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The Rise and Fall of Nokia

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Nokia: The Inside Story of the Rise and Fall of a Technology Giant

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The case examines the downward spiral of Nokia, the mobile technology giant that once conquered the world, seen from the perspective of 'insiders' - based on interviews with Nokia executives at top…

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The case examines the downward spiral of Nokia, the mobile technology giant that once conquered the world, seen from the perspective of 'insiders' - based on interviews with Nokia executives at top and middle management level. They describe the emotional undercurrents of the innovation process that caused temporal myopia - an excessive focus on short-term innovation at the expense of longer-term more beneficial activities. Nokia's once-stellar performance was undermined by misaligned collective fear: top managers were afraid of competition from rival products, while middle managers were afraid of their bosses and even their peers. It was their reluctance to share negative information with top managers - who thus remained overly optimistic about the organisation's capabilities - that generated inaccurate feedback and poorly adapted organizational responses that led to the company's downfall. The case covers the period from the early 2000s to 2010, with a focus on 2007 (the introduction of the iPhone) to 2010, when the CEO left.

Learning Objectives

After reading and analysing the case, students will understand (i) how emotional dynamics influence hard technological and strategic decisions in organizations as they translate into challenges for innovation, (ii) how emotional dynamics can undermine innovation and performance.

Sep 26, 2016 (Revised: Dec 12, 2022)

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strategic management case study of nokia

Case Study 4: The Collapse of Nokia’s Mobile Phone Business

  • First Online: 30 July 2018

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strategic management case study of nokia

  • Tuomo Peltonen 2  

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This chapter provides a wisdom-oriented reading of one of the most spectacular business failures of recent times: the collapse of Nokia mobile phones between 2007 and 2015. Using executive biographies and other published accounts of Nokia’s organisational patterns, the chapter attempts to offer a more balanced explanation of the processes behind Nokia’s inability to respond to the changing industry circumstances. The following analysis pays attention to the shaping of Nokia’s organisational culture. Company and its new leadership adopted a professional, no-nonsense approach in the aftermath of the problems of the late 1980s and early 1990s. The new generation of managers believed in a rational mindset supported by a bureaucratic organisational form. Leaning on a superior technological competence within the mobile phone sector, Nokia was capable of ultimately becoming the market leader. However, in 2007, with two major players, Apple and Google, joining the business, the established rules of competitive dynamics were irrevocably changed. Focus shifted to software and applications. Nokia’s risk-aversive and closed organisational culture could not respond in a situation where an open search for new innovations and a cooperative internal working mode were needed. An analysis of the development of Nokia’s organisational psyche following the emergence of a new generation of managers and executives highlights the role of local beliefs in using philosophical wisdom in critical circumstances. Nokia and its leadership were not able to abandon the outmoded habits and structures, as these had become integrated with the very identity of the company.

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Peltonen, T. (2019). Case Study 4: The Collapse of Nokia’s Mobile Phone Business. In: Towards Wise Management. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-91719-1_6

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How Nokia Embraced the Emotional Side of Strategy

  • Timo O. Vuori

strategic management case study of nokia

Don’t dismiss the “soft stuff.”

How do emotions shape strategy making? A pair of researchers investigated this topic by doing a close analysis of Nokia’s severe strategic challenges between 2007 and 2013. As part of this research, they conducted 120 interviews, including nine with board members and 19 with top managers. They found that while emotions are often dismissed as the “soft stuff,” they have profound effects on strategy. To avoid emotions having a negative effect on strategic decision-making, managers can do three things. First, increase trust by setting clear, and healthy, conversational norms. Second, reduce emotional attachment to a failing strategy by generating many new options — not just one alternative. And third, nudge top managers to pay attention to data that conflicts with their gut feelings.

How do emotions shape strategy making? We investigated this topic when we studied how Nokia executives dealt with the company’s severe strategic challenges between 2007 and 2013. As part of this research, we conducted 120 interviews, including nine with board members and 19 with top managers.

strategic management case study of nokia

  • TV Timo O. Vuori is an assistant professor in strategic management at Aalto University in Finland.
  • QH Quy Huy is the Solvay Chaired Professor of Technological Innovation at INSEAD and Academic Director of the INSEAD China Initiative.

