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To: Ironfocus

Yeah, I guess you’re right. I should have checked first. I do recall hearing something outrageous about Nokia and Finnish universities, like that they were hiring 90% of their computer engineering graduates.

BTW, what brought it to a screeching halt? It seemed that at one time Nokia was going to take over the world.

Then again, at one time it seemed that Blackberry/RIM was going to take over the world.


22 posted on 06/04/2014 4:39:33 PM PDT by Steely Tom (How do you feel about robbing Peter's robot?)
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To: Steely Tom

That much is true, we were hiring a boatload of Finns. I guess when the company makes up 40% of the value of the local stock exchange, they end up hiring the majority of tech people.

What brought it to a screeching halt has been a matter of much wailing and gnashing of teeth, and numerous post-mortems in the Finnish press. From my perspective, having worked in their strategy office, it was a case of a company not being able to change its DNA, coupled with some good old-fashioned arrogance. When phones were hardware, they were the best, with a superb supply chain, and then they couldn’t, or wouldn’t, change to become a good software company when smartphones became the most wanted product.

I can share some stories from inside the boardroom, but it wouldn’t be prudent to do so in public, and don’t want to hijack the thread any further.


25 posted on 06/04/2014 4:49:04 PM PDT by Ironfocus
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