This report provides a comprehensive analysis of Nokia's strategic management practices, focusing on the company's strategic planning, stakeholder expectations, and organizational performance. It examines the relationship between strategy, stakeholder expectations, and organizational performance, including an overview of the company's stakeholders such as consumers, employees, investors, suppliers, competitors, communities and government. The report also delves into VRIO and PESTLE analyses to evaluate Nokia's internal strengths and weaknesses and external environmental factors. Furthermore, it analyzes the current organizational structure, critically evaluates a proposed restructuring plan, and offers an executive summary. The report emphasizes the importance of aligning strategies with stakeholder expectations and adapting to changing market conditions to achieve competitive advantages and business growth.
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