Currently there appears to be a widespread feeling of rising uncertainty and a lack of a shared vision for the future. During Sweden’s recent election campaign commentators repeatedly asked where the larger visions for the country had gone. Amid promises of quick fixes and tactical positioning, the question of what society we should build seemed harder to answer. Similar examples with voices calling for a new vision have also been heard in the other Nordic countries recently. The most obvious example is perhaps Finnish Sitra that explicitly describes the need for “an inspiring new promise about the future”. 

Considering the turbulent situation in the world in the last decade, it is perhaps not surprising that we find feelings of uncertainty. It is in fact something we could expect if we apply the long-term cyclical perspective of thinkers such as Neil Howe who describes how long cycles shape the characteristics of our societies and how the change from cycle to cycle typically results in crises. Viewed through the ‘wheel of seasons’ model developed by my colleagues Mats Lindgren and Jörgen Jedbratt, our current situation may represent a transition from winter to spring, during which crises will lead to new dominant paradigms. If reality were to follow the model, this should mean that we are slowly shifting towards an increased focus on long-term perspectives and finally also a rising belief in a positive future. 

Another sign of the uncertainty is the rising interest in scenario planning. This is a well-known pattern that goes back to the oil crisis of the 1970s when Shell’s scenario planning rose to fame and it is now perhaps the most familiar tool in the foresight toolbox. There is furthermore a general acceptance of scenario planning as a relevant tool for our time, but if we want to get broad participation and support for changes the map provided by the scenarios also needs to be accompanied by something more visionary.

The Nordic effect

So, if we are approaching a period of renewal maybe it is time to start thinking about how Nordic companies and other organisations could help bring this new future into being and shape it? How can we contribute to the creation of a new vision that can guide and speed up necessary changes so that we can balance sustainability and resilience, productivity and family life, and so on? Even though there exists a joint Nordic vision for 2030 that was adopted by the Nordic Council of Ministers in 2019 this is apparently not sufficient (and to be honest, how many of you have read it? I have, but that’s more or less required as part of my job). 

Maybe it is safe to say that it is time for a new Nordic vision? And maybe this time we should start the process as soon as possible ourselves in our own organisations so that we together can create small pieces of the great puzzle that would make up a new shared vision.

For boards, this means connecting the vision to investment priorities, capabilities and partnerships, and deciding how the organisation can contribute to a wider Nordic ambition.

Questions we need to answer in this process include:

  1. What future do we want to contribute to over the next ten to fifteen years?

  2. What can we influence? Which partners and capabilities will we need?

  3. What decisions do we need to make?

The last point may seem a bit obvious but as most of us know, foresight without action means nothing. There is in fact even a risk that foresight in some cases could become counterproductive and hinder necessary changes.

Decades ago, Kets de Vries and Miller described how some organisations become trapped in endless studies and analyses without taking action. Today, the abundance of foresight consultants and methods can give this tendency even more room to grow. An organisation may find itself contemplating a million possible futures, watching doors close one by one while trying to identify the perfect course of action. Foresight should help us choose a direction, prepare for different outcomes and move forward. A good analysis that leads to action is better than a perfect analysis that does not.

What's next

Let’s apply the tools from our foresight toolkits and start working! A new shared vision is needed and unless you take part in shaping it someone else will. So, let’s start small in our own organisations and launch processes to formulate our own visions and in this process also define our roles and purpose. This is often best done using collaborative methods – not just for the formulation of the vision but also to get people on board from the start because another thing that we need to remember is this. Scenarios and visions can give us a map of the future. But we still have to make the journey ourselves.

The Nordic Foresight Network is a network of foresight professionals advancing futures thinking across the Nordic region.

Sources 

  1. Mats Lindgren - Winter is Coming or Springtime with Trump, 2016

  2. Kets de Vries and Miller - The Neurotic Organization, 1984

  3. Neil Howe - The Fourth Turning: Why American 'Crisis' May Last Until 2030, 2020

  4. Monteiro and Dal Borgo - Supporting decision making with strategic foresight, 2023

  5. Nordic prime ministers - Our Vision 2030, 2019

  6. Anna Solovjew-Wartiovaara - Sitra Megatrends Report, 2026

|

Voices

Who will build the next shared vision?

