5swot Analysisthe Word Swot Means Strengths Weaknesses Opportunities ✓ Solved

5 SWOT Analysis The word SWOT means Strengths, Weaknesses, Opportunities, and Threats. Therefore SWOT Analysis refers to a strategic planning framework used in the evaluation of an organization, a plan, a project, or a business activity (Gruel, 2017). SWOT Analysis is described as a significant tool for any situation analysis that would help the managers to identify organizational factors and environmental factors (Gruel, 2017). SWOT Analysis, therefore, has two dimensions which include: Internal and external dimensions (Gruel, 2017). The internal dimension involves organizational factors, also strengths and weaknesses whereas the external dimension involves environmental factors, also threats, and opportunities (Gershon, 2020).

The SWOT analysis is the process involves four sections which include the following: Strengths, Weaknesses, Opportunities, and Threats and it is the actual meaning of it. Strength and weakness are the internal factors whereas opportunities and threats are the external factors and measure which are more crucial characteristics in an organization (Gruel, 2017). The finding conducted from SWOT analysis it's of more important as they enable the organization to understand the crucial and ideal parts for a successful organization. The finding is more important as it helps to resolve the challenges that arise from the organization due to the failure of not knowing the SWOT analysis (Gruel, 2017). In the SWOT Analysis process, the strong and the weak aspects of company are identified by the examining of the research elements in its surrounding while the surrounding opportunities and threats are determined by researching the elements outside its surrounding.

Challenges facing Nokia according to SWOT Analysis The first and the greatest challenge facing the Nokia organization is the existence of weakness in their strategic planning. The Nokia Company had a very strong performance during the early years of the twenty-first century (Gershon, 2020). It was one of the greatest market leaders in many market sectors. This challenge led to a lapse in the strategy of the organization. The company failed to notice or to take action when the consumer needs started changing.

This finally led to the loss of momentum and market leadership in all market sectors (Gershon, 2020). If the company would have kept a close eye on their strategic planning processes, there would have managed to fight off competition from other company like Apple and Samsung. The failure to kept eye on a note that consumers were now looking for Smartphone devices led to a loss of initiative in the company (Gershon, 2020). Strategic planners in the company should find a way to overcome the challenge that has been foreseen and these changes in the marketplace. Nokia Company also faced weak innovation management.

The company goes on and failed in the area of innovation management. Where all indications at the time were that the Nokia Company was the global leader in mobile phone technology. This made the company consideration regards to the development of new technologies to satisfy consumer needs (Gershon, 2020). Nokia Company had outstanding innovations but lacked an overall strategy for harnessing this capacity. This made the company lose as companies such as Apple and Samsung, which are known for their innovative prowess and this makes them continue to grow in their market segments (Gershon, 2020).

The operational inefficiency of the company also led to a loss of market share in the period under review of their market segments and this makes other companies overcome them. The Strength of the company that is suitable in resolving the challenge the company face The biggest strength of the Nokia Company is that of its brand name. Where many consumers often opt for Nokia more than any other brand because of the reliability, durability, and creativity of their phones they provide (Gershon, 2020). Nokia company have many skilled and qualified team that collaborate with other company like Microsoft as it enable them to became solve the challenges they are facing due to the acquisition deal with expert (Gershon, 2020).

Also, the products that are offered by the Nokia Company and are available in all price ranges. In conclusion, SWOT is an important tool to understand the health of an organization to success. It also allows for decision-makers to identify not only where an organization stands, but also where they need to improve within the company (Gruel, 2017). This gives them the ability to be proactive people in the market while helping them remain competitive and increasing their market segments. References Gruel, E., & Tat, M. (2017).

SWOT analysis: a theoretical review. Journal of International Social Research , 10 (51). Gershon, R. A. (2020). Media Management and Strategic Planning.

In Media, Telecommunications and Business Strategy (pp. ). Routledge. Week 7 Assignment: Part II: How the Courts Address or Respect Our Rights as Citizens – Presentation Start Assignment Required Resources Read/review the following resources for this activity: · Textbook: Chapter 17. Also, Chapter 11 and 12 from Week 6 might still be relevant. · Lesson · Minimum of 2 scholarly sources in addition to the textbook. Instructions This is Part II of the assignment you submitted in Week 6.

Using the case outline (Part I: How the Courts Address or Respect Our Rights as Citizens) you submitted in Week 6, prepare and submit a presentation, which will either be a narrated PowerPoint, a Kaltura Video, or some other format as approved by your instructor. Be sure to verify the presentation format with your instructor before starting work on this assignment . The Powerpoint Point presentation will need to include: · Name the case · Discuss the facts of the case · Discuss the history of the case (what laws or legal action was taken) · Discuss the issues or the facts of the case and legal questions the court must decide · Discuss if the court's decision or holdings was for the plaintiff or for the defendant and what were the reasons for the decision? · Discuss the concurring and dissenting opinions from the judge or if a jury trial, the jury.

