Nokia: The Inside Story of the Rise and Fall of a Technology Giant Case Solution
It was their unwillingness to share unfavorable info with leading supervisors - who therefore stayed extremely positive concerning the organization's abilities - that created unreliable feedback and inadequately adjusted organizational actions that caused the business's failure. The scenario covers the duration from the early on 2000s to 2010, with a concentrate on 2007 (the intro of the iPhone) to 2010, the moment the CEO left.
The scenario analyzes the down spiral of Nokia, the mobile innovation giant that as soon as dominated the world, seen through the viewpoint of 'experts' - based upon consultations with Nokia managers at middle and leading management rank. They explain the psychological atmospheres of the development procedure that triggered temporal myopia - an extreme concentrate on short-term development at the expenditure of longer-term more useful activities. Nokia's once-stellar efficiency was weakened by crookeded cumulative worry: leading supervisors hesitated of competitors from competing items, while middle supervisors hesitated of their managers as well as their peers.
PUBLICATION DATE: September 26, 2016
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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