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Technology died today. Not the machines, but the paradigm. The belief that delivering high-tech creates jobs, prosperity and shareholder value got killed. The news hit this morning in Sweden’s newspaper SVD among others, that Sweden’s flagship, Ericsson, is shedding thousands of jobs and shutting down manufacturing in Sweden. The decision is sending shock-waves through the municipalities where Ericsson units are one of the largest employers. The likely effect is that whole communities will suffer in a domino effect decimating local suppliers then local services then house prices. And it’s probably the best thing to happen to Sweden for a long while. More on that later. First to the situation. Continue reading “Opinion: Ericsson divorces Sweden and kills technology”
Ericsson just lost its CEO and with no-one at the helm of this giant spaceship of a technology company I’d like to offer the board some insights and advice. I’m biased as I worked there for a while; it was a period of personal growth for me and a lot of fun. My basic message is that the company needs to get back to its Swedish cultural roots and back to doing what it does best: providing needed advanced services and technology to people in societies that aim for social and environmental good. Continue reading “OPINION: Earth to Ericsson – Come back!”