Important : In this assignment, you are expected to elaborate the points you made in the prior assignment in Week 6. This assignment will be graded on your strength to elaborate and explain the facts of the case and proper use of visual aids, good narration, and presenting to the case and how well you stick to the case. For example, if you are using the PowerPoint, you are also expected to include proper visuals that are relevant to the case. Do not copy-paste the outline into this and call it complete. Writing Requirements (APA format) · Length: The presentation must be 10-15 slides long if using PowerPoint (excluding cover and reference pages) or 3-5 minute long if using a video presentation. · 1-inch margins · Double spaced · 12-point Times New Roman font · Title page · References page (minimum of 2 scholarly sources in addition to textbook if cited) · Use the speaker notes to elaborate on the content on the slides BUSINESS STRATEGY BUSINESS ORGANZATION STRATEGIES BUSINESS ORGANIZATION STRATEGIES Angela Rodriguez MGT 450 Strategic Planning for Organizations May 24, 2021 Nokia Introduction The organizations’ structure and organizational structure The organizations’ structure determines the company’s business activities.

The activities in the organization currently are retail activities which includes the operational structures and how the organization is operating to promote the e-commerce market. The organization also has a structure on how it addresses the problems that are being faced currently including the pandemic and the need for social distancing. The organization has a culture that helps all the staff members to be able to implement all the changes that are needed for the organization to be able to perform effectively, (Zellner, 2016). The company’s culture has been incorporated effectively throughout the entire organization. The companies human resource management is strong and resilient to any defects that occur including handling incompetent staffs and letting go of any procurement and supply that is likely to affect the organizations general income.

Nokia is known for its hierarchical and a function-based system. This system entails the vertical lines and the command plus the authority that is set throughout the organizational structure. The employees are mandated to adhere to a specific culture. The organization also ensures that it has been able to fulfill the employees needs effectively by being able to incorporate the policies that have been set. Nokia performs perfectly as it is able to listen to the employees’ weeds through the management and incorporate the changes that are needed.

Nokia has opted to use the set structure so that they can be able to perform effectively amidst any economic challenges. Challenges that are being faced at Nokia The organization is currently facing low innovation and it is seen by customers moving and seeking services from competitors. This is due to the fact that the organization is still unable to provide services to all the people from all works of life. Nokia, like the rest of the world, is also going through the corona pandemic and this has greatly affected the organization selling and provision of services. With the lock downs and cease of movement that has been experienced through the whole world, delivery of supplies that are needed by the other branches has not been easy.

There has been increase on the rates for shipment as compared to the previous year’s making it even more difficult to ensure every branch has what they need. Another challenge that the organization is facing is the fact that the organization has a weak innovative management that is putting a lot of pressure and cost burden. The goals that the organization is aiming to achieve which entails provision of services at a low price is being affected by the organizations competition which is providing for a faster and efficient service to the customers (Frederick’s, 2010). In order to survive, they must compete, and they have not been competing. The organization is still using the old system which has been termed to be more rigid as compared to the other organizations that are providing for the same services, (Khederian, 2021.) Conclusion The current organizations plan is not working, and they need to be able to take care of the current market needs in order to compete.

Even though the organization is trying as hard as it can to go green, it is channeling its energy in the right direction but needs to be able to deal with the problems that it is currently facing (Rock, 2019). Work Cited Bianco, A & Zellner, W, 2016,†Is Nokia still Too powerful?â€, Businessweek, no. 3852, p.100 Frederick’s. 2010, “Sustainability and the importance of Kistler, M 2010, Nokia’s, Sustainability Initiatives Explained, viewed 24th May, 2021. Khederian, H.

2021, “Should AT&T or Verizon Try To Acquire Nokia In 2021?†Rock, J. 2019,†Can Nokia Succeed in the current competition? P11537, p. Nokia – Technology Industry Angela Rodriguez University of Arizona Global Campus MGT450: Strategic Planning for Organizations Robin McCart May 17, 2021 Nokia Technology Industry Nokia started its operation as a single paper mill operation where it focused on paper products, rubber boots, tires, television, and mobile phones. Their headquarter is based at Karaportti Espoo, Finland, after relocating from the initial Nokia house, at the Gulf of Finland located in Keilaniemi.

Nokia began their transition to telecommunications in the 1990s. By 1998 Nokia become the best-selling mobile phone brand with rapid success within the mobile industry. It became the most sought out and preferred supplier to produce the world digital terrestrial television set-top boxes. The Nokia mission statement is to connect people through its phone and the internet. It tries to connect people in various ways and designing experiences to meet consumer needs.

