Possible Reasons Why Stephen Elop Was Not Chosen As Microsoft's

Total Page:16

File Type:pdf, Size:1020Kb

Possible Reasons Why Stephen Elop Was Not Chosen As Microsoft's Feb 06, 2014 09:53 GMT Possible reasons why Stephen Elop was not chosen as Microsoft’s CEO Many were expecting that ex-Nokia CEO Stephen Elop would become the next CEO at Microsoft. However, someone else was chosen to lead the Redmond firm. This was Satya Nadella. So what happened? ZDNet reports, “Elop was mentioned during early days of the hunt by many as the most likely to become the next Microsoft CEO -- especially in the period just after Microsoft announced its plan to buy Nokia's devices and services business. Elop formerly headed up Microsoft's Office business before joining its biggest Windows Phone partner. Microsoft is in dire need of a better mobile strategy. Boom. The next CEO has got to be Elop, a number of company watchers (and at least one of my reporting colleagues) predicted. “But then a couple of things happened. First, details about Elop's controversial post-Nokia compensation plans (inextricably intertwined with reports about his in-process divorce) went public. Then there was a sources-said report that claimed Elop was in favor of selling off Bing and the Xbox. Given Microsoft management's insistence that Microsoft couldn't and shouldn't abandon its consumer properties, those claims about Elop's supposed plans were damning. For the past few months, Elop's name seldom bubbled to the top of any rumored CEO candidate lists.” What now for Elop? The site says, “As things currently stand, it's business as usual. Elop is set to become head of Microsoft's expanded devices business, with Larson-Green and her troops reporting to him. Turner remains the COO, but not involved in centralized marketing (and only partially involved with OEMs), following last July's "One Microsoft" reorg. And Bates, the former CEO of Skype, remains head of business development and evangelism.” Were you rooting for Elop? Drop a comment below. About Phones Limited: A price comparison website for the latest mobile phone deals from over 20 leading UK mobile phones retailers and networks resulting in over 2 million deals compared daily. http://www.phoneslimited.co.uk/.
Recommended publications
  • Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010
    Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010 Key data ........................................................................................................................................................................... 2 Review by the Board of Directors 2010 ................................................................................................................ 3 Annual Accounts 2010 Consolidated income statements, IFRS ................................................................................................................ 16 Consolidated statements of comprehensive income, IFRS ............................................................................. 17 Consolidated statements of financial position, IFRS ........................................................................................ 18 Consolidated statements of cash flows, IFRS ..................................................................................................... 19 Consolidated statements of changes in shareholders’ equity, IFRS ............................................................. 20 Notes to the consolidated financial statements ................................................................................................ 22 Income statements, parent company, FAS .......................................................................................................... 66 Balance sheets, parent company, FAS ..................................................................................................................
    [Show full text]
  • Nokia Phones: from a Total Success to a Total Fiasco
    Portland State University PDXScholar Engineering and Technology Management Faculty Publications and Presentations Engineering and Technology Management 10-8-2018 Nokia Phones: From a Total Success to a Total Fiasco Ahmed Alibage Portland State University Charles Weber Portland State University, [email protected] Follow this and additional works at: https://pdxscholar.library.pdx.edu/etm_fac Part of the Engineering Commons Let us know how access to this document benefits ou.y Citation Details A. Alibage and C. Weber, "Nokia Phones: From a Total Success to a Total Fiasco: A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed," 2018 Portland International Conference on Management of Engineering and Technology (PICMET), Honolulu, HI, 2018, pp. 1-15. This Article is brought to you for free and open access. It has been accepted for inclusion in Engineering and Technology Management Faculty Publications and Presentations by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. 2018 Proceedings of PICMET '18: Technology Management for Interconnected World Nokia Phones: From a Total Success to a Total Fiasco A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed Ahmed Alibage, Charles Weber Dept. of Engineering and Technology Management, Portland State University, Portland, Oregon, USA Abstract—This research intensively reviews and analyzes the management made various strategic changes to take the strategic management of technology at Nokia Corporation. Using company back into its leading position, or at least into a traditional narrative literature review and secondary sources, we position that compensates or reduces the losses incurred since reviewed and analyzed the historical transformation of Nokia’s then.
