Change: An Empirical Study On Nokia Presented by: Debleena Dutt Ravula Gayathri Ankita Bhattacharya Rahul Sekhar OLS. Group V. Sem IV “To improve is to change; to be perfect is to change often.” Winston Churchill (1874-1965) Why Nokia’s Organizational Changes Is Necessary ? Q3 2011 Market Share 23.9 22 2012 Market Share 2013 Market Share 24.6 18.7 19.1 13.9 8.3 3.2 S am s ung Nok i a A ppl e Source: Gartner (2014) 7.5 Major Organizational Changes In Nokia 199 0 Core Strategy 200
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or preferences of smart phones for each market segment and use this information to design or offer specific product that meet the behavior or preferences of the user in each market segment. This project helps in developing a segmentation scheme for Nokia Phones with the help psychographic segmentation. Our findings show that the resulted market segment can be identified based on the prices of the phones‚ interests‚ opinions and activities of the consumer. Contents Executive Summary 1. Introduction
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Mission statement “Reason for existing” 1. What do we do? We drill‚ we make pipes‚ we make wells‚ we help to clean the environment‚ 2. How do we do it? 3. Who for? We do it for our clients‚ for the countries and in the end for local people 4. Why do you do it? Values Triple A – grade system HSE – employee and environment orientated Quality and Ethics – product and customer orientated Performance – business and finance orientated Fancy words to use: The best‚ clear
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The Business Vision and Mission Chapter Two Copyright ©2013 Pearson Education‚ Inc. publishing as Prentice Hall Chapter Objectives 1. Describe the nature and role of vision and mission 2. 3. 4. 5. statements in strategic management. Discuss why the process of developing a mission statement is as important as the resulting document. Identify the components of mission statements. Discuss how clear vision and mission statements can benefit other strategic-management activities. Evaluate mission
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VICTORINO ALARCON PARIS‚ February 11th/ 2013 Mission and Vision in Institutions Companies summarize their goals and objectives in Mission and Vision statements. Both these things serve different purposes for the company but are often confused with each other. While a mission statement describes what the company wants now‚ the vision statement describes what the company wants to be in the future. A Mission statement talks about what the company is now. It concentrates on present; it defines the customer(s)
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I decided to choose a mission statement that was in the same industry as a business that I once owned‚ a construction company. I chose Elite Construction Company‚ Inc. which is located in Bolingbrook Illinois. Their mission statement said‚ "To provide exceptional services to the insurance industry and their clients‚ the property owner. We are committed to providing the highest level of professionalism‚ service response‚ and quality workmanship." After carefully reviewing their website‚ I believe
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Vision (orginal avail in website) LG Electronics continues to pursue its 21st century vision of becoming a worldwide leader in digital—ensuring customer satisfaction through innovative products and superior service while aiming to rank among the world’s top three electronics‚ information‚ and telecommunications firms by 2010. Mission The mission of LG is to provide the customers with utmost satisfaction through leadership. The fundamental policy of development is to secure product leadership
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A vision statement is sometimes called a picture of your company in the future but it’s so much more than that. Your vision statement is your inspiration‚ the framework for all your strategic planning. A vision statement may apply to an entire company or to a single division of that company. Whether for all or part of an organization‚ the vision statement answers the question‚ “Where do we want to go?” What you are doing when creating a vision statement is articulating your dreams and hopes for
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Political The Political factors relates to the factors which the government also affects such as government instability or rules and regulations which the business must follow. Nokia have recently moved one of its manufacturing facilities to India‚ and because of this it is important that Nokia follow the rules and regulations that are set in India‚ so that they can operate as efficiently as possible. The types of things they will have to be aware of is the minimum wage‚ the maximum hours a week
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Sears‚ Roebuck & Company COM 530 Abstract Sears‚ Roebuck & Company was once one of the largest retailers in the country. Their mission statement and cultural beliefs were something that they stood by firmly and gave their customers 100% customer satisfaction. Over the years‚ Sears have deviated from their original statements of what they promised their customers and employees. Because of this deviation their company perception and cultural views have completely
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