Nokia’s rise and fall is a cautionary tale of success and hubris. Founded in 1865 as a pulp mill, the Finnish company quickly became a global leader in rubber products in the 1970s. But it was only when they expanded their operations into mobile phones that Nokia really took off and became one of the most valuable companies in the world. For a period of time, Nokia’s annual budget was larger than the government of Finland’s national budget – something that had never been seen before.
But how did such an empire come crashing down? It appears that global domination cost the company its pioneering spirit, with quantity gradually replacing quality. Nokia’s rapid rise and fall has many lessons to offer for future business leaders, and these are explored in depth in The Rise and Fall of Nokia – a documentary about this fascinating story.
The documentary follows those who lived and worked through these tumultuous times at the company, charting their successes and setbacks along the way. It provides an insight into how a nation came to be dominated by one giant corporation, as well as examining what led to its sudden downfall from greatness. In addition to this, viewers will learn how new technology changed consumer needs as well as how decisions made at boardroom level impacted millions around the globe.
For those interested in business strategy and success stories turned sour, The Rise and Fall of Nokia should not be missed – it offers an insightful look into one of modern history’s most remarkable sagas.
