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US Chamber, Google Partner on Report Growing Small Business Exports: How Technology Strengthens American Trade

Small business exports currently account for $541 billion and nearly six million jobs in the United States. However, small businesses face several barriers to exporting, primarily foreign regulations, tariffs and customs procedures, and payment collection issues. 73% of small businesses are not aware of digital resources that can help them reach customers around the world. If small businesses had better access to global markets, it could increase the GDP of the United States by $81 billion and add 900,000 new jobs. The report surveyed over 3,800 small businesses across the United States and examined the landscape of small business exporting. In addition, the report provides policymakers with several recommendations to enhance small business exporting and grow the American economy and increase jobs.

Read full report HERE.

Regjeringen: Første høring i Norges WTO-sak mot USA om stål og aluminium

Et tvisteløsningspanel i WTO starter i dag første høringsmøte i stål- og aluminiumssaken mot USA.

Norge innledet i juni 2018 tvistesak mot USA om tilleggstoll på visse stål- og aluminiumsprodukter i Verdens handelsorganisasjon (WTO). Vi mener tilleggstollen er i strid med WTO-regelverket.

WTOs tvisteløsningsorgan opprettet i november 2018 et panel som skal vurdere saken, og i dag starter panelets første høringsmøte med partene. Det er satt av to dager til høringen. I tillegg til Norge, har seks andre medklagere i disse dager høring i sin tvistesak mot USA om de samme tiltakene. Norges høring er den tredje i rekken av disse syv tvistesakene.

Les hele saken HER.

Equinor: Oil and gas discovery in the North Sea

Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic metres of oil equivalent, corresponding to 38-100 million barrels of oil equivalent.

“We are making one of this year’s biggest discoveries in the most mature area of the Norwegian continental shelf (NCS), not far from the Troll field. This demonstrates the opportunities that still exist for value creation and revenue from this industry,” says Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK.

Adding considerably to the resources in this part of the North Sea, the discovery will probably be tied back to existing infrastructure. Further knowledge of the area and new data investments have increased our confidence in the exploration opportunities in this part of the northern North Sea.

Read entire article HERE.

International Leadership Interview: Tine Jensen, CEO, Discovery Networks Norway

Tine Jensen

AmCham International Leadership Series

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Having previously worked in Barcelona while commuting from where she lived with her family in Dubai, Tine Jensen’s active lifestyle was a useful commodity to have in 2018 – the year Discovery’s Norwegian CEO guided the organization through their first year as the official broadcaster for both the Winter Olympics and the Norwegian top tier football league while simultaneously leading the company through drastic changes in a fiercely competitive market. 

Tine sat down with AmCham to discuss the art of global leadership in an industry being revolutionized by the advent of digital platforms, highlighting the importance of being proactive and seeking new challenges along the way.

Where did you start?  Can you give us a brief description of your path to where you are now?

I am born and raised in Bodø in Norway. My parents were both teachers and taught me the value of team sports, engagement, and solidarity. Generally, I was very active in sports and activities growing up. Later, I moved to Trondheim to study. I was originally planning to study business and administration, but I quickly discovered that I would rather do strategy, marketing, and organization.

Upon completing my degree, I was going to become a consultant – because that was what everyone with that degree did back then, but instead, after encouragement from one of my professors, I started working with broadcasting for the TV-distributor Canal Digital Cable.

Here, I was tremendously lucky with my first leader, which is much of the reason why I stayed in the field of media and broadcasting. Plus, it was a fun time to work with TV. Cable TV was going to be professionalized and digitalized through the internet, and I got to experience that exciting journey for the industry firsthand.

Subsequently, having briefly tested the dot com enthusiasm — an enthusiasm that ended equally as briefly — I stared working for MTG, which owns Viasat, getting my first real leader role with P&L responsibility.

