In February 2011, Nokia announced an internal reorganization and it was widely reported. Investors.nokia.com (2011) reported the press release about this change. Research this Nokia reorganization and answer the following Questions:
Question 1: How would you describe Nokia's new organizational structure?
Question 2: Does it appear that they are changing their structure altogether or just â??upgradingâ? what they have?
Question 3: How will these changes help them to execute their strategy?
Question 4: What current market trends do you feel have affected Nokia so it must reorganize?
Question 5: Based upon current trends, can you offer any additional changes to their structure that will assist Nokia in executing their strategic plan?
Please include references.
Nokia's new organizational structure places the company in a forward moving competitive environment. As we know technology changes at a rapid pace and if Nokia wants to remain competitive they must continue to put fresh ideas into action. The new organizational structure is a strategic move that will help them reach increase profitability and remain relevant in the mass market mobile phone industry, and high-end smart phone.
Question 2: Does it appear that they are changing their structure altogether or just ...
Review of organizational structure, strategy, and executing strategic plan.