All posts by Margrethe Harboe

AmCham Digitalization Forum: Ransomware Recovery & Digital Adaptation Leadership

AmCham Digitalization Forum: Ransomware Recovery & Digital Adaptation Leadership

Leaders from Badenoch + Clark, DNB, DNV, KPMG, Lockton Companies, Marsh, Microsoft, Schjødt, Sparebank1, Tailormade Consulting and Thommessen met virtually for AmCham’s latest Digitalization Forum.

Ibas Ontrack Country Sales Manager Lars Løfsgaard and Senior Nordic Operations Manager Øyvind Nyland, expertly presenting from their Nordic headquarters Kongsvinger, outlined first steps for directors to take during a ransomware attack. Detailing practical data recovery processes and salvage options, “a new business falls victim to ransomware every 11 seconds,” according to Nyland.

Regular staff training, replacing legacy systems and cultivating a rapid incident reporting culture are vital.

The duo emphasized that data exfiltration has markedly increased during recent attacks, with more potential reward for criminals than simply blocking access to key company files. Guiding participants through illustrative case studies, “regular staff training, replacing legacy systems and cultivating a rapid incident reporting culture are vital” for addressing what is unfortunately a very possible scenario for all of our businesses.

Presenters

Lars Løvsgaard  – Country Sales Manager

Øyvind Nyland – Senior Nordic Operations Manager

Jennifer Vessels – CEO

Customer Needs & Team Empowerment

Longtime forum moderator Jennifer Vessels, CEO of Next Step, then took the lead by outlining observations and key findings from her intensive work with organizations and international business leaders through the shift to digital business. “In 2020 there was no rulebook on how to lead and change your business in the face of a pandemic. Companies who had digital transformation on the agenda for years suddenly had to adjust in a matter of hours,” noted Vessels.

With almost every business leader in Norway, the US and around the globe facing similar challenges, Vessels warmly embraces the radical shift in innovation and business transformation, noting however that not all things can be done or experienced the same virtually. “Don’t simply recreate physical experiences digitally, start with understanding customer needs today and in the future. Learn by doing – start small, learn, pivot, learn.”

Vessels and forum participants went on to discuss the importance of an empowered, communicative team – supported by a sound OKR framework – in achieving such profound adaptation.

NextStep_image
Source: Next Step

AmCham Digitalization Forum: Building Networks, Developing Competence, Expanding Knowledge

From sharing best practices to exploring how member companies adapt and innovate, AmCham’s long running Digitalization Forum fosters leaders’ transformation confidence and inspires cross-industry collaboration in an ever-evolving digital business environment.

Please contact amcham@amcham.no for interest in joining and/or presenting during future Digitalization Forums.

Stricter Coronavirus Testing Being Weighed for All Travelers to U.S.

The Biden administration is preparing stricter testing requirements for all travelers entering the United States, including returning Americans, to curb the spread of the potentially dangerous omicron variant, according to three federal health officials.

As part of an enhanced winter covid strategy Biden is expected to announce Thursday, U.S. officials would require everyone entering the country to be tested one day before boarding flights, regardless of their vaccination status or country of departure. Administration officials are also considering a requirement that all travelers get retested within three to five days of arrival.

Read full article.

Kronprins Haakon og statsråder til USA 5.-9. desember

Kronprins Haakon besøker New York 6.-7. desember og Washington DC 7.-9. desember. På reisen deltar også utenriksminister Anniken Huitfeldt, olje- og energiminister Marte Mjøs Persen og næringsminister Jan Christian Vestre.

Besøket er bredt anlagt og vil dekke blant annet besøk til FN, fremme av norske kultur- og næringsinteresser, klima- og energispørsmål, nordområdene og det bilaterale forholdet mellom Norge og USA.

Les hele pressemeldingen HER.

Hydro on Track to Build New State-of-the-Art Recycling Plant in Cassopolis, Michigan

Hydro has made the investment decision for the construction of a new state-of-the-art aluminium recycling plant producing 120,000 tonnes of aluminium extrusion ingot per year. Construction is set to start in early Q2 2022, with production commencing in 2023. The plant will have approximately 70 direct employees.

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AmCham Mentorship Program: Team Culture & Employee Voice

AmCham Mentorship Program: Team Culture & Employee Voice

AmCham Mentorship Program mentors and mentees recently convened at the newly opened Oslo House for leadership presentations by Thommessen Managing Partner Sverre Tyrhaug and Mirha Sunagic, Associate Professor at USN School of Business.

