Category: Nokia

Introduction When mobile communication equipment manufacturers were recording declining sales in the 2000s, Nokia was experiencing some unprecedented growth in its mobile handsets sales. According to a journal article written by Carral and Kajanto (2008), Nokias success was as a result of its understanding of the communication industrys inflection points, something that enabled the company…

Nokia is a large global company that focuses on information technology, telecommunications, and electronic devices. The mill operation that eventually became Nokia Corporation was established in 1865 (Bhalodiya & Sagotia, 2018). Nokia emphasizes respect, accomplishment, renewal, and taking on new challenges as pillars of the companys culture. These principles serve as a guide for the…

Table of Contents Governance Structure Internal and External Controls Why it Might be a Problem for the Organization How the Problem Might Affect the Strategy of the Organization Conclusion References Over the course of its performance, Nokia has proven itself to be a reliable and innovative organization. Currently, Nokia is in a rather harsh environment,…

Table of Contents Strength Weaknesses Opportunity Threats References Strength The first letter of the SWOT analysis stands for strengths. Strengths are defined by attributes or operations in which an organization excels and makes a firm stand out from the competition. These can include a recognizable brand, loyal customers, unique technology, and many other features. The…

Introduction Companies and other organizations put into strategic action initiatives that direct organizational change and contribute to accomplishing strategic goals. The ability of a workforce to be competent, knowledgeable, and equipped with the resources necessary to implement an effective strategy is essential for successful strategic execution. It is crucial to allocate resources, such as separating…