Nokia: Integrating Risk into Corporate Strategy


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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

Case Details:

Price:

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

Themes

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

Abstract:

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.

Contents:

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

Keywords:

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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