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Events

Why No One Talks About the Innovation Crisis in the Boardroom

At Arendalsuka 2025, 21st hosted a powerful conversation about one of the most under-examined obstacles to innovation in Norway: the boardroom. In a country known for its stability and resource-based economy, what happens when we need fast, strategic, market-driven innovation — and our governance structures aren't built for it?

Watch the full session below, and hear from founders, owners, researchers and board members on:

  • Why the traditional role of the board is becoming a bottleneck for innovation
  • What needs to change in how we build, recruit and use boards — especially in SMBs
  • How we can learn from Sweden (and our own failures) to improve our competitive edge

Watch the full recording:

Soundbites worth listening for:

  • “It doesn’t help to build something brilliant if you can’t sell it.” — Nikolai Fasting
  • “The board spends 95% of its time looking backwards.” — Inger Stensaker
  • “Comfort zones are the boardroom’s most dangerous blind spots.” — Henriette Thomsen
  • “Only 0.2% of Norwegian companies have offices abroad.” — Jon Böhmer

Panelists:

  • Nikolai Fasting — Founder & CEO, 21st
  • Inger G. Stensaker — Professor of Strategic Change, NHH
  • Jon Böhmer — Inventor and entrepreneur
  • Henriette Thomsen — Co-owner and board member, Thomsen Gruppen
  • Moderator: Sigurd J. Vik, Coupler

Want to talk to us about the boardroom as an innovation tool?

Get in touch with Nikolai Fasting at [email protected] or via his LinkedIn profile.