The Decline and Fall of Nokia

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AuthorDavid J. Cord
CoverartistAnders Carpelan
LanguageEnglish
GenreCompany profile
The Decline and Fall of Nokia
AuthorDavid J. Cord
Cover artistAnders Carpelan
LanguageEnglish
GenreCompany profile
PublisherSchildts & Söderströms
Publication date
April 2014
Publication placeFinland
Media typePrint (hardcover)
Pages305
ISBN978-951-52-3320-2

The Decline and Fall of Nokia is a company profile book detailing the collapse of the mobile phone company Nokia. The author is David J. Cord, an American expatriate living in Finland.[1]

The book covers the history of the company Nokia from 2006 to 2013, during the upheaval in the mobile device industry caused by newcomers Apple, Google and low-cost competitors. To a lesser extent it also covers Nokia Solutions and Networks, then a joint venture called Nokia Siemens Networks, during the same period.[2]

The book examines Nokia's decline and relaunch the mobile-phone market, culminating in the sale of its handset division to Microsoft. It attributes the fall to entrenched bureaucracy that stalled decision-making, destructive internal competition, and a failure to recognise the importance of lifestyle devices such as the iPhone. Other factors include Nokia's weakness in North America and a failed shift from hardware to services, exemplified by the Ovi initiative. Rather than a lack of ideas, the book argues, poor middle management prevented innovations from reaching the market.[3]

Cord spreads the blame for Nokia's fall onto former CEO Olli-Pekka Kallasvuo, and the company's faulty organisational structure.[1] According to the book, the reason Nokia declined to switch to Android was because Samsung was much stronger and executives were afraid to compete against them in that ecosystem.[4]

The author discusses a theory that skewed decision making during the tenure as CEO of Stephen Elop was due to his conscious desire to do deals specially favorable to his former employer of Microsoft; Cord admits that Elop’s actions appear suspicious, but maintains that they were all logical at the time in the eyes of subordinate Nokia executives who agreed with the decisions [4]

Development

After the completion of the author’s first book in 2012, Mohamed 2.0: Disruption Manifesto, his Finnish publisher asked him to write a book about Nokia. Cord initially declined, because he was working on a novel and thought the time wasn’t right to write about the company. When his novel was completed he began work on The Decline and Fall of Nokia.[1]

Reception

References

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