All posts by Tyler Barrott

E24: Esa tar Norge til Efta-domstolen for styre-krav

Eftas overvåkningsorgan, Esa, har besluttet å ta Norge inn for Efta-domstolen over kravet om at ledere og styret i selskaper med hovedkontor i Norge, skal være statsborgere og innbyggere i et EØS-land.

Det skriver Esa i en pressemelding onsdag.

«Basert på etablert rettspraksis og tidligere traktatsbruddsprosedyre, mener Esa at disse kravene er i strid med grunnleggende EØS-prinsipper om etableringsfrihet», heter det i meldingen.

Lovverket Esa mener er problematisk finnes både i Aksjeloven (for AS) og Allmennaksjeloven (for ASA-selskaper). Der stilles det krav om at daglig leder og minst halvparten av styret og eventuelt bedriftsforsamlingen, skal være bosatt i Norge, med unntak av EØS-borgere når de er bosatt i et EØS-land.

Les hele saken HER.

Finansavisen: Slik finner hodejegerne kandidater til lederstillingene

Mytene er mange om hodejegerbransjen, som på tilsynelatende mystisk vis finner frem til kandidater til de spennende lederjobbene.

– I 40 år har bransjen vår holdt det meste hemmelig, sier Bendik N. Blindheim, adm. direktør i Isco Group.

– Derfor er det kanskje ikke så rart at det oppfattes som litt mystisk.

Men alle de tre hodejegerne Finansavisen har snakket med benekter at det er mystikk involvert i dag. 

Les hele saken HER.

DNx: Coca-Cola legger hele sin tyngde bak målet om å samle inn all emballasje som blir brukt til drikkevarer i Europa.

Se for deg følgende: Du er ansvarlig for verdens største produsent av drikkevarer – og dermed ansvarlig for en av verdens mest kjente merkevarer. Da er også sjansen stor for at emballasjen fra et av dine produkter kommer på avveier og ender opp som søppel et eller annet sted i verden. For eksempel i en skog eller på en strand. 

Det er ikke greit for deg – eller for alle de 700.000 personene som hver dag jobber for merkevaren din – å se at emballasjen med logoen din på, har endt opp i naturen. Og det er ikke greit for alle andre som blir utsatt forsøplingen. Og det er ikke bra for kloden vår.

Hva gjør du? Jo, da sørger du for at sjansen blir så liten som mulig for at emballasjen fra dine produkter kommer på avveier. Og bruker størrelsen på selskapet ditt til å påvirke alle andre til å gjøre det samme.

Det er nettopp dette verdens største brusprodusent nå er i ferd med å gjøre.

Les hele saken HER.

Creating Analytics Leaders: An Inside Look at the New Strategic Partnership Between Patron Members SAS Institute and BI

Creating Analytics Leaders: An Inside Look at the New Strategic Partnership Between Patron Members SAS Institute and BI

From Digitalization Minister Nikolai Astrup’s comments at AmCham’s annual member reception to headlines in all national newspapers, one thing is abundantly clear: the future is digital – and Norway has tremendous ambition to be global leader in this digital future.

For Norway to realize it’s digital ambitions, however, it will need a digitally competent workforce, a workforce capable of mining, developing, and analyzing large amounts of data – a resource many are calling the world’s new oil.

Despite this future demand, however, unemployment among recent master’s students graduates in fields related to information and communication technology (ICT) is paradoxically nearly double that of the average for Norwegian master’s students, according to a 2018 report from the Nordic Institute for Studies in Innovation, Research and Education (NIFU). One possible explanation noted by the report was a lack of work relevance in theory-heavy ICT master’s programs, a trend that has led ICT students to demand more internship opportunities and learning programs that prepare them to immediately enter the workforce.

SAS Managing Director Jørn Seglem (right) and BI Executive Vice President for Full-Time Programs Marius Eriksen shake hands as they sign the strategic partnership agreement between their two organizations.

