johnson Announces a Lead Vaccine Candidate for COVID-19; Landmark New Partnership with U.S. Department of Health & Human Services; and Commitment to Supply One Billion Vaccines Worldwide for Emergency Pandemic Use

Johnson & Johnson and BARDA Together Commit More than $1 Billion to Novel Coronavirus Vaccine Research and Development; Company Expects to Initiate Phase 1 Human Clinical Studies of Vaccine Candidate at Latest by September 2020
Johnson & Johnson Will Establish New U.S. Vaccine Manufacturing Capabilities and Additional Production Capacity Outside the U.S. to Begin Production at Risk to Help Ensure Global Vaccine Supply

NEW BRUNSWICK, N.J., March 30, 2020 – Johnson & Johnson (NYSE: JNJ) (the Company) today announced the selection of a lead COVID-19 vaccine candidate from constructs it has been working on since January 2020; the significant expansion of the existing partnership between the Janssen Pharmaceutical Companies of Johnson & Johnson and the Biomedical Advanced Research and Development Authority (BARDA); and the rapid scaling of the Company’s manufacturing capacity with the goal of providing global supply of more than one billion doses of a vaccine. The Company expects to initiate human clinical studies of its lead vaccine candidate at the latest by September 2020 and anticipates the first batches of a COVID-19 vaccine could be available for emergency use authorization in early 2021, a substantially accelerated timeframe in comparison to the typical vaccine development process.

Through a landmark new partnership, BARDA, which is part of the Office of the Assistant Secretary for Preparedness and Response (ASPR) at the U.S. Department of Health and Human Services, and Johnson & Johnson together have committed more than $1 billion of investment to co-fund vaccine research, development, and clinical testing. Johnson & Johnson will use its validated vaccine platform and is allocating resources, including personnel and infrastructure globally, as needed, to focus on these efforts. Separately, BARDA and the Company have provided additional funding that will enable expansion of their ongoing work to identify potential antiviral treatments against the novel coronavirus.

As part of its commitment, Johnson & Johnson is also expanding the Company’s global manufacturing capacity, including through the establishment of new U.S. vaccine manufacturing capabilities and scaling up capacity in other countries. The additional capacity will assist in the rapid production of a vaccine and will enable the supply of more than one billion doses of a safe and effective vaccine globally. The Company plans to begin production at risk imminently and is committed to bringing an affordable vaccine to the public on a not-for-profit basis for emergency pandemic use.

Alex Gorsky, Chairman and Chief Executive Officer, Johnson & Johnson, said, “The world is facing an urgent public health crisis and we are committed to doing our part to make a COVID-19 vaccine available and affordable globally as quickly as possible. As the world’s largest healthcare company, we feel a deep responsibility to improve the health of people around the world every day. Johnson & Johnson is well positioned through our combination of scientific expertise, operational scale and financial strength to bring our resources in collaboration with others to accelerate the fight against this pandemic.”

Paul Stoffels, M.D., Vice Chairman of the Executive Committee and Chief Scientific Officer, Johnson & Johnson, said, “We greatly value the U.S. government’s confidence and support for our R&D efforts. Johnson & Johnson’s global team of experts has ramped up our research and development processes to unprecedented levels, and our teams are working tirelessly alongside BARDA, scientific partners, and global health authorities. We are very pleased to have identified a lead vaccine candidate from the constructs we have been working on since January. We are moving on an accelerated timeline toward Phase 1 human clinical trials at the latest by September 2020 and, supported by the global production capability that we are scaling up in parallel to this testing, we expect a vaccine could be ready for emergency use in early 2021.”

Johnson & Johnson’s Lead COVID-19 Vaccine Candidate
Johnson & Johnson began efforts in January 2020, as soon as the novel coronavirus (COVID-19) sequence became available, to research potential vaccine candidates. Research teams at Janssen, in collaboration with Beth Israel Deaconess Medical Center, part of Harvard Medical School, constructed and tested multiple vaccine candidates using the Janssen AdVac® technology.

Through collaborations with scientists at multiple academic institutions, the vaccine constructs were then tested to identify those with the most promise in producing an immune response in preclinical testing.

Based on this work, Johnson & Johnson has identified a lead COVID-19 vaccine candidate (with two back-ups), which will progress into the first manufacturing steps. Under an accelerated timeline, the Company is aiming to initiate a Phase 1 clinical study in September 2020, with clinical data on safety and efficacy expected to be available by the end of the year. This could allow vaccine availability for emergency use in early 2021. For comparison, the typical vaccine development process involves a number of different research stages, spanning 5 to 7 years, before a candidate is even considered for approval.