    [Show full text]
  • Mallinson on Why Some SEP Owners Generate Much Higher Royalties Than Others, 14Th May 2019
    Mallinson on why some SEP owners generate much higher royalties than others, 14th May 2019 Large differences in FRAND rates and royalty payments are legitimate and pro-competitive Cellular technology companies with substantial device businesses — including Huawei and Samsung today, and Nokia until it sold its handset business in 2014 — generate no more than modest net licensing revenues, despite the significant Standard-Essential Patent (SEP) portfolio sizes they have declared. Crucially, they must also cross license their manufactures against infringement of other companies’ patents. Companies without significant device businesses, including Qualcomm and InterDigital, have no such overriding need to barter their intellectual property. Instead, their businesses are focused on licensing cellular and smartphone patents for cash, upon which their technology developments crucially depend. Exhibit 1: Many licensing deals are largely barter, with reduced or no cash payments SEP licensors do the costly technology developments that make new generations of standards including 3G, 4G and 5G openly available to all Original Equipment Manufacturers (OEMs): however, since 2011, if not earlier, none of the former has received, in licensing revenues, even as much as an average of $4.50 per phone or a few percent of global wholesale handset sales revenues, for example, totalling $398 billion in 2018. Aggregate royalties paid to all licensors have averaged less than five percent. In contrast, Apple has taken up to 43 percent revenue share with its iPhone sales and other leaders Samsung and Huawei are also currently in double digits. FRAND rates and net payments in cash The question of what levels of royalty rates should be deemed Fair Reasonable and Non- Discriminatory (FRAND) for licensing SEPs in cellular technologies has loomed large in commentary on the recent US Federal Trade Commission (FTC) v.
    [Show full text]
  • Nokia and Microsoft Join Forces in Smartphone War
    NOKIA AND MICROSOFT JOIN FORCES IN SMARTPHONE WAR On the 11th of February 2011, Nokia Corporation announced the alliance with Microsoft Corporation, unveiling their aggressive strategy to challenge Google and Apple for domination of the hot smartphone market. In this strategic alliance, Nokia will use Microsoft’s mobile operating system (OP) Windows Phone on its smartphones. As per the deal, Windows Phone would replace Symbian as the primary OS on Nokia’s phones and Nokia would pay royalties to Microsoft for using its OS. Microsoft would in turn provide support to Nokia in selling its new Windows Phone powered smartphones. Nokia’s Canadian CEO, Stephen Elop, and Steve Ballmer, his Microsoft counterpart, announced that Nokia would make Windows Phone its main phone platform, a move that effectively confirms that Nokia’s own platforms, Symbian and MeeGo, were uncompetitive and they would be tossed onto the technology scrap heap. There were mixed reactions from analysts to the alliance between Nokia and Microsoft. The challenge before the senior management at Nokia and Microsoft was how to make the alliance work. Nokia once dominated the market for standard “feature phones” and smartphones, the Internet- enabled, multi-media devices that are becoming must-have tools for the business and high-end consumer markets. But Nokia’s Symbian OS has not proved popular with consumers, who have been migrating en masse to Android and Apple phones. As a result, Nokia began to face severe competition from companies like Google, Inc. and Apple, Inc. who entered the market for high-end smartphones after 2007. Analysts said Nokia’s poor focus on software and the lack of the latest OS on its smartphones were the main reasons for its declining market share in the last years.
    [Show full text]
  • Nokia Vuonna 2010 Hallituksen Toimintakertomus Ja Nokian Tilinpäätös 2010
    Nokia vuonna 2010 Hallituksen toimintakertomus ja Nokian tilinpäätös 2010 Tunnuslukuja ................................................................................................................................................................. 2 Hallituksen toimintakertomus 2010 ..................................................................................................................... 3 Tilinpäätös 2010 Konsernin tuloslaskelma, IFRS ................................................................................................................................ 16 Konsernin laaja tuloslaskelma, IFRS ...................................................................................................................... 17 Konsernitase, IFRS ...................................................................................................................................................... 18 Konsernin rahavirtalaskelma, IFRS ........................................................................................................................ 19 Laskelma konsernin oman pääoman muutoksista, IFRS ................................................................................ 20 Konsernitilinpäätöksen liitetiedot ......................................................................................................................... 22 Emoyhtiön tuloslaskelma, FAS ................................................................................................................................ 66 Emoyhtiön tase, FAS .................................................................................................................................................
    [Show full text]
  • Case Finland & Nokia Crisis and Transition
    Case Finland & Nokia Crisis and Transition ________________________________________________________________________________ Professor Örjan Sölvell at the Stockholm School of Economics (SSE), Center for Strategy and Competitiveness (CSC), prepared this case in collaboration with MIB students Pontus Gustafsson, Alexander Kronvall, Conrad Wüller and Yi Zhang, based on public sources and expert interviews. The case is developed for class discussions in the course “On Strategy and Competitiveness”. First published by CSC in Sweden 2016. All parts of this case may be reproduced, stored in at retrieval system and transmitted in all forms: electronic, mechanical, photocopying, recording, or other. The case may be lent, resold, or hired out without the publisher’s consent. An accompanying textbook can be downloaded for free at: http://www.clusterobservatory.eu/index.html#!view=documents;mode=one;sort=name;uid=77c78ae7-ec99-45a8-bfbf-ad89640f250b;id= This case is a continuation of the HBS Case “Finland and Nokia: Creating the World´s Most Competitive Economy” (9-702-427) by Örjan Sölvell and Michael E. Porter. 1 Finland & Nokia: Crisis and Transition ”Ten years ago we felt as if we could not do anything wrong. Then 2008 came with the smart phone, Lehman Brothers that went broke, and a war in Georgia that shook Europe” – Alexander Stubb, PM of Finlandi Nokia in Transition On September 16, 2013 a leading business journalist in Sweden wrote “Nokia´s belly flop is still an unsolved mystery” ii. The company had lost 90% of its stock value in just six years. Nokia had been a world leader for decades in Telecoms, particularly in the mobile phone segment, and now the company was selling the handset business to Microsoft, which was known to be doing poorly in this segment.
