Department of Informatics and Media Impacts of Strategic Communication

Total Page:16

File Type:pdf, Size:1020Kb

Department of Informatics and Media Impacts of Strategic Communication Department of Informatics and Media Master Program in Social Sciences, specialization in Digital Media and Society Two-Year Master’s Thesis Impacts of strategic communication practices on local-level employees Heimstaden Flogsta: a case study. September 2019 Student: Alberto Sobejano Supervisor: Daniel Lövgren 2 Abstract Over the last three years, Heimstaden, a real-estate company based in Sweden, has gone through a complex process of redefinition of its identity, defining values and principles. This process is especially delicate in one of the neighborhoods managed by the company, Flogsta, where Heimstaden owns and administrates 2014 student apartments. In the context of this identity definition process, this study analyzes the communication strategies and the organizational identity transmission practices within the company, focusing on the local-level employees’ understanding and experience of Heimstaden’s identity and strategies. From a theoretical standpoint, the research parts from Hallahan, Holtzhausen, van Ruler, Verčič and Sriramesh´s (2007) initial ideas on strategic communication, and implements van Ruler´s (2018) approach to the role that communication plays within strategic communication, as well as to the dichotomy between one-way vs two-way strategies of communication. The analysis also incorporates Schinoff, Corley and Roger’s (2016) views of organizational identity. The research consists of 6 semi-structured interviews with Heimstaden employees. In addition to that, participant observations were also carried out daily over a period of 5 months, due to my position as a Heimstaden employee stationed in Uppsala. The findings of the study reveal that many of the one-way communication strategies currently in use within Heimstaden, are failing at making the local-level employees aware and participant of the company’s identity and changes. Consequently, this study identifies great differences in the way that local-level employees relate to the company’s new identity and principles with respect to the way in which top-level employees do. These differences, in turn, generate that the company’s identity and new way of doing things is not projected properly towards the clients, generating, arguably, reputational problems for Heimstaden in the studied area. Keywords: Strategic communication, organizational identity, local-level employees, bottom- up studies. 3 Acknowledgements I would like to thank all my co-workers at Heimstaden not only for participating in this study, but also for being always there for me, helping whenever I´ve needed something from them. I also want to thank my managers, starting with Johan Sandberg, who has always given me total freedom and all the facilities to combine this study with my full-time job, as well as María Petersson and Karmen Mandic for finding a space in their busy schedules to receive me and provide me with all the information required to carry out this study. Without the help of all my colleagues, this study would not have been possible. I would also like to thank my supervisor Daniel Lövgren for his assistance, as well as all the professors with whom I have had the pleasure to share class during this master’s degree. It has been a privilege. Last, I would like to thank my girlfriend, family and friends, who have encouraged me to keep giving my best during these tough months of work and study, even when my mood hasn't been the best. Your patience with me is priceless, and the merit of this study belongs to all of you. 4 Table of Contents Abstract……………………………………………………………………………………….3 Acknowledgments……………………………………………………………………….…...4 Table of Contents…………………………………………………………...………………..5 Table of Figures…………………………………………………………...………………….8 1. Introduction………………………………...……………………..……………………….9 1.1 Research Questions…….………………………………………………………………..12 1.2. Relevance and contribution to the field…………………………………………………13 2. Background……...………………………………………………………………………..15 2.1 Introduction to Heimstaden………………………………………………………15 2.2 Heimstaden’s communications…………………….…………………………….17 2.3 Heimstaden as a changing company……………………………………………..18 2.3.1 Heimstaden’s formal identity…………………………………………..19 2.4 Difficulties in the studied area…………………………………………………...20 3. Previous Research………………………………………………………………………..23 3.1 Strategic communication studies…….………………………………….