Its vision is to create, build and encourage people from all over the world to communicate with each other and create a world connecting everyone hence creating and transforming a giant planet into a small village. It helps in connecting and fulfilling people's needs in meeting their communication experiences. The company structure consists of the chairman as the head, followed by the overall managing director and then departmental directors heading various departments such as operations, human resource management, marketing, and chief financial officer (Simonen & Svento et al., 2020). The management and control of the corporation were divided among the shareholders at a general meeting where the leadership team was selected under the board of directors' recommendation.

The board of directors committee consisted of the personnel committee, audit committee, corporate governance, and nomination committee. The Finnish Companies Act framework manages the operations of the company. The company framework operates within the corporate governance guidelines. Nokia managed to gain brand personality and market shares because of its various designs, such as sets with rotating cameras, flip sets, and flat sets. Its values are purposely based on achieving together, respecting, trusting, having the right mindset, and working in informal and formal networks.

Engaging its customers in ensuring their needs are met and satisfied. The company's central values are a passion for innovation that's primarily basing its desires and dreams to connect to the future by venturing into technology innovation. It aims to work in ways to understand the world by encompassing what to offer to clients and how to do their business by impacting positive actions and behavior. The values influence the company in creating trust and developing teamwork that fosters cooperation at work (Lamberg et al., 2019). Nokia is among the oldest companies that has continued to gain strengths within the technology and communication field with a leading experience base.

It has mastered the market dynamics within the industry worldwide, given its over 100 years of existence in the market. It possesses among the most experienced and advanced personnel within the workforce. Its efficient and skilled workforce has enabled and steer its success journey. It dealing in various designs and products such as smartphones has helped build its reputation by providing quality handsets. Its solid and large distribution channel has also helped in its product distribution to various countries through the retail shops and gained trust due to its durable products.

Nokia's opportunity for further growth of the business entails ever-growing smartphones that can be countered with developing new features or redesigning the product to meet the industry's current trends. The company can still gain more of the high demand on smartphones and has an advantage over its strong brand image and reputation to continue venturing into the industry. The Nokia brand faces stiff competition from various existing companies and the new emerging brand. The current competitors consisted of Motorola, Samsung, and Apple. The new entrants creating stiff competition consist of Oppo, Meizu, and Oneplus.

These new entrants and the near competitors are spreading into the market fast and gaining a robust competitive edge hence acting as a significant threat to the Nokia brand. Given its strong brand and agility, it still can counter the competition around by increasing the customer experience with new products and features. Nokia's decline originated from rekindling Nokia's earlier drive and morale by deciding to reallocate leadership roles and entire organization restructuring. The change in top management from Jorma Ollila to Olli-Pekka Kallasvuo, where the new CEO focused more on traditional phones rather than immediately venturing into a smartphone. After realizing the declining market, Nokia opted to partner with Microsoft to produce the windows phone and abandon its long-serving operating systems partner, Symbian and MeeGo.

In 2012, there was a failure in introducing windows phone following the pack of smartphones (Lamberg & Tikkanen et al., 2019) Nokia failed to adapt to the merging new trends in software than hardware and decided to stick to its old ways and ignore the changing environment preference. Nokia missed its innovation vision and opted to shift to mass production of the phones, which lost focus on the innovation path. Other companies like Apple and Samsung took over the market. According to changing environment and trends, its failure to reposition itself did contribute to its decline and the top management's overconfidence. Less consideration of the changes and the rising competition played many roles in its descent.

Recently, they have been rumored to work on a 5g device which will make them a competitive force, especially with LG stepping out of the phone business to focus on other electronics. Reference Lamberg, J. A., LubinaitÄ—, S., Ojala, J., & Tikkanen, H. (2019). The curse of agility: The Nokia Corporation and the loss of market dominance in mobile phones, 2003–2013. Business History , 1-47.

Lamberg, J. A. (2019). Ringtone: Exploring the rise and fall of Nokia in mobile phones. Simonen, J., Herala, J., & Svento, R. (2020). Creative destruction and creative resilience: Restructuring of the Nokia dominated highâ€tech sector in the Oulu region. Regional Science Policy & Practice , 12 (5), .

Paper for above instructions

Introduction

SWOT analysis has emerged as a pivotal strategic planning tool across various industries, providing insight into internal organizational factors such as strengths and weaknesses, while concurrently evaluating external factors like opportunities and threats (Gruel & Tat, 2017). This discourse focuses on the SWOT analysis of Nokia, a telecommunications giant, to gauge its current standing in the rapidly evolving tech landscape.

