Nokia and Finland

Strengths: Nokias innovative presence allowed it to be a commercialize leader in mobile phones. By providing the best reportage and largest selection of models Nokia became the world leader in digital phones with a market share of 31% in 2000. Nokia consistently searched for slipway to improve their product by setting up R&D facilities by leading universities and developing centers of excellence. Nokia developed the aboriginal value known as the Nokia Way. These four values tied into the Finnish national character and consisted of customer satisfaction, take note for the individual, achievement, and continuous learning. The Nokia Way proved to be successful as Nokia tapped into other countries. The gilds character was pragmatic, honest, quiet, and serious. Weaknesses: Beginning in the 80s Nokia began to invest in electronics such as TV manufacturing and suffered a severe loss. The financial blow couldve been prevented if the company had done a better analysis of the situation foregoing to acquiring several of the electronic companies. Also, in 2001 Nokia was having trouble belongings up with new industry standards surrounding the development of software product for PDA and palm pilot organizers.

Also, due to the size of the company, Nokia was countenance the concerns of nation for being such a large subroutine and cluster in Finlands economy. Opportunities: Being a salubrious player in the logistics of mobile devices, Nokia has the opportunity to increase their products functions and provided develop their Smart phone idea. Based on their general reach the company should be able to continue with their tangled supply chain and continue to market products worldwide. Also, since consumers are ever-changing to a wireless world the telecomm market should still be growing steadily with room for innovation and improvement. Threats: The recent outlet of the I-phone and redesigned models of the Blackberry seem to be stealing the market in the U.S. Nokia will need to unveil a... If you want to get a full essay, order it on our website: Orderessay

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