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The Dynamics of strategic agility: Nokia's rollercoaster experience

Author: Doz, Yves L. ; Kosonen, MikkoINSEAD Area: StrategyIn: California Management Review, vol. 50, no. 3, April 2008 Language: EnglishDescription: p. 95-118.Type of document: INSEAD ArticleNote: Please ask us for this itemAbstract: The article discusses Nokia, a mobile communications company, and the dynamics of strategic agility. Three meta-capabilities--strategic sensitivity to trends, leadership unity in decision making, and resource fluidity and rapid deployment--are the foundation of strategic agility. Nokia's growth and market leadership during four phases, which ranged from 1988 to 2008, indicate that the company evolved by responding to market forces with flexible management strategies that fostered innovation. The interaction of meta-capabilities over time, the company's core business activities and development of new ventures, interdependencies and transparency in strategic agility, and priorities in the multidimensional organization are mentioned
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The article discusses Nokia, a mobile communications company, and the dynamics of strategic agility. Three meta-capabilities--strategic sensitivity to trends, leadership unity in decision making, and resource fluidity and rapid deployment--are the foundation of strategic agility. Nokia's growth and market leadership during four phases, which ranged from 1988 to 2008, indicate that the company evolved by responding to market forces with flexible management strategies that fostered innovation. The interaction of meta-capabilities over time, the company's core business activities and development of new ventures, interdependencies and transparency in strategic agility, and priorities in the multidimensional organization are mentioned

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