An organisational change can be achieved only bringing behavioural changes in the individuals of the organisation. Journal of Organizational Change Management, 20(6), pp.761-773. That time is up, and Nokia fans expect two models of Nokia-branded Android phones will be unveiled at the World Mobile Congress in Barcelona this month. To analyze employees’ response, resistance to change and difficulties faced by Nokia & GM 4. This case study informs the readers about an overview of the history of British Airways (Jick & Maury, 2011). As thought leaders, Nokia Bell Labs has a presence at most major industry events, whether we’re presenting our own work or exploring the research of partners. 2. Elhage will continue in his current role and as a member of the GLT until April 1, 2017, and will remain as an advisor to the company through May 31, 2017. Nokia CorporationStock Exchange ReleaseMarch 17, 2017 at 8.30 EET (CET +1), Nokia announces changes in its organization and Group Leadership Team to accelerate the execution of company strategy. Together, the company would develop smartphones using the Windows mobile platform: Symbian was officially dead. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industry's most complete, end-to-end portfolio of products, services and licensing.From the enabling infrastructure for 5G and the Internet of Things, to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Nokia announced changes in its organizational structure and Group Leadership Team (GLT), effective from April 1, 2017. 2. "These changes are designed to accelerate the execution of our strategy," said Nokia President and CEO Rajeev Suri. Monika Maurer, currently Chief Operating Officer of … Espoo, Finland - Nokia today announced changes in its organizational structure and Group Leadership Team (GLT), effective from April 1, 2017. Implementing change in a global company – Nokia & Complex Adaptive Leadership & Abilitie – GOLD WINNER OF THE 2017 EXCELLENCE IN PRACTICE AWARDS – How a partnership provided support for leadership development in a global company undergoing a major transformation For example there were many redundant employees who had no place to work in the. Other unknown or unpredictable factors or underlying assumptions subsequently proven to be incorrect could cause actual results to differ materially from those in the forward-looking statements. The organizational changes announced today include the separation of Nokia's current Mobile Networks business group into two distinct, but closely linked, organizations: one focused on products and solutions, called Mobile Networks, and the other on services, called Global Services. Under his direction, Nokia decided to sell the whole burdensome phone producing department to Microsoft. Source: Fortune.com. Managing Organizational Change HRM 587 Course Project – Week 4- Prepared by Lina Hijazi Professor Mary DuBoise Keller Graduate School of management 28 May 2015 It is normal for any organization to make certain momentous decisions that may affect its entire future, decisions like this concentrate on some of the major issues … "He has been a close friend and advisor through times both good and bad, and I fully support his desire for a change.". Khan, S. T., Raza, S. S. and George, S. Resistance to Change in Organizations: A Case of General Motors and Nokia 2017 - International Journal of Research in Management, Economics and Commerce. Key amongst these decisions was the reallocation of important leadership roles and the poorly implemented 2004 reorganisation into a matrix structure. Leadership changes announced today include the following: "From helping lead the transformation at Nokia Siemens Networks and creating a disciplined operating model that remains a competitive advantage, to being one of the driving forces behind the acquisition of Alcatel-Lucent and its fast and successful integration, Samih's contributions to Nokia have been remarkable," said Suri. The values of Nokia are customer satisfaction, respect for individuals, achievement and continuous learning. Maurer will join the GLT as a new member, reporting to Suri. Nokia is the leading mobile company all over the world which started their operation in the early 1980s. In addition, the company manufactures other consumer products like mobile networks, set-top boxes, and apparatus for broadband internet. Organisational Change at Nokia Change is an unavoidable process or a phenomenon. