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  1.    #1  
    Hi all,

    FYI, it's an interesting read.

    Please use the link to find the rest of the article.

    Take care,

    Jay

    Stephen Elop's Nokia Adventure

    Market share dwindling, stock cratering, persistent takeover talk. How the CEO is trying to lead Nokia past its epic fail


    Stephen Elop's Nokia Adventure - BusinessWeek

    On a slushy morning in early March, Stephen Elop, a Canadian executive who built his résumé at U.S. technology companies, found himself in front of 2,000 Finns delivering a speech about failure. Six months earlier, Elop had been hired away from Microsoft (MSFT), where he oversaw the company's Office products, to lead Nokia (NOK), the world's largest manufacturer of mobile phones. At its peak, in 2002, it contributed 21 percent of all of Finland's corporate tax revenue, and its success over the past dozen years has fueled the nation's sense of possibility in the same way that General Motors (GM) once propelled the aspirations of the U.S. Elop's message to his employees in the factory town of Salo was that, despite the 450 million phones the company sold in 2010—402 million more than Apple (AAPL)—almost everything Nokia had done since 2007 was wrong.
    Last edited by ilovedessert; 06/03/2011 at 01:09 PM.
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group

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