Nordicum - Real Estate Annual Finland 2010 | Page 15

P Magnetic North A new strategy is needed to lure foreign investments, professionals and students into the country. The new Aalto University could serve as catalyst for this process: “Finland could target hi-tech companies who could rally around the Aalto University,” Kilpinen says, picturing a Silicon Valley type of a international setting. But why should cutting-edge companies flock to Finland when there are plenty of other equally tempting alternatives out there? Kilpinen answers that a new kind of family-orientation and the pull of a happier, healthier lifestyle could well attract young talent to the North. “There is quality of life and sheer wellbeing in the Nordic countries that you will not find anywhere else,” he claims. There’s time for family and friends and safe environment is a big plus: “An American friend of mine says that he knows of no other country where you can send your kid off to school by bus and not worry about it.” According to a recent British study, Finland is the world’s most prosperous nation when one takes full stock of such factors as health, freedom, security and political governance – in addition to plain wealth. Similar news have become commonplace in Finland, which is not say that the Finns are not tickled pink every time they do well in the rankings. Kilpinen, however, sees a slight problem with this mentality: “Very often in history, yearning for outside recognition is a sign of a developing nation.” Growing Pains Still, Kilpinen acknowledges that Finns are keen on such merits since the country is both small and young, still trying to figure out its rightful place in the world. The good news is that Finns are not too hung up on their own history like some older nations. Hav- THE PRODUCT: Turun Sinappi ustard can be very patriotic. Case in point: the venerable Turun Sinappi – Turku mustard – with its iconic castle logo and memorable commercials became a part of the Finnish culture over the years. Launched in Turku in 1948, the “national” mustard was originally manufactured by Finnish Jalostaja. However, as Turun Sinappi was snatched off by global giant Unilever the decision was eventually made to shift production to Sweden in 2003. s Finns, however, would not take this lying down. A Pro Mustard movement rose ose and gained momentum rather quickly – largeargely thanks to the media savvy of Visa Nurmi, a recently deceased marketing man. Nurmi and his cohorts nd could not stop Turun Sinappi from exiting the country but the movement did help kick-off a strong rival. Aura Sinappi – Aura being the river which runs through Turku – became an instant hit product. Aura Sinappi is made in Turku by a family company. Turun Sinappi, on the other hand, did not stay in Sweden for very long and is now manufactured in Poland. b M ing worked in Paris for three years, Kilpinen knows that the French are sometimes so impressed by the past that they forget tomorrow. He adds that the French ways of working also constituted to a full-blown culture shock: “There was no quick, clear decisionmaking process at all,” Kilpinen reminisces. Nevertheless, Kilpinen claims that he “fell in love” with the country and its culture and would like to see such passion for, say, literature, in Finland as well. Another country that Kilpinen is quite familiar with is the United States. In fact, Kilpinen became the new Chairman of the Board for The American Chamber of Commerce in Finland in March and is clearly excited about the challenge. Talking about nation brands, Kilpinen feels that America has made a strong comeback under the new leadership: “If the Bushes were the worst thing to happen to American foreign policy in a long while, Obama is the best thing.” Slave to the Grind Kilpinen observes that the US has the same unattractive feature that France has: the working days are grueling and there’s very little time left for family. Again, this father of five returns to his original point about Finland being a regular Shangri-La for families. In Finland, he would still like to see a bolder mentality where there would be less looking for approval from others. He talks about a “teacher’s pet syndrome”. “Our own way is the best way. We should not go around trying to adopt models from other countries.” Kilpinen notes that the Finnish identity is often based on comparison: “the Japan of the North” or “Poor man’s America”. This approach does not bode well in the brandbuilding business, he says. Nail the Narrative Kilpinen feels that a key part of the challenge for Ollila’s team is to get the stories out, the real-life stories of the land and its people. The stories