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Nokia - key lessons to learn v2

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Navo Informatica
Navo Informatica

Nokia's CEO reflected that despite doing nothing wrong, Nokia lost its dominant position in the mobile phone market. While Nokia had been a respectable company, it failed to adapt quickly enough to changes in the industry and learn new skills as competitors grew more powerful and caught onto emerging trends. Those who refuse to learn and improve will eventually become irrelevant if their mindsets cannot keep up with the pace of change.

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Nokia - key lessons to learn v2
Nokia - key lessons to learn v2
But Lost Connection
Nokia CEO ended his speech saying this we didnt do anything wrong, but somehow, we lost. Nov 2015
Nokia has been a respectable company The y didnt do anything wrongin their business However, the world changed too fast Their opponents were too powerful They missed out on learning They missed out onchanging and thus
They lost the opportunity at hand to make it b Not only did they miss the opportunity to earn big money
they lost their chance of survival
LESSONS LEARNED
if you dont change, you shall be removed from the competition.
if you dont want to learn new things. However, if your thoughts and mindset cannot catch up with time, you will be
CONCLUSION
The advantage you have will be replaced by the trends of yesterday, tomorrow.
You dont have to do anything wrong, as long as your competitors catch the wave and do it RIGHT. And .
To be forced by others to change, is like being discarded. To change and improve yourself is giving yourself a
Those who refuse tolearn & improv will definitely one day become redundant &not relevantto the industry
And they will be learning the lesson in a hard & expensive way.
Content sourced from a press release & curated by Navo in corporate interest. Business Analytics Market Intelligence Knowledge Management LEARNING ADAPTING INNOVATINGKEEP Call +9714 2552545/ +97150 625 7239 (Dubai) ; +91 80 41144222 Email : haricharan.dtp@navoinc.com

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Nokia - key lessons to learn v2

  • 1. 123
  • 5. Nokia CEO ended his speech saying this we didnt do anything wrong, but somehow, we lost. Nov 2015
  • 6. Nokia has been a respectable company The y didnt do anything wrongin their business However, the world changed too fast Their opponents were too powerful They missed out on learning They missed out onchanging and thus
  • 7. They lost the opportunity at hand to make it b Not only did they miss the opportunity to earn big money
  • 8. they lost their chance of survival
  • 10. if you dont change, you shall be removed from the competition.
  • 11. if you dont want to learn new things. However, if your thoughts and mindset cannot catch up with time, you will be
  • 13. The advantage you have will be replaced by the trends of yesterday, tomorrow.
  • 14. You dont have to do anything wrong, as long as your competitors catch the wave and do it RIGHT. And .
  • 15. To be forced by others to change, is like being discarded. To change and improve yourself is giving yourself a
  • 16. Those who refuse tolearn & improv will definitely one day become redundant &not relevantto the industry
  • 17. And they will be learning the lesson in a hard & expensive way.
  • 18. Content sourced from a press release & curated by Navo in corporate interest. Business Analytics Market Intelligence Knowledge Management LEARNING ADAPTING INNOVATINGKEEP Call +9714 2552545/ +97150 625 7239 (Dubai) ; +91 80 41144222 Email : haricharan.dtp@navoinc.com