………..23 3.1.1 Managerial perspective………..………………………………………..24 3.1.2 Employee’s perspective………………………………………………...26 3.2 Strategic communication and organizational identity studies……….…………...30 3.3 The research gap………………………………………………………………….31 4. Theoretical Framework……………………………………………………………….…33 4.1 The concept of strategic communication………….……………………………...33 4.2 Communication: One-way or Two-way model…………………………………..34 4.3 Strategy: managerial perspective vs alternative approaches……………………..36 5 4.4 Organizational Identity…………………………………………………………...37 4.4.1 The saying……………………………………………………………...38 4.4.2 The showing……………………………………………………………39 4.4.3 The staging……………………………………………………………..40 4.5 Summary…………………………………………………………………………41 5. Methodology……………………………………………………………………………...42 5.1 Operationalization of the purpose………………………………………………..42 5.2 The abductive approach………………………………………………………….42 5.3 The ethnographic research……………………………………………………….43 5.3.1 Participant observation…………………………………………………44 5.3.1.1 Time on the field and data gathering…………………………45 5.3.2 In-depth interviews……………………………………………………..46 5.3.3 Document analysis: The intranet……………………………………….50 5.4 Data analysis and coding………….……………………………………………...51 5.5 Limitations……………………………………………………………………….53 5.6 Research as an employee…………………………………………………………55 5.6.1 Challenges……………………………………………………………...55 5.6.2 Benefits…………………………………………………………………56 5.7 Ethics……………………………………………………………………………..57 6. Presentation and analysis of results………………………………………………....….59 6.1 An identified problem: communication………………………………………….59 6.1.1 One-way or two-way model?..................................................................61 6.1.2 Heimstadens Intranät…………………………………………………...64 6.1.3 Being left alone………………………………………………………...67 6 6.2 Heimstaden’s organizational identity. One company, different identities……….69 6.2.1 Feeling disenchanted..…….……………………………………………69 6.2.2 Saying, showing and staging…………………………………………...71 6.2.3 Old Heimstaden vs new Heimstaden, a changing identity……………..72 6.2.4 Awareness is key……………………………………………………….74 6.2.5 Awareness and reputation……………………………………………...78 6.2.6 To be perceived as one…………………………………………………80 6.2.7 Communicate the possibilities…………………………………………82 7. Concluding discussion…………………………………………………………...….……86 References………...…………………………………………………………………………89 Appendix…………………………………………………………………………………….94 I. Appendix 1. Invitation emails for the participation in the interviews……………..94 II. Appendix 2. Interview guide for managers…………………………………….....96 III. Appendix 3. Interview guide for local-level managers…………………………102 IV. Appendix 4. Interview guide for local-level employees………………………..104 V. Appendix 5. Customer Satisfaction Index (N.K.I.) 2019.……………………….105 7 Table of figures Figure 1. Organigram of all the employees of Heimstaden Uppsala………….…………16 Figure 2. Characteristics of the one-way and two-way models of strategic communication……………………………………………………………………………...35 Figure 3. The employees selected for the interview process, classified with respect to their position within the company…………………………………………………………48 8 1) Introduction Over the last 3 years, Heimstaden, a real estate company based in Sweden has gone through a complex process of redefinition of its brand, values and principles. During this time, the company entered a strategic communication process, aimed at implementing the company's communication tools and channels to carry information on the company's new identity from the headquarters, towards the different local offices from the cities in which the company is present. The main reason why Heimstaden has entered this redefinition process, is to establish a strong, unified corporate brand capable of speaking for itself and of making current and potential customers aware of the way in which things are done and prioritized within the company. This is, a brand culture that is identifiable by its values and principles, and by always placing the customer in the spotlight (Heimstaden, 2019). Brand and identity redefinition processes like the one that Heimstaden is going through are not simple, and in the majority of cases they are not uniform either. For Heimstaden, each of the 26 cities in which the company owns and administrates properties are different. The local- level employees from each city have their own way of understanding and doing things, their own routines, directives and action protocols. Due to this, although Heimstaden intends to unify all its cities under the same brand identity and values, the aforementioned redefinition