Nokia reviews

It still remains a "Finnish" company All of the major decision are still made in Helsinki Emphasis on US market is minimal Glass ceiling - most of major senior positions are given to Finnish folks Needs to lead better - not only from technological, but from strategy perspective. Needs better partnership and JV Not-invented-Here syndrome sometimes shows up Too slow adopting new methodologies Needs to be more aggressive in acquisition strategies Needs to find the "next big thing" Needs to improve internal knowledge sharing

Nokia is too big to maneuver its way out of a wet paper bag. Because of the need to work in the (in)famous matrixed organization the common goals are not always so common. Perfect example is the schism that exists between the Services and the Devices business groups. The engineering mindset dominates the business culture in devices and is defined by a process oriented 100% quality requirement within a logistics/supply chain environment. Services as a counter point is required by market forces to be more nimble and move at "entreprenuerial speeds". Unfortunately these two cultures clash horribly and to enjoy a decent P/E ratio Nokia will need to become much more successful and rapidly accelerate it's Mobile SW and Services business unit. The fact though is that internally there is a great deal of doubt as to executive mgt's ability to make this happen in a satisfactory timeframe.