The paper 'Nokia Corporation as a Multinational Corporation of Longstanding and Illustrious History' is a perfect example of a management dissertation. To understand the influence of leadership and organizational culture on organizational change in large and well-established multinationals, Nokia Corporation was studied using the case study approach. Organizational change is a challenging managerial undertaking in many organizations, particularly when the desired effects are not achieved even after employing change strategies that appear to be well thought out. For companies that have a long-standing history and have employees who have to spend most of their professional lives therein, organizational change can be a desired transformation or an activity that would face heavy resistance to the point of either making or breaking the company.
Unfortunately, the type, frequency, and magnitude of the internal and external forces driving change, the resilience and adaptability of the organization, and the dexterity of the change stewards influence the success of the change undertaking, which in turn, can determine whether the organization prospers or is obliviated by the change process. Nokia Corporation is a multinational corporation of longstanding and illustrious history, which was almost decimated by industry forces and poor change management to the point where it is a pale shadow of its former self when it enjoyed market leadership in mobile telephony.
There is no doubt that the company suffered from cultural complacency, overconfidence in management, and untimely responses, which made it unresponsive to market forces thus stifling its innovation. Consequently, the company lost its market share to newcomers such as American Apple Inc and the Korean Samsung Group despite having changed leadership thrice and having engaged in organizational changes to address the unfamiliar industry environment. The objectives of the study are to: Identify the reasons that led to organizational change at Nokia Corporation and the purpose of change. Identify the key stakeholders involved and the role they played in the process of change. Describe, using relevant theory and/or framework, the process of change that occurred in Nokia Corporation. Describe how the changing organizational context influenced the changes that were undertaken at Nokia Corporation.
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