Communities Dominate Brands: The Final Reckoning: Burning Platforms Memo Damaged Nokia: Wiped out $13B revenues, Destroyed $4B profits in just 12 months: "I really hate doing this, these Nokia blogs make me so sad. But this is history, we have to record it, the facts have to stand. Yes, the Burning Platforms memo was released in early February of last year, but its true cost could not be calculated until now. Now, that we have seen four consecutive full fiscal Quarters of Nokia performance. So this is the Final Reckoning blog about the costliest management memo ever issued. The Burning Platforms memo plunged Nokia into an interminable crash-dive of its smartphone sales (a collapse that is still continuing today 16 months later) and cost Nokia in the immediate next four quarters - 12 months - a massive 13 Billion dollars of lost revenues, and 4 Billion dollars in profits wiped out. So lets examine the issue and call into court, the case of Nokia vs Elop.
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'via Blog this'
The Losing Systems memo stepped Htc into an interminable crash-dive of its mobile phone sales (a failure that is still continuous these days 16 several weeks later) and cost Htc in the immediate next four places - 12 several weeks - a large 13 Million money of missing earnings, and 4 Million money in earnings damaged. So allows analyze the issue and call into trial, the case of Htc vs Elop.
ReplyDeleteThe Losing Systems memo delved Htc into an interminable crash-dive of its smart phone sales (a failure that is still ongoing these days 16 several weeks later) and cost Htc in the immediate next four sectors - 12 several weeks - a large 13 Billion money dollars of missing earnings, and 4 Billion money dollars in earnings destroyed. So allows analyze the issue and call into judge, the case of Htc vs Elop.
ReplyDeleteThe Losing Systems memo delved Htc into an interminable crash-dive of its smart phone revenue (a failure that is still ongoing these days 16 several weeks later) and price Htc in the immediate next four places - 12 several weeks.
ReplyDelete