process is not being received uniformly in the 26 cities. One of these 26 cities, and the one this study is going to focus on, is Uppsala. Uppsala represents one of the most important assets for Heimstaden when it comes to student accommodations, due to the 2014 student rooms and apartments that the company administrates in an area called Flogsta. This location also represents one of the biggest challenges for the company within the above-mentioned redefinition process, as it is a neighborhood where the reputation of the company has been facing difficulties over the last few years. Additionally, the customer-company relationship, although better than in the past, is still challenging
Recommended publications
  • New Horizons Magazine from Uppsala University • Issue 1
    NEW HORIZONS MAGAZINE FROM UPPSALA UNIVERSITY • ISSUE 1. 2014 theme: E-SCIENCE FROM THE CONTENT: MILLIONS OF IMAGES OF CANCER Page 10 GAME DESIGN IN RAPID DEVELOPMENT Page 26 HANS ROSLING REDRAWS THE MAP Page 36 1 NEW HORIZONS ISSUE 1. 2014 IN THIS ISSUE: THEME: E-SCIENCE 4 Large amounts of data require new tools 8 Computers calculate how the glaciers move 9 Language is difficult för Google’s computers 10 Millions of images of cancer New tools for large amounts of data . 4 He wants to redraw the map. 36 Resources for research 12 Genetic risk More and more information is stored Meet honorary doctor Hans Rosling, who wants AN INCREASINGLY IMPORTANT FACTOR for successful research and inn- 13 In focus: School on a downward slope digitally and is available to many. to show us our new world ovation, is the access to well-functioning research infrastructure. The research becomes more complex and dependent on different types of resources. Some 16 Positive trend for world peace of these are available at Uppsala University, others we gain access to through 20 Researcher profile: Erik Ingelssons driving force national and international collaborations. This ranges from major facilities to databases, libraries, biobanks, laboratories and data storage resources. 24 The shoal of fish is the model in studies of democracy Long-term planning and intelligent funding strategies are required in order for the research infrastructure to maintain a high level of quality. In recent 26 Report: Game design in Visby years, opportunities for external funding have declined. This means that a gre- 30 Student Kajsa Asplund: ”Psychologists are needed” ater financial responsibility for local infrastructure lies with the actual insti- tutions of higher education.
    [Show full text]
  • 804 Buss Tidsschema & Linje Rutt Karta
    804 buss tidsschema & linje karta 804 Enköping Lasarettet - Uppsala Depå Fyrislund Visa I Websida Läge 804 buss linjen (Enköping Lasarettet - Uppsala Depå Fyrislund) har 6 rutter. Under vanliga veckodagar är deras driftstimmar: (1) Enköping Lasarettet: 04:43 - 22:01 (2) Enköping Station: 04:18 (3) Gustav Adolfs Plan: 00:20 - 23:01 (4) Uppsala Centralstationen: 15:53 (5) Uppsala Centralstationen: 00:30 - 23:30 (6) Uppsala Depå Fyrislund: 04:18 - 22:40 Använd Moovit appen för att hitta den närmsta 804 buss stationen nära dig och få reda på när nästa 804 buss ankommer. Riktning: Enköping Lasarettet 804 buss Tidsschema 64 stopp Enköping Lasarettet Rutt Tidtabell: VISA LINJE SCHEMA måndag 04:43 - 22:01 tisdag 04:43 - 22:01 Uppsala Depå Fyrislund onsdag 04:43 - 22:01 Uppsala Business Park Norra torsdag 04:43 - 22:01 Uppsala Business Park Östra fredag 04:43 - 22:01 Rapsgatan 17, Uppsala lördag 05:08 - 22:31 Uppsala Business Park Västra söndag 05:08 - 22:31 Uppsala Möllersvärdsgatan Rapsgatan, Uppsala Uppsala Bolandsgatan 804 buss Info Uppsala Stålgatan Södra Riktning: Enköping Lasarettet Kungsängsvägen 31B, Uppsala Stopps: 64 Reslängd: 83 min Uppsala Kungsängsesplanaden Linje summering: Uppsala Depå Fyrislund, Uppsala Kungsgatan 70A, Uppsala Business Park Norra, Uppsala Business Park Östra, Uppsala Business Park Västra, Uppsala Uppsala Samariterhemmet Möllersvärdsgatan, Uppsala Bolandsgatan, Uppsala Kungsgatan 81, Uppsala Stålgatan Södra, Uppsala Kungsängsesplanaden, Uppsala Samariterhemmet, Uppsala Uppsala Centralstationen Centralstationen, Uppsala Klostergatan, Uppsala Bäverns Gränd 17B, Uppsala Skolgatan, Uppsala Ekonomikum, Uppsala Rickomberga, Uppsala Flogsta Centrum, Uppsala Uppsala Klostergatan Stenhagen, Kvarnbolund, Nåsten, Kristineberg, Kungsgatan 28, Uppsala Skärfälten, Sätra, Navestahage, Lugnet (Rv 55), Rosendal, Lund, Ramstalund, Ramsta Kyrka, Bragby, Uppsala Skolgatan Västergärde, Brunna V.
