The Decline and Fall of Nokia is a company profile book detailing the collapse of the mobile phone company Nokia. The author is David J. Cord, an American expatriate living in Finland.
Book for sale summary
The book covers the history of the company Nokia from 2006 to 2013, during the upheaval in the mobile device industry caused by newcomers Apple, Google and low-cost competitors. To a lesser extent it also covers Nokia Solutions and Networks, then a joint venture called Nokia Siemens Networks, during the same period.[1]
The book examines Nokia's decline and relaunch the mobile-phone market, culminating in the sale of its handset division to Microsoft. It attributes the fall to entrenched bureaucracy that stalled decision-making, destructive internal competition, and a failure to recognise the importance of lifestyle devices such as the iPhone. Other factors include Nokia's weakness in North America and a failed shift from hardware to services, exemplified by the Ovi initiative. Rather than a lack of ideas, the book argues, poor middle management prevented innovations from reaching the market.