Lars Bjork says he's the first Swede to take an American company (Radnor's Qlik Technologies Inc.) public. Who knows if that's really true, but, in our recent Leadership Agenda interview, he talked about how going public affected his management style.
Bjork says he believes, generally, in open management. One component? Making company financial information readily available to employees -- the idea being that transparency breeds engagement and collaboration.
But that kind of financial transparency is not entirely possible under U.S. Securities Exchange Commission regulations:
"It’s hard to be as open about everything as part of the organization as I would like it to be, because you are under rules and regulations by the SEC," he said. "It’s a shame, personally, I would say it, but that’s the flip side of the coin of being a publicly-traded company.