What Strategic Mistakes Did Nokia Make in The U
What Strategic Mistakes Did Nokia Make in The U
What Strategic Mistakes Did Nokia Make in The U
The strategic mistakes that nokia made which destroy the company reputation & they have
paid the price. In result of their failure. When after Apple introduced the iPhone in 2007, Nokia
still has no alternative. It did not anticipate changes in American consumer tastes, like flip
phones or touch screens.
Another major strategic blunder was that its models were based on a European
communications standard called GSM when roughly half the United States market used the
CDMA (code division multiple access) format.
Nokia did not anticipate changes in American consumer tastes, like flip phones or
touch screens. They were anxiously trying to determine their major problems. Nokia has start
using its partnerships with AT, Qualcomm, and Microsoft to expand their influence in the United
States. On one hand, this could be viewed as a growth strategy.
4. How could Nokia have done better at using strategic management? What does this
case story tell you about strategic management?
Most importantly, Nokia didn't comprehend the competitor's perspectives and when the new
contender enter the market . They are as yet utilizing their old strategy even Nokia didn't present
new smartphones in the market. Another mistake is Nokia neglects to comprehend the client's
taste which needs to move into smartphones.
While Nokia still does well in different nations, it has as of late battled in the US. Nokia's
greatest mistake in the US was that it didn't understand the adjustment in the clients' taste and the
patterns of moving into a smart telephone. Nokia thought it knew preferred what the client
needed over the clients themselves. Seeing the buzz made by the iPhone, Nokia disregarded the
developing affection for applications and touchscreens and accepted that its items were
unrivaled. Nokia's subsequent mistake is its oblivious mentality to contenders. Regardless of the
new contenders have entered the market, Nokia was all the while utilizing its old strategy with
no change or advancement procedure to it, and furthermore didn't offer any new activity
telephone to the buyers.