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Nokia’s sale to Microsoft included a pledge not to re-enter the phone market before 2017. How Nokia has Undergone a Serious Strategic Reformulation and Change Nokia is a Finnish conglomerate that manufactures mobile phones. +358 (0) 10 448 4900 Email: press.services@nokia.com. How Nokia used change management. Marc Rouanne, currently Chief Innovation and Operating Officer, will become President of the Mobile Networks business group, responsible for mobile products and solutions, including 4G, 5G, cloud core, small cells and other advanced mobile solutions. Figure 3 Nokia corporation. Espoo, Finland - Nokia today announced changes in its organizational structure and Group Leadership Team (GLT), effective from April 1, 2017. After the signing of the Act, many companies merged and made a big company called British Airways. Igor Leprince, currently Executive Vice President of Global Services, will take the role of President of Global Services, a new business group comprised of the Services organization that currently resides within the existing Mobile Networks business group, including company-wide managed services. Additional background on the new members of the GLT can be found at www.nokia.com/en_int/investors/corporate-governance/group-leadership-team. changes in technology and competition, in the market place. At the moment, the company is reorganizing their structure and design the plan to develop Nokia to the top once again. According to Black (2002) models of strategic change supports the business organisations to make the necessary changes in the existing system to achieve the organizational objectives. 1. Nokia Corporation Stock Exchange Release March 17, 2017 at 8.30 EET (CET +1) Nokia announces changes in its organization and Group Leadership Team to accelerate the execution of company strategy In September 2016, the acquisition was completed and by the end of January 2017, hundreds of layoffs were made. The Nokia Bell Labs 5G Certification Program is Nokia's premier training and certification program for anyone interested in learning and applying knowledge of end-to-end 5G. British Airways came into being in 1971 after the signing of the Civil Aviation Act. The organizational chart of Nokia displays its 200 main executives including Pekka Lundmark, Marco Wirén and Tommi Uitto × We use cookies to provide a better service. "These changes are designed to accelerate the execution of our strategy," said Nokia President and CEO Rajeev Suri. In this paper we will discuss Nokia’s struggle to find a sustainable approach to the Smartphone market. Major engineering and organizational moves will be made by Microsoft over the next month, according to CEO Satya Nadella. They will both remain on the GLT, reporting to Suri. The company was founded in 1865 as paper mill, but ventured into the telecommunication business after the Second World War. 3. By using this site, you consent to the use of cookies. Ultra Broadband Networks will be composed of the Mobile Networks, Global Services and Fixed Networks business groups. Marcus Weldon, currently President of Nokia Bell Labs and Chief Technology Officer, will retain those responsibilities and join the GLT as a new member, reporting to Suri. Nokia Confirms Microsoft Partnership, New Leadership Team, Organizational Changes 10 years Ahead of its Strategy and Financial Briefing in London, Nokia has shared some details on what it … Before it was a private company. Factors, including risks and uncertainties that could cause these differences include, but are not limited to:  1) our ability to execute our strategy, sustain or improve the operational and financial performance of our business and correctly identify and successfully pursue business opportunities or growth; 2) our ability to achieve the anticipated benefits, synergies, cost savings and efficiencies of the Alcatel-Lucent acquisition, and our ability to implement our organizational and operational structure as well as changes in our Group Leadership Team efficiently; 3) general economic and market conditions and other developments in the economies where we operate; 4) our ability to manage and improve our financial and operating performance, cost savings, competitiveness and synergies after the acquisition of Alcatel-Lucent; and 5) our ability to retain, motivate, develop and recruit appropriately skilled employees, as well as the risk factors specified on pages 69 to 87 of our annual report on Form 20-F filed on April 1, 2016 under "Operating and financial review and prospects-Risk factors", and in Nokia's other filings with the U.S. Securities and Exchange Commission. Nokia sites use cookies to improve and personalize your experience and to display advertisements. Leprince will join the GLT as a new member, reporting to Suri. Stock Exchange Release. (See Exhibit 2.) Corporate culture is also one of the term used by the above author to define working in an organization. PRESENTED BY ANJU DONY(M150011MS) DEEPAK VENUGOPAL(M150002MS) MARIA FRANCIS(M150032MS) PRAJNA S(M150025MS) 2. Moreover, Nokia Corporation supplies the motor industry with car speakers (Kautto 2009). Organizational Change on Nokia Some firms have had to change dramatically to stay in business. Manufacturing, supply chain and logistics, Cloud operations, management and orchestration, North America government