Who will build the next shared vision?

·

5 min read

Credit: Johan Hammarlund

Credit: Johan Hammarlund

Currently there appears to be a widespread feeling of rising uncertainty and a lack of a shared vision for the future. During Sweden’s recent election campaign commentators repeatedly asked where the larger visions for the country had gone. Amid promises of quick fixes and tactical positioning, the question of what society we should build seemed harder to answer. Similar examples with voices calling for a new vision have also been heard in the other Nordic countries recently. The most obvious example is perhaps Finnish Sitra that explicitly describes the need for “an inspiring new promise about the future”. 

Considering the turbulent situation in the world in the last decade, it is perhaps not surprising that we find feelings of uncertainty. It is in fact something we could expect if we apply the long-term cyclical perspective of thinkers such as Neil Howe who describes how long cycles shape the characteristics of our societies and how the change from cycle to cycle typically results in crises. Viewed through the ‘wheel of seasons’ model developed by my colleagues Mats Lindgren and Jörgen Jedbratt, our current situation may represent a transition from winter to spring, during which crises will lead to new dominant paradigms. If reality were to follow the model, this should mean that we are slowly shifting towards an increased focus on long-term perspectives and finally also a rising belief in a positive future. 

Another sign of the uncertainty is the rising interest in scenario planning. This is a well-known pattern that goes back to the oil crisis of the 1970s when Shell’s scenario planning rose to fame and it is now perhaps the most familiar tool in the foresight toolbox. There is furthermore a general acceptance of scenario planning as a relevant tool for our time, but if we want to get broad participation and support for changes the map provided by the scenarios also needs to be accompanied by something more visionary.

The Nordic effect

So, if we are approaching a period of renewal maybe it is time to start thinking about how Nordic companies and other organisations could help bring this new future into being and shape it? How can we contribute to the creation of a new vision that can guide and speed up necessary changes so that we can balance sustainability and resilience, productivity and family life, and so on? Even though there exists a joint Nordic vision for 2030 that was adopted by the Nordic Council of Ministers in 2019 this is apparently not sufficient (and to be honest, how many of you have read it? I have, but that’s more or less required as part of my job). 

Maybe it is safe to say that it is time for a new Nordic vision? And maybe this time we should start the process as soon as possible ourselves in our own organisations so that we together can create small pieces of the great puzzle that would make up a new shared vision.

For boards, this means connecting the vision to investment priorities, capabilities and partnerships, and deciding how the organisation can contribute to a wider Nordic ambition.

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Questions we need to answer in this process include:

  1. What future do we want to contribute to over the next ten to fifteen years?

  2. What can we influence? Which partners and capabilities will we need?

  3. What decisions do we need to make?

The last point may seem a bit obvious but as most of us know, foresight without action means nothing. There is in fact even a risk that foresight in some cases could become counterproductive and hinder necessary changes.

Decades ago, Kets de Vries and Miller described how some organisations become trapped in endless studies and analyses without taking action. Today, the abundance of foresight consultants and methods can give this tendency even more room to grow. An organisation may find itself contemplating a million possible futures, watching doors close one by one while trying to identify the perfect course of action. Foresight should help us choose a direction, prepare for different outcomes and move forward. A good analysis that leads to action is better than a perfect analysis that does not.

What's next

Let’s apply the tools from our foresight toolkits and start working! A new shared vision is needed and unless you take part in shaping it someone else will. So, let’s start small in our own organisations and launch processes to formulate our own visions and in this process also define our roles and purpose. This is often best done using collaborative methods – not just for the formulation of the vision but also to get people on board from the start because another thing that we need to remember is this. Scenarios and visions can give us a map of the future. But we still have to make the journey ourselves.

The Nordic Foresight Network is a network of foresight professionals advancing futures thinking across the Nordic region.

