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In less than three decades, Nokia emerged from Finland to lead the mobile phone revolution. It grew to have one of the most recognizable and valuable brands in the world and then fell into decline, leading to the sale of its mobile phone business to Microsoft. This book explores and analyzes that journey and distils observations and learning points for anyone keen to understand what drove Nokia's amazing success and sudden downfall. With privileged access to Nokia's senior managers over the last twenty years followed by a more concerted research agenda from 2015, the authors describe and analyze, the various stages in Nokia's journey. The book describes leaders making strategic and organizational decisions, their behavior and interactions, and how they succeeded and failed to inspire and engage their employees. Perhaps most intriguingly, it opens the proverbial 'black box' of why and how things actually happen at the top of organizations. Why did things fall apart? To what extent were avoidable mistakes made? Did the world around Nokia change too fast for it to adapt? And, did Nokia's success contain the seeds of its failure?
This book investigates the organizational and strategic factors that facilitated Nokia's rapid ascent to global dominance in mobile telephony and its subsequent decline. The authors, Keeley Wilson and Yves Doz, utilize their extensive academic backgrounds and privileged access to Nokia's senior leadership to construct a detailed analysis of corporate decision-making. By examining the internal dynamics of the firm over two decades, they provide a framework for understanding how successful companies can become vulnerable to shifts in the technological landscape.
What You Will Find
Scope Limits
Experts and business scholars frequently cite this work as a definitive case study on organizational inertia and the challenges of adapting to rapid market shifts. Readers often note the academic rigor and the depth of the primary source interviews, which provide a rare look into the internal mechanics of a global technology firm.
Page Count:
203
Publication Date:
2018-01-01
Publisher:
OUP Oxford
ISBN-10:
0192524755
ISBN-13:
9780192524751
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