Dan Steinbock - The Nokia revolution: the story of an extraordinary company that transformed an industry, Volume 1

Cover

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The NOKIA Revolution

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The Story of an Extraordinary Company That Transformed an Industry

Dan Steinbock

A MACOM

American Management Association

New York Atlanta Boston Chicago Kansas City San Francisco Washington, D.C. Brussels Mexico City Tokyo Toronto

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This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

Library of Congress Cataloging-in-Publication Data

Steinbock, Dan.

The Nokia revolution : the story of an extraordinary company that transformed an industry / Dan Steinbock.

p. cm.

Includes bibliographical references and index.

ISBN 0-8144-0636-X

1. Nokia (Firm)History. 2. Cellular telephone equipment industryFinlandHistory. I. Title.

2001 Dan Steinbock

All rights reserved.

Printed in the United States of America.

This publication may not be reproduced, stored in a retrieval system, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019.

Printing number

10 9 8 7 6 5 4 3 2 1

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Finland has quite a few resources. Briefly put, there are two of them: the people and the trees. Exports are obligatory in the future as well. Things must be sold abroad so that living conditions will remain good domestically. This, in turn, requires that we have extensive experience in international business.... That is the greatest risk facing the Finnsthe small amount of international business experience .

Kari H. Kairamo , managing director, Nokia (1981)

How was it that an obscure Finnish company, Nokia, emerged as the number-two supplier of cellular telephones in the world, leaving European giants like Philips, Siemens, and Alcatel with mere crumbs?

G. Hamel and C. K. Prahalad , Competing for the Future (1994)

Until the 1980s, Nokia was a Finnish company, in the 1980s Nokia was a Nordic company and in the beginning of 1990s a European company. Now, we are a global company .

Jorma Ollila , president and CEO, Nokia (1997)

Nokia's strategic intent is to take a leading, brand-recognized role in creating the Mobile Information Society by combining mobility and the Internet, and stimulating the creation of new services .

Jorma Ollila , president and CEO, Nokia (1999)

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