Sources 

  1. Mats Lindgren - Winter is Coming or Springtime with Trump, 2016

  2. Kets de Vries and Miller - The Neurotic Organization, 1984

  3. Neil Howe - The Fourth Turning: Why American 'Crisis' May Last Until 2030, 2020

  4. Monteiro and Dal Borgo - Supporting decision making with strategic foresight, 2023

  5. Nordic prime ministers - Our Vision 2030, 2019

  6. Anna Solovjew-Wartiovaara - Sitra Megatrends Report, 2026

The Nordic Foresight Column is a monthly series by Nordic Foresight Network in which foresight professionals from the five Nordic countries examine the shifts shaping the region.

Previously in the series: The Next Nordic advantage‌ - What if talent, capital and innovation start flowing north?‌ by Minna Koskelo

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Authors

Johan Hammarlund is a Senior Consultant at Kairos Future, a leading foresight and strategy consultancy that for more than 30 years has helped organisations anticipate change, explore future opportunities, and design strategies for long-term success. Johan specialises in collaborative foresight and democratic innovations and is active in professional networks across Sweden, the Nordic region and Europe.

Johan Hammarlund is a Senior Consultant at Kairos Future, a leading foresight and strategy consultancy that for more than 30 years has helped organisations anticipate change, explore future opportunities, and design strategies for long-term success. Johan specialises in collaborative foresight and democratic innovations and is active in professional networks across Sweden, the Nordic region and Europe.

Authors

Guest columnist

Johan Hammarlund is a Senior Consultant at Kairos Future, a leading foresight and strategy consultancy that for more than 30 years has helped organisations anticipate change, explore future opportunities, and design strategies for long-term success. Johan specialises in collaborative foresight and democratic innovations and is active in professional networks across Sweden, the Nordic region and Europe.

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Leadership Moves

SRV names Jarkko Salmenoja and Marko Palonen to its executive team in a four-area reorganisation

Oct 5, 2026

SRV Group has reorganised into four business areas from 1 October 2026 and added two members to its Corporate Executive Team. Jarkko Salmenoja becomes SVP, Data Centres, and Marko Palonen, most recently YIT's regional director for Northern Finland, becomes SVP, Northern Finland at the start of 2027.

Data centres move from a unit to a business area of their own

Until now, Data Centres sat inside the Business Premises, Helsinki Metropolitan Area business area. It now runs as a separate business area responsible for nationwide development, customer relationships and project delivery. Salmenoja has worked at SRV since August 2025 and previously held senior management roles at NCC, WSP Finland and YIT.

The pipeline explains the promotion. In March, SRV agreed to build a data centre in Lahti for Singapore-based DayOne, a contract expected to lift the order backlog by about 35% from the level in the fourth-quarter 2025 report. In December 2025, it started the EUR 54 million implementation phase of the LUMI AI Factory data centre in Kajaani with CSC. First-quarter 2026 order intake reached EUR 395.4 million, the highest of the decade, with DayOne named as a driver.

“Alongside our already strong contracting business, we seek growth in data centre construction, whose exceptionally large and rapidly growing market we have highlighted previously,” says Saku Sipola, President and CEO of SRV, in the press release.

Three regions now carry both residential and non-residential work, with an outside hire for the north

The Southern Finland, Western and Central Finland, and Northern Finland business areas are each responsible for both non-residential and residential construction in their markets. Jouni Forsman leads Southern Finland and Tero Karislahti leads Western and Central Finland. 

Palonen is the external addition. He served for an extended period as YIT's regional director for Northern Finland and before that at Lemminkäinen. Project development, leasing and transactions for non-residential work are combined into one unit under Jorma Seppä, while the roughly 100-person Building Services unit moves to Internal Services.

“Geographically, we are strengthening our local presence across Finland and seeking growth beyond our current operating areas in Northern Finland, on the West Coast and in the Uusimaa region in both contracting and residential construction,” says Sipola.

