Nokia Case Study Example | Topics and Well Written Essays - 3250 words

Nokia - Case Study ExampleBased in Espoo, Finland honorable the city of Helsinki, Nokia is the largest Finnish company with about half of the market capitalization of the Helsinki Stock switch over or OMX Helsinki playing a major role in the economy of Finland. Nokia have been rated opera hat Finnish brand and employer many times (Wikipedia, 2007).Nokia has research and emergence, manufacturing and sales representation in many continents with the Nokia enquiry Center sites in Athens, Helsinki, Tampere Oulu, Tokyo, Beijing, Budapest, Ulm, Bochum, Palo Alto, California, Bangalore, and Cambridge, Massachusetts. Its major production factories are located in Salo, Finland, Dongguan, China, Chennai, India, Komarom, Hungary and Ruhr, Germany. The Nokia Design Departure is at Salo, Finland (Nokia, 2006).Nokia is comprised of four business groups the fluent Phones, Multimedia, Enterprise Solutions and Networks. Its Mobile Phones provide expanding mobile voice and data capabilities crossw ise a wide range of mobile devices. Multimedia brings mobile experiences to consumers in advanced mobile devices and applications big people access and use of multimedia through a range of radio technologies. Enterprise Solutions scissure businesses and institutions a broad range of product solutions, including enterprise-grade mobile devices, security infrastructure, software and services and collaborating with companies to provide stubborn IP network security, mobilize corporate email and extend corporate telephone systems to Nokias mobile devices (Nokia, 2006).2Current situationIn its Annual Information Report, 2006 gained net sales of 41,121 million as compared to 2005s 34,191 million. The operating(a) profit increased from 4,639 million in 2005 to 5,488 million while its operating margin declined from 13.6 to 13.3%. The Earnings per take (diluted) is 1.05 from 0.83 (Nokia, 2006). By the end of 2006, Nokia already has 14 manufacturing facilities in nine countries around the world and research and development in 11 countries employing 68,483 persons.In January 25, 2006, Nokia reported a net sales growth of 11,701 million from its 2005 quaternary quarter 10,333 million. Its operating profit grew to 1,519 million from 2005 fourth quarters 1,368 million. Earnings per diluted share grew to 0.32 from 2005 fourth quarters .025. The quarterly and Annual Information reported the followingNet Sales by Business host Q4 2006EURm%Mobile Phones7 07660Multimedia2 13618Enterprise Solutions3053Networks2 18419Nokia Group11 701100Source Nokia, 20063Human ResourcesNokia reported to had a year-end employment of 68,483 in its global operationsSource Nokia, 2006While Nokia provided people friendly devices through their mobile phones and its features, Nokia have unceasingly earned the trust, respect and confidence of the Finnish as the most sought-after employer (Wikipedia, 2007). The HRMID (2004) also reported that Nokia apply its human resources policy in continuing it s success. The report noted that Nokias people policies have played a major role in keeping the company reach its 40% share on the