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Nokia Change Management Case Study

Nokia is a company that has undergone significant change over the years, transforming itself from a mobile phone manufacturer to a leading player in the telecommunications infrastructure market.

This transformation was driven by a range of factors, including changes in market conditions, advancements in technology, and shifting customer needs and preferences.

However, perhaps the most important factor in Nokia’s successful transformation was its approach to change management.

In this blog post of Nokia’s change management case study, we’ll examine key strategies and tactics that the company employed to drive its successful transformation.

By examining the lessons learned from Nokia’s experience, we can gain valuable insights into effective change management and the critical factors that are required for a successful organizational transformation.

Let’s start reading.

Brief History of Nokia Journey of Change 

Nokia was a Finnish company that produced a wide range of products, including paper, rubber, and cables. It was not until the 1980s that Nokia started focusing on telecommunications equipment, but even then, it was still a relatively small player in the industry.

In the late 1990s, Nokia made a strategic decision to focus solely on mobile phones, which at the time were rapidly growing in popularity. Nokia recognized the potential of the mobile phone market early on and invested heavily in research and development to create innovative and user-friendly devices.

Nokia’s decision to focus on mobile phones paid off, and by the early 2000s, the company had become the world’s largest mobile phone manufacturer, with a dominant market share. Nokia’s success was due to its ability to offer a wide range of phones at different price points and to develop cutting-edge technology such as the first mobile phones with built-in cameras and internet connectivity.

However, Nokia’s dominance in the mobile phone market was short-lived. The company struggled to keep up with the rapid pace of technological innovation and the rise of new competitors, such as Apple and Samsung. As a result, Nokia’s market share declined sharply in the late 2000s and early 2010s, and the company eventually sold its mobile phone business to Microsoft in 2014.

Nokia refocused on telecommunications infrastructure and services. It was a again a success story. In 2015 Nokia acquires French telecommunications equipment company Alcatel-Lucent.

What are those external and internal factors that caused change?

There were several external and internal factors that led to Nokia’s change management and transformation from a mobile phone producer to a telecommunication infrastructure service provider. Here are some of the key factors:

External factors:

  • Increased competition: The rise of new competitors such as Apple and Samsung in the mobile phone market put pressure on Nokia’s mobile phone business, leading to declining market share and profits.
  • Rapid technological change: The rapid pace of technological innovation in the mobile phone industry made it difficult for Nokia to keep up and remain competitive.
  • Shift towards smartphones: The shift towards smartphones and the decline of feature phones also contributed to Nokia’s decline in the mobile phone market.
  • Opportunities in telecommunication infrastructure: The growing demand for 5G networks and other telecommunications infrastructure services presented an opportunity for Nokia to diversify and expand its business.

Internal factors:

  • Strategic decision-making : Nokia’s leadership recognized the need to adapt to changing market conditions and made the strategic decision to shift its focus towards telecommunications infrastructure services.
  • Strengths in telecommunications: Nokia had a strong history and expertise in the telecommunications industry, which gave it a foundation to build on in expanding its business.
  • Investment in research and development: Nokia continued to invest in research and development, allowing it to develop new products and services in the telecommunications infrastructure market.
  • Acquisitions and partnerships: Nokia made strategic acquisitions and partnerships to expand its capabilities in telecommunications infrastructure services, such as the acquisition of Alcatel-Lucent and the partnership with Xiaomi.

07 Key Drivers of successful change management of Nokia 

The successful change management of Nokia from a mobile phone manufacturer to a telecommunications infrastructure provider was driven by several key factors. Here are some of the most important drivers:

1. Clear Strategic Direction

Nokia’s clear strategic direction helped guide decision-making at all levels of the organization, ensuring that all stakeholders were aligned towards common goals and objectives. This helped Nokia to allocate resources more effectively, ensuring that investments were directed towards initiatives that supported the company’s long-term goals.

The leadership and employees focused its efforts on key priorities, such as developing new products and services in the telecommunications infrastructure market, and helped to minimize distractions from other activities that were not aligned with the company’s strategic objectives.

