![]() ![]() Nokia as a company is still going strong (while admittedly having lost much during the smartphone race) due to Nokia having its fingers in multiple ventures - phones were just its most publicly visible arm. Second, Microsoft did not acquire Nokia it acquired Nokia's Devices and Services Division. They will learn the lesson in a hard & expensive way.įirst, the photo in the article is of Steve Balmer, former CEO of Microsoft, not Nokia. Those who refuse to learn & improve, will definitely one day become redundant & not relevant to the industry. ![]() To be forced by others to change, is like being discarded. To change and improve yourself is giving yourself a second chance.You don’t have to do anything wrong, as long as your competitors catch the wave and do it RIGHT, you can lose out and fail. The advantage you have yesterday, will be replaced by the trends of tomorrow. However, if your thoughts and mindset cannot catch up with time, you will be eliminated.ġ. It’s not wrong if you don’t want to learn new things. The message of this story is, if you don’t change, you shall be removed from the competition. Not only did they miss the opportunity to earn big money, they lost their chance of survival. They missed out on learning, they missed out on changing, and thus they lost the opportunity at hand to make it big. ![]() They didn’t do anything wrong in their business, however, the world changed too fast. Upon saying that, all his management team, himself included, teared sadly. Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”.ĭuring the press conference to announce NOKIA being acquired by Microsoft, Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”. ![]()
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