For more than 20 years, Johnson & Johnson has invested billions of dollars in antivirals and vaccine capabilities. The COVID-19 vaccine program is leveraging Janssen’s proven AdVac® and PER.C6® technologies that provide the ability to rapidly develop new vaccine candidates and upscale production of the optimal vaccine candidate. The same technology was used to develop and manufacture the Company’s Ebola vaccine and construct our Zika, RSV, and HIV vaccine candidates which are in Phase 2 or Phase 3 clinical development stages.

Expanded Antiviral Research
In addition to the vaccine development efforts, BARDA and Johnson & Johnson have also expanded their partnership to accelerate Janssen’s ongoing work in screening compound libraries, including compounds from other pharmaceutical companies. The Company’s aim is to identify potential treatments against the novel coronavirus. Johnson & Johnson and BARDA are both providing funding as part of this partnership. These antiviral screening efforts are being conducted in partnership with the Rega Institute for Medical Research (KU Leuven/University of Leuven), in Belgium.

As announced in February 2020, the Company and BARDA have been working closely with global partners to screen Janssen’s library of antiviral molecules to accelerate the discovery of potential COVID-19 treatments.

COVID-19 belongs to a group of viruses called coronaviruses that attack the respiratory system. There is currently no approved vaccine, treatment or cure for COVID-19.

For more information on Johnson & Johnson’s multi-pronged approach to combatting the pandemic, visit: www.jnj.com/coronavirus.

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About Johnson & Johnson
At Johnson & Johnson, we believe good health is the foundation of vibrant lives, thriving communities and forward progress. That’s why for more than 130 years, we have aimed to keep people well at every age and every stage of life. Today, as the world’s largest and most broadly-based healthcare company, we are committed to using our reach and size for good. We strive to improve access and affordability, create healthier communities, and put a healthy mind, body and environment within reach of everyone, everywhere. We are blending our heart, science and ingenuity to profoundly change the trajectory of health for humanity. Learn more at www.jnj.com. Follow us at @JNJNews.

About the Janssen Pharmaceutical Companies
At Janssen, we’re creating a future where disease is a thing of the past. We’re the Pharmaceutical Companies of Johnson & Johnson, working tirelessly to make that future a reality for patients everywhere by fighting sickness with science, improving access with ingenuity, and healing hopelessness with heart. We focus on areas of medicine where we can make the biggest difference: Cardiovascular & Metabolism, Immunology, Infectious Diseases & Vaccines, Neuroscience, Oncology, and Pulmonary Hypertension. Learn more at www.janssen.com. Follow us at @JanssenGlobal.

Notice to Investors Concerning Forward-Looking Statements
This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding development of potential preventive and treatment regimens for COVID-19. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Janssen Pharmaceutical Companies and/or Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behavior and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson’s Annual Report on Form 10-K for the fiscal year ended December 29, 2019, including in the sections captioned “Cautionary Note Regarding Forward-Looking Statements” and “Item 1A. Risk Factors,” and in the company’s most recently filed Quarterly Report on Form 10-Q, and the company’s subsequent filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.

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Bloomberg: Oil Engineer Helps Norway Double Respirator Capacity

An idea from a Norwegian oil engineer will help the Nordic country double the number of respirators in its hospitals to treat covid-19 patients.

The emergency respirator was developed in only three weeks and production is due to start imminently, Prime Minister Erna Solberg said at a press conference on Tuesday. Norway currently has less than 700 such machines.

Engineer and entrepreneur Eivind Gransaether came up with the idea, which was then developed by the Norwegian Defense Research Institute and private businesses Laerdal Medical AS and Servi AS. The Norwegian government has guaranteed funding for the project and ordered 1,000 respirators, some of which might ultimately be exported.

Read entire article HERE.

Innovating for a New “Hverdag:” How AmCham Hospitality and Service Industry Members are Supporting Local Economies While Preventing the Spread of COVID-19

Innovating for a New “Hverdag"

How AmCham Hospitality and Service Industry Members are Supporting Local Economies While Preventing the Spread of COVID-19

This is a challenging time for many companies – especially those in the hospitality and service industry.

Several AmCham member companies are adapting their strategies to provide customers with a sense of normalcy, while going the extra mile to ensure that they are not only operating within the Norwegian authorities’ safety frameworks but exceeding them. At the core of this new operating reality are innovative solutions and creative initiatives that put the health and safety of customers and employees first.

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Photo: Kilian Munch

Johnny Rockets

Amongst restaurants still operating during this difficult time is Johnny Rockets. As a relatively new actor on the Oslo restaurant scene, having opened its first classic American diner here in 2018, and was in the process of opening a third location at Sandvika Storsenter when the crisis hit. The company has decided to continue on and open this location, noting the importance of keeping the business going and adding more jobs. The restaurant, which was supposed to open March 25, is now finished and will open mid-April. They have had to quickly adopt a takeaway model.
 

