of strategic drift (see Exhibit 5.2). Justify your selection. Strategic drift‚ as defined by Gerry Johnson in Exploring Corporate Strategy‚ is the tendency to develop strategies incrementally on the basis of historical and cultural influences‚ while failing to keep pace with a changing environment. In such circumstances the strategy of the organization gradually drifts away from the realities of its environment and towards an internally determined view of the world of management. Strategic drift
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Strategic Management Nokia Contents 1. Mission 2. Analysis of stakeholder 3. Identification of existing strategies 4. Internal audit A. Resources B. Competences C. Corporate culture D. Value chain E. Summary of what delivers competitive advantage F. Summary of Key strengths and weaknesses 5. External audit A. Remote Environment B. Operating environment C. Boston Matrix D. Summary of Key opportunities and threats 6. Identify strategic option 7
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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
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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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“Connecting People” slogan‚ Courtesy: Wikipedia Nokia Corporation is a Finnish multinational communications and information technology corporation. It is comprised of three operating segments: Devices & Services; NAVTEQ‚ and Nokia Siemens Networks. Devices & Services is responsible for managing the company’s portfolio of mobile devices‚ as well as related services such as applications and content. NAVTEQ is a wholly owned subsidiary of Nokia which provides digital map information‚ navigation
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Strategic planning and process of Nokia In this project I have covered various topics of marketing which are basically strategic planning‚ strategic planning process‚ the domestic strategic planning while the international strategic planning and also the difference among them. For more clearly understanding this topic I have also briefly discussed the case study of NOKIA. I have deeply studied Nokia’s strategic planning in India that is what all measures it took to grow and capture the Indian market
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Nokia Corporate Finance Julio Santiesteban 589550 November‚ 2012. Index • • • • • • • • • • • 2 Executive Summary Brief Firm Bio Corporate Governance General Economic Analysis Industry Analysis Competitive Analysis Financial Analysis Value Creation Analysis Conclusions and Recommendations Appendix References Page # 3 Page # 4 Page # 5 Page # 6 Page # 7 Page # 8 Page # 9 Page # 12 Page # 13 Page # 14 Page # 26 2 Executive Summary Nokia has been
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Strategic Alliance between Nokia and Microsoft Business Administration knowledge assists the implementation of the strategic alliance between Nokia and Microsoft from several aspects. To begin with‚ decisions about leadership are one of the most disturbing problems in the strategic alliance; interim leaders are appropriate solutions to the issue (Werther‚ 1998). Interim leaders are those haired from a third party‚ not belonging to the alliance partners. Compared to selecting a leader from one
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Drift Racing A New Era of Motorsports English Practical Course Anghel Adrian – Catalin American Studies II‚ Spaniola Drifting is a driving technique where the driver intentionally oversteers‚ causing loss of traction in the rear wheels‚ while maintaining control from entry to exit of a corner. A car is drifting when the rear slip angle is greater than the front slip angle‚ to such an extent that often the front wheels are pointing in the opposite direction to the turn. As
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1. What Nokia should do next http://web.ebscohost.com/ehost/detail?vid=2&sid=a1606512-2fe5-4502-b82f-c6387f85f619%40sessionmgr10&hid=21&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9h&AN=90188081 In the end‚ I decommissioned my £10 Nokia 1100 out of vanity three years ago. It had survived countless mishaps‚ including one memorable death-defying dive into a cup of hot tea. Unlike my iPhone‚ its battery could trundle along for at least a week and no app could be more useful than its built-in torch
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