“They are trying to survive,” said one analyst “They can’t continue like this.”
“This is harder than we thought and we’re having to make deeper changes,” says CEO Elop.
Question is; what would you do?
Preparing this fall’s Strategy courses at BI – Norwegian Business School. And Nokia will be one of the case studies. But rather than using HBR cases, we use the real world. Few cases are better than Nokia and its on-going struggles. This Bloomberg article lays out a great analysis.