Escolar Documentos
Profissional Documentos
Cultura Documentos
http://mba-lectures.com
MBA Lectures
Educating People For Tomorrow
Key success factors (KSFs) are those factors which influence the capability of industry players to flourish in marketplace. On the basis of these factors customers decide between the competing brands of rivals. Some of the important key success factors of NOKIA are given below:
Nokia manufactures mobile devices that are complements of Internet and communications sectors, with more than 123,000 labor force in 120 countries. It is the worlds biggest manufacturer of mobile phones and it has total of 15 manufacturing facilities. Nokia has greater utilization of fixed assets around the world which allow it to achieve over all low cost. It has innovative technology and efficient workforce which result in higher productivity and low cost design according to buyers specification.
q
Categories
Accounting Principles of Accounting Advance Research Methods Economics Macro-Economics Finance Introduction to Finance Management Principles of Management Strategic Management Marketing Principles of Marketing SWOT Analysis Others Sociology Statistics Descriptive statistics Supply Chain
r s
r s
r s
Innovative Activities
Nokias R&D has two objectives: long term and short term. Long-term activities comprise creating new and innovative products and technologies. Long-term actions further involve altering the method that the firm runs by innovating different methods of running the company. The short term activities comprise developing products to
r r s
assured key technologies rather than creating new technologies. Nokia runs R&D activities by interrelating with
s
research institutes, universities, other companies and standard bodies globally. In addition to research and development, it plays a strong part in influencing and monitoring the open standards used in its products.
r s
Recent Articles
Literature Review of Mutual Funds Importance of Corporate Governance
Capable Workforce
r
Nokias success depends on the dedication and talent of employees. Nokia has the robust and diversified workforce with different backgrounds. It has more than 55,000 personnel from 115 nationalities. Diversify workforce brings
http://mba-lectures.com/management/strategic-management/1120/key-success-factors-of-nokia.html (2 of 4)12/20/2012 4:14:56 PM
r
competitive advantage for Nokia. Diverse groups are more innovative and discover better solutions. Human Resources from diverse backgrounds bring insights into customer base throughout the globe while adding worth to Nokias business.
Popular Articles
Important Topics for Projects in Marketing 68,258 views Important Projects Topics in Finance - 50,868 views Porters Five Forces Model of Coca Cola 44,082 views Strategic Group Mapping of Retail Chains 41,571 views How to Pass Journal Entries - 35,236 views
Blogroll
MBA Tutorials
(1) Comment
Read More
Comments:
manoj says...
for project
There are (1) Comments for the Key Success Factors of Nokia
MBA Lectures |