Ali Rana, agile and strategy expert at PA Consulting, is quoted in Dagens Næringsliv (DN) discussing why only three of Norway's 50 largest companies have Norwegians with multicultural backgrounds in executive management and leadership positions.
Ali says: “The business community is missing out on so much leadership talent. We knew there were few. But the proportion of executives with minority backgrounds in large Norwegian management groups is below one percent - it surprised us very much.”
PA Consulting based its research on DN's list of Norway's largest companies and mapped the composition of management based on the companies' websites and available annual reports as of 29 May 2019.
Of a total of 422 members of the management groups, only nine are from non-Western backgrounds. And they’re spread across just six companies: Telenor, Yara, Total EP, Gjensidige, Aker Solutions and Nordea Liv & Pensjon.
Further, only three of these nine leaders are Norwegian with a multicultural background: Executive Vice President Pablo Barrera in Yara, Executive Vice President Aysegul Cin in Gjensidige and Digital Director Phu Le Duong in Nordea Life & Pension.
Ali says: “I have been in many leadership groups in the Nordic countries for the last 10-15 years but have hardly ever met anyone with my type of background. It is sad. A more diverse management team thinks differently and wider.”
As a strategy consultant, he advises top executives and management teams throughout Northern Europe. Rana was born in Norway, but his parents emigrated from Pakistan, and he believes Norwegian businesses are missing out on many leadership talents by not recruiting from the entire population.
Ali says: “Companies with diversity in the management team also have a competitive advantage in today's international market. The job starts in the boardroom and in the top management. If they do not have the right strategy for diversity, it will not propagate further down the hierarchy.”
Read the full article in Dagens Næringsliv