Then, my husband and I, with our two kids, decided to move to Asia. I had always wanted to work abroad, and the girls were still only about one and four years old, so we made it work. I applied for a study leave from work and opted for an MBA in Singapore, despite living in Kuala Lumpur where my husband was stationed. Which means I was commuting – staying five weeks at home and three weeks in Singapore.


One year on, my husband was transferred to Thailand, which meant an extensively longer commute for me, but it was still a great experience although somewhat challenging at times with young kids at home.

Upon completing my degree, I was offered a new job at MTG in Norway and we returned home. I eventually moved to Schibsted to experience other roles and areas within the media business. At Schibsted, they asked if I could be their expert on pricing and monetization, and I thought, “Sure, I can be a subject matter expert. Why not?” It was extremely educational to work in a company that focused on both newspapers and online classifieds in a period of intense digital transformation.

After two winters at home, however, the family had had enough, and we decided to move to Dubai. My husband worked for a mobile operator there at that time, so I ended up commuting from Dubai to the Barcelona Schibsted office every other week. I loved working abroad, and I think it is terribly important to have that experience if you want to become a leader.

Abruptly, however, Discovery turned up with an offer. In the small Norwegian sector, the most exciting positions are few and far between, so the opportunity to become a combined CFO/COO with such a successful Norwegian broadcaster that is also part of a large, international broadcasting company was a no-brainer. That was three years ago, and I have since been promoted to lead Discovery in Norway.

What are the important decisions you make as a leader of your organization and how do they impact its global presence? Do you have any recent examples to share?

I mean, Norway and the Nordics are big markets in broadcasting. If something big happens here, it directly affects Discovery’s stock in the US. Furthermore, being in an industry currently under extensive digital disruption, the most important decisions I make are related to digital strategies and perpetual renewal, in addition to our abilities to adapt to new business models.

In our industry, time is our worst enemy. Both in terms of disruption from Netflix, HBO, Amazon Prime, and so on, but also related to the consumers. We are battling to gain the attention of consumers every day, which means we cannot simply just optimize our products, but we must be innovative and able to explore new business opportunities quickly when they arise.

Keeping that in mind, Netflix and their equivalents have revolutionized the digital customer experience, but where they only provide digital content, we must continue to spearhead the traditional, linear TV experience, while simultaneously competing with their technology on digital platforms.

Hence, my most important decisions relate to ensuring that we can offer the best of both worlds. To achieve that, we cannot rely upon a five-year strategy anymore. The industry moves too quickly for that, which is why it is more essential than ever to communicate to the organization and the team in order to get them to not only understand the transformation process, but participate in it — and that is getting increasingly complex.

It is like American football — you know you need to get the ball to the endzone, but the tactics that get you there change continuously.

In an international organization, how do you build team morale and maintain creativity?

We have been through significant changes at Discovery in the past few years and have consequently changed the way we work. Everyone needs to master working across linear and digital, and through such vast changes in personnel, we have spent a substantial amount of time communicating our values, ambitions, and culture.

Through such processes, I believe the most important aspect I can contribute is to communicate the “why.” Why are we doing this? A leader will never get people to move in the same direction unless he or she manages to appeal to both the heart and mind of their colleagues, in addition to empowering them to be creative along the way.

This is particularly important when the organization is going through vast and drastic changes. For me, that means being open about both what we know and what we do not know, while laying the foundation that enables the organization to do what they do best – producing excellent content.

Would you use the same leadership style in a different organization? In a different country? How important is it to tailor your leadership style to your team and environment?

The core style would be the same — ensuring that I am there for the people around me and encouraging them to perform to the best of their abilities. Other aspects of my leadership style, however, would be adapted. The challenge is how to be authentic in light of the cultural context.

In terms of the organization, I think we are in a special situation in the media industry these days, which means that leaders are – and should be – focusing on leadership, transformation, and perpetual renewal. Our industry is changing so quickly that if a company, even a large one, fails to adapt to new ways of working and new consumer habits, they can quickly reach their Kodak moment. 

