Facit - 50 Years Of Success

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The success came to an end with the shift to electronics.

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Facit - 50 Years Of Success

  1. 1. Christian Sandström holds a PhD from ChalmersUniversity of Technology, Sweden. He writes and speaks about disruptive innovation and technological change.
  2. 2. Facit was amanufacturer of…
  3. 3. … mechanicalcalculators…
  4. 4. Typewriters…
  5. 5. … And office furniture…
  6. 6. In the period 1920-1970, thedemand for these products was huge.
  7. 7. Manycountrieshad beendestroyedduring the secondworld war.
  8. 8. But not the Swedisheconomy.
  9. 9. Re- building Europe implied a high demand for, well,everything.
  10. 10. At thesame time,there were few firms aroundwho could supply what was needed.
  11. 11. Thus, acompanylike Facit had afantasticposition.
  12. 12. Facit keptgrowing and growing.
  13. 13. More jobswere createdin the small townÅtvidaberg.
  14. 14. Facit wasfantastic atmarketing.
  15. 15. As Facit grew,Åtvidaberg grew.
  16. 16. The soccer teambecame better and better and most ofthe players worked at Facit…
  17. 17. Facit invested in newtechnologies
  18. 18. But the greatprofits were still made on the mechanical calculators.
  19. 19. Facit expandedand entered new markets throughout the world.
  20. 20. The Facit wizardkept smiling all over the world.
  21. 21. In 1971-72, the electroniccalculator put anend to 50 years of success.
  22. 22. Today, Facit is history.
  23. 23. Photos taken at:Åtvidabergs Bruks och Facit Museum, Swedenhttp://brukskultur.atvidaberg.se/index2.htmlÅssa Industri och Bil Museum, Swedenhttp://www.assamuseet.se/ Thank You!
  24. 24. The archives at ’Brukskultur Åtvidaberg’ are fantastic.
  25. 25. Find out more:www.christiansandstrom.org

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