relations and public affairs, Airtel and Nokia to collaborate on Industry 4.0 applications for enterprises, New consortium to develop a 5G and beyond strategic roadmap for future European connectivity systems and components, Live-stream: Network insights in the time of COVID-19 and beyond, Amortization of acquired intagible assets, Nokia and the United Nations Sustainable Development Goals, Our portfolio – energy efficient and climate-driven, Governmental and multilateral organizations, 2020 Ada Lovelace Honoree Anne Lee “Pioneering Software Engineer” in telecommunications technology, 2020 Ada Lovelace Honoree Paola Galli “Need for Speed” in the field of Silicon Photonics, Dr. Katherine Guo, Nokia’s 2019 Ada Lovelace Honoree, www.nokia.com/en_int/investors/corporate-governance/group-leadership-team. From the start of its formation, British Airways has problems that existed at many levels. As a result of these changes, all of which are effective from April 1, 2017, the Nokia GLT will consist of the following members: Rajeev Suri, Kristian Pullola, Monika Maurer, Basil Alwan, Bhaskar Gorti, Federico Guillén, Igor Leprince, Marc Rouanne, Ashish Chowdhary, Hans-Jürgen Bill, Kathrin Buvac, Barry French, Maria Varsellona and Marcus Weldon. Interviewees who experienced Nokia’s decline first-hand described to us how negative emotional dynamics at the very top harmed communication and strategic decision making. Strategic Change Rankings for 2017. Forward-Looking StatementsIt should be noted that Nokia and its businesses are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding:  A) our ability to integrate Alcatel-Lucent into our operations and achieve the targeted business plans and benefits, including targeted synergies in relation to the acquisition of Alcatel-Lucent; B) expectations, plans or benefits related to our strategies and growth management; C) expectations, plans or benefits related to future performance of our businesses; D) expectations, plans or benefits related to changes in organizational and operational structure as well as changes in our Group Leadership Team; E) expectations regarding market developments, general economic conditions and structural changes; F) expectations and targets regarding financial performance, results, operating expenses, taxes, currency exchange rates, hedging, reportable segments, cost savings and competitiveness, as well as results of operations including targeted synergies and those related to market share, prices, net sales, income and margins; and G) statements preceded by or including "believe," "expect," "anticipate," "foresee," "sees," "target," "estimate," "designed," "aim," "plans," "intends," "focus," "continue," "project," "should," "will" or similar expressions. ... Parker (2000) agrees that organizational culture is different to the place where companies have originated. "They will strengthen our ability to deliver strong financial performance, drive growth in services, meet changing customer demands in mobile networks, achieve our cost saving and ongoing transformation goals, and enable strategic innovation across our networks business.". We do not undertake any obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required. Get the latest news from Nokia delivered straight to your inbox. While Wal-Mart is currently undergoing a major organizational change since acquiring Jet.com, it’s certainly worth mentioning how their efforts are going thus far. Its market capitalization in July 2017 had increased more than 500% since the low point in July 2012. Organisational change the Elop way Having already made it plain that a complete overhaul was needed, Elop signed a strategic partnership with Microsoft. Managing Organizational Change : Hrm 587 1849 Words | 8 Pages. Nokia also announced changes in its Group Leadership Team (GLT), effective from April 1, 2017. From 2012-2017, we conducted in-depth interviews with 120 Nokia personnel, ranging in rank from upper-middle managers to board members and C-suite leaders. IP Networks and Applications will continue to be composed of the IP/Optical Networks and Applications & Analytics business groups. They have had to change their way again since the most successful period – 1990 to save the other parts of the company. Sundus Tanweer Khan et al, International Journal of Research in Management, Economics and Commerce, ISSN 2250-057X, Impact Factor: 6.384, Volume 07 Issue 1, January 2017, Page 16-25 Resistance to Change in Organizations: A Case of General Motors and Nokia Sundus Tanweer Khan1, Sarah Saleem Raza2 and Shaju George3 1,2 (MBA Student,University of Bahrain, Kingdom of Bahrain) … For the latest information on Bell Labs check out our press releases. He delayered Nokia’s management structure, creating a flatter organisation. A change in the organisation cannot be achieved by bringing changes in the group, teams or company. Some says that Nokia’s failure was because of unable to develop technology that suits market needs, but Nokia had technology for touchscreen before iPhone was launched (Birkinshaw 2017). In addition, the company's Chief Innovation and Operating Officer (CIOO) organization will be split, with its current operating activities moved to a newly-appointed Chief Operating Officer (COO) organization, innovation activities to Nokia's Chief Technology Officer and incubation to Nokia's Chief Strategy Officer. Customer satisfaction means how satisfaction is the customer with the effort of organisation in the marketplace. In 2010, Nokia’s financial … Journal. Form 20-F Item Number Form 20-F Heading Section in Document ... 