    [Show full text]
  • Sustainability Report 2019
    2019 Enriching and simplifying life through Friendly Homes HEIMSTADEN BOSTAD ANNUAL REPORT WITH SUSTAINABILITY REPORT Contents OUR BUSINESS 1 Our journey of growth 2 A comment from our CEO • 5 Significant events in 2019 6 Our vision and the path ahead 8 Values we generate 10 Our strategy 12 Our business model 13 Our core values 14 Heimstaden as an investment 15 Earning capacity • 16 Importance of partnerships 18 OUR MARKET 20 Heimstaden’s market 26 Regulated and unregulated market 28 Geographic distribution 32 Sweden 34 Denmark Administration Report and Financial information Heimstaden Bostad’s Annual Report is published in Swedish and English. The Swedish version is the original and has 36 Norway been audited by Heimstaden’s auditor. The annual accounts for the 2019 financial year 38 Germany and the Administration Report are presented on pages 5, 16 –17, 44 – 54, 74– 85 and 96–137 of this document. The Audit Report is also presented on pages 138–140. 40 Netherlands Other external review The Auditor has reviewed the Corporate Governance Report on pages 86–93, in accordance with FAR’s auditing standard RevU 16 The auditor’s 42 HOW WE WORK examination of the corporate governance statement. The Auditor has reviewed the • 44 Analysis and transaction Sustainability Report on pages 144–159, in accordance with FAR’s recommendation RevR 12 Auditor’s opinion regarding the statutory Sustainability Report. • 46 Project and property development Report inspired by GRI Standards Heimstaden Bostad’s Sustainability Report has • 50 Property management been inspired by the GRI guidelines and selected areas of sustainability have been reported in accordance with the GRI Standards’ appli- SUSTAINABILITY cation level Core.
    [Show full text]
  • CEMUS-CSD Annual Report 2016
    CEMUS/CSD Annual Report 2016 Research, Education and Outreach - 1 - Contents Introduction 3 Research – Forskning och forskarutbildning 4 Zennström Visting Professorship in Climate Change Leadership 4 CEMUS Research School, CEFO 5 Research networks, guests and activities 6 Education – Utbildning på grundläggande och avancerad nivå 9 Students and courses 9 Pedagogical development 12 Internationalization 12 Outreach – Samverkan 13 CEMUS Forum 13 RCE Uppsala-Gotland 15 Joint University Projects – Universitetsgemensamma projekt 16 Active Student Participation 16 Global Citizenship, Matariki Network 16 Massive Open Online Course in Climate Change Leadership 17 Kollaboratoriet Uppsala, Live Baltic Campus 17 - 2 - INTRODUCTION 2016 was a tumultuous year that challenged how we perceive the world, with Great Britain voting to leave the EU, and the US seeing a candidate with no previous political experience winning the presidential election. In the background to these much covered news stories, the Syrian war continued and an increasing amount of people around the world are forced to leave their homes. Records in temperature and moisture globally, and minimum lows for the Arctic and Antarctic ice-cover, showed the world that human-induced climate change is not slowing down. The need for universities and places like CEMUS in the world is even greater now than it was at the start of 2016 when we wrote our last report. It befits us to be the critical voices that ask the difficult questions and challenge demands to make universities into political tools for a certain agenda. We must question post-factual, alternative facts claims, but still not remain on an intellectual pedestal, where the educated are pitted against the non-educated masses.
