Nokia: Integrating Risk into Corporate Strategy

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Case Details:


Case Code : BSTA038 For delivery in electronic format: Rs. 500;
For delivery through courier (within India): Rs. 500 + Rs. 25 for Shipping & Handling Charges


Case Length : 16 Pages
Period : 1865 - 2004
Organization : Nokia
Pub Date : 2004
Teaching Note : Not Available
Countries : Global
Industry : Communications


Nokia, the world's largest maker of cell phones, realises the importance of analysing, reviewing and managing all the opportunities, threats and risks in relation to its corporate objectives. The principles documented in Nokia's risk policy and accepted by the audit committee of the board of directors cover different aspects of risk management.

All the employees are responsible for identifying and managing risks in their respective areas. The important risks identified by Nokia include technology risks, marketing risks, operational risks and financial risks.


  Page No.
Introduction 1
Background Note 1
Nokia's Business 4
Uncertainties Affecting Nokia 6
The Road Ahead 13
Exhibits -


Nokia, Risk management, Operational risk, Technology risk, Marketing risk, Financial risk, Intellectual property (IP) risks, Product liability, Regulatory risks, Foreign risk, Interest rate risk, Equity price risk

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