2. Agility and Adaptability

Agility and adaptability are important characteristics for organizations looking to succeed in a rapidly changing market environment. Nokia’s ability to demonstrate both agility and adaptability was key to its successful transformation from a mobile phone manufacturer to a telecommunications infrastructure provider. Nokia was able to quickly recognize and respond to changing market conditions and pivot its business towards new opportunities, such as the growing demand for telecommunications infrastructure services. 

3. Research and Development 

Nokia’s continued investment in R&D played a critical role in its successful transformation from a mobile phone manufacturer to a telecommunications infrastructure provider. By investing in R&D, Nokia was able to develop new products and services in the telecommunications infrastructure market and stay ahead of its competitors. This allowed the company to offer innovative and cutting-edge solutions that met the evolving needs of its customers. Additionally, Nokia’s investment in R&D helped the company to build a strong intellectual property portfolio, which further strengthened its competitive advantage in the market.

4. Operational Excellence 

Nokia’s focus on operational efficiency and continuous improvement was a critical factor in its successful transformation from a mobile phone manufacturer to a telecommunications infrastructure provider. By streamlining its operations and reducing costs, Nokia was able to improve its competitiveness and profitability in the highly competitive telecommunications infrastructure market. This focus on operational excellence helped the company to optimize its production processes, reduce waste, and improve product quality, which in turn helped it to deliver products and services to its customers more efficiently and at a lower cost.

5. Strong Leadership 

Nokia’s success in transforming itself from a mobile phone manufacturer to a telecommunications infrastructure provider was due in part to the strong and experienced leadership of CEO Rajeev Suri, who played a key role in leading the company through the transformation process. Suri’s leadership was critical in rallying employees around the new strategic direction and ensuring that all stakeholders were aligned towards common goals and objectives. Suri also provided clear direction and guidance to the organization, helping to steer the company through the challenges and uncertainties of the transformation process.

6. Cultural Change 

Nokia’s success in transformation is also due to cultural change. Nokia encouraged employees to be more innovative and agile in their work, fostering a culture of experimentation and continuous improvement. The company also emphasized the importance of collaboration and teamwork, encouraging employees to work together to solve complex problems and achieve common goals. Nokia invested in employee development and training, helping to foster a culture of continuous learning and development. This cultural shift helped to create a more flexible, innovative, and agile organization that was better able to adapt to changing market conditions and drive the company’s successful transformation.

7. Acquisition and Partnerships

Acquisitions and partnerships are critical tools that Nokia used to expand its capabilities and build a competitive advantage. By acquiring companies with complementary products and services, Nokia was able to expand its capabilities in telecommunications infrastructure services, giving the company a competitive advantage and helping it to build a comprehensive portfolio of products and services. Additionally, by partnering with other companies in the industry, Nokia was able to leverage the strengths of its partners to deliver innovative solutions that met the evolving needs of its customers.

Final Words 

Nokia’s successful transformation from a mobile phone manufacturer to a leading player in the telecommunications infrastructure market is a powerful case study in effective change management. By adopting a clear strategic direction, investing in research and development, focusing on operational excellence, fostering a culture of innovation and collaboration, and pursuing strategic acquisitions and partnerships, Nokia was able to adapt to changing market conditions and pivot its business towards new opportunities. Ultimately, Nokia’s transformation serves as a powerful example of how organizations can successfully adapt and evolve in response to changing market conditions, leveraging their strengths and capabilities to drive growth and success in new markets and industries.

About The Author

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Tahir Abbas

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Management Decision

ISSN : 0025-1747

Article publication date: 3 May 2011

This paper aims to offer a conceptualization of how and why corporate level strategic change may build on historical differentiation at business unit level.

Design/methodology/approach

Methodologically, an historical case study of Nokia Corporation's drastic business model transformation between the years 1987 and 1995 is reported.

The conceptual and historical work results in a process model of business model change, demonstrating how central business units feed strategic alternatives and capabilities to the corporate‐level transformation process.

Practical implications

The results highlight the importance of corporate level “market mechanisms' that allow promising strategic alternatives to emerge and select out inferior options. In this process, a key mechanism is the exchange of executives and cognitive mindsets between business units and corporate headquarters (CHQ).

