“Final phase” of Nokia going on… or gone?
Nokia , the Finnish corporation known for its technological innovations, embarked on a strategic journey under the leadership of Pekka Lundmark , the President and CEO. This three-phase strategy aims to reshape Nokia’s future and enhance its market position:
Reset : In this initial phase, Nokia is repositioning itself to deliver sustainable, profitable growth. The company is adapting its business to lead in an increasingly digitalized world. The focus is on resetting the business fundamentals, ensuring competitiveness, and laying the groundwork for future success1.
Accelerate : Building upon the reset, Nokia aims to accelerate its competitiveness. It has shifted away from an end-to-end approach and organized itself into four fully accountable, empowered business groups. Each group aligns with how customers buy, emphasizing market share growth and improved margins through technology leadership1.
Scale : The final phase involves scaling up Nokia’s lead in chosen markets. As widespread digitalization gathers speed, Nokia provides essential networking technology to enterprises, webscales, and governments. The company’s goal is to achieve double-digit comparable operating margins by 202312.
In summary, Nokia’s journey involves resetting its business, accelerating competitiveness, and scaling its impact in a rapidly changing world. Technology remains central to Nokia’s vision as it addresses fundamental challenges and shapes the future1.
Nokia 8/2021; 5,2 €
Nokia 12/2023; 2,9€
Aletaanko taas uudesta resetoinnista, jotta 6G saadaan “voitettua”?