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> Their phone company (Nokia) was the market leader until they got wrecked by an inability to innovate Until they got wrecked by ex-Microsoftie North American
by MagnumOpus 4y ago
> Their phone company (Nokia) was the market leader until they got wrecked by an inability to innovate
Until they got wrecked by ex-Microsoftie North American Steve Elop - who drove the company agains the wall so hard that many people who looked at it at the time said that it couldn't have been accidental...
- roenxi 4y agoAnd what do you think the board was thinking when they bought Elop in? They were thinking "Oh no, there is no way a European CEO will have enough experience in a real market to compete with this American juggernaut that is crushing us". They didn't bring Elop in because they thought they needed a steady pair of hands. They'd been caught out doing what great-grandparent says they do - sticking to the herd, playing safe, doing things the standard way and not innovating too hard.