Nokia Management Essay

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111IBA Assessment 2: Report Report on Strategy Implementation at Nokia Prepared by: Sample Student s1234567 Due Date: Monday 5th August, 2013 (11.59pm Qld Time) TABLE OF CONTENTS Page 1. Introduction & Purpose of Report 1 2. Problem Identification 1 3.1 Lack of Strategy Implementation 1 3. Organizational Culture 2 4.2 Analysis 2 4.3 Nokia’s Complacent Culture 3 4. Organizational Structure 4 5.4 Analysis 4 5.5 Nokia’s Convoluted Structure 4 5. Recommendations 5 6. Conclusion 6 Reference List 7 Strategy Implementation at Nokia 1. Introduction & Purpose of Report Nokia has long been known as the leader of the telecommunications industry boasting an impressive history of adapting to market shifts. More than seven years prior to the release of Apple’s now infamous iPhone and iPad, Nokia had developed products of alarming similarity (Troianovski & Grundberg, 2012). However, in a move that sparked the demise of their market dominance, they released their product far before the market was ready (Troianovski & Grundberg, 2012). The tumultuous decade that followed was rife with ‘strategic blunders’, allowed by an ineffective corporate culture and structure (Troianovski & Grundberg, 2012, p.2). Thus, Nokia are now playing catch up in a market they had long anticipated (Troianovski & Grundberg, 2012). This report will investigate the separate roles of corporate culture and structure on the implementation of strategy within an organization. Furthermore, it will analyze relevant theories and functions of management, and recommend an appropriate course of action for Nokia to improve its strategy implementation. 2. Problem Identification Nokia’s major issue is a lack

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