16F CHANGE IN REGISTRANT’S CERTIFYING ACCOUNTANT "Over the course … "I am proud of what I was able to accomplish during my time at Nokia and leave confident that the company is extremely well-positioned for the future," said Elhage. Nokia has their dedicated sales and marketing personnel’s with logistic and sourcing functions. The company is popular for manufacturing mobile phones. Change failure of Nokia. Rouanne will remain on the GLT, reporting to Suri. ... moves, a partnership with Nokia to design better and cooler smart phones, turned out to ... change but someone from within the organization, such as Aetna’s Mark Bertolini, who has already envisioned or prototyped the future. Currently, the company dominates the mobile phone market with a market share of over 38.6 percent. March 17, 2017 at 8.30 EET (CET +1) Nokia announces changes in its organization and Group Leadership Team to accelerate the execution of company strategy. By continuing your navigation, you consent to their use. Nokia signed a strategic partnership with Microsoft, changed its homegrown operation system (Symbian) to Windows Phone platform and started to produce “real” smartphones with touchscreens. Nokia transformed itself from a nearly bankrupt mobile-device manufacturer to one of the world’s leading network infrastructure and technology players. Published on Feb 16, 2017. Monika Maurer, currently Chief Operating Officer of Fixed Networks, will assume the position of Group COO, responsible for Nokia's operating model, Global Operations (manufacturing and supply chain), procurement, implementation of cost saving and ongoing transformation activities, information technology, real estate, and quality. Between 2001 and 2005, a number of decisions were made to attempt to rekindle Nokia’s earlier drive and energy but, far from reinvigorating Nokia, they actually set up the beginning of the decline. Nokia began life as a lumber company, making the equipment and supplies needed to cut down forests in Finland. Case study of Nokia change. Nokia was one of the biggest failure of change. For example, Nokia Corporation introduced a new department called multimedia division due to changes in technology. The sites may also include cookies from third parties. To examine the practical implementation of change process in Nokia & GM. About Nokia Nokia is a global leader innovating the technologies at the heart of our connected world. www.nokia.com, Media Enquiries:Nokia CommunicationsTel. Nokia has adapted to this change by changing its organizational structure. To identify the driving forces of change for Nokia & GM. Nokia was a top supplier of mobile phones before the smartphone entered the mainstream and claimed 40% of the market share in 2007. The company will continue to report financial information for Ultra Broadband Networks, IP Networks and Applications and Nokia Technologies. A pair of researchers investigated this topic by doing a close analysis of Nokia’s severe strategic challenges between 2007 and 2013. Kotter’s eight step change model is such a model of strategic change which includes eight steps to ensure effective implementation of change. There was a press… The change in organization structure has been useful to the corporation (Sy, 2005). Published in: Education. Keeping in mind that, what will best suit the customers and what are their needs, Nokia rando… ORGANIZATIONAL CHANGE: A STUDY ON NOKIA 1. Keep up with the latest industry events, both virtual and physical, Collaboration spotlight: Alex Thomson Racing. 4C Organizational Structure Overview—This is Nokia—Organizational structure and reportable segments; Financial statements— ... NOKIA ANNUAL REPORT ON FORM 20-F 2017. With the integration of Alcatel-Lucent largely complete, Samih Elhage has decided to leave Nokia to pursue new opportunities. Kathrin Buvac, Chief Strategy Officer, will assume additional responsibilities for incubation of select new business opportunities, and Barry French, Chief Marketing Officer, will assume additional responsibilities for Health, Safety, Security and Environment. Nokia Corporation is an international communication firm whose headquarters are situated in Espoo. 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