HELSINKI: Nokia’s chairman has pointed the finger at his predecessor over the cell phone maker’s fall from grace in a e-book that has reopened old wounds in Finland, the place the corporate stays a supply of nationwide delight.
Nokia was the world’s largest cellular handset maker and Europe’s highest valued firm at its peak, accounting for about four p.c of Finland’s financial output.
But it did not recognise the risk to its existence posed by the rise of touchscreen smartphones after Apple launched the iPhone in 2007. It has since bought off its handset enterprise, with hundreds of jobs misplaced alongside the way in which, and is now targeted on Telecoms networks and licensing its expertise patents.
Nokia’s decline was partly right down to a scarcity of entrepreneurial management and the failure to withstand dangerous information, in accordance with the e-book by Risto Siilasmaa, Nokia’s chairman, who joined the corporate’s board in 2008.
Named “Transforming Nokia: The power of paranoid optimism to lead through colossal change,” the e-book has made headlines past the enterprise world due to its assaults on former Nokia CEO and Chairman Jorma Ollila.
Siilasmaa stated Ollila, one in every of Finland’s greatest recognized enterprise leaders who as soon as thought-about operating for president and can also be a former chairman of Royal Dutch Shell, was quick-tempered and unfold worry within the organisation, which curbed open dialogue and led to a reluctance to share dangerous information.
Siilasmaa stated he proposed Nokia look into selecting Google’s Android platform for Nokia’s smartphones over the corporate’s personal Symbian system in 2009, however a memo he had despatched to Ollila was by no means mentioned within the boardroom.
Siilasmaa stated Ollila additionally sought to forestall his election as chairman in 2012, and yelled at him over telephone when he briefed Ollila the next yr in regards to the plan to promote the handset enterprise to Microsoft.
“Our conversation followed the usual pattern: I tried to be polite; he exploded and yelled that I had ruined his legacy,” Siilasmaa wrote.
Ollila, now 68 and retired from frontline enterprise, was Nokia chief govt within the phonemaker’s heyday from 1992 to 2006, a yr earlier than the iPhone’s launch, after which served as its chairman till 2012.
In Finland’s Helsingin Sanomat each day he stated that Siilasmaa, 52, was exaggerating with his accusations and had hassle understanding that operating a big world firm was totally different from managing a small firm.
Siilasmaa is the founding father of Finnish cybersecurity and privateness firm F-Secure.
Under Siilasmaa’s command, Nokia ended up promoting the handset enterprise to Microsoft in 2014.
Nokia then purchased management of a three way partnership with Germany’s Siemens and adopted up by buying Franco-American Alcatel-Lucent, making itself one of many world’s greatest cellular community makers.