The new structure has to deliver nearly all of SRV's 2026 profit in the second half

SRV broke even at the operative level in the first half, on revenue of EUR 340.2 million. The company guides 2026 revenue above EUR 800 million and operative operating profit of EUR 10 to 20 million, backed by an order backlog of EUR 1,023.9 million at the end of June. That leaves at least EUR 460 million of revenue and the full profit target for the second half, the period the new business areas start in.

Salmenoja takes over a business area with two named projects already in delivery, in Lahti and Kajaani, and Palonen arrives in January to build a region SRV wants to grow. The full-year results in early 2027 will be the first test of whether four business areas change SRV's profit, not just its reporting lines. 

Leadership Moves

Elecster keeps leadership inside the board as Juuso Halonen becomes CEO

Oct 2, 2026

Elecster's board has named Deputy CEO Juuso Halonen as chief executive from 1 December 2026. Arto Kinnunen, CEO since 2017 and with the group for more than 30 years, leaves the role on 30 November and stays on as management advisor. On the same day, CFO Veronika Halonen becomes deputy CEO, eleven months after taking the finance role.

The March deputy appointment was the succession plan

On 5 March, Elecster appointed Halonen deputy CEO and a member of the management team from 30 March, reporting to Kinnunen. The stated remit was global sales and marketing and the development of management systems. Seven months later, the board has confirmed what that move signalled.

Halonen is an insider in every sense. He joined the group in 2011, has been CIO since 2019 and has sat on the board since 2024. At the time of the March appointment he held 32,705 Elecster shares. The company says Kinnunen's advisory role is meant to secure continuity through the year-end financial statement process, which places the first results under the new CEO in early 2027.

“Juuso knows Elecster, its business, personnel and international operating environment very well. The Board believes that his long experience with the company and the close work with Arto in recent months create a strong foundation for transferring the CEO's responsibility and further developing Elecster's operations,” says Jukka Halonen, Chairman of the Board, in the press release.

“I am pleased that the change of CEO can be implemented in a planned and controlled manner. I have worked closely with Juuso, and I can confidently transfer the responsibility of CEO to him,” says Arto Kinnunen.

He inherits a company whose order book has halved since March

The numbers Halonen takes over are thin. First-half 2026 revenue fell around 5.2% to EUR 15.8 million, and operating profit dropped to EUR 0.1 million from EUR 0.5 million a year earlier. The order backlog stood at EUR 4.8 million at the end of June, down from EUR 8.6 million at the end of March, as the Middle East conflict delayed customer investment decisions. A fire at the Kenyan subsidiary in Nairobi added around EUR 0.4 million in one-off costs.

The longer trend points the same way. Full-year 2025 revenue fell around 3.6% to EUR 32.7 million, and operating margin narrowed to 3.0% from 4.7%. The April AGM approved no dividend. The Russian packaging business, which the company says it will keep running for now, is the risk it flags most directly in the H1 report. Elecster still guides for revenue growth and improved earnings per share in 2026.

Halonen's own priorities match the gap. He names international sales and marketing, the service business and presence in core markets as the areas to develop, while keeping profitability as a cornerstone.

“Reliability, customer focus and profitability remain the cornerstones of our operations. At the same time, we must develop international sales and marketing, service business, our products and operating methods, and strengthen our presence and customer cooperation in our key market areas,” says Juuso Halonen in the press release.

Halonen family will hold both top executive roles and four of six board seats

The appointment concentrates leadership further. The board elected at the April 2026 AGM has six members: Aija Bärlund, Jarmo Halonen, Jukka Halonen as chair, Juuso Halonen, Veronika Halonen and Timo Kangas. From December, the CEO and deputy CEO will both come from that board.

“With her analytical and dynamic approach, Veronika Halonen has taken on the responsibilities of her current position well, and with this appointment as Deputy CEO, we are clarifying the Group's overall management structure,” says Jukka Halonen.

For a company of Elecster's size, an internal successor with seven months of supervised handover is a defensible choice. It also means the board chose continuity over an external search at a point when the business needs commercial renewal. Whether that trade pays off will show first in the order book, not in the governance chart.

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