In Good Company with Nicolai Tangen Volvo Chair: Leadership, crisis management and CEO vs Chair
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Jan 3, 2024 Carl-Henric Svanberg, a distinguished leader who has guided giants like BP and Ericsson through crises, shares his inspiring journey from a small Swedish village to the boardroom. He discusses the importance of resilience shaped by his upbringing and how effective leadership requires clear vision and adaptive strategies. Insights into navigating crises, especially during BP's challenges, and Volvo's transformative approaches highlight the balance between structured practices and adaptability. Svanberg also reflects on the dynamics between CEOs and Chairs, emphasizing communication and nurturing corporate culture.
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Clear Targets in Leadership
- Define a clear target for your company or group.
- This fosters a sense of purpose and direction among those working towards it.
Upbringing and Leadership
- Carl-Henric Svanberg's upbringing in Northern Sweden instilled a strong work ethic and resilience. - Moving frequently as a child helped him develop adaptability and social skills.
Assa Abloy's Acquisition Strategy
- Carl-Henric Svanberg successfully grew Assa Abloy through numerous acquisitions. - He streamlined operations, reduced variants, and improved profitability at acquired lock companies.