    [Show full text]
  • Enriching and Simplifying Life Through Friendly Homes
    2019 Enriching and simplifying life through Friendly Homes HEIMSTADEN ANNUAL REPORT WITH SUSTAINABILITY REPORT Contents OUR BUSINESS 1 Heimstaden’s journey of growth 2 A comment from our CEO • 5 Significant events in 2019 6 Our vision and the path ahead 8 Values we generate 10 Our strategy 11 Our business model 13 Our core values 14 Heimstaden as an investment 15 Earning capacity • 16 Importance of partnerships 18 OUR MARKET 20 Heimstaden’s market 26 Regulated and unregulated market 28 Geographic distribution 32 Sweden 34 Denmark Administration Report and Financial information Heimstaden AB’s Annual Report is published in Swedish and English. The Swedish version is the original and has been 36 Norway audited by Heimstaden’s auditor. The annual and consolidated accounts for the 2019 38 Germany financial year and the Administration Report are presented on pages 5, 16–17 and 44–55, 74–87 of this document. The financial information is presented on pages 40 Netherlands 98–141 of this document. The Audit Report is also presented on pages 142–144. Other external review The Auditor has reviewed the Corporate Governance Report on 42 HOW WE WORK pages 88–95 in accordance with FAR’s auditing standard RevU 16 The auditor’s • 44 Analysis and transactions examination of the corporate governance statement. The Auditor has reviewed the Sustainability Report on pages 148 –163, in accordance with FAR’s recommendation • 46 Project and property development RevR 12 Auditor’s opinion regarding the statutory Sustainability Report. • 50 Property management Reporting under GRI Standards For 2019, Heimstaden is reporting on sustainability in accordance with the GRI SUSTAINABILITY Standards, Global Reporting Initiative’s guidelines for sustainability reporting, at the core level.
    [Show full text]
  • Environmental Factors in Relation to Asthma and Respiratory Symptoms Among Schoolchildren in Sweden and Korea
    Digital Comprehensive Summaries of Uppsala Dissertations from the Faculty of Medicine 212 Environmental Factors in Relation to Asthma and Respiratory Symptoms among Schoolchildren in Sweden and Korea JEONG-LIM KIM ACTA UNIVERSITATIS UPSALIENSIS ISSN 1651-6206 UPPSALA ISBN 91-554-6758-X 2006 urn:nbn:se:uu:diva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“Life is like a box of chocolates. You never know what you're gonna get.” - From the
    [Show full text]
  • Samhällsbyggnadsbolaget I Norden Ab (Publ)
    SUPPLEMENT DATED 17 DECEMBER 2019 TO THE BASE PROSPECTUS DATED 26 APRIL 2019 SAMHÄLLSBYGGNADSBOLAGET I NORDEN AB (PUBL) (incorporated with limited liability in Sweden) €2,500,000,000 Euro Medium Term Note Programme This supplement (the "Supplement") is supplemental to, forms part of and must be read and construed in conjunction with, the base prospectus dated 26 April 2019, the base prospectus supplement dated 3 May 2019 and the base prospectus supplement dated 10 July 2019 (together the "Base Prospectus") prepared by Samhällsbyggnadsbolaget i Norden AB (publ) (the "Issuer") in connection with its Euro Medium Term Note Programme (the "Programme") for the issuance of up to €2,500,000,000 in aggregate principal amount of notes ("Notes"). Terms given a defined meaning in the Base Prospectus shall, unless the context otherwise requires, have the same meaning when used in this Supplement. The purpose of the Supplement is to: 1. incorporate by reference into the Base Prospectus the unaudited interim consolidated financial statements of the Issuer and auditor's report in respect of the nine-month period ended 30 September 2019 (the "Unaudited Q3 2019 Financial Statements") as set out on pages 8 to 15 (inclusive), 28 to 32 (inclusive) and 35 of the Issuer's report for the first nine months of 2019; 2. update the section entitled "Description of the Issuer and its operations" and "Risk Factors" in the Base Prospectus; 3. include new sections entitled "Pro Forma Statement", "Auditor's Report on the Pro Forma Statement", "The Combined Company", "Selected Consolidated Financial, Operating and Other Data", "Ownership Structure", "Legal Considerations and Supplementary Information" and "Description of Hemfosa"; 4.