Where do new ideas and exciting proposals come from in your organization? Has your international experience helped you ‘think outside the box’ in your organization?

I am lucky to be working in a very creative industry. We are in the entertainment business after all. There are plenty of ideas from the organization locally as well as globally. Basically, a lack of ideas is not the problem, but finding the time to prioritize all of them is, which is why we must be selective. My job in this process is to ensure that ideas are flowing freely across departments internally. I dislike the thought of missing out on a great idea due to internal miscommunication.

What do you believe are shared traits among good leaders? Are than any common mistakes you notice leaders making? What is unique about being a leader in Norway compared to leading an organization in another country?

Most leaders generally have a strong sense of curiosity and drive behind them. I also think it is important to believe in yourself and the choices you make to ensure that you are authentic in your endeavors. I think if leaders fail to live their own ideals, one can quickly start losing the people. They too need to believe that leaders care.

Furthermore, I think it is important to be humble and look at oneself from the outside to understand how one might be perceived. Where leaders have previously failed – myself included – is when we fail to listen. Listen to the people in your leadership team and to the people in your organization.

If your job was a sport, which sport would it be?

I like the comparison to American football that I mentioned earlier. A sport with strategies, tactics, and a high pace, but where teamwork is essential to get into the endzone. Without a good team and collaboration, you can have the best strategies in the world, but it would make no difference.

How do you continue growing and developing as a leader?

It is rooted in my nature to seek challenges and be proactive. I prefer learning by doing, and I naturally seek out seeking challenges and tasks that I have not done before. It is difficult at times, but at the end of the day, I tell myself, “What is the worst that can happen?” Of course, it might have been more comfortable to not have sought out these new challenges, but it is in my nature and is a big part of why I have made it to where I am today.

When it comes to recent developments at Discovery, what are you are excited to talk about?

We have had a lot to be proud of recently. We did fantastically well last year with the Winter Olympics. Seeing the results of something we have worked very hard on for so long truly paying off is a great boost. It simply does not get much bigger than the Winter Olympics in Norway in terms of sports broadcasting! Additionally, expectations were extremely high as TV2 and NRK had done such great job with it for many years.

Furthermore, the way we combined the linear TV experience with digital players and streaming, in addition to how we managed to collaborate with third parties, was also great to see.

You get the podium at Stortinget for 5 minutes, what topic(s) do you address and why?

The professional Tine would address the importance of maintaining a strong media diversity in Norway. Media diversity is much more than news and online papers. The Norwegian language is important, and that is highlighted through quality Norwegian content, which we are proud to deliver.

As a private person, I would address elderly care in Norway. It is beyond me that even though we have so much wealth and welfare, we are still unable to deliver better elderly care for the people that built this country. When you look at future of healthcare challenges as well, with the Norwegian population expecting to become increasingly older, elderly care should be improved before more people reach that stage.

Where do you see yourself and your company five years from now?

If I am still relevant to the company and the company is relevant to me, I hope I am still at Discovery. As far as Discovery is concerned, we are still as relevant to the Norwegian people and the market as we are today, if not more. We are one of the leading digital content providers, producing quality Norwegian and sports content on Norwegian terms. That is our core business.

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

I would give the same advice to any 20-year-old. Work hard to be yourself. It is so easy to try to be someone else. Trust yourself and your values.

What do you see in the next generation of leaders aspiring to run an international organization? Do you have any advice for them?

Be curious! Go out to travel and study abroad – way too few are doing that. Even though you are planning for adult life in Norway, you should still get some global experience by living abroad.

Additionally, be prepared to work hard and smart. There are no shortcuts to your dream job, but that does not mean that you should keep running at the same wall repeatedly. Be smart – there is always more than one solution to a challenge!

Bloomberg: Norwegian Workers Lash Out Against Oil Shame

Ole Lie, a drilling supervisor who’s worked for Norway’s oil giant Equinor ASA since the 1990s, is feeling unloved as many are starting to turn their backs on an industry that’s made the Nordic country one of the richest on Earth.

