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Nokia Corporation: Ineffective Leadership

5047 Words21 Pages

1. Statement of Problem The purpose of this project is to study leadership style of two successful companies and two companies that failed because of the ineffective leadership. The companies that we have picked are mentioned below: 1. Nokia Nokia Corporation is a Finnish Multinational communications and information technology company. It is headquartered in Espoo, Uusimaa, in the greater Helsinki metropolitan area. It is one of the Fortune 500 companies with an annual revenue of €12.73 billion in 2014. The company focuses on large scale telecommunication infrastructure, technology development and licensing .In April 2014, Microsoft acquired the Nokia’s mobile phone business as a part of an overall deal totaling US $7.17 billion. 2. Kodak Kodak, is an …show more content…

As the company grew, each department became its own kingdom, and people were more concerned about their internal promotions rather that cooperating actively with other departments to produce innovative products rapidly. The company did not pay sufficient attention to the emotional undercurrents caused by internal competition for resources to develop a vast array of phone models for various market segments worldwide. The middle managers were satisfied to allow senior managers to believe that the deadlines, which were unrealistic, would be met for developing the Symbian software platform, and they did this because of a fear of losing social status .It was simply a case of them not wanting to upset others for fear of social retaliation and not wanting to show they had limitation both on a personal level and also at a company level. It was the failure of the CEO Olli Pekka Kallasvuo to be unable to influence his employees to achieve certain goals and work as a team. Nokia’s top managers kept on believing that the company was

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