    [Show full text]
  • Performance Ritual and the Design of Mobile Devices
    Performance ritual and the design of mobile devices Submitted by Kym R. Campbell th 30 May 2016 Thesis submitted in partial fulfilment of the requirements for the degree of Doctor of Philosophy at the University of Canberra, Australian Capital Territory, Australia Abstract This thesis argues that concepts of secular ritual, drawn from the work of Erving Goffman and James Carey, can provide a useful way of understanding the relationship between the production and design of mobile devices and their use, and hence provides further insights into the broader relationship between mobile technologies and society. This argument is developed by reviewing scholarship on the relationship between technologies and society, before engaging with ritual as a secular concept and a way of understanding human relations with technology. James Carey's work on ritual and communication is key to linking technology with ritual, while Erving Goffman's work on ritual and performance provides a way to develop a framework for further analysis. The ritual performance-oriented framework is described here as the theatre of design, and acts as a metaphor for describing the dynamic between society and the mobile device. In essence, this approach argues that we can understand our relationship with mobile devices as a performance in which the device can be a prop, users can be thought of as actors, and designers take on the role of director. To develop this framework further, the device is examined through a sociocultural lens. Du Gay et al’s circuit of culture is utilised to illustrate how meaning comes to associate with the technology.
    [Show full text]
  • Nokia Launches Cheaper Windows Smartphone 25 February 2013, by Peter Svensson
    Nokia launches cheaper Windows smartphone 25 February 2013, by Peter Svensson performance of any smartphone at this price point," Nokia CEO Stephen Elop said at an event in Barcelona at the start of the Mobile World Congress, the world's largest cellphone trade show. Elop made a bold bet two years ago to switch Nokia to Windows software for its high-end smartphones, a decision that has been helped by financial support from Microsoft. Windows Phone 8 provides a distinct look, but so far it hasn't convinced many consumers to switch from iPhones or Android phones. Nokia was the world's third-largest maker of smartphones last year, according to research firm Nokia CEO Stephen Elop gives a press conference in IDC, but most of its sales consist of older, simpler Barcelona today. Nokia, once the leader of the mobile non-Windows smartphones, a dwindling market. phone world, has unveiled two new Windows Phone- based Lumia smartphones aimed at the cheaper end of "It hasn't always been easy," Elop told reporters the market. and analysts Monday. "In fact, I can say at times it's been very exciting." Elop also revealed the Lumia 720, a higher-priced Nokia unveiled a cheaper model in its Lumia smartphone for countries like China that lack smartphone range, powered by Microsoft's advanced wireless data networks. He said China Windows phone software, as it tries to regain Mobile, the world's largest cellphone company, will dominance in emerging markets like China. sell both models. The Finnish cellphone maker, which until recently Copyright 2013 The Associated Press.
    [Show full text]
  • Nokia to Transfer 2800 Staff to Accenture
    Nokia to transfer 2,800 staff to Accenture 22 June 2011, By MATTI HUUHTANEN , Associated Press (AP) -- Nokia Corp. said Wednesday it has It said the plan includes to develop platform services completed a deal to outsource Symbian software and local commerce services for device development to Accenture, including the transfer of manufacturers, application developers, Internet 2,800 workers to the global management- services providers, merchants and advertisers. consulting firm. CEO Stephen Elop said that focusing on location The announcement came two months after Nokia and commerce was "a natural next step" for the disclosed the plan as part of its aim to cut costs by company. $1.5 billion (euro1 billion) by 2013, including 7,000 global layoffs, and catch up with top rivals in the "We will provide next generation social-location tough smartphone market. applications and commerce to differentiate Nokia," Elop said. "We also aim to extend our content and The Finland-based company faces strong services offerings to all consumers by making them competition from Research in Motion's Blackberry, available to partners and customers on a wide Apple's iPhone and Google's Android, as it variety of devices and operating systems." continues to see market share fall. Last month it issued a big profits warning. Since 1998, Nokia has been the biggest seller of cell phones, but in the first quarter of this year Nokia's share price has plunged in recent months Apple overtook it as the world's top handset vendor and recently has been trading at multiyear lows of in revenue terms - reaching sales of $11.9 billion on around euro4.20 ($6.05).
