Earlier quoted context omitted.
Well just dropping a link to a news article or a study wouldn't really change things. If you look at who's the one producing major digital innovations it's still USA. Sure the Nordic countries are smaller but it's hard to compete against countries like USA with well educated people with strong work ethic when you're pushing in half the hours. Sweden sure is doing well with digital innovations but can't say that the r…
I don't think, at all that Amazon, Facebook, Google, Tesla, SpaceX, Microsoft, Apple, Netflix, +++ could have happened in Scandinavia. Even our small success stories are sold to foreign investors before they have time to grow big. It's harder to determine the cause, though. Contrary to popular opinion, I believe that work ethic, level of dedication, drive and regulatory climate wrt. employee protections, consumer pro…
Why Finland leads the world in flexible work
51–60 of 133 posts
Re: Why Finland leads the world in flexible work
#52Nokia is a good example of why this doesn't work. As soon as there was a talented company that wanted to work hard for the market (Apple), Nokia was toast.
Surely Apple is an example of working smarter rather than harder?
Re: Why Finland leads the world in flexible work
#53im pretty sure scandanavia leads the world in quality of life
Re: Why Finland leads the world in flexible work
#54Earlier quoted context omitted.
That is related to the funding in silicon valley. So many people who want to do startups in europe move to silicon valley.
Yep, that's much of the reason. The whole ecosystem is just incredibly well developed over there.
The current, or at least historical ecosystem might have been/is silicon valley...But, I'm curious what will happen in the future, when the ecosystem could be more easily replicated elsewhere globally. With regards to digital innovation - assuming products are less about physical goods, and more about digital services - I wonder when budding entrepreneurs will more often be able to generate startups elsewhere because enough of an ecosystem exists elsewhere in other regions/countries that ALSO have great well-being-related environments? I mean, if i were starting a company today, and i wanted customers that could afford to pay higher fees, maybe I wouldn't focus on the U.S. because more and more citizens have less disposal income? (After all, more and more U.S. folks are just trying to keep their heads above water, etc.) Maybe i would launch my startup in another region of the world because those customers are somewhat already comfortable in their lives - due to their nation's social safety net operating model - and would be more willing to part with their money to pay for my startup's higher fees (i.e. signing up for my imaginary startup's higher-margin price plans as opposed to the cheapo plans which have slim margins)?? In response, I suppose U.S. enterprises and especially those in U.S. public office, could try nudging the ecosystem to make U.S. more competitive...but that - i feel - just brings us to either companies working U.S. workers harder (because THAT is what they feel will save the day), or public office folks trying to "bring back" the silicon valley of the good ol' days...instead of - oh i don't know - innovating at the social operating model level. It's an interesting thought experiment. But, to rest on the laurels that silicon valley WAS an important ecosystem, and assuming (or hoping?) that it will continue to be the center of the innovation universe - to me - feels like its full of folly.
Re: Why Finland leads the world in flexible work
#55I can't fathom what life is like in such a small country. If 1 major company goes out of business, does it cause chaos? High unemployment and lower tax revenue sounds like any moment the country could find itself in an economic depression. In my local area this almost happened.
I'm from New Zealand. What's our major companies? None of them employ more than 20,000 employees globally. Sure that's a lot of people to lose a job, but the big companies are building, groceries, airlines, and telecommunications. If the companies go under, the demand for the products doesn't disappear. As for unemployment rate, 3.9%. Pretty close to the UK, USA, China. As for tax, on $100K USD, you'd be taxed 28.3%…
Re: Why Finland leads the world in flexible work
#56Earlier quoted context omitted.
I dispute the "better business results" claim, I don't think that's factually true. But let's assume it is, why then is wealth so much more concentrated[0] in the US? Let's assume that the US did have "better business results" and let's also assume that that is the result of worse working conditions. Why then are the workers, working in worse conditions, not benefiting from it directly? Seems like, if that were true,…
In contrast, if USA is not performing better then why are most of the digital innovations of US origin? Why do like half of the world's tech billionaires live in Silicon Valley? While Finland has maybe 1? The Scandinavian countries focus on leveling the playing field for everyone. It allows the less privileged to build a good life, but it also hinders the most ambitious ones. Whereas USA is happy to focus on the extr…
Because wealth is concentrated at the top... That's the whole problem. Society gets poorer while the ultra-wealthy continue to accumulate wealth.
> It allows the less privileged to build a good life, but it also hinders the most ambitious ones.
Good..? So your complaint is that Nordic countries try to make give everyone a good standard of living rather than creating poverty so a few more millionaires can become billionaires? That argument doesn't make any sense to me. I don't even see where you're coming from.
> We can argue endlessly whichever is better for the society, but professionals often choose the place to live based on what is best for them, not what political model some place runs on.