Originality/value

The reported research offers an original contribution by showing the dynamic interplay of cognitive and organizational change processes, and highlighting the importance of building on existing capabilities and competencies despite the pressure to demonstrate strong turnaround activities.

  • Business planning
  • Organizational change
  • Business history
  • Telecommunications
  • Corporate strategy

Aspara, J. , Lamberg, J. , Laukia, A. and Tikkanen, H. (2011), "Strategic management of business model transformation: lessons from Nokia", Management Decision , Vol. 49 No. 4, pp. 622-647. https://doi.org/10.1108/00251741111126521

Emerald Group Publishing Limited

Copyright © 2011, Emerald Group Publishing Limited

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Background: The textile industry generates a large volume of waste due to the increasing demand for clothing for daily use and fashion. To reduce waste, reverse logistics (RL) has been proposed to ensure the recycling and reuse of waste textiles in the value chain. RL has been broadly examined in several manufacturing supply chains but less explored in the textile industry. The absence of a systematic review on textile reverse logistics (TRL) makes it difficult to identify existing knowledge gaps and research opportunities. Methods: Using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) framework, this paper contributes a systematic literature review of 28 relevant papers published on TRL between 1999 and August 2022. Results: Overall, there is a shortage of recycling facilities in developing economies. There is a need for quantitative models that assess the location and potential disruptions and aversion of the resulting risks of TRL. Investigating consumers’ perspectives on the desire to sort and transport old textiles to collection sites would be helpful to manufacturers. Additionally, system optimization to reduce emissions that emerge through the TRL production line would help reduce costs. It is also found that incentivizing clothing businesses that adhere to TRL practices would encourage more participation. Conclusions: This study discusses research opportunities in TRL that are beneficial to the clothing and textiles industry and researchers in developing new waste management strategies.

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Global autonomous networks market report 2024-2029, with case studies of vejthani hospital, university of oxford and heilongjiang international university green campus network.

Global Autonomous Networks Market

Dublin, June 07, 2024 (GLOBE NEWSWIRE) -- The "Global Autonomous Networks Market by Offering (Solutions and Services), End User (Service Providers and Verticals (Hospitality, Education, Government, Healthcare, Transportation & Logistics)) and Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The autonomous networks market is estimated at USD 7 billion in 2024 to USD 17.5 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 20.1%. These networks enhance efficiency and reliability in network management for service providers by enabling real-time monitoring, automated troubleshooting, and predictive maintenance, which reduces operational costs and improves service quality. They also allow for seamless scalability, dynamic adaptation to changing demands, and enhanced security through automatic threat detection and mitigation. Additionally, the integration of AI and machine learning supports continuous optimization and innovation, ensuring that autonomous networks remain at the forefront of technological advancements.

By offering, the solutions segment is expected to register the largest market share during the forecast period. Within the projected 2024-2029 forecast period, the solutions segment is anticipated to hold a most significant market share in the autonomous networks market due to several factors. The increasing complexity of network infrastructures necessitates comprehensive solutions that can autonomously manage and optimize operations, integrating advanced technologies such as artificial intelligence and machine learning to adapt to evolving network conditions and demands. This demand is further boosted by the growing adoption of automation across industries, driven by the need for efficiency and cost-effectiveness. Additionally, the rise of emerging technologies like 5G, IoT, and edge computing requires robust and adaptive network management systems, enhancing the relevance and uptake of autonomous network solutions. Furthermore, regulatory pressures and the need for improved cybersecurity also drive organizations to invest in comprehensive autonomous network solutions to ensure compliance and protect sensitive data. Overall, the solutions segment is set to lead the market due to its ability to address the challenges of modern network management effectively. By end user, service providers are expected to hold the largest market share during the forecast period. The service providers segment is expected to dominate the autonomous networks market from 2024 to 2029 due to their significant role in driving the adoption and implementation of advanced networking technologies. Service providers are at the forefront of integrating autonomous networks to enhance their operational efficiency, reduce costs, and improve service delivery. These entities are heavily investing in artificial intelligence, machine learning, and automation to manage the increasing demand for high-speed, reliable connectivity and to support the production of IoT devices, 5G networks, and cloud services. Additionally, service providers are under constant pressure to offer differentiated services and maintain competitive advantage, making the adoption of autonomous networks a strategic priority. As a result, their continuous efforts to innovate and optimize their network infrastructure are expected to lead to the largest market share within this segment. North America is estimated to have the largest market size during the forecast period. North America possesses a highly developed telecommunications infrastructure, with widespread adoption of advanced technologies such as 5G. This technological advancement creates a fertile ground for implementing autonomous networks, which rely on robust connectivity and low latency. Moreover, the region is home to many leading technology companies, and startups focused on innovation in networking and automation, fostering a competitive landscape that drives rapid advancements in autonomous network solutions. Additionally, North America has a conducive regulatory environment that encourages investment in emerging technologies, further stimulating growth in the autonomous networks market. Lastly, the region's large and diverse consumer base, coupled with increasing demand for seamless connectivity and digital services, provides a substantial market opportunity for autonomous network providers to thrive and expand their operations. The report provides insights on the following pointers:

