Digitization constitutes a transformative shift in technology across industry and society in general. Europe’s digital frontrunner countries must make faster and broader digitization a top priority and provide strong European leadership at the highest political levels to guide cooperation across nations to secure future growth and employment. While the positive impact of digitization is expected to benefit the entire continent, some EU nations stand to gain more than others and therefore should help pull Europe toward a more digitized economy for the benefit of all.
It’s a whole new game for CMOs. The combination of digital technologies and innovative retail businesses has totally transformed consumers’ shopping behaviors. And the game keeps changing. While companies are building strategies for desktops and laptops, consumers are switching to mobile devices and apps. CMOs have two options: turning digital marketing into a competitive advantage or allowing it to become a competitive disadvantage. Those that want to win need to rethink their strategies, tools, and organizations. In many cases, they need to transform the way they approach their roles. Here’s a game plan for adapting to the digital age.
Diversity is an opportunity for Danish companies to improve their performance and create more value, particularly by increasing the share of women in leadership.
BCG in Copenhagen spoke with human resources executives and surveyed female leaders to determine the root causes of the gender gap and specific ways that companies can follow to boost the ranks of female leaders.
Executives have misperceptions about women’s ambition. Many executives believe that a large share of women lack the motivation to seek senior leadership roles. Yet our research shows that the opposite is true.
Clear career paths and role models are lacking. Among other challenges, many female leaders say that there are no natural next steps on the career ladder and that they lack female role models among their leaders.
A Leadership Agenda Includes Five Priorities. With clear sponsorship from the CEO, C suite, and board, companies should create transparency and accountability, use middle managers to promote change, strengthen career planning for women, make flexible work arrangements the new norm, and tailor recruiting toward women to increase the pipeline of female talent.
The Nordic countries are losing their competiveness and a transformation is needed to change direction. We believe that by addressing the workforce gap caused by the aging population and by stimulating the most productive industries, the Nordics could return on a path of healthy economic growth. In 2014, we created the Nordic Agenda, a set of ten recommendations to transform the Nordics for competitiveness and growth. We have now followed up on their progress. The Nordics have slowly started to embark on the agenda, but we feel the speed of change is still insufficient and there is a lot more to be done. In order to speed up the process, the Nordics should more actively adopt best practices from each other and abroad, and utilize talent and transformation knowledge from the private sector.
Svensk filmnäring är idag under stark förändring där digitaliseringen är påtagligare än någonsin. Konsumenterna anammar nya sätt att konsumera film och rörlig bild, vilket innebär både möjligheter och utmaningar för filmbranschen. Den fysiska försäljningen av film fortsätter att sjunka samtidigt som lagliga digitala alternativ ännu inte kompenserar för nedgången och de illegala tjänsterna växer. Rapporten ger en bild av svensk filmnäring idag och bygger vidare på den tidigare rapporten Svensk Filmnäring – Utveckling, utmaningar och möjligheter, från 2014.
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The development of the Swedish economy, and the country's ability to remain competitive, is largely dependent on how well Sweden can leverage digitization and technology to drive economic growth and job creation. In the early 2010s, Sweden was the world leader in digitization, but while other countries have increased their investments in digital solutions and technology, Swedish investments have stagnated. As a consequence Sweden has lost its digital leadership and is on a negative trajectory in BCGs e-Intensity Index. Changing this current trajectory and re-claiming global leadership must be a national priority. Therefore, it is time for Sweden to launch a new digital agenda, with the aspiration to make Sweden the best country in the world for leveraging digitization and technology to drive economic growth and job creation.
The Baltic Sea is in a critical state, and eutrophication, caused by excess nutrients in the water is one of the major threats. Measures to limit human-caused nutrient load have been enacted, but progress has been too slow. The future of the Baltic Sea can be improved by a stronger municipal environmental strategy that would also boost local economies and labor markets. For an average municipality in the Baltic Sea region, addressing eutrophication can create €270 million in gross output and 3000 full-time jobs between 2015 and 2030. Within the entire Baltic Sea region, 900 000 jobs could be created by 2030, representing almost 2% of the total labor supply.
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BCG Nordics has published multiple reports over the years on topics ranging from transformation of the Nordic model to the future of the Baltic Sea.