Leadership Development Through Collaboration

In response to this increasing student demand and growing employer need for job candidates with sophisticated data analytics skills, AmCham member organizations SAS Institute and BI joined forces to form a strategic partnership aiming to create global analytics leaders through BI’s bachelor’s and master’s programs in business analytics.

“Everyone’s talking about AI, machine learning, and advanced analytics – and we were looking for a partnership with a company that really knows what it’s doing in these areas. Through our new cooperation with SAS Institute, our students will develop their analytical skills in a highly applicable business context,” notes Pål Berthling-Hansen, Associate Professor and Associate Dean of the Master of Science in Business Analytics Program at BI.

BI students enjoying the first session of the program's lecture series featuring Jack Phillips and Drew Smith from the International Institute for Analytics and Dr. Daniel Yar Hamidi from the University of Borås.

The collaborative program will offer students services tailormade to prepare them for tomorrow’s digital, data-based economy. With direct access to SAS software and e-learning courses, students will be able to qualify for internships and awards for thesis projects, participate in Hackathons, and access SAS Learning Labs, which will allow them to practice with real data sets and AI projects.

“BI is at the very forefront of developing leadership and analytical skills that will be truly relevant in the business world going forward. We are truly happy to play our part in the education of future leaders that will possess the digital competence crucial to the competitiveness of our society and for customers,” adds Jørn Seglem, Managing Director for SAS Institute Norway.

Indeed, the Creating Analytics Program is not just a positive for BI and SAS but rather for the entire digital ecosystem in Norway. Through the program, master’s students at BI will be invited to participate in customized internship programs with SAS Institute’s clients and partners, enabling them to gain highly relevant work experience while simultaneously allowing the business community to get to know the next generation of analytics leaders – something crucial to the future success of the Norwegian economy.

It is a sentiment that truly resonates with BI’s Berhling-Hansen. “There is tremendous demand from employers for talent that unlocks the potential of new technologies – not to mention the perpetually growing mass of data out there. Through an internship in the “SAS ecosystem,” our students will be better prepared for the large transformation projects they will work with after they complete their studies,” he concludes.

SAS employees chat with BI students before the program's first lecture session.

US Chamber Statement on Impasse at World Trade Organization

FOR IMMEDIATE RELEASE December 10, 2019 WASHINGTON, D.C. — US Chamber Executive Vice President and Head of International Affairs Myron Brilliant issued the following statement on the impasse that will cause the Appellate Body of the World Trade Organization (WTO) to cease to function this week:

“Despite a number of challenges, the WTO and the global rules-based trading system it embodies are successful institutions that benefit the entire world. The increase in trade from the WTO agreements has raised living standards, boosted innovation, and stimulated economic growth in the US and around the globe.

The Trump Administration, like its predecessors, has called attention to problems with the functioning of the WTO’s Appellate Body, which plays a key role in trade disputes. These are serious issues. However, the shuttering of the Appellate Body caused by the block placed on the appointment of new members does not serve the interests of the US business community.

“The Chamber urges all parties to redouble their efforts to address the important issues the U.S. has raised regarding the functioning of the Appellate Body. The goal must be to revive it in a more responsive and focused form in keeping with the objectives established by the US and other members when the WTO was created nearly three decades ago.

“If the WTO didn’t exist, we’d have to create it. Its rules protect US firms from unfair treatment and hidden protectionism every day. Safeguarding this institution and its dispute settlement system should be an urgent national and international priority.”

DN: Den amerikanske giganten Bain & Company kjøper det nordiske konsulentselskapet Qvartz

Det er tidlig desember-morgen på Qvartz’ kontor ved Slottsparken i Oslo. De ansatte har hatt helgen til å fordøye at de har fått nye eiere langt borte fra. Det globale strategi- og konsulentselskapet Bain & Company med 10.500 ansatte kjøper den nordiske konkurrenten Qvartz.