Analysis of critical drivers (Rise of internet of things (IoT) devices, Increased need for real-time data processing & analysis), restraints (High initial investment required to adopt this technology, Lack of standardization, Cybersecurity risks), opportunities (Edge computing optimization, Network slicing), and challenges (Customer requirement interaction, Service provider requirement interaction, Automation by maximizing utility) influencing the growth of the autonomous networks market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the autonomous networks market.

Market Development: The report provides comprehensive information about lucrative markets and analyses the autonomous networks market across various regions.

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the autonomous networks market.

Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading companies including Ericsson (Sweden), Nokia (Finland), NEC Corporation (Japan), Huawei Technologies Co., Ltd (China), Hewlett Packard Enterprise (US), Cisco Systems (US), IBM Corporation (US), Ciena (US), Extreme Networks (US), Arista Networks (US), Broadcom (US), ZTE Corporation (China), Allied Telesis (Japan), Logic Monitor (US), SolarWinds Worldwide(US), BMC Software (US), Drivenets (Israel), Versa Networks (US), Arrcus (US), Intraway (Argentina), Augtera (US), Auvik Networks (Canada), Infovista (France), and Innovile (Turkey).

Key Attributes:

Key Topics Covered: Executive Summary

Autonomous Networks Market to Witness Significant Growth During Forecast Period

Autonomous Networks Market: Regional Snapshot

Premium Insights

Attractive Opportunities for Key Players in Autonomous Networks Market - Aging Network Infrastructure and Rising Demand for Network Efficiency and Automation to Drive Market

Autonomous Networks Market: Top Growing Segments - Top Growing Segments in Autonomous Networks Market in 2024

Autonomous Networks Market, by Offering - Services Segment to Hold Higher Growth Rate During Forecast Period

Autonomous Networks Market, by End-user - Service Providers Segment to Account for Larger Market Share in 2024

North America: Autonomous Networks Market, by Offering and End-user - Solutions and Service Providers Segments to Account for Largest Market Shares in North America in 2024

Market Dynamics

Rise of IoT Devices

Increased Need for Real-Time Data Processing & Analysis

High Initial Investment

Lack of Standardization

Increased Connectivity and Automation Elevating Potential for Cybersecurity Risks

Opportunities

Edge Computing Optimization

Network Slicing

Difficulties in Comprehending Customers' Requirements

Challenges Regarding Alignment of Network Configurations with Business Objectives

Case Study Analysis

Vejthani Hospital Used Huawei's Wi-Fi 6 Network to Become Smart Hospital

AI-Driven Networking from Juniper Improved Network Visibility and Control for University of Oxford

China Mobile Communications Company Enhanced Broadband Experience with Nokia Ava AI and Analytics

Heilongjiang International University Built Green Campus Network with Huawei's Imaster NCE-Campusinsight

Companies Featured

Hewlett Packard Enterprise

Cisco Systems, Inc.

Arista Networks

NEC Corporation

Huawei Technologies Co. Ltd.

