Worked at Nokia when iPhone was released. No strategy/management insight, but I recall the jokes made by my colleagues as I showed off my iPhone 1:
"Cool, but can it make phone calls"
On internal message boards, some employees advocated staying loyal to Nokia products, and others advocated buying the best product (iPhone) to challenge Nokia.
"Cool, but can it make phone calls"
On internal message boards, some employees advocated staying loyal to Nokia products, and others advocated buying the best product (iPhone) to challenge Nokia.
Wish they had navigated this one better...