2.3.2 Weakness One of the problems faced by Nokia is having difficulties to follow the change of customer trends and also in producing innovative products. Nokia has lack of appropriate innovation ability to change its strategies following the change of external environment requirements. Unfortunately, Nokia’s executives do not follow the market trend accurately where Nokia still applying the technology-oriented and product oriented strategies and ignored the needs of the customers which have changed nowadays as they use mobile phone as entertainment tool, not just for basic need for calling and texting. This makes Nokia product isolated from the current market. Business tactic of a company is very important
To compete with iPhone. But Nokia was reject it, because apple and Google was small player to the Nokia and Nokia emphasis of their larger product portfolio. Apple and Google was focus radical nature about new market, cloud computing and computing to mobile. But Nokia do not practice it. It was the starting point to crisis of Nokia.
Apple can do well to acquire growing cloud service company since cloud is clearly not its core competency. Social Media is another segment where Apple has been a laggard. Being a technology company, it cannot afford to lag behind its competitors in emerging technologies and future business potentials. Facebook, Google and Twitter clearly dominate the social media business and it is virtually impossible for Apple to acquire any of these businesses. It can do well to partner with any of these companies and make available any of its online services like facetime, iCloud or iTunes to the users at these social networking sites.
Given the current position Virgin Mobile is within the execution process, extensive analysis and research is required to effectively and adequately fulfill their underlying objectives. When analyzing a perspective industry to embark upon, it is important to evaluate the competition and the attractiveness of your company in comparison to the current offerings available. Therefore, in evaluating Virgin Mobile’s position in the mobile phone industry, it was important to note that the companies that currently occupy the market have the capital and market relevance. On the other hand, their complacency in the market place has shown in their reluctance to expand their target market. The vary factors that contribute to the attractiveness in a market
Consequently, it has been noticed that there are many negatives belongs to Nokia Company and they are mature phone market; the music service of Nokia has no clear sustainable advantages; and little involvement in to the music market. These features and characteristics of Nokia Company turned the company to be failure in their business. If Nokia Company should take these points as a serious in their business strategy, the company can become competitive in the
Download music Nokia was also an interpreter indication was likely a loss in their new music service. However, the company has determined that it received fair competition in Apple 's new and predictable market. Here is Apple 's strategic threat. In addition to the classic and unique iPod and iPhone models, there is nothing that can match the time of the competition. In 2007, that consumer of Sony, Philips and was Panasonic - and Nokia and Samsung as the major mobile phone manufacturer cheap electronic companies like Motorola, the new version was a very elegant, with more power of strength.
Not only that, competitors of Apple will start offering cheap and alternative technology in their own products and services at a much lower cost. This will affect customers loss of interest towards Apple products as they find it no longer unique (Slideshare, 2016). Technological advancement has always force Apple Company to invest a lot in technology as it is largely invested in product research and development field to push the product’s ranking into a much higher rank through their innovative side. For example, one of the most innovative and technologically product will be the IPod touch as it is a big step towards the replacement of basic mp3 (Slideshare, 2014). If Apple Company did not put any pressure towards the research and development department, it is clear to say that without the advance technology, the company will become obsolete.
(2014), there should be greater level of board involvement when: 1) the joint venture involves R&D activities; 2) the joint venture faces great environmental uncertainty. However, when there are great national cultural differences, the board involvement should be lower. In the case of Microsoft and Nokia, the main role of it is to develop and research on mobile phone, and the market and environment are uncertain because of the fierce competition and the fact that this is the first time they ally with each other. Moreover, as mentioned before, the cultural difference between Microsoft and Nokia is claimed to be large. Therefore, to sum up, the board involvement should be kept in a medium level with the advantage of both controlling and coordinating joint venture for parents and efficiency to give authority to local management (Reuer et al.,
To figure out what Nokia’s ‘secret formula’ for success, one needs to delve a little deeper into the inner workings of the Nokia Corporation. Analysts often attribute Nokia’s success to the following reasons: i) Nokia is very lucky; ii) Jorma Ollila is very smart; or iii) something about the way Nokia works makes it more pragmatic, more focused and more flexible than any of its competitors. No doubt, Nokia has been very lucky, especially with timing, but chance is a fickle success factor. Nor can one wholly attribute Nokia’s success, or for that matter any corporation, on its CEO. If neither these reasons are responsible, then one may conclude that it were internal decisions and policy-making that resulted in Nokia becoming the largest phone manufacturer of the ‘Pre-iPhone’ era.
The delay and conservatism of the BlackBerry are the main reason they gradually lost their position in market share. In modern world customer are no longer too focus on the hardware quality thing that BlackBerry done very well before the Apple and Samsung products have emerged in the market. Instead, the attention have shifted to software, program, application, content as well as the user friendliness in the user