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Predicting industry inflections at Nokia Strategic modeling helps prepare for a downturn

Predicting industry inflections at Nokia Strategic modeling helps prepare for a downturn Purpose – Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – What would you do if your company was operating in an industry that was exceeding analyst predictions to grow by 30‐40 per cent a year and where all your competitors were upbeat about the future? For Nokia, the answer was to plan for a slowdown. And thanks to its industry‐analysis modeling this strategy proved to be the right one as it emerged as one of the leading telecommunications providers in early 2000. Practical implications – Provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Direction Emerald Publishing

Predicting industry inflections at Nokia Strategic modeling helps prepare for a downturn

Strategic Direction , Volume 24 (7): 3 – May 23, 2008

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
0258-0543
DOI
10.1108/02580540810877357
Publisher site
See Article on Publisher Site

Abstract

Purpose – Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – What would you do if your company was operating in an industry that was exceeding analyst predictions to grow by 30‐40 per cent a year and where all your competitors were upbeat about the future? For Nokia, the answer was to plan for a slowdown. And thanks to its industry‐analysis modeling this strategy proved to be the right one as it emerged as one of the leading telecommunications providers in early 2000. Practical implications – Provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Journal

Strategic DirectionEmerald Publishing

Published: May 23, 2008

Keywords: Market system; Mobile communication systems; Strategic management; Process management

References