[dropcap]I[/dropcap]KEA, Lego and Volvo Just Identified 4 Ways to Hack Management. We’ve heard a lot about the business practices of the tried and true American innovators like Apple, Google, and Facebook.(CREDIT: Getty Images)
But there’s also a lot of innovation happening outside of Silicon Valley, let alone the US. And we can learn from it all.
So where do you look?
Some of the most progressive social policies have originated in Scandinavia – specifically Denmark, Sweden, and Norway.
Sweden, for example, gives up to 480 days of leave per child, which can be taken all at once or split up between parents over time as paid time off until the child is eight years old.
The country also covers a significant portion of child care costs to ensure working parents get the support they need to remain productive.
These Nordic counties also consistently rank highest on the World Happiness Report (Norway was #1 this year).
It makes sense to take notice when a few hundred Nordic companies including IKEA, Lego, Volvo, H&M, Novo Nordisk,
and Maersk come together with the sole purpose of “hacking management” – which is exactly what they did last month.
The goal? Identify specific ways to reinvent big company management practices to make them more current and relevant for today’s fast-paced, innovation-based, world.
Sponsored by a Nordic innovation initiative called Fragile to Agile, hundreds of innovators from the most progressive companies in the region identified specific opportunities to take management to the next level – and, in some cases, blow it up altogether.
Sure, these ideas may not be realistic for every company.
But in today’s day and age, one thing is clear: Hacking management itself is perhaps management’s biggest imperative – if you want innovation.
This post originally appeared on inc.com