As a staunch supporter of Nokia , I still believe that this Finix will rise from the ashes again. Like Apple which had lost a lot of ground in PC domain because of the dominance of Microsoft all over the world, regained it with its Iphone and Ipad products and is now way ahead of the competition, Nokia should also soon catch up again with the rest of the world .
If a company dwells on basic business operations like expense, procurement, supply and manufacturing they are in deep trouble. This is not a startup, which does not know these things. They have to concentrate on innovation, engineering and time to market. Since Apple is dominate at present they have to find their own niche or create their own niche. I think they can do it. I do not see much talk about innovations.
You are right on the basic stuff! It is organizational regression to go back to the basics instead of looking for areas of advancement. Nokia need to borrow a leaf from Apple that primed its own pump after loosing grounds on the PC to Microsoft. It found a niche in the Iphone and tablets products. Nokia just needs to either re-invent some of its poduct or look for gaps that it could fill and excel.
I am very curious to see the new wave of devices from Nokia featuring Windows.Depending on how their initial launch goes may determine the fates of both mobile initiatives of both companies.I tend to believe that they will make a positive splash as there is too much at stake.
You are dead on with your assessment. Nokia is not a startup company. They have been in the market for a long time. If they try to grow by going back to square one, they are headed in a very different direction. Nokia still has a lot of potential. They need to focus their efforts on research and innovations. Stop trying to play catch up to some of these companies by trying to knock the big guy (Apple) of the hill. Focus on developing products that will not only keep your current customers, but also bring in many new ones.
Nokia is not doomed yet. As long as Nokia is open to reworking its marketing strategies, it stands a good chance of remaining the dominant player in the handset market and perhaps even generating larger revenues..
@Dave: I am with you on this one. I think the Nokia-Microsoft deal to develop phones having Windows OS is probably an interesting thing to look forward to, and this may be the development that can get Nokia out of it's troubles.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.