    [Show full text]
  • Open Letter from CEO Stephen Elop, Nokia and CEO Steve Ballmer
    Open Letter from CEO Stephen Elop, Nokia and CEO Steve Ballmer, Microsoft 10 Feb 2011 8:51 PM Today in London, our two companies announced plans for a broad strategic partnership that combines the respective strengths of our companies and builds a new global mobile ecosystem. The partnership increases our scale, which will result in significant benefits for consumers, developers, mobile operators and businesses around the world. We both are incredibly excited about the journey we are on together. While the specific details of the deal are being worked out, here’s a quick summary of what we are working towards: • Nokia will adopt Windows Phone as its primary smartphone strategy, innovating on top of the platform in areas such as imaging, where Nokia is a market leader. • Nokia will help drive and define the future of Windows Phone. Nokia will contribute its expertise on hardware design, language support, and help bring Windows Phone to a larger range of price points, market segments and geographies. • Nokia and Microsoft will closely collaborate on development, joint marketing initiatives and a shared development roadmap to align on the future evolution of mobile products. • Bing will power Nokia’s search services across Nokia devices and services, giving customers access to Bing’s next generation search capabilities. Microsoft adCenter will provide search advertising services on Nokia’s line of devices and services. • Nokia Maps will be a core part of Microsoft’s mapping services. For example, Maps would be integrated with Microsoft’s Bing search engine and AdCenter advertising platform to form a unique local search and advertising experience • Nokia’s extensive operator billing agreements will make it easier for consumers to purchase Nokia Windows Phone services in countries where credit-card use is low.
    [Show full text]
  • Nokia's New Flagship N9 Gets Mixed Reviews 22 June 2011, by Philip Lim
    Nokia's new flagship N9 gets mixed reviews 22 June 2011, by Philip Lim them. "Being a user of Apple, an iPhone, this is light years ahead of what iPhone 3G does," declared Paul Krzystoszek, operations and marketing manager for Australian Satellite Communications. "The ease of use... the intuitive nature of swiping across the screen instead of using a button, there's no button on it, the plastic casing, I think they're all things that make it a lot better than what we have already," he told AFP after trying the phone at the Nokia booth. "Awesome" was how Shahiran Jaafar, chief executive officer of Malaysian firm Microtel Nokia's MeeGo-based N9 handset Systems and user of an iPhone 3G, described the N9. Nokia's latest attempt to win back market share with its N9 phone received mixed reviews Wednesday but analysts said the real test will come when it releases new models using the Windows Phone 7 operating system. Fans lauded the N9's ease of use without any "home" button -- a feature of the iPhone and other rivals -- while detractors mocked what they saw as its outdated Meego operating system. Unveiled by Nokia chief executive Stephen Elop at the CommunicAsia telecoms fair in Singapore this week, fans crowded around the company's booth to try out the device. The N9 has a 99-millimetre (less than four inches), A Nokia N9 smartphone is displayed at the 854 x 480 pixel display and weighs 135 grams CommunicAsia exhibition and conference in Singapore. (less than five ounces), putting it clearly in iPhone Nokia's latest attempt to win back market share with its territory.
    [Show full text]
  • Nokia CEO: Co. to Get Billions from Microsoft 13 February 2011, by PETER SVENSSON , AP Technology Writer
    Nokia CEO: Co. to get billions from Microsoft 13 February 2011, By PETER SVENSSON , AP Technology Writer (AP) -- Nokia Corp. will get billions of dollars from contributing its Ovi mapping service and will be Microsoft Corp. to ditch its current smart-phone paying Microsoft royalties for the use of its software in favor of Windows Phone 7, Nokia CEO software, as other manufacturers do. It will save Stephen Elop said Sunday, in a defense of the money by not continuing development of its own deal. software. The net benefit is still in the billions, he said. Nokia, the world's largest maker of phones, and Microsoft announced their alliance Friday. Both Analysts believe Google pays manufacturers to use investors and employees reacted with dismay: Android, but no figures have come to light. Nokia's stock dived 14 percent and Finnish employees used flex time to go home early. Elop was hired in September to shake things up at Nokia, but he may face an uphill battle in getting On Sunday, a day ahead of the start of the Mobile employees on board. At the Barcelona event, Elop World Congress cell phone trade show in was asked whether he's a "Trojan horse" - a Barcelona, Elop told press, analysts and industry Microsoft insider who's penetrated Nokia and players that apart from the benefits of the alliance steered it in a direction favorable to Microsoft. that were laid out Friday, Microsoft is paying Nokia billions of dollars to switch to Windows Phone 7. "The obvious answer is 'No,'" Elop said. "Thanks for asking." "This is something I don't think was completely explained," Elop said.
    [Show full text]