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Analyst: Five challenges for new Nokia CEO

9/10/2010 10:34 PM EDT
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eewiz
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re: Analyst: Five challenges for new Nokia CEO
eewiz   9/16/2010 6:48:56 AM
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IMO its not too late for NOKIA to fix things. The entire buzz around smartphones revolves around the availability of useful/localized apps.& Apps are developed by 3rd party vendors based on number of phones/users which it can be installed in. Since Nokia still commands 40% market share, if they focus on to 1 OS, i.e. either Symbian^3/^4 or Meego and make it reasonably touch friendly & intuitive then i dont see why the developers wouldnt want to develop apps for these platforms.

alan.varghese
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re: Analyst: Five challenges for new Nokia CEO
alan.varghese   9/13/2010 11:32:20 PM
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Part of the problem is what Menon alludes to as Nokia's "engineering expertise". The company got into the mobile phone space in the early 80s, when cellphones were about the hardware & software to enable mobile telecom. Now it is all about the Internet, email, and social networking; so Nokia needs to start thinking top-down from the applications and content and user-experience. Elop's challenge is to hold on to some of the engineering legacy in order to preserve market share, even as he begins radical new design initiatives that reflect the requirements of today's mobile consumer.

garydpdx
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re: Analyst: Five challenges for new Nokia CEO
garydpdx   9/13/2010 8:19:39 PM
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Maybe Nokia will provide the smartphone platform that MS Windows Phone 7 desires. Certainly the choice of new CEO, and departure of the current smartphone division head, would help to expedite such a process.

yalanand
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re: Analyst: Five challenges for new Nokia CEO
yalanand   9/13/2010 4:21:04 AM
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So Nokia has become like a giant elephant taking lot of effort to put its next step ?

elctrnx_lyf
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re: Analyst: Five challenges for new Nokia CEO
elctrnx_lyf   9/12/2010 6:10:28 PM
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I have come across the comment from the external story where the Nokia engineer who wrote a book about Nokia mentioned that the company is big and it takes some time to change the things. (http://professional.wsj.com/article/SB10001424052748703597204575482902836750116.html) Elop, hired as new CEO for Nokia will have a challenge to change things and change them fast. Otherwise Elop will be leading a company which is going to be a company of low cost, highly rugged phones made for the low end market with lower margins.

yalanand
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re: Analyst: Five challenges for new Nokia CEO
yalanand   9/12/2010 4:27:11 AM
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I have been avid fan of nokia till I bought Samsungs Galaxy handset. Agree that nokia has the engineering capability, but surprising to know that they have failed to read the beat of market. Is it complecency or something else ?

chanj0
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re: Analyst: Five challenges for new Nokia CEO
chanj0   9/11/2010 9:13:48 PM
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I don't have any doubt on the engineering capability of Nokia. The business unit has been failing to react to market demand even though it has produced one of the first smart phones in the world. I am looking forward to the first MeeGo phone which is scheduled to release towards the end of 2010. I would like to see better MMI and better processing power from the device. On top of all these, I believe the US market penetration is crucial to Nokia's future.

KB3001
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re: Analyst: Five challenges for new Nokia CEO
KB3001   9/11/2010 9:10:48 PM
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I would not count Nokia out completely but I bet they will lose their market dominance. Great news for consumers and long may competition continue!

goafrit
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re: Analyst: Five challenges for new Nokia CEO
goafrit   9/11/2010 6:24:12 PM
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Move into mobile business services. The future of making phone looks not so exciting. They must look beyond core competence and look for new markets. IBM reinvented and today has a new business line. I think Nokia needs a to think if it can compete in this high end phone business.

Warren3
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re: Analyst: Five challenges for new Nokia CEO
Warren3   9/11/2010 5:41:42 PM
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At least Baolt touched on it with his comment, but to read what's here in the article you'd think that Satish Menon hasn't a clue on what Nokia's got in the works on several of the key challenge areas. Now I don't see anywhere in the article where there's been a repudiation of the direction that Nokia has already set in motion; "the question is if it is going to be too little, too late," but not wrong. So Elop seems like an excellent choice; move along with haste with what is right and without blinking, with a fresh eye find areas where more should be done and get it going ASA, and evaluate all aspects of the companies biz and make tough calls without dragging things out to the point where it's guaranteed to be too late. Feels to me like Nokia's got what it needs to be wildly successful. They do have market share, good engineering, and they're deeply involved in what is an amazingly popular segment with a tremendous growth outlook. Execute. Think big. Move fast. That's all they need do.

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