Jorma Ollila

Creativity and Innovation in the Workplace “Identify and organisation that you consider to be innovative. Briefly describe the organisation you have chosen and its approach to innovation.” James Devine 213733 Word Count: 2,649 ------------------------------------------------- Executive Summary This report was to investigate how the Nokia Corporation has been innovative since it was originally founded as Nokia AB in 1865. This report also looks into what Nokia has done to be considered

Nokia SWOT analysis Strengths Weaknesses * Sold about more than 1 million smartphones last quarter than average analysts expected * Leader in Supply Chain Managment * Strong finances * World leader in R&D * Nokia has built one of the wireless industry’s strongest and broadest IPR portfolios with over 10,000 patents * Sold about more than 1 million smartphones last quarter than average analysts expected * Leader in Supply Chain Managment * Strong finances

Nokia Corporation Nokia Company is considered to be one of the biggest market leading in the production of high quality equipment and mobile phones, which was rooted back to 19th century. However, despite the tremendous rise in Nokia, the company experienced massive changes during its presence on the Finnish, which later spread to the world’s market. Nokia Company, started as a small forest industry that dealt in the production of cable and rubber. It then shifted to the manufacturing of computers

Background Nokia was the world’s largest mobile phone maker for 14 years. The company was once acclaimed for its marketing strategy success for changing mobile phones from just a communication device to everyday fashion accessories. However, in today’s global smartphone market, Nokia has only 3% of the market share and is declining. The company’s decreasing sales was an obvious sign of vulnerability leading to the selloff of its mobile device business to Microsoft in 2013 (Surowiecki, 2013). Marketing

The current situation of the Ford Motor Company, revenue of $44 billion, 6 percent above second quarter 2006. The company net income of $750 million, or 31 cents per share. Profit of $258 million, or 13 cents per share, from continuing operations excluding special items. There was a significant year-over-year improvement for all automotive operations. Ford Motor Credit pre-tax profit of $112 million. Cost reductions of $600 million; $1.1 billion through the first half of 2007. There was automotive

Nokia entered the market in 1960, however it was not until 1992, under the commands of, then chief executive officer (CEO), Jorma Ollila that the group became a mobile communications company, centering all its activities on mobile phones, as its priority, consumer electronics, networks and cable (Taylor, 2001). By late 1992 Nokia was Europe’s biggest producer of mobile phone, and second worldwide behind Motorola. While leading worldwide in market share since 1998, Nokia was being pushed down-market

Nokia’s history stretches back 150 years to a time in a small town in Finland, Fredrik Idestam, when a 27 year old mining engineer, discovered a new way of producing paper from wood rather than from rags as it was commonly produced, and set up his first factory of paper mill in 1865. Within three years, the company set up a second mill. By 1902, it had expanded its operations to the generation of electricity from the hydropower assets Nokia possessed. The company continuously grew. Consumer products

the 2010 led to the company losing its market shares at both ends of the mobile phone industry. During the period of 1991 and 1992 the company lost FM482million ($120 million) on its major business activities. In 1992 a new group chief executive, Jorma

Introduction Nokia Corporation (Nokia, or “the company), one of the largest world-class telecommunication companies, was established in 1967. The company operates through three businesses: Nokia Networks, Here and Technologies (Nokia websites). Nokia’s Networks segment primarily offers telecommunication infrastructure that concentrates on mobile networks and base station subsystem. This segment runs two businesses: global service and mobile broadband. Nokia’s Here System provides the mapping and

This was probably the most important strategic decision in its history. 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...Nokia’s story continues with 3G, mobile multiplayer gaming, multimedia devices and a look to the future. (Source: