NOKIA Strategic Review NOKIA • • • • • • • • • • • • Current Situation Vision Mission Corporate Organization & Governance Objectives Driving Forces SWOT Strategic Issues Alternatives Recommendations Implementation Key Learning’s from the Case Study Nokia Overview • Multi-national telecommunications and software company • Founded in 1865 and incorporated in 1871 • Headquartered in Espoo‚ Finland • Publicly Traded LLC on Helsinki and NYSE (SYM:NOK) • Revenue of $16.8B‚ Market Cap $28B‚ P/E 8.4
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The Decision-Driven Organization Harvard Business Review – June 2010 The subject discussed in the article “Decision–Driven Organization” is that structural reorganizations should be done based on the decisions that matter the most to the organization instead of the goals that the organization is trying to reach. The coauthors stressed on how important this issue is and that it should be taken into consideration by organizations while preparing for reorganization since. As shown in the examples
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Constitution of the United States of America. The U.S. Constitution was a collaborative effort of the great minds of the time‚ and its contents were debated by those who drafted it and those who voted on its ratification. The question of the framers’ intent continues to be debated in modern political discourse‚ is evaluated and interpreted by jurists‚ and abused by those who would seek to use the contents of the Constitution to justify their own ends. Simply stated‚ the intentions of the framers of the
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exist. Hiring involves two board activities: i) Recruitment ii) Selection 1 The recruitment selection process allows companies to identify candidates that meet the qualifications of the position looking to be filled thereby meeting the needs of the business. The selection process starts first with the job posting itself. The recruiting department must find out what skills are necessary for the job they are filling. They also need to know if their client (the department with the opening) has any specific
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Discuss how market-led strategies can help businesses to drive growth and sustain competitive advantage‚ use examples from US‚ European and/or Far Eastern businesses. Market-led strategies are utilized by the organizations which are coming into the business and which have not got many assets and resources to be used. Most of the time market led strategies are used by young or service corporations. The market led-strategies function on the market or client requirements. Businesses attempt to offer the
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Petrobras: Strategic Review Table of Contents 1.0 Introduction 2 2.0 Macro Market Analysis 2 2.1 PESTEL 2.2 Porters Five Forces 3.0 Micro Market Analysis 6 3.1 GE McKinley Matrix 3.2 Competitor Analysis 4.0 Recommendations 8 5.0 Conclusions 9 6.0 References 10 List of Figures Figure 1: Porters 5 Forces Analysis of Petrobras 5 Figure 2: GE Matrix 6 Figure 3: Oil Production and Consumption 7 1.0 Introduction
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when founded in 1998‚ brought forth a new angle to conduct business. Traditionally marketers scan the market to determine which prices purchasers are willing and able to pay for products or services. The sellers then offer their product for a price which meets their internal criteria. With priceline‚ instead of the seller setting the price‚ the buyer makes an offer of what he or she is willing to pay and sellers compete for the buyers business. This innovation represented a first in that general non
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Literature Review on Strategic Management with Emphasis on Porter’s Theories as Applied in Current Decision Making Abstract This review provides an overview of a few of the key topics that have defined the strategic management field since the later twentieth century. Strategic planning‚ strategic planning frameworks and strategy implementation issues are discussed both from a historical and modern perspective. Michael Porter’s frameworks and generic strategy provide an excellent backdrop
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Level 3 & 4 Awards & Certificates in Assessment and Quality Assurance Qualification handbook for centres 6317 6317-30‚ 6317-31‚ 6317-32‚ 6317-33‚ 6317-40‚ 6317-41‚ 6317-42 February www.cityandguilds.com February 2011 Version 1.3 ( February 2011) About City & Guilds City & Guilds is the UK’s leading provider of vocational qualifications‚ offering over 500 awards across a wide range of industries‚ and progressing from entry level to the highest levels of professional achievement. With over 8500
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Summary and discussion of Richard Nolan and F. Warren McFarlan’s article “Information Technolgy and the Board of Directors” published in 2005 by Harvard Business Review. Information Technology and the Board of Directors In this article the authors show how board members can recognize their firms’ position and decide whether they should take a more aggressive stance. They illustrate the conditions under which boards should be less or more involved in IT decisions. Furthermore‚ they delineate
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