IBM Corporation

Ciena Corporation

Extreme Networks

ZTE Corporation

Allied Telesis

Logic Monitor

Solarwinds Worldwide

BMC Software

Versa Networks

Arrcus Inc.

Augtera Networks

Auvik Networks

For more information about this report visit https://www.researchandmarkets.com/r/wlh0te

About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

IMAGES

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  1. Why Nokia Failed? If you use some strategic tools you are always the leader in the market

  2. Why Did Nokia Fail ? Nokia Case Study || HINDI

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  5. Nokia's Unbelievable Start: From Paper to Phones!

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  1. The Strategic Decisions That Caused Nokia's Failure

    I found this article on the strategic decisions behind Nokia's failure incredibly insightful! 📉 As someone interested in business strategy and management, understanding the factors that led to Nokia's downfall provides valuable lessons for avoiding similar pitfalls in the future. 💡 The analysis of Nokia's missteps, from failing to adapt to changing market trends to underestimating the ...

  2. Strategic decision‐making at platform transitions: The case of Nokia

    1 INTRODUCTION. The widespread emergence of digital platforms has important strategic implications for incumbent firms that go beyond traditional strategy making at disruptions (Altman et al., 2022; Kretschmer et al., 2020; McIntyre et al., 2021).This is partly because "digital platforms and their associated ecosystems are fundamentally transforming the competitive landscape and boundaries ...

  3. (PDF) Case Study 4: The Collapse of Nokia's Mobile Phone Business

    Case Study 4: The Collapse of Nokia's Mobile Phone Business: Wisdom and Stupidity in Strategic Decision-making. ... exemplary management started to look like a textbook case of failed strat-

  4. The curse of agility: The Nokia Corporation and the loss of market

    Historical research is relatively distinct from theory-motivated case studies in the management field (Decker, Kipping, ... was appointed as the new CEO of Nokia. The strategic intent of Elop's new top management team was to regain product leadership in the smartphone market and to retain the market leader position in low-end mobile phones.

  5. The Real Cause of Nokia's Crisis

    The Real Cause of Nokia's Crisis. by. Michael Schrage. February 15, 2011. Nokia's technology isn't a root cause of its current crisis. Don't blame its engineers and designers either. The ...

  6. The Rise and Fall of Nokia

    Abstract. In 2013, Nokia sold its Device and Services business to Microsoft for €5.4 billion. For decades Nokia had led the telecommunications (telecom) industry in handsets and networking. By the late 2000s, however, Nokia's position as market leader in mobile devices was threatened by competition from new lower-cost Asian manufacturers.

  7. Who Killed Nokia? Nokia Did

    Strategy. Who Killed Nokia? Nokia Did. Quy Huy , INSEAD and Timo Vuori , Aalto University. 22 Sep 2015 31. Despite being an exemplar of strategic agility, the fearful emotional climate prevailing at Nokia during the rise of the iPhone froze coordination between top and middle managers terrified of losing status and resources from management.

  8. Nokia: The Inside Story of the Rise and Fall of a Technology Giant

    The case examines the downward spiral of Nokia, the mobile technology giant that once conquered the world, seen from the perspective of 'insiders' - based on interviews with Nokia executives at top and middle management level. They describe the emotional undercurrents of the innovation process that caused temporal myopia - an excessive focus on short-term innovation at the expense of longer ...

  9. The Rise and Fall of Nokia

    The case describes Nokia's spectacular rise and fall, shedding light on the combination of external factors and internal decisions that resulted in the company's handset business being sold to Microsoft in 2010. During the successful period of growth (roughly 1990 through to 2006), Nokia's focus on design and functionality gained it a worldwide reputation. It was acknowledged as the first ...

  10. Case Study 4: The Collapse of Nokia's Mobile Phone Business

    Abstract. This chapter provides a wisdom-oriented reading of one of the most spectacular business failures of recent times: the collapse of Nokia mobile phones between 2007 and 2015. Using executive biographies and other published accounts of Nokia's organisational patterns, the chapter attempts to offer a more balanced explanation of the ...

  11. How Nokia Embraced the Emotional Side of Strategy

    To avoid emotions having a negative effect on strategic decision-making, managers can do three things. First, increase trust by setting clear, and healthy, conversational norms. Second, reduce ...