“I feel stabbed in the back,” said Lie, 54, who works on the Gullfaks C platform in the North Sea. “Politicians are very fond of re-distributing the money we make, but not of providing the support needed to keep the industry alive.”

Western Europe’s biggest petroleum producer has a complicated relationship with oil amid growing concern over its impact on the global climate. Oil was discovered in the North Sea in the 1960s and has made Norwegians rich, but that fairy tale is now losing sway as a growing number of politicians and environmental groups are calling for a shut down of production with as much half of the estimated resources still in the ground.

Read entire article HERE.

Regjeringen: Betydelig prisreduksjon for våre nye F-35 kampfly de neste årene

En ny avtale mellom det flernasjonale programkontoret for F-35 og flyprodusenten Lockheed Martin medfører at enhetsprisen for de norske F-35 kampflyene går ned med om lag 10 prosent. – Enhetsprisen for F-35 ligger dermed under våre tidligere prognoser. Kostnadsreduserende tiltak, gode forhandlinger og samarbeid i et partnerskap viser nå resultater. Det er veldig positivt og styrker vår tillit til anskaffelsen, sier forsvarsminister Frank Bakke-Jensen.

Les hele pressemeldingen HER.

Space Programs and Infrastructure: Creating Value Across Industries

Space Programs and Infrastructure: Creating Value Across Industries

An Executive Roundtable with Dr. Tess Caswell

Jointly hosted and coordinated by AmCham Norway and the US Embassy, an exclusive roundtable discussion with Dr. Tess Caswell was held at AmCham’s office on October 29.  The agenda focused upon how increased investments in space programs and infrastructure will create value across industries as well as barriers for broader collaboration and engagement in the space industry.

Member and partner participants discussed the warp-speed pace of the modern space race and the benefits of the ever-growing ease of space access as well, in addition to some of the challenges that come with regulating space activities, legal responsibilities, and sustainability. 

 

Earth-Based Challenges and Space-Based Solutions

NASA spinoffs and technologies developed for space missions have often benefited those of us on Earth. From energy systems and storage to the defense, maritime, and agriculture industries, participants openly shared how associated spinoff technologies are abundant and expanding.

While working at mission control for the international space station as an environmental and thermal operation systems officer, Dr. Caswell was responsible for the air and the water aboard the International Space Station (ISS). This included making sure there was enough oxygen, removing CO2, and recycling onboard water. In other words, “making yesterday’s coffee into tomorrow’s coffee for the astronauts.”

One participant noted that, “in Norway we are good at finding solutions, but not always so good at generating the business. They say in Norway there is one salesperson for evert nine scientists, and in the US it is the other way around. The US knows how to scale up businesses and turn them from an idea into reality.” 

The Modern Space Race – Challenges and Opportunities

The day before the roundtable, Virgin Atlantic became the first human space flight company to trade on the public markets. With the modern space race cranked up to warp speed, more and more private companies are launching themselves into the mix.

“We are at a point where peoples’ motivations for going to space are opening up.20 years ago, it was all through government agencies. Now we have Blue Origin, SpaceX, Virgin Atlantic, and other independent paths to space. I think it is opening us up to an era where you can actually choose why you want to go to space. You don’t need to attach yourself to the coattails of a government mission,” said Caswell.

With so many satellites being sent up and orbiting the earth, one challenge the group focused upon was space debris – an issue that quickly could lead to an exponential increase of debris to the point where space could be impenetrable. Private companies need to take on the challenge of deorbiting and removing outdated satellites.

Norway in Space

Two years ago, Norway became a member of the UN’s Committee on the Peaceful Uses of Outer Space (COPUS), tasked with finding consensus on common guidelines for long-term sustainability of space activities. 

Also, the Norwegian government’s long-awaited space policy plan is scheduled to be released in December 2019. Participants expected that included directives would seize upon the opportunities associated with expanded aerospace education for Norwegian students, both in Norway and beyond. 