Qvartz har åtte norske partnere på Oslo-kontoret og 55 ansatte totalt i Oslo. Qvartz-partnerne blir nå eiere i Bain & Company på lik linje med Bain & Companys tusen partnere.

Les hele saken HER.

Silicon Angle: Microsoft inks $5B cloud partnership deal with KPMG

Microsoft Corp. today announced an important new partnership with the professional services company KPMG International Cooperative, which will use its cloud services to accelerate its digital transformation efforts.

KPMG is another big win for Microsoft, since it’s known as one of the world’s “Big Four” accounting organizations, along with Deloitte Touche Tohmatsu Ltd., Ernst & Young Global Ltd. and PricewaterhouseCoopers. Its main focus is on providing tax, audit and advisory services to large global enterprises.

As part of the new partnership, KPMG plans to roll out services such as Microsoft 365 and Dynamics 365 to its members and clients. Those products will become the collaboration and productivity tools of choice for some 207,000 KPMG employees in 153 countries worldwide, the company said.

Read entire article HERE.

SSB: Upturn in the Norwegian economy soon over

Global economy experiencing slow decline

The outlook for the global economy has improved in recent months. The likelihood of the UK leaving the EU without a deal is now significantly less, and the deadline for the Trump administration imposing import tariffs on European cars has now passed. Our forecasts for the international economy have therefore been revised up since the last time, but the international economic downturn is still expected to continue in the years ahead.

Fiscal policy still almost cyclically neutral

Fiscal policy has been approximately cyclically neutral in recent years. Although growth in public investment and consumption is expected to be somewhat below the trend growth, the ageing population will push up spending on retirement pensions and other benefits. The combination of cyclically neutral expenditure growth and small changes in the tax level means that the budgetary impulse is expected to remain almost constant throughout the projection period. The structural non-oil public deficit will be well below 3 per cent of the value of the oil fund by 2022.

Read the entire article HERE.

Digi: Jan Grønbech går av som Google-sjef

Jan Grønbech har sittet som Google Norge-sjef i 14,5 år. Det er lenger enn noen annen landssjef i Google.

Nå er tiden moden for å finne på noe annet – akkurat hva vet han foreløpig ikke.

Siden oppstarten av Google Norge i 2005, har Grønbech ledet sine ansatte og kunder gjennom perioder med enorme endringer i et mediemarked hvor Google selv har vært pådrivere for sentrale deler av utviklingen, ikke minst innen bruk av maskinlæring og kunstig intelligens, samt et skifte av fokus fra store skjermer til smarttelefoner. I en kronikk i tu.no var Jan Grønbech tidlig ute og kritiserte norske bedriftsledere for ikke å henge med.

Les hele saken HER.

Rising Leaders: Tackling Sustainability Challenges as a Young Leader

Rising Leaders: Tackling Sustainability Challenges as a Young Leader

Rising Leaders participants gathered at TGI Fridays Aker Brygge to focus on how to tackle sustainability challenges. Attendees heard from McDonald’s Nordic QA and Supplier Sustainability Lead Hilde Øverby, who highlighted the company’s extensive sustainability and youth outreach efforts. In addition, program participants took part in a highly engaging debate on sustainability in business with AUF General Secretary Sindre Lysø and Unge Høyre Functioning Leader Daniel Skjevik-Aasberg.

Scale for Good

TGI Friday’s Aker Brygge General Manager Nassim Khodadi welcomed program participants and highlighted a number of initiatives the company is implementing to become more sustainable, including attacking the problem of food waste head-on.

It was a welcome that set the stage well for McDonald’s Øverby. A long-time participant in the AmCham Sustainability Forum, Øverby took participants through McDonald’s comprehensive sustainability platform, highlighting why young leaders should not be afraid to bring their innovative ideas forward to their more senior colleagues.

“Don’t give up. Develop your idea, no matter how small. If you truly believe in it, you can scale it up and create good solutions that make an impact.”