Speaker

Sverre Tyrhaug

Speaker

Mirha Sunagic

From a Team of All Stars to an All-Star Team

Sverre Tyrhaug, who has led the law practice Thommessen for the past eight years, has methodically worked towards building a team-centric culture as opposed to solely recognizing individual performance. One reason for a renewed focus on the team, Sverre explained, is that “the world is multi-disciplinary, and to thrive you must be able to collaborate.” To illustrate this point, he used an analogy that resonated well with Norwegians; “we cannot be individual cross-country skiers.  Instead, we must collaborate in teams.” Across his team, Sverre is instilling a sense of concern for the success of fellow colleagues in order for the team to perform well – as a unit. Besides the function of preforming well, teams offer the opportunity to share successes and celebrate victories together.

 

Within the competitive field of law, the industry standard has long been, and to a strong degree still is, to promote individual achievements – “the cost of changing nothing has not been high enough.” High profits have acted as a barrier to the introduction of a shift in culture, though that sentiment is changing as Thommessen is ensuring the culture is promoted from the leadership level, which in turn affects the team, ultimately creating a firm wide change in the culture. By designing a team that prioritizes trust, support and open discussions, the firm corrects dysfunctions before they disrupt. Serre’s last piece of advice was to ask colleagues new questions, as they will lead to new conversations with unexpected and useful gains.

 

Breaking the Barriers to Reach a Positive Voice Climate

How does one create a low threshold, or stor takhøyde, to voice opinions within an organization? This is one of the questions Mirha Suangic, PhD in leadership and organizations, addressed in her presentation. In simple terms, the answer is psychological safety. Voice climate is defined as the shared beliefs within a group about consequences. If an employee does not feel safe to voice their opinions, it is because they fear exclusion and negative future consequences. Another term that was introduced to participants was voice advocacy. This refers to the weight that a person’s opinion or suggestion holds. Feeling a strong degree of psychological safety results in a lower barrier to voice opinions. A negative voice climate can lead to a fear for punishment and consequences, silencing the person who, in reality, holds valid and valuable insights.

Mirha also addressed the distinction between internal organization employee voice versus externally oriented whistleblowing. The benefits of a positive voice culture that welcomes employee engagement does, through her research, improve workplace performance. Moreover, a positive voice climate will contribute to ethics being upheld within the workplace. Mirha concluded with underscoring the strong effects of leadership style in the quest of a positive voice climate, echoed by Sverre’s reflections on his role in defining the company’s culture.

About the AmCham Mentorship Program

With its unique cross-industry orientation and global approach, the AmCham Mentorship Program offers a dynamic, internationally minded arena for leadership development.

The program pairs emerging corporate talent with seasoned executives from AmCham Patron-level member companies. The result: a collaborative arena that fosters improvement and reflection, prepares young leaders for the challenges of the international marketplace, and forges bonds between AmCham member companies.

If you are interested in participating in the mentorship program, please contact Madeleine Brekke at madeleine.brekke@amcham.no for more information.

Past Mentorship Program Events

Orkla Listed in the Dow Jones Sustainability Index

For the seventh year in a row, Orkla is featured in the Dow Jones Sustainability Index Europe.

“Being included in one of the world’s most highly regarded sustainability indices is an important recognition of the work we do in this area, and will serve as inspiration for further efforts,” says Ellen Behrens, VP Corporate Responsibility at Orkla.

Read full article.

StormGeo Awarded Contracts for Weather and Ship Routing Services by Equinor

StormGeo, a leading provider of weather intelligence and decision support solutions, announced that it has been awarded two contracts for weather and route advisory services provider to Norway-based Equinor, an energy company with more than 21,000 employees developing oil, gas, wind and solar energy in 31 countries. The contracts serve as a continuation of the collaboration between the two companies that began in 2005.

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AVINOR and SINTEF in European cooperation that will accelerate innovations for a more sustainable aviation industry

The EU has awarded 25 MEUR to an ambitious project for European airports, to increase the use of new technologies in aviation. In Norway, AVINOR and SINTEF will contribute to green aviation.

In the years to come, the aviation sector will have to solve many challenges related to carbon footprint. Airports, knowledge institutions, and industry partners across Europe are now joining forces in the TULIPS project, led by Amsterdam Airport Schiphol, to make aviation more sustainable.

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Telenor and Google Cloud Form Strategic Partnership

(Fornebu, 15 November 2021) Telenor has signed a strategic partnership with Google Cloud to further explore areas of cooperation and define key strategic initiatives, advancing Telenor’s digital capabilities.

Telenor continues to advance the modernisation of the telecommunications industry by digitalising and expanding its offerings – going beyond connectivity. As the network is increasingly software-based, Telenor is exploring how to leverage Google Cloud’s expertise in data management, machine learning and artificial intelligence (AI/ML), as well as the company’s infrastructure, to bring together the complimentary technologies to Telenor’s customers and society overall.

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