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radical initiatives like seating a bunch of kids on the board of directors This seems to be the clearest description of what this "plan" was about. A managemen

radical initiatives like seating a bunch of kids on the board of directors This seems to be the clearest description of what this "plan" was about. A management of a big company is not a government that you can overthrow. Moreover, doing this is absolutely unnecessary: unlike being a citizen, being an employee is voluntary. If you do not agree with your company's politics you can always quit. Nokia's case is special with this regard: for people living in Tampere there are virtually no options for alternative employment. They do have my deepest sympathy. As a side remark, I guess, nobody on HN doubt that Elop's business, strategic and management skills significantly exceed those of plan B authors. Turning to this "opposition" (pardon my political parallels) would be even worse for the company as a whole.

jarek 16y ago
> A management of a big company is not a government that you can overthrow. Strictly speaking, it is, but you do it with money, not ideas. Offer the Nokia board $20 or $30 per share and they will throw out the management and institute your own faster than you can say "revolution."
- sethg 16y ago
  Nokia’s current market cap is about US$34 billion, so the only people who can do this are the people who control institutions with massive quantities of money to throw around, such as... Microsoft.
  - jarek 16y ago
    If you had an absolutely iron-clad plan, it's not inconceivable that you might be able to raise the required money for an LBO. Doubling current stock price is probably out of question, but you might have some luck at least getting the board to look at your proposal. It would require much more than a blog post, though.
- deleted 16y ago
  [deleted]
- yummyfajitas 16y ago
  I don't know about Finland, but in the US there are many laws which make shareholder activism very difficult. It's not usually as easy as simply buying up 51% of shares and voting.

jarek 16y ago

> A management of a big company is not a government that you can overthrow. Strictly speaking, it is, but you do it with money, not ideas. Offer the Nokia board $20 or $30 per share and they will throw out the management and institute your own faster than you can say "revolution."

sethg 16y ago
Nokia’s current market cap is about US$34 billion, so the only people who can do this are the people who control institutions with massive quantities of money to throw around, such as... Microsoft.
- jarek 16y ago
  If you had an absolutely iron-clad plan, it's not inconceivable that you might be able to raise the required money for an LBO. Doubling current stock price is probably out of question, but you might have some luck at least getting the board to look at your proposal. It would require much more than a blog post, though.
deleted 16y ago
[deleted]
yummyfajitas 16y ago
I don't know about Finland, but in the US there are many laws which make shareholder activism very difficult. It's not usually as easy as simply buying up 51% of shares and voting.