Nokia: Integrating Risk into Corporate Strategy
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
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BSTA038 |
Electronic Format: Rs.
500;
courier (within India)Rs. 25 Extra
Themes- |
| Case Length |
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16 Pages |
| Period |
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1865 - 2004 |
| Organization |
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Nokia |
| Pub Date |
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2004 |
| Teaching Note |
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Not Available |
| Countries
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Global |
| Industry |
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Communications |
Abstract:
Nokia, the world's largest maker of cell phones, realises the importance of
analysing, reviewing and managing all the opportunities, threats and risks in
relation to its corporate objectives. The principles documented in Nokia's risk
policy and accepted by the audit committee of the board of directors cover
different aspects of risk management.
All the employees are responsible for identifying and managing risks in their
respective areas. The important risks identified by Nokia include technology
risks, marketing risks, operational risks and financial risks.
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Contents:
Keywords:
Nokia, Risk management, Operational risk, Technology risk, Marketing risk, Financial risk, Intellectual property (IP) risks, Product liability, Regulatory risks, Foreign risk, Interest rate risk, Equity price risk
Nokia: Integrating Risk into Corporate Strategy
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