Business Transformation

CEO Chat With Hans Vestberg, Ericsson

I was pleasantly surprised when Ericsson recently agreed to let me interview its CEO, Hans Vestberg. Traditionally, mega-companies like Ericsson (or Cisco) have kept me and Light Reading away (far, far away) from their exalted leaders, but we've had significant success this year in connecting with, well, just about everyone.

There are a couple of reasons for that: one is that LR (and its founder) have grown up a bit in the last few years; but, also, what we cover (next-gen comms) has grown in importance - not just to the industry, but to the future of the world.

And that was very much the theme of my chat with Hans, who was recently named to the United Nations Foundation's Board of Directors, with a remit to support the UN in helping improve health, increase prosperity, empower women (and girls), and address climate change.

Ericsson's Hans Vestberg: An advocate of Technology for Good
Ericsson's Hans Vestberg: An advocate of Technology for Good

It was refreshing, and inspirational, to hear the CEO of one of the world's leading communications companies talking so eloquently about using next-generation comms tech as an enabler of Quality of Life (QoL) for the global, networked society -- not just Quality of Service (QoS) for mobile subscribers.

The communications industry, and the world, needs more leaders like Hans.

Of course, it wouldn't be a Light Reading interview if I hadn't also taken the opportunity to ask him about some knotty business and technology issues surrounding things like virtualization, IoT and the margin on Ericsson's professional services business.

I hope you enjoy this interview as much as I enjoyed conducting it. And kudos to Ericsson's marketing folk for opening the door…

Click through to see what Hans said about Technology for Good, the roadmap for virtualization and much more.

Page 2: The Networked Society

Page 3: Technology for Good

Page 4: IoT, and other verticals

Page 5: Virtualization and transformation

— Stephen Saunders, Founder & CEO, Light Reading

Next page: The Networked Society

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miha123 8/6/2015 | 8:56:59 PM
Do good is essential for business success Quote

" I want to earn money as well. When I took over the company with my leadership team, it was 139 years old. So we have a huge responsibility to see that this company continues."

Hans Vestberg sees that maintaining standards of ethicsn and do good,  is bound to give results long term in terms of prosperity.

This reminds me of the Maimonides.  He became the Nagid (president) of the jews in Fostat, Egypt,  in the 12th century. If we replace the word "Law" with Management, you will  see the connection 
  1. He stated what the law was, whether he thought it had to be applied in the specific case or not
  2. He did not adhere to the law when it conflicted with science and reason
  3. He did not recommend that the law be applied when conditions required flexibility
  4. He was willing to give leeway when the law was honored in the breach
  5. He attached great importance to local custom even though it undermined the unity of legal practice
  6. He acted with compassion and did not press the full extent of the law
  7. His rulings often elevated the status on women

I wish many business leaders in US will think like Mr. Vestberg. He brings a breath of fresh air, coming froma long tradition of business success.
Susan Fourtané 8/6/2015 | 10:37:36 AM
Superb interview Superb interview, Steve, intereasting and insightful. Hans is, indeed, an inspirational CEO. -Susan
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