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RingtoneExploring the Rise and Fall of Nokia in Mobile Phones$
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Yves Doz and Keeley Wilson

Print publication date: 2017

Print ISBN-13: 9780198777199

Published to Oxford Scholarship Online: November 2017

DOI: 10.1093/oso/9780198777199.001.0001

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A Shooting Star

A Shooting Star

Chapter:
(p.1) 1 A Shooting Star
Source:
Ringtone
Author(s):

Keeley Wilson

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198777199.003.0001

No large industrial company has ever grown as fast as Nokia did in the 1990s and few have fallen quite as rapidly: Nokia’s mobile phone business went from posting record results in 2007 to almost dragging the whole company into bankruptcy in 2012. The opening chapter sets the scene with a brief history of Nokia’s journey. Three different lines of theoretical reasoning which could explain Nokia’s decline are discussed: unavoidable Schumpeterian creative destruction, organizational evolution gone astray, and a failure of managerial volition. The CORE dimensions used in the analysis of each chapter are introduced: Cognition (what leaders saw, how they interpreted it, conclusions they drew, and decisions made); Organization (operational actions, managers’ responsibilities, and relationships in the firm); Relationships (interpersonal element of how leaders complement each other, how well they work together, and the ambitions they harbor); and Emotions (critical to the quality of strategic sense-making and collective commitment).

Keywords:   short history, theories of decline, management, leadership, Nokia

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