Participating roundtable organizations included Equinor, CMR Prototech, Kongsberg Defence & Aerospace, Kongsberg Satellite Services (KSAT), Norwegian Space Agency, NIFRO (Norwegian Industrial Forum for Space Activities), Elmatica, and IDEAS (Integrated Detector Electronics AS).

About Dr. Tess Caswell

Dr. Caswell was invited to Norway through the US Department of State Speaker Program to share her experiences as an astronaut simulator for the HERA Missions, her work in mission control for the International Space Station with NASA, and most recently from her role as a flight controller for Blue Origin, a privately funded American aerospace manufacturer and sub-orbital spaceflight services company owned by technology entrepreneur Jeff Bezos.

During her visit to Norway she also participated in Jenter i teknologi (Girls in Technology) events to promote STEM education for young Norwegian women and visited the Andøya Space Center, which supported a sounding rocket she launched during her undergraduate at the University of Alaska – Fairbanks.

DW: Norway ranked as best place to be a woman

Although no country garnered a perfect score, the global trends in women’s empowerment are “heading in the right direction,” according to the latest Women, Peace and Security (WPS) Index that was published Tuesday.

Women’s well-being improved in 59 countries since the first index was published in 2017, Researchers at Georgetown University’s Institute for Women, Peace and Security and the Peace Research Institute Oslo found.

Norway took the top spot, with a perfect score in women’s financial inclusion and making significant gains in women’s perception of safety. Switzerland took second place, followed by Finland, Denmark and Iceland.

Read entire article HERE.

Press Release: Jotun reduces print delivery distance by equivalent of a trip to the Moon

OSLO, Norway: Gelato has enabled Jotun to reduce the delivery distance of its print material by 373,000 km in 2018, the equivalent of travelling from the Earth to the Moon. The partnership has also reduced associated CO2 emissions by 113,000 kg and reduced print costs by 47 percent.

Jotun is a leading manufacturer of paint, coatings and powder coatings with nearly 10,000 employees across 45 countries. As part of its GreenSteps initiative, Jotun is committed to offering greener products that maintain high product quality and reliability standards and deployed Gelato Globe across its B2B units a year ago.

Gelato Globe combines digital brand management with the ability to print locally. The software allows print files to be stored, edited and shared through a cloud solution accessible from any device. Rather that printing everything centrally and then transporting across the globe, once prints are ordered, the files are automatically shared with the professional print houses that are closest to the delivery address.

This enables quick turnaround, eliminates customs issues and reduces delivery distances, associated carbon emissions and costs.

Cecilie Skeie Melberg, Global Communication Manager at Jotun says, “Reducing the transportation distances of our print materials by the equivalent of travelling to the Moon is a fantastic achievement! Establishing a more efficient print process has been a key part of our ongoing Corporate Social Responsibility commitments. Reducing associated CO2 emissions, along with cutting print volumes by almost half, are big wins that we’re delighted with.”

“But what’s also important is that we’ve been able to do this whilst keeping the Jotun brand consistency globally.”

Transitioning from large volume stock-printing to on-demand printing decreases print volumes and, because prints are available quickly, Jotun no longer needs to order excess prints just in case they’re needed.

Christian Sæterhaug, CMO at Gelato says, “Printing unnecessarily high volumes, transporting prints over long distances, customs issues, inconsistent print quality and invoicing hassles are some of the most common pain points described by our customers. Gelato Globe solves these issues for international customers, allowing them to print their professional materials on-demand and locally. We’re very happy to have helped Jotun achieve what it has so far, but we won’t stop there, will let you know when we reach Mars!”

Founded in the 1920’s in Sandefjord, Norway, Jotun has been a leading manufacturer of paint, coatings and powder coatings for almost 100 years. In 2018 the Jotun Group reported an operating revenue of NOK 17,6 billion.

Read original press release HERE.