In this interview with Partner, Flemming Riber, we discuss the global forces affecting the Danish markets, the influence on leadership, and how in-house board level experience allows for stronger client partnerships.
With over 20 years’ worth of executive search experience, Flemming is a Partner in our Copenhagen office where he specialises in industry, transport & logistics, services and digital solutions.
As part of our ‘Leading Through Uncertainty’ series, we spotlight the heads of office from our global network of 60 offices across 33 countries. Their exceptional experience and connection offer invaluable insight into the current leadership and talent environment, along with the interplay of challenges at both regional and international levels.
Who Are The Types Of Clients Or Organisations You Engage With Most Often?
We work primarily with owners, boards and CEOs of mid to largesized industrial and private equity-backed companies in Denmark.
Our team includes 10 partners and 22 employees. Together, we focus on the sectors that matter most to the Danish business landscape, including the energy sector, particularly wind, the broader industrial market and specialised engineering.
There’s also a strong technology agenda in this region, with a lot of momentum around AI and digital transformation. And, of course, life sciences continues to be a major part of the Danish economy, with companies like Novo Nordisk and others shaping the sector.
What Forces Are Creating The Most Uncertainty In Denmark Right Now?
Right now in Denmark, we’re in a pretty unique situation. We have a very low unemployment rate, and the economy is still growing at around 2.3%, which is strong compared to many of the countries around us. So overall, the business climate is healthy.
That said, the uncertain geopolitical environment with the increased tariffs on EU goods are creating real pressure, and ongoing legal disputes add another layer of unpredictability.
We’re also seeing some uncertainty coming out of the recent COP discussions, including those in Brazil. It feels like the global agenda isn’t fully recognising some of the areas where Denmark excels, especially the green transition, energy solutions and wind power. That lack of alignment can create hesitation in the market.
The speed and scale of AI adoption in Denmark is creating its own kind of uncertainty for both employees and organisations. People are excited, but they’re also unsure about what it means for their roles, structures and longterm strategies.
How Are These Forces Changing What Boards And Organisations Expect From Leaders?
I think we’re seeing this show up in a few different ways. For example, boards are now bringing in new roles and competencies to cover areas they don’t yet fully understand, including AI and risk.
In some cases, that means recruiting people from outside Denmark who have a broader global perspective. It’s all about strengthening the board’s overall understanding.
With the pace of technological change, companies are also working hard internally to understand how these developments actually impact their business. So from a competency standpoint, they’re essentially gearing up by expanding skill sets and bringing in the right expertise.
And that is how they’re tackling uncertainty: by building stronger capabilities, improving risk mitigation, and maintaining a sharp focus on cash and control. Those themes have been around for quite a while now, so I wouldn’t say there’s been a dramatic shift, but more an ongoing strengthening of active practices already in motion.
Where Are You Seeing Leadership Talent Emerge In Your Region Today?
To understand Danish leadership, you need to recognise how deeply rooted the matrix organisation is here. We strongly believe in shared leadership structures, so it’s very common to have ‘twoinabox’ leadership consisting of a direct leader and an indirect leader.
This model has worked well for us and I think it will continue to grow in this region. But it is under some pressure right now because uncertainty makes people more sensitive to clarity. Employees are asking: Who is my leader? Who is communicating with me? Where do my instructions actually come from?
In times of uncertainty, clear communication becomes even more critical. And if people receive guidance from two different leaders, without alignment, they can end up feeling isolated.
How Does Your Office Act As The Trusted Advisor For Clients Navigating Uncertainty?
We’re having more oneonone conversations with Chairs and nonexecutive directors, and we’re running more workshops here at Odgers. We invite C-suite leaders and board members to come together, share their challenges and talk openly about what’s working for them; essentially exchanging ‘recipes’ for leading through uncertainty in the years ahead.
Creating that kind of open dialogue helps us show a way forward and offer practical solutions. We’re also making more use of the excellent global insights coming from the wider Odgers network and bringing those into the Danish market. That allows us to present clients with concrete approaches on how to navigate specific issues.
My fellow Partners and Consultants here all have C-suite experience, which creates a further level of trust with our clients and makes them feel they have a relatable partner.
Looking Ahead, What Will Define Successful Leadership In Denmark?
I think the key is flexibility and the ability to stay open, absorb new situations and adapt quickly. When you can do that, you spend less time caught up in internal problems and more time focused on external developments and client needs.
For us, it’s about following the client. You need to spend the majority of your time with them, understanding where they’re heading, and then organise yourself accordingly.
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