“We take responsibility by staying open during this time of crisis. It is very challenging – we have lost a large part of the turnover and have had to furlough 90% of our employees. We do this to try to save jobs while keeping the wheels running in Norway. Also, because it is important that restaurants can continue to supply food to everyone who is either quarantined or has a home office, and help maintain some aspects of normal life. We want to make our guests feel safe. We have switched up our operations and most of our business is takeout. We also have made deliveries a possibility,” says CEO Jon-Erik Kristiansen. “It’s a tough day at Johnny Rockets, but we will come back even stronger!”

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“It’s a tough day at Johnny Rockets, but we will come back even stronger!”

Johnny Rockets CEO Jon-Erik Kristiansen

McDonald's

Opening their first restaurant in Oslo in 1983, McDonald’s has since employed over 50.000 Norwegians, becoming one of Norway’s largest restaurant chains, with 73 restaurants stretching from Kristiansand in the south and Steinkjer in the north. They have become one of Norway’s biggest workplaces for youth and first-time employees.

According to Communications Manager Veronika Skagestad, “we are trying our best to keep the restaurants open – both to ensure that people in the immediate area have access to food and to secure jobs. The safety and health of our guests and employees is the most important thing for us, and we follow the recommendations of the Norwegian health authorities closely. We see that our customers appreciate the opportunity to use drive-through, which accounts for around 70% of our sales now. Home delivery is also a service that has increased recently. Our ambition is to do what we can to keep the wheels running safely.”

Photo: Kilian Munch

Burger King

Burger King has opened 84 restaurants in Norway since 1988. Today their restaurants are closed for guest seating, but their service continues. 

Marketing Manager Heidi Moss notes that “this is a demanding situation for all of us. Burger King is working to keep as many restaurants as possible open for take-away, drive-thru, and home delivery. Seating in our restaurants is not available to ensure that our guests do not sit close to each other, in accordance with the instructions of the Norwegian Institute for Public Health. Our staff is committed to maintaining high-quality service for our guests, in the safest way possible. We already had strict guidelines for hygiene, and these have been further developed.”

“We are very grateful to all who dine with us during this extraordinary time and we are constantly updating our website with information on all restaurants that are open and at what hours.”

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Starbucks

The American coffee chain opened its first cafe in Norway at Oslo Airport at the beginning of 2012 to satisfy Norwegian’s impressive thirst for coffee. In the past weeks, Starbucks has been transparent, sharing the global company’s steps to navigating COVID-19 in China so that others can learn from their experience. 

“As we continue to navigate the scale and impact that coronavirus has had on our daily lives, our employees and customers remain our greatest priority. Throughout this period, we have been closely following the guidance of government and health officials in Norway. As of March 17th, we chose to close all of our coffee houses as part of the national and global dugnad to prevent spreading the virus, says Operations Manager Monica Vollan.

“As we continue to navigate the scale and impact that coronavirus has had on our daily lives, our employees and customers remain our greatest priority.”

Starbucks Operations Manager Monica Vollan

“At Starbucks, we are local – and the local support from business unions, shopping centers, and retail organizations is much appreciated. We are currently unable to offer ‘the Starbucks experience’ at our stores, but our webshop is still open and fully stocked. We already see that the number of orders is increasing, a silver lining in this difficult time. To support online sales and give our customers prime value for their purchase, we are sharing our best guides on how to brew a perfect cup of coffee at home and recipes for snacks, coffee drinks and treats that upgrade the home office.”

Support While Staying Safe

You can still enjoy your favorite restaurants and support local employees while staying safe. Order takeaway or delivery – and share menus and special opening hours on social media within your local community! Keep yourself and others safe by:

  • Ordering food delivery or takeaway if possible.
  • If you are sick – have someone pick up the food for you!
  • Paying electronically and in advance when possible.
  • Avoiding contact by having food placed on your doorstep.
  • Disinfecting the doorknob and doorbell for delivery workers.
  • Immediately throwing away bags or food containers.
  • And as always, washing your hands!

World Oil: Equinor sees Johan Sverdrup production ramp faster than expected

OSLO – Equinor’s Johan Sverdrup field in the North Sea expects to reach plateau production for the first phase in early May, earlier than anticipated. Due to higher plant capacity, plateau production will increase from around 440,000 boepd to around 470,000 boepd.

Plateau production was previously expected to be reached during the summer. At the end of March, daily production had already exceeded 430,000 boepd.

Read entire article HERE.