    [Show full text]
  • View Annual Report
    2019 Enriching and simplifying life through Friendly Homes HEIMSTADEN ANNUAL REPORT WITH SUSTAINABILITY REPORT Contents OUR BUSINESS 1 Heimstaden’s journey of growth 2 A comment from our CEO • 5 Significant events in 2019 6 Our vision and the path ahead 8 Values we generate 10 Our strategy 11 Our business model 13 Our core values 14 Heimstaden as an investment 15 Earning capacity • 16 Importance of partnerships 18 OUR MARKET 20 Heimstaden’s market 26 Regulated and unregulated market 28 Geographic distribution 32 Sweden 34 Denmark Administration Report and Financial information Heimstaden AB’s Annual Report is published in Swedish and English. The Swedish version is the original and has been 36 Norway audited by Heimstaden’s auditor. The annual and consolidated accounts for the 2019 38 Germany financial year and the Administration Report are presented on pages 5, 16–17 and 44–55, 74–87 of this document. The financial information is presented on pages 40 Netherlands 98–141 of this document. The Audit Report is also presented on pages 142–144. Other external review The Auditor has reviewed the Corporate Governance Report on 42 HOW WE WORK pages 88–95 in accordance with FAR’s auditing standard RevU 16 The auditor’s • 44 Analysis and transactions examination of the corporate governance statement. The Auditor has reviewed the Sustainability Report on pages 148 –163, in accordance with FAR’s recommendation • 46 Project and property development RevR 12 Auditor’s opinion regarding the statutory Sustainability Report. • 50 Property management Reporting under GRI Standards For 2019, Heimstaden is reporting on sustainability in accordance with the GRI SUSTAINABILITY Standards, Global Reporting Initiative’s guidelines for sustainability reporting, at the core level.
    [Show full text]
  • International Phd Students' Experiences in Uppsala
    ISSN 1653-2244 INSTITUTIONEN FÖR KULTURANTROPOLOGI OCH ETNOLOGI DEPARTMENT OF CULTURAL ANTHROPOLOGY AND ETHNOLOGY Between Dark Days and Light Nights: International PhD Students’ Experiences in Uppsala By Stefanie Mallow 2017 MASTERUPPSATSER I KULTURANTROPOLOGI Nr 69 Abstract Analysing what it means being neither immigrant nor tourist in a foreign country, this thesis looks at the experiences of international PhD students and their supervisors in the Swedish university town Uppsala. The Faculty of Science and Technology of Uppsala University and the Swedish University of Agricultural Sciences (SLU) are the universities studied. Based on anthropological methods, this thesis focuses on the individual actors as they attempt to match the objective of doing a PhD while at the same time being in a different country. Using practice theory, the study highlights that the experiences of international PhD students and the people working with them vary greatly from PhD student to PhD student. Yet, almost all undergo a certain form of self-formation and adjustment process to match the requirements of not only their host country, but also the international field of science they attempt to enter. Being connected to other people in similar situations can help them adapt to this new environment, and many international PhD students join communities of practice. I argue that most develop an internationally recognised habitus, which helps them being recognised by the international community. The habitus can further, under certain circumstances, become partially conscious. KEY WORDS: International PhD Students, Supervisors, Higher Education, Practice Theory, Sweden, Anthropology, Mobility [email protected] ii Acknowledgements First and foremost, I would like to thank all of my informants: without their time, their trust in me, and their stories – the good ones as well as the bad ones – this thesis would not have been possible.
