Strategic Management Report: The Rise and Decline of Nokia Company

This report provides a comprehensive analysis of the Nokia company, focusing on its strategic and operational challenges over the years. It examines the company's evolution, including its initial success, the strategic decisions made, and the factors contributing to its decline in the smartphone market. The report explores Nokia's business strategies, vision, and branding approaches, as well as the current strategic issues it faced, such as competition from Apple and the challenges of adapting to the changing market. It delves into the internal and external factors influencing Nokia's performance, including organizational structure, processes, and the impact of the external environment. Furthermore, the report offers recommendations for alternative strategies, emphasizing the importance of adaptability, innovation, and effective leadership in navigating a complex and competitive business landscape. The analysis includes an overview of the company’s rise and fall, providing recommendations for future success and references to relevant sources.