  12. Nokia Change Management Case Study

    Nokia Change Management Case Study. Tahir Abbas March 3, 2023. Nokia is a company that has undergone significant change over the years, transforming itself from a mobile phone manufacturer to a leading player in the telecommunications infrastructure market. This transformation was driven by a range of factors, including changes in market ...

  13. A Case Study of Nokia's Failure

    In this case study, we will examine the factors that contributed to Nokia's decline and explore what we can learn from the company's failure. The Rise of Nokia: In the early 2000s, Nokia was the ...

  14. Strategic management of business model transformation: Lessons from Nokia

    Design/methodology/approach Methodologically, an historical case study of Nokia Corporation's drastic business model transformation between the years 1987 and 1995 is reported.

  15. PDF Nokia Case Study

    Nokia Case Study Introduction: The fundamental question in the field of strategic management is how organisations achieve and sustain competitive advantage (Teece, et al, 1997) and therefore attain above industry-average profit. However, since both the business environment and individual firms are dynamic systems, continuously in flux, it is a ...

  16. The curse of agility: The Nokia Corporation and the loss of market

    Nokia (or any other corporation) remains tentative. This is not a problem if we realise the limits of our research, but most of the similar case studies published even in top management journals ignore these limitations when seeking theoretical explanations, contributions and 'being interesting' (Barley, 2016; Davis, 1971).

  17. Strategic management of business model transformation: lessons from Nokia

    Methodologically, an historical case study of Nokia Corporation's drastic business model transformation between the years 1987 and 1995 is reported. Findings The conceptual and historical work results in a process model of business model change, demonstrating how central business units feed strategic alternatives and capabilities to the ...

  18. [PDF] Nokia Case Study

    The fundamental question in the field of strategic management is how organisations achieve and sustain competitive advantage (Teece, et al, 1997) and therefore attain above industry-average profit. However, since both the business environment and individual firms are dynamic systems, continuously in flux, it is a big challenge to achieve a fit between these two systems (de Wit B and Meyer R ...

  19. Strategic Management for Nokia Case

    Strategic Management Journal, 2022, 43(2): 340-369. [10] Aspara J, Lamberg J A, Laukia A, et al. Strategic management of business model transformation: lessons from Nokia. Management Decision, 2011. [11] Bhutto A. Managing interindustry differences through dynamic capabilities: The case study of Nokia.

  20. PDF Strategic Management for Nokia Case

    3.1.1. Strategy Diagnosis I. Product differentiation and positive network effects:The reason behind Nokia's new strategy in the smart phone market was given by Nokia's CEO and is based on the belief thatthe battle of devices has now become a war of ecosystems.

  21. PDF Nokia Strategic Management Case Studies With Solution

    Nokia Strategic Management Case Studies With Solution Petter Gottschalk Nokia Case Study: How Can Nokia Maintain Its Market Position in the Mature European Market? Anonym,2008-02 Seminar paper from the year 2006 in the subject Business economics - Marketing, Corporate Communication, CRM, Market

  22. (PDF) Nokia case study

    Keywords: strategic management; causal attribution; sense-making; discourse analysis; narrative; management history. Download Free PDF View PDF. ... Nokia Case Study Introduction: The fundamental question in the field of strategic management is how organisations achieve and sustain competitive advantage (Teece, et al, 1997) and therefore attain ...

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    Essay on Strategic management - Nokia Nokia Mission Nokia's mission is simple: "Connecting People. Our goal is to build great mobile products that enable billions of people worldwide to enjoy ... Sustainable innovation- Nokia case study Introduction: The technology offers a promise of a better world through the improvements in standards of ...

  24. Global Autonomous Networks Market Report 2024-2029, with Case Studies

    These networks enhance efficiency and reliability in network management for service providers by enabling real-time monitoring, automated troubleshooting, and predictive maintenance, which reduces ...

  25. Global Autonomous Networks Market Report 2024-2029, with

    The autonomous networks market is estimated at USD 7 billion in 2024 to USD 17.5 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 20.1%. These networks enhance efficiency and ...