    [Show full text]
  • Prospectus Rights Issue Kungsleden 2017
    INVITATION TO SUBSCRIBE FOR SHARES IN KUNGSLEDEN AKTIEBOLAG PLEASE NOTE THAT THE SUBSCRIPTION RIGHTS ARE EXPECTED TO HAVE AN ECONOMIC VALUE. In order not to lose the value of the subscription rights, holders must either: ■ Exercise the subscription rights received and subscribe for new shares no later than 24 March 2017, or ■ Sell the subscription rights received, but not exercised, no later than 22 March 2017. Please note that shareholders with nominee-registered shareholdings subscribe for new shares through their nominee. THE DISTRIBUTION OF THIS PROSPECTUS AND THE SUBSCRIPTION FOR NEW SHARES ARE SUB- JECT TO RESTRICTIONS IN CERTAIN JURISDICTIONS (SEE SELLING AND TRANSFER RESTRICTIONS). Joint Global Coordinators and Joint Bookrunners IMPORTANT INFORMATION For definitions of certain terms used in this prospectus, see Certain Definitions on the next page. This prospectus has been approved and registered by the Swedish Financial Supervisory Authority (the “SFSA”) in accordance with Chapter 2, sections 25 and 26 of the Swedish Financial Instruments Trading Act (SFS 1991:980) (Sw. lagen (1991:980) om handel med finansiella instrument). Approval and registration does not imply that the SFSA guarantees that the information in the prospectus is accurate or complete. The prospectus and the offering hereunder are governed by Swedish law. Disputes arising in connection with this prospectus, the offering and related legal matters shall be settled exclusively by Swedish courts. The prospectus has been prepared in both Swedish and English language versions. In the event of any conflict between the versions, the Swedish ver- sion shall prevail. Kungsleden has not taken, and will not take any actions to allow a public offering in any jurisdiction other than Sweden.
    [Show full text]
  • The Flogsta Scream
    Coordinates: 59°51′0.70″N 17°35′32″E Flogsta From Wikipedia, the free encyclopedia Flogsta is a neighbourhood in the west part of the Swedish city of Uppsala. Most of its inhabitants are students attending Uppsala University or the Swedish University of Agricultural Sciences. Location Flogsta as seen from the west The neighbourhood is located approximately 2.8 kilometres (about 4 km by road) west of the Uppsala city centre. There are bus connections and bicycle tracks connecting Flogsta to different parts of the town.[1] To the Uppsala University main building, the University Hospital, the Ekonomikum and the Biomedical Centre, the distance is between 2.2 and 2.7 km, while the distance to SLU exceeds 6 km.[1] The Flogsta scream Every evening at approximately 10 p.m., the "Flogsta scream" (Flogstavrålet in Swedish) may be heard, when students individually or collectively let out screams and howls from windows, balconies and roof tops.[2] According to Uppsala University, the collective Night shot from the roof of 8, screaming acts as "a much needed safety valve" and "a cry of angst" for students stressed by the demands of university life.[3] Sernanders väg The phenomenon has spread to other university towns and campuses in Sweden, such as Lund, Linköping and the Lappkärrsberget student residence area in Stockholm.[2] References 1. Flogsta (http://housingoffice.se/accommodation/exchange-students-master-students/flogsta/), Uppsala University Housing Office 2. "Swedish students' howls echo across the world (http://www.thelocal.se/20130113/45582)", The Local of Sweden, 13 January 2013 3. The Flogsta Scream, Uppsala University (http://www.uu.se/en/about-uu/traditions/flogsta-scream/) Retrieved from "https://en.wikipedia.org/w/index.php?title=Flogsta&oldid=750780019" Categories: Uppsala Geography of Uppsala County Neighbourhoods of Uppsala Student quarters Stress Anxiety This page was last modified on 21 November 2016, at 20:01.
    [Show full text]
  • Uppsala Universitet
    In this travel report I tell about my experiences from Uppsala, Sweden where I studied for one term in Spring 2016 in the department of business in Uppsala University. I hope this report is useful for anyone considering lovely Uppsala as their exchange destination! UPPSALA UNIVERSITET Exchange studies in Spring 2016 379540 Content Why Uppsala? ......................................................................................................................................................................... 2 Preparations ............................................................................................................................................................................ 3 Studies ..................................................................................................................................................................................... 5 Free time and other information ............................................................................................................................................ 7 Final comments ..................................................................................................................................................................... 11 1 Why Uppsala? Uppsala slottet. I chose Uppsala as my exchange destination because I desired to live in Sweden as I wanted to improve my Swedish skills. First I considered Stockholm, but as I heard that Uppsala is a much more convenient city to students, the atmosphere is cozier and getting housing is
    [Show full text]