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In Good Company with Nicolai Tangen
Chair SEB and Vice Chair Investor AB: Marcus Wallenberg: Family, Adaptability, and Long-Term Stewardship
Oct 2, 2024
Marcus Wallenberg, Chair of SEB and Vice Chair of Investor AB, represents a family with over 175 years of impact on Swedish industry. He discusses the importance of adaptability amidst rapid technological changes and emphasizes long-term stewardship as key to their success. The conversation touches on the value of research and education in driving innovation, investment strategies in volatile markets, and the dynamics of collaborative leadership. Wallenberg also shares insights into the family’s legacy and the role of personal passions in shaping professional growth.
45:30
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Quick takeaways
- The Wallenberg family's 175-year legacy emphasizes the critical role of adaptability in navigating dramatic technological changes and ensuring business competitiveness.
- Long-term stewardship by the Wallenberg family fosters a culture of innovation through collective ownership and significant contributions to education and research initiatives.
Deep dives
Adapting to Change
Surviving for 175 years as a family and business conglomerate requires the ability to adapt to dramatic changes over time. Key technological advancements, from the steam engine to the internet and now artificial intelligence, highlight the necessity of continuous evolution. Being willing to embrace and drive change has been fundamental to maintaining competitiveness in a rapidly evolving landscape. This adaptability has not only kept the family businesses thriving but has also instilled a legacy of innovation and resilience.
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Discover
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