A lot of professionals aren't ultra-wealthy though. They're the ones working longer hours in the US for similar pay relative to most of Europe. They're being exploited harder and seeing nothing as a result except their proportionate spending power diminish further as their healthcare costs continue to outpace their wages.
Re: Why Finland leads the world in flexible work
#57Earlier quoted context omitted.
In contrast, if USA is not performing better then why are most of the digital innovations of US origin? Why do like half of the world's tech billionaires live in Silicon Valley? While Finland has maybe 1? The Scandinavian countries focus on leveling the playing field for everyone. It allows the less privileged to build a good life, but it also hinders the most ambitious ones. Whereas USA is happy to focus on the extr…
Low taxes. Edit: not anecdotal. I personally know 3 execs from Scandinavian countries who tell me this is why they moved here. Also health care. They travel back to EU for routine stuff, but when they need elective procedures or advanced treatments you just cannot get those back in the EU.
Which advanced procedures aren't available in the EU? By the way, you can find private clinics in most EU countries if you don't want to use public health providers.
Re: Why Finland leads the world in flexible work
#58Earlier quoted context omitted.
> What does cultural homogeneity have to do with it? Homogenous cultures have an easier time agreeing to all do the same thing. It’s called establishing social norms. I went to a STEM magnet high school that was about 1/3 Asian when I was there and is now 2/3 Asian. It was already known as a pressure cooker when I was a kid, and the competitiveness went way up since then. Why? Well I was one of those Asians. My dad g…
As a Finn, I really can't imagine doing an office job 16 hours a day for a sustained period of time; even the standard seven and a half is a challenge to fill with productive work every day (certainly you could idle at the office but that doesn't count as working). A single 16-hour day is doable if there's really something to do, but it would cause me to take the next day off. Doing what I do currently, constant 16 h…
Re: Why Finland leads the world in flexible work
#59Earlier quoted context omitted.
In contrast, if USA is not performing better then why are most of the digital innovations of US origin? Why do like half of the world's tech billionaires live in Silicon Valley? While Finland has maybe 1? The Scandinavian countries focus on leveling the playing field for everyone. It allows the less privileged to build a good life, but it also hinders the most ambitious ones. Whereas USA is happy to focus on the extr…
> Why do like half of the world's tech billionaires live in Silicon Valley? Because wealth is concentrated at the top... That's the whole problem. Society gets poorer while the ultra-wealthy continue to accumulate wealth. > It allows the less privileged to build a good life, but it also hinders the most ambitious ones. Good..? So your complaint is that Nordic countries try to make give everyone a good standard of liv…
That's putting words into my mouth. I'm not complaining, merely observing. You're free to want more socialism, nobody is stopping you. I'm not saying one system is better than the other, they all have their own merits.
USA attracts top talent with top salaries, these are the people who are prepared to work hard and expect to be compensated well for that. They understand it's a sacrifice and they're willing to make it. Working willingly hard for a high compensation is not what I'd describe as exploitation.
Such a person in a Nordic country is working hard yet not compensated well for it. I don't see that as a better outcome for them and neither do they - that's why they emigrate to the USA. It's hardly relevant for building their own lives that there's some poor people living elsewhere in the USA.
Re: Why Finland leads the world in flexible work
#60Earlier quoted context omitted.
The article was very specific about the culture of flexible working hours, not a general set piece about social wellness. All you need to do is set aside the notion that modern productivity equals having everyone at their desk at the same time. What does cultural homogeneity have to do with it?
> What does cultural homogeneity have to do with it? Homogenous cultures have an easier time agreeing to all do the same thing. It’s called establishing social norms. I went to a STEM magnet high school that was about 1/3 Asian when I was there and is now 2/3 Asian. It was already known as a pressure cooker when I was a kid, and the competitiveness went way up since then. Why? Well I was one of those Asians. My dad g…
https://time.com/4621185/worker-productivity-countries/
For a large population working longer gives no obvious benefit.
It might work for you and your family! But globally, for any general population, you can't squeeze out more than the 7-8 hours of productive work per day and for even some fields this is a stretch.
So, even if there is the cultural need to appear ultra dedicated, there is very little evidence of any benefits to that behaviour pattern.
Lots of cultures have their way of doing things, but if it does not make sense, cultures can change.
I don't see how a cultural homogeinity is necessary to respond to cross cultural economic facts.
But the article was not about working longer! It was about being flexible when and how you want your employees to perform the added value function you've hired them to do.
I fail to see even less how cultural homogeinity would be a major factor in this.
You are quite right of course that cultural norms affect lots of things. But I don't know why they would block employers from being flexible (flexible does not mean less demanding).