Management and Business Practices in Finland

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    ICM Finland

    Finland

    Inter-Cultural-Management Damian Martinez-Dreyer, Sren Wellhfer

    Enjoy thesilence!

    05 28 2010

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    Geography

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    Geography

    Size of Montana (337,030 km2)

    Lakes and forests (more than ), some

    mountains, 8% arable land Long cold winters, short mild summers

    5,359,538 population,

    80% south, 60% urbanized Geography = Nordic people

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    History

    5000 BC: Finno-Ugric tribes

    12th century: Swedish rule since, no nation

    1809: Duchy of Russian Empire, unifiedsemiautonomous entity

    National movement, Finish/Swedish languageofficial

    1899: Russification, Integration

    1919: Independence after short war

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    History

    1939-44: Germany's co-belligerent against Soviet Union,Winter/Continuation war

    1948: Treaty Soviet Union

    1989: SU recognizes Finland's full sovereignty 1995: EU integration

    Hero nation: cultural identity, persistent toughness

    Religion: Lutheran (80%), Orthodox(10%)

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    General attitude

    High ideals, loyal, reliable, punctual

    Honest, direct, tolerant, very low-context

    Reserved, polite, quite, thoughtful, unemotionalin public

    Unbureaucratic, informal

    Equality, personal freedom, women's rights Individualism, social responsibility

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    General attitude

    Traditional, yet modern and technological Nature-loving Proud of nation and heritage, modest, Pessimistic, inferiority complex Brink of Scandinavia and Europe

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    Lutheranism and work attitude?

    Many baptized (80% = 4.3 Mio.)

    Very secularized society (Church/State)

    It's proper to be Christian

    Work ethic = morals and values of diligent work Nordic people, historic struggles, National pride

    sisu= die trying against the odds

    ability to sustain an action against the odds with courage History, heritage, and national values shape work ethic,

    not religion

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    Empathizing with Finns

    Modest

    Low profile, never boast

    Achievements in modest tone

    Silence is positive, contemplative, relaxing

    Clear goals and objectives

    Individual freedom, self-respect Subtle body language

    Humorous on occasions, rather dry

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    Business practices

    Highly-competitive business culture

    Punctuality

    Dress properly

    No small-talk

    Good English

    Respect opinions Follow host in actions

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    Business practices

    Formal atmosphere softens in meetings

    Women have true equal standing

    No good team players

    4/5 weeks of vacation during summer, avoidtravel

    Sauna

    Conversation topics: history, politics, sports,technology, travel

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    Management by motivation

    Frank, open, direct (share your plans)

    Modest, unemotional, objective

    Talk slowly and listen

    Precise, efficient

    Relaxed about protocol and hierarchy

    Honest, faithful, solid

    Do never: Gossip, lie, insult culture & heritage

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    Quality

    Hight-tech society, highly industrialized,high standard of living

    Quietly efficient perfectionists

    Emphasize quality, but not picky

    Important for individual and society

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    Product XYTrollcorp.

    Helsinki

    Example of a Finnish presentation:

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    Product XY - Overview

    Achievements:

    Profitability 70% since inception (5 years ago)

    80% of customer satisfaction

    Quality of service deemed good in surveys

    Objectives:

    Return on investment must be increased Product placement stabilization

    Reduce marginal costs for serviceability

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    Product XY - Development

    Three autonomous working groups

    A: Quality reinforcement

    B: Customer satisfaction

    C: Process rationalization

    A

    B

    C

    Improvementreconciliations

    Goal:Profitability margin

    up by > 10%

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    Finish communication explained

    Silence is positive

    Think quiet (silence again)

    Only subtle bodylanguage

    Be modest

    Structured conversation, one voice at a time!

    Speaking less is more.

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    The GLOBE Study

    438 Managers / seven companies

    To study:

    Social / Organisational cultural norms

    Leadership norms

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    GLOBE: Social Results

    Uncertainity Avoidance0

    3.5

    7

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    GLOBE: The perfect Leader

    Visionary

    Integrity

    Inspirational

    Colaborative

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    Kiitoksia paljon!