Tuesday, December 25, 2018
'Nokia Analysis\r'
'IntroductionNokia is one of the largest telecommunication manufacturer companies in the world. They be recognized globally for their accredited and high quality products. Though they are a pioneer in manufacturing ready promises and the GSM technology, Nokiaââ¬â¢s profitability has been on the settle in recent eld. A diminution of market share in northwestward America of thirty-five part in March of 2008 to eight virtually and one tenths percent in April of 2010 highlightââ¬â¢s Nokiaââ¬â¢s decline (Wong, 2011).Synopsis of the situationNokia has been on a energize decline for the last few years due to outdated product picture and technology. On February 11, 2011, Nokiaââ¬â¢s revolutionary chief direct officer Stephen Elop announced a sore expeditious strategy to adopt Microsoftââ¬â¢s advanced further unproven windows phone as its primary smartphone in operation(p) frame (Wong, 2011). Nokiaââ¬â¢s flagship phone, the Vertu, has been a staple in the urban luxury market for the last eight years. Will Nokiaââ¬â¢s loyal client accept or reject this saucily move for their beloved devise.Key IssuesNokia was once an intentness leader, but as of recently prime themselves behind in the times. Nokia has several tonality issues that need to be addressed. The first is their shoplifting market share and brand preference. The c recede issue is the inability to deliver mod products in a timely manner.Define the ProblemThe Microsoft operating transcription is not a benignant over the customers that Elop thought that it would. Nokia has one phone that has been their flagship item for the last eight years. It is believed that devising the stir to the Microsoft operating trunk on that phone bequeath cause Nokia to lose the customers for that one touristed devise.Alternative solventsOne alternate solution that could be well received would be to scrap the Microsoft idea all together. The system could be re rest homed with the mo dern Android smartphone operating system. Android has a proven caterpillar tread record and is even more popular and used than iOS6 which is Apples current operating system.Selected resolve of the problemThe solution is to move forward with the takings of the phones with the Microsoft operating system. Nokia has always been on the gaucherie edge of technology. They did not get to the place that they are by following the trends. Nokia is a confederacy that sets the trends. Microsoftââ¬â¢s operating system is a viable option for the Nokia program andImplementationImplementing new technology in the piece of work can be an advantage to current job performance levels. You may dumbfound an increase in production and simplification of working man hours while adding well to the bottom line of the familys income statement. This could be the breeze in the arm that Nokia needs. Integrating this new technology in your current system without any disruption to the current workflow can prove to be challenging.You may run into problems with compatibility due to existing systems, hard-to-train workers or errors in the technology installation, all of which adds terms and time to the integration process (Simmons, 2011). thither are approaches you can take to take aim the integration of the new technology as seamless and frustration-free as possible. It is just a matter of careful planning and the fend for of the workers and vendors alike.RecommendationsIt is my recommendation that the Nokia stays the course. The new and better Vertu will be a greater success that its predecessor. It is time for the company to regain its place on prime of the leader board in the industry, and this new decision could take them there. Nokia will never be at the head of the bevy by following its competitors.ConclusionIn conclusion, I tactile property that that the current CEO of Nokia, Stephen Elop, should take the reins of this company and lead it into a new era. Elop has ste ady ideas and sound vision for the direction of the company. I feel that the customers that have been loyal to Nokia will continue to be loyal to the company. These customers transport something new and exciting. That excitement is what led them to Nokia in the first place. It is Nokiaââ¬â¢s job to sate that promise. There was some initial prejudicious reaction to the news of the direction of the company, but you can always expect some adversity with reposition. We do not change because it is the easy thing to do; we change because it is necessary. It is necessary to evolve to remain in existence.\r\n'
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