"Inclusive Globalization" as a beneficial solution to all became an important topic at the 2019 Davos summit. Niels Lunde, Editor-In-Chief of the leading Danish business newspaper, Børsen, points out that Danish summit participants, such as CEO of Novo Nordisk, Lars Fruergaard, Chairman of LEGO, Jørgen Vig, CEO of Ørsted, Henrik Poulsen and Chairman of the Carlsberg Foundation, Flemming Besenbacher, truly have something to offer – as the Danish culture is built on collaboration, finding broad solutions and ensuring that "only a few have too much and even fewer too little", as expressed by national poet N. F. S. Grundtvig.
There is a great deal of merit in providing a Nordic answer to what is essentially an American question. Managerial tools such as Command-and-Control, Specialization, Capital-Budgeting and Pay-for-Performance were invented over 100 years ago, and put effectively to use at Henry Ford's iconic car factory in Detroit. But what needs were these tools invented to address? Basically, they were aimed at prompting human beings into acting as programmable robots. At the assembly lines. And in the endless budget and control routines.
It was an integral part of the industrial revolution to reduce human beings to robots, and companies to mechanical constructions. The adoption of these principles transformed the U.S. into the strongest economy on Earth, and American CEOs and business scholars into superstars. Executives and business students from all countries in the world undertake pilgrimages to American business schools. Genuinely Nordic companies design their strategies and organizations using American models and conceptions of effective management. And their meeting rooms are named after American business professors such as Peter Drucker, Michael Porter and Gary Hamel.