Strategic Thinking and Entrepreneurial Behavior Case Study

Strategic Thinking and Entrepreneurial Behavior - Case Study Example At the origination Nokia had nothing in common through mobile phones. No doubt, the company was familiar as a business producing authority. Soon after, at the end of last century, more advanced technologies had been brought to light, such as invention of rubber and other related substances used in chemical processes. This led to formation of the Finnish Rubber Works. Moreover, worth mentioning is the rapid innovation in electricity augmentation toward companies and factories, the huge improvement of which contributed not only to the inception of the Finnish Cable Works in 1912, but also to the production of cables for the telegraph business and, in fact, it supported the development of a quite new device- telephone. Then in 1960 Electronic Department was established, this led up the company to a new stage in telecommunication business. In 1967, with the contribution of both Finnish Rubber Works and Finnish Cable Works, the original manufacturing industry founded Nokia Corporation. Th e '60s are considered to be an important period in Nokia's achievements as the initial and very successful approach of Nokia to the telecommunication market. In 1980's Nokia became a well-recognized industry manufacturing... The '60s are considered to be an important period in Nokia's achievements as the initial and very successful approach of Nokia to the telecommunication market. In 1980's Nokia became a well-recognized industry manufacturing not only telephones but also tremendous numbers of TV-sets, computers and monitors of the best quality. The first mobile telephone network was presented in 1981, in Scandinavia. Due to the fact that the primary cell phones were heavy and bulky, in 1987 Nokia came up with a new idea of producing more hand portable mobile devices. From 1987 till July 1st 1991 Nokia and the operators succeeded in adjusting GSM (digital standard able to deliver data with excellent voice level) through the whole Europe. The '80s and '90s were years of further changes in Nokia Industry, such as the appointment of Jarma Ollila to lead the company who from then on concentrated only on telecommunications in new digital era of technology. 3. Products And Services Nokia Corporation offers a well-developed variety of products and services , which completely satisfy consumers' needs and demands. The client is given a choice of products used outdoor, such as mobile phones. Apparently, there are about 40 different models available in the present market. All of the handsets have elegant and modish design. In addition, most of the telephones are small and portable; others include cameras, radios and digital music players. Apart from cellular, Nokia offers also land telephones, pocket radios, computer hardware, digital TV receivers and satellite carriers. Furthermore, Nokia offers Network products and services that are grouped into specific categories : - Broadband Access - Core Network - Narrowband Access -