Øverby then showed how McDonald’s itself is impowering young farmers and entrepreneurs to develop exciting sustainable products. Highlights included a pilot program with manufacturing companies Roltex (Belgium), GH Plast (Sweden), and Pla-Mek (Norway) that takes plastic waste from the fishing industry and furnishes it into trays McDonald’s hopes to eventually use in restaurants across Norway. 

In line with the definition of sustainability adopted by the AmCham Sustainability Forum, Øverby also highlighted how McDonald’s has developed a comprehensive sustainability platform by both working with partners such as WWF and following their holistic, three-E model (ethical, environmental, and economic) when making strategic decisions.

After her presentation, Øverby then fielded questions from Rising Leaders, a dialogue that included the importance of creating brand awareness around sustainability issues and how to empower youth from diverse backgrounds to become young leaders in companies such as McDonald’s.

Sustainability in Business: Perspectives from AUF and Unge Høyre

Following Øverby’s remarks, two youth politicians – Sindre Lysø from the Labor Party youth organization, AUF, and Daniel Skjevik-Aasberg from Høyre’s youth organization, Unge Høyre – took the floor to participate in a unique, roundtable debate with program participants.

Lysø and Skjevik-Aasberg spoke strongly about the importance of young people in business making their voices heard, particularly on sustainability issues, with both noting that the divide on various sustainability issues is more generation than political.

“We have visions, we know that society could be better. We are not in a position to think we can’t do anything – we are future customers, and innovation is driven by young people,” remarked Unge Høyre’s functioning leader.

Both additionally saw that Norwegian companies were making strong contributions to sustainability in raw materials industries, noting Hydro’s extensive sustainability work in aluminum production and Equinor’s growing commitment to renewable resources and carbon capture and storage (CCS).

Lysø, an educated civil economist with a degree from the Norwegian School of Economics (NHH) added that the key to leveraging Norwegian corporate innovation to build critical sustainable solutions is increased public-private cooperation.

“Companies are great problem solvers. They bring together considerable amounts of competencies and skills, including bringing in international talent. However, companies alone cannot solve the climate crisis. Cooperation with the state is essential – and that type of cooperation is one of Norway’s greatest strengths.”

According to Lysø and Skjevik-Aasberg, an element essential to accelerating progress on sustainability issues is the establishment of innovative frameworks that promote sustainability and inspire both businesses and individuals to take action.

“We don’t have the frameworks we need to achieve the SDGs. Therefore, there’s a lot of talk, but we need to act – and we know businesses will be more competitive if they take steps to reduce emissions, among other actions,” Skjevik-Aasberg noted.

It was a sentiment that resonated with Lysø, who added that strong frameworks will also play a critical role in creating frameworks that aid workers in developing the skills necessary to thrive in a more sustainable global economy.

“Making the transition will be challenging, however, the energy industry in Norway has a lot of competence in the skills necessary to power sustainable solutions, such as offshore wind. Here the state, employees, and employers must work together [to aid the transition].”

To close out the debate, Lysø and Skjevik-Aasberg also discussed the importance of having a diverse, international workforce with the competencies necessary to power sustainable growth, actively discussing with international program participants who have struggled at times with the transition to Norway. Both noted the importance of attracting skilled immigrants to Norway and making them feel welcome – areas where both agreed that Norway could improve.

“We really need an inkluderingsdugnad,” Sjevik-Aasberg concluded.

About Rising Leaders

Rising Leaders is an initiative of the US Embassy and AmCham to provide access for young, up-and-coming leaders from diverse backgrounds to high-level representatives of the established business community. AmCham Managing Director Jason Turflinger and US Ambassador Kenneth Braithwaite officially inaugurated the program in April 2018.

The 24 program participants — consisting of 12 women and 12 men from nine countries between the ages of 22 and 35 — have demonstrated leadership, entrepreneurial, and/or business excellence in their educational pursuits and careers thus far. Participants engage business leaders, learn about AmCham member companies, and gain business and leadership skills.

For more information about the program or to learn how your organization can get involved, please contact tb@amcham.no.