My Unexpected Journey to Sweden: Embracing Change in the Corporate World

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My career trajectory took a dramatic turn when the continental European company I had been a part of for many years, known for its economic strength and decades-long tradition, faced a significant shift. This change came when our company, ripe for a stock market listing, was sold. This sale, a challenging step for all involved, marked the end of an era and the beginning of an uncertain future.

The acquisition by a private equity firm felt like a corporate dissection. These new owners often likened to "locusts," seemed indifferent to our company's traditions and culture. Their focus was not on sustainable growth or preservation but on quick financial gains. This approach led to the company's metaphorical 'cannibalization,' stripping it for parts – the profitable areas polished for sale, while the less lucrative ones were neglected or discarded. It was a dispassionate, cold process that disregarded the workforce's well-being.

In this unsettling climate, a sizeable Swedish company from the import and export sector emerged as a prospective buyer for significant parts of our company. This wasn't the globally recognized yellow and blue giant but a firm with a long-standing ambition for such a takeover. The sale process was lengthy, with countless meetings and negotiations with potential buyers. However, it soon became apparent, albeit unofficially, that the Swedish company was the favored buyer from the beginning.

The influence of this Swedish giant was immense, a fact no one dared to speak aloud. During this tumultuous period, company-wide information sessions were organized, featuring personal appearances by the CEO of the Swedish company. His speeches in a large hall filled with hundreds of employees were a blend of reassurance and a call to embrace the upcoming changes. "Please join us," he implored, acknowledging the mixed emotions but highlighting the welcome waiting for us.

I found myself at a crossroads, ready to explore new opportunities. Despite my attachment to the old company, the reputation of the Swedish firm behind the acquisition was compelling. With a mix of optimism and resignation, I chose to transfer, a decision shared by many, though not all. Some colleagues opted for redundancy payments, choosing a different path.

Before the transition, I was approached by two Swedish representatives to oversee the certification process for the newly established company. After much contemplation and negotiation, I accepted this role, albeit with the intention of it being a temporary engagement.

Thus, I embarked on a new chapter, signing a contract that marked my departure from the familiar and my venture into uncharted territory. My first task was a trip to Sweden to meet the key figures of the new parent company. This experience introduced me to a vastly different business culture, signifying a profound shift in my professional life and setting the stage for a decade of learning, adaptation, and unexpected discoveries in Swedish corporate culture.

If you're intrigued by my entertaining account of spending a decade in Sweden and want to delve deeper into my experiences, please click the link to discover more about my book.

Book "Ten Years in Sweden"




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