Preview

Nokia Strategic Management

Satisfactory Essays
Open Document
Open Document
774 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Nokia Strategic Management
Nokia’s Strategic Management

Nokia Description of Company

Nokia envisions a world where connecting people to what matters empowers them the most of every moment

Nokia's CEO Olli-Pekka Kallasvuo

Generation of Nokia
NOKIA’S FIRST CENTURY: 1865-1967 • The first Nokia century began with Fredrik Idestam's paper mill on the banks of the Nokianvirta river. Between 1865 and 1967, the company would become a major industrial force; but it took a merger with a cable company and a rubber firm to set the new Nokia Corporation on the path to electronics.

Generation of Nokia
THE MOVE TO MOBILE: 1968-1991
• The newly formed Nokia Corporation was ideally positioned for a pioneering role in the early evolution of mobile communications. As European telecommunications markets were deregulated and mobile networks became global, Nokia led the way with some iconic products.

Generation of Nokia
MOBILE REVOLUTION: 1992-1999 • As mobile phone use booms, Nokia makes the sector its core business. By the turn of the century, the company is the world leader. In 1992, Nokia decided to focus on its telecommunications business • As adoption of the GSM standard grew, new CEO Jorma Ollila put Nokia at the head of the mobile telephone industry’s global boom – and made it the world leader before the end of the decade.

Generation of Nokia
NOKIA NOW: 2000-TODAY • Nokia sells its billionth mobile phone as the third generation of mobile technology emerges. Nokia’s story continues with 3G, mobile multiplayer gaming, multimedia devices and a look to the future.

Organizational Structure

NAVTEQ:Manages digital map consumermobile device and marketing Nokia Siemens Network: Provides sales operational support to the units Services & Development Office.data thechannel,fixednavigation systems, Corporate Software: Develops Gives automotive network Markets: Provides supply chains, wireless and brand portfolio, Devices: Develops and manages for Internet services in 5 mobile

You May Also Find These Documents Helpful

  • Best Essays

    HRM587 Course Project

    • 2598 Words
    • 8 Pages

    Nokia Corporation was founded in 1967 as a technology corporation that worked hard in the industry to introduce cellular phones in the market, very specifically in the 1970’s when cellular phones were invented and gotten so much attention from consumers. Nokia was the leader in the market for large number of years until 2007 when smartphones took over the old cellular phones. After 2007 Nokia became the follower instead of continuing to be the leader in the industry, and that is all because their products of smartphones did not have…

    • 2598 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    From a papermill company founded almost 150 years ago, Nokia is a multinational communications corporation that is headquartered in Finland and engaged in the market of manufacturing of mobile devices and in converging Internet and communications industries, with over 132,000 employees in 120 countries, sales in more than 150 countries and global annual revenue of over €42 billion and operating profit of €2 billion as of 2010. Nokia produces a wide range of mobile devices and offers Internet services such as applications, games, music, maps, media and messaging through its OVI platform. Its global device market share was 23% in the second quarter 2011.…

    • 2002 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Btec Business Coursework

    • 8618 Words
    • 35 Pages

    What is known today as Nokia was established in 1865 as a pulp mill by Knut Fredrik Idestam on the banks of Nokia rapids. Finnish Rubber Works established its factories in the beginning of 20th century nearby and began using Nokia as its brand. Shortly after World War I Finnish Rubber Works acquired Nokia wood mills as well as Finnish Cable Works, a producer of telephone and telegraph cables. All these three companies were merged into the Nokia Corporation in 1967.…

    • 8618 Words
    • 35 Pages
    Powerful Essays
  • Good Essays

    “Nokia is at a critical juncture, where significant change is necessary and inevitable in our journey forward,” said Stephen Elop, Nokia President and CEO. “Today, we are accelerating that change through a new path, aimed at regaining our smartphone leadership, reinforcing our mobile device platform and realizing our investments in the future.”…

    • 977 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Nokia is the world’s largest mobile handset maker commanding a 40% share of the global market. The…

    • 370 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nokia Swot Analysis

    • 713 Words
    • 3 Pages

    Nokia, as a company with a 150-year history, has abundant marketing experience, first-class customer service and outstanding large-scale purchasing skills.…

    • 713 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.…

    • 1999 Words
    • 8 Pages
    Good Essays
  • Better Essays

    Nokia Cultures

    • 1697 Words
    • 7 Pages

    Nokia began 150 years ago in Finland. Before they for were known as a telecommunications company, they were known for a lot more. Nokia was founded by Fredrick Idestam and began as a paper mill. Nokianvirtra River was the location of the second paper mill plant which opened in 1871 and later the name of the company. Nokia has made everything from galoshes to tires. In 1898 Eduardo Polon founder Finnish Rubber Works which made galoshes becoming a bona fide classic design. “In 1912 Arvid Wickstrom founded Finnish Cable Works setting the foundation of Nokia technological business for what we know them as now” (nokia.com, March 25, 2013). Although “the three companies Nokia Ab, Finnish Rubber Works and Finnish Cable Works had worked jointly since 1922, in 1967 the three companies officially merged in 1967 forming Nokia Corporation” (nokia.com, March 25, 2013)…

    • 1697 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Nokia is a world famous mobile manufacturing company from Finland which started in1865. It is a global leader in the manufacturing of mobiles with sales in more than 150 countries and market share up to 30 %. Nokia was launched in India in 1995 and since then has steadily progressed to become the number 1 mobile selling company in India.…

    • 1984 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    NOKIA ENTREPRENEURSHIP

    • 294 Words
    • 2 Pages

    COUNTRY REPRESENT •Finnish Company •Nokianvirta river Nokia, Finland YEAR OF BIRTH  Company started in 1865 as wood pulp mill.  After 1963 Nokia started producing radio telephone COMPANY PRODUCT   Early products: Wood pulp Rubber Cables and Television Main Product: Mobile Phone, Smart Phone, Mobile Computers, etc. FOUNDER OF THE COMPANY •The company was initially founded by Fredrik Idestam in 1865 •But it was later converted into a share company with his trusted friend Leo Mechelin EARLY STORY In…

    • 294 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Nokia case study

    • 1825 Words
    • 16 Pages

    1980's. Nokia also had very smart R&D investments : channelled into a number of key…

    • 1825 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    business ethics

    • 610 Words
    • 3 Pages

    rested in large part on its ability to exploit economies of scale and its efficient supply…

    • 610 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Analysis on Nokia Phones

    • 1546 Words
    • 7 Pages

    Nokia is one of the major mobile manufacturing companies in the world. Nokia launched its first mobile phone - the Mobira Talkman - in 1984. Weighing just over 11 pounds, the phone was revolutionary for its time. A little over 20 years later, in 2005, the company introduced its first multimedia…

    • 1546 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Manage Product Life Cycle

    • 817 Words
    • 4 Pages

    As the main developer of the GSM technology, Nokia did not face much competition. It developed Nokia 1011, which was on the market during 1992 - 1994. As Nokia establishes herself as the brand of mobile phones and a symbol of user-friendliness, simplicity and style, the no. of mobile phone subscribers in Finland increased rapidly and the prices of mobile phones went down at a fast pace.…

    • 817 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Nokia

    • 800 Words
    • 4 Pages

    Motorola were following the Henry Ford motto of "you can have a car (or phone) in any…

    • 800 Words
    • 4 Pages
    Good Essays

Related Topics