Monthly Archives: January 2010

Johnny Johnsson

Johnny kicks ass at last day on the job…

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Johnny Johnsson was celebrating his last day at work with a three-hour presentation of his achievements as company doctor at Stora Enso Fors over a period of more than 20 years. During the first 10 years, Fors became the healthiest company in Sweden. In 2004, he was presented with a medal by the Swedish king His Majesty Carl XVI Gustaf.
His impression of the recent development in the Stora Enso group was however less than positive. Centralisation and efforts to create a global identity have created anonymity. Endless reorganisations, rigid company directives, shared service centres, outsourcing (Bangalore!) and centralised software systems (SAP) have reinforced this negative development. Only by developing a local identity in a global context can a positive company culture be established.

Bitter return to home

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Helsingin Sanomat has summarised the rise and fall of Finnish paper industry’s conquest of American and European paper companies. In the year 2000, the three companies Stora Enso, UPM and M-real were all very confident that their acqusitions were truly adding value to the owners. Ten years later, the truth is that it all was a gigantic loss of money.
See also another Helsingin Sanomat article on the same topic.