Strengths of Nokia

Nokia’s brand name represents a significant asset in its portfolio. Renowned for reliability, durability, and enduring quality, it is a preferred choice among consumers (Gershon, 2020). This brand loyalty stems from a long history of high-performance devices, allowing Nokia to maintain a competitive edge, even amid evolving market dynamics. The company also boasts a robust workforce, comprising highly skilled professionals who collaborate with industry leaders like Microsoft through strategic partnerships (Gershon, 2020). This collaboration underscores Nokia’s commitment to harnessing external expertise for innovation.
Moreover, Nokia's extensive product range caters to diverse consumer demographics, offering devices across various price segments. This adaptability supports the company in capturing a wider customer base, which is critical in an increasingly competitive market environment.

Weaknesses of Nokia

However, Nokia faces significant challenges, notably in its strategic planning efforts. The company's sluggish adaptation to the shift towards smartphone devices led to a loss of market leadership, especially as competitors like Apple and Samsung rapidly developed and captured consumer interest in smartphones (Gershon, 2020). This failure to respond proactively to changing consumer preferences reflected a broader weakness in innovation management, which remains one of Nokia's most pressing internal challenges. Despite having historically groundbreaking innovations, the lack of a cohesive strategy to advance and capitalize upon these technologies has hindered Nokia's competitive stance (Gershon, 2020).
Another area of concern is operational inefficiency, which has resulted in a diminished market share. The company's struggles to modernize its operations and streamline processes have compounded its difficulties in navigating a landscape dominated by competitors with agile and innovative offerings.

Opportunities for Nokia

Despite its challenges, Nokia stands in a position to seize numerous growth opportunities, particularly in the burgeoning smartphone market. The ever-increasing demand for advanced mobile technology presents an opportunity for the company to innovate and re-establish its presence in this lucrative sector. The advancement of 5G technology could also be pivotal for Nokia, as it can leverage this evolution to create cutting-edge devices and solutions that resonate with consumers' increasing connectivity needs (Lamberg et al., 2019).
Moreover, Nokia's legacy in telecommunications places it at an advantageous vantage point for entering emerging markets where mobile infrastructure is critical. By realigning resources and R&D efforts towards leveraging its strengths in telecommunications, Nokia could cultivate a competitive edge.

Threats to Nokia

Nevertheless, the landscape is fraught with threats, particularly in the form of intense competition from both established and emerging players. Brands like Apple, Samsung, and Motorola continue to dominate market segments with their innovative prowess and marketing strategies. Additionally, newer entrants such as Oppo and OnePlus are rapidly capturing the market share, intensifying pressure on Nokia to innovate and adapt swiftly if it aims to regain prominence in the smartphone arena (Gershon, 2020).
Economic fluctuations and global crises, such as the COVID-19 pandemic, pose further threats. Supply chain disruptions and shifts in consumer behavior have significantly affected Nokia's operational capabilities, necessitating a robust response strategy to mitigate adverse impacts (Frederick’s, 2010).

Conclusion

In conclusion, the SWOT analysis reveals a multi-dimensional perspective on Nokia’s current strategic positioning. While the brand’s inherent strengths offer a solid foundation for growth, weaknesses linked to past strategic missteps present notable challenges. However, by embracing emerging opportunities and addressing existing threats, Nokia can work towards revitalizing its market presence.
Strategic interventions focusing on innovation management, operational efficiency, and consumer engagement will be vital as Nokia navigates the evolving technology landscape. By adopting a proactive approach and leveraging its historic strengths, Nokia has the potential to reclaim its status as a formidable player in the telecommunications sector.

References

1. Gershon, R. A. (2020). Media Management and Strategic Planning. In Media, Telecommunications and Business Strategy (pp. ). Routledge.
2. Gruel, E., & Tat, M. (2017). SWOT analysis: a theoretical review. Journal of International Social Research, 10(51).
3. Frederick’s, L. (2010). Sustainability and historical analysis: Nokia case.
4. Lamberg, J. A., Lubinaitė, S., Ojala, J., & Tikkanen, H. (2019). The curse of agility: The Nokia Corporation and the loss of market dominance in mobile phones, 2003–2013. Business History, 1-47.
5. Simonen, J., Herala, J., & Svento, R. (2020). Creative destruction and creative resilience: Restructuring of the Nokia dominated high-tech sector in the Oulu region. Regional Science Policy & Practice, 12(5).
6. Rock, J. (2019). Can Nokia Succeed in the Current Competition? Perspectives on the Mobile Phone Market.
7. Zellner, W. A. (2016). Is Nokia still too powerful? Businessweek, 3852, 100.
8. Khederian, H. (2021). Should AT&T or Verizon Try To Acquire Nokia In 2021?
9. Lamberg, J. A. (2019). Ringtone: Exploring the rise and fall of Nokia in mobile phones.
10. Lamberg, J. A., & Tikkanen, H. (2019). Nokia's innovation vision and its market implications post-2000.
This SWOT analysis highlights Nokia's need to adapt and realign its strategic focus towards innovation while preserving its core strengths to remain a significant player in the competitive telecommunications sector.