Predicting industry inflections at Nokia: Strategic modeling helps prepare for a downturn

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

What would you do if your company was operating in an industry that was exceeding analyst predictions to grow by 30‐40 per cent a year and where all your competitors were upbeat about the future? For Nokia, the answer was to plan for a slowdown. And thanks to its industry‐analysis modeling this strategy proved to be the right one as it emerged as one of the leading telecommunications providers in early 2000.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2008), "Predicting industry inflections at Nokia: Strategic modeling helps prepare for a downturn", Strategic Direction, Vol. 24 No. 7, pp. 13-15. https://doi.org/10.1108/02580540810877357