To survive in today’s volatile business environment, companies need active boards that spot disruptive trends and help executives think several years ahead. A BCG study of Nordic companies, which consistently rank among the world’s top value creators, offers insights into how all companies can promote long-term success.
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After more than a half-century of economic and social success, Nordic countries are confronting the reality that they must adapt. The countries’ ability to keep providing world-class social benefits is in question because of changes that are eroding the foundations of their economies. Those changes include the rise of new global competitors and the trend toward digitalization of economic activities around the world. While Nordic countries are still operating from a position of strength, their future is no longer assured.
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