Pivot Points podcast
Nordic series: culture and trust on a global stage with CEO of Scatec, Terje Pilskog
Episode 39
Episode overview
Scatec CEO Terje Pilskog explores how Nordic values like trust, transparency and long-term thinking hold up when applied to a fast-changing global renewables market. From executing complex projects across emerging economies to balancing short-term pressures with a long-term vision, he offers a grounded perspective on building a resilient, values-driven business at scale.
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You cannot do business deals only based on trust, but you can build trust to generate business, and you can build trust to be in a position to do more business over time.
Terje Pilskog CEO, Scatec
In our Nordic mini-series of Pivot Points, we’ve established that the region has its own, innate perception of how to do business, which differs from the rest of the world.
But how does Nordic leadership hold up when it’s applied at a global scale?
Scatec is the perfect example for a Nordic business that refuses to sacrifice its values, or operate in a manner that’s untrue to itself. Even if it results in short-term pain, the focus is always on the long game.
Terje Pilskog has been in the renewable energy sector for two decades, and CEO of Scatec since 2022. His is an intriguing view on what happens when the beloved business practices of the Nordics coalesce with the chaos of global instability.
It’s actually almost mind boggling how clear integrity comes out as sort of the key thing for this organization, which is spread around 20 different countries.
Terje Pilskog CEO, Scatec
You will learn:
- How Nordic leadership traits become real competitive advantages when expanded globally.
- Why Nordic economies are uniquely positioned to shape the global energy transition.
- What Nordic businesses must do to move beyond their home markets.
- How integrity and purpose can anchor company culture across territories.
- Why speed, pragmatism and “good enough” solutions often matter more than perfection.
You cannot let the “perfect” become the enemy of the good. Look for improvement, look for a journey to something which is going to get you to a better place, but don’t think that you should get to the perfect solution immediately.
Terje Pilskog CEO, Scatec
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