Hi everybody and welcome to the podcast in Good Company. Now, when I started in finance 30 years ago,

one of the first companies I met was Atlas Copco in Stockholm. And wow, what a company. I've been

followed them closely ever since and they just never seem to stop surprising on the positive side.

And one of the things that it's driving this is the unique corporaculture, the way they

basically produce some of the best CEOs in the world.

And today we are really lucky because we have Mutz Ramstrom joining us, who is now stepping

down as a CEO.

So now that he is no longer the CEO, he can tell us all about it.

Very welcome, Mutz.

Thank you so much.

Just want to kick off first. How would you describe the corporate culture at Atlas?

I think it's a competitive edge for the company.

It's not so tangible what it's all about,

but we are trying really to set high standards for ourselves.

Not so difficult, really,

but we're talking about respect for people, showing up on time,

prepared, take ownership. And we had this new excuses culture where you actually need to deliver.

So the decentralized, we are recognized for that. We give a lot of freedom to people, but we also give

them a lot of accountability for to get the job done. And to build that culture, you need to trust

people. And we normally say that the one that is closest to the problem or the opportunity

is also closest to the solution.

So we work a lot on that to make sure that we don't need to escalate a lot in the organization.

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