Nokia Rise and Fall
EMSE 6005.10 – Organizational Behavior For The Engineering Managers
Professor Andy Sakka
Abhishek Thakur
Akshat Amrut Oswal

Nokia history:
Nokia was founded by Fredrik Idestam, a mining engineer in 1865. The name Nokia was decided in 1871 when he opened his second paper mill on the bank of Nokianvirta river. Nokia started out with making paper which incidentally was one of the very first technologies used for communications. Fredrik Idestam was the chairman of the company till 1896 when he retired, and Leo Mechelin took over as the chairman.
Under Mechelin, Nokia started a new business unit of electricity generation. In 1898, Eduard Polon founded the Finnish Rubber Works, which later became Nokia’s rubber business. They were making everything from galoshes to tires. In 1912, Finnish Cable Works was established by Arvid Wickstrom, which later became Nokia’s cable and electronic business.
In 1967, all three of these jointly owned companies came together to form the Nokia corporation. Nokia’s first thrust in telecommunications came when they began developing radio telephones for the army and emergency services. During this period, the company was involved in many businesses including paper products, tire manufacturing, footwears, communication cables, televisions , electricity generation machinery, robotics , chemicals, plastics and many more. By 1987,, Nokia became one of the leading manufacturers of TV in Europe. By 1990, Nokia decided to concentrate its efforts on the fastest growing business of telecommunications & leave all other companies behind. They sold out all other business divisions.
An Era of Communication
Nokia was not a new player in telecommunication field when they started concentrating on it in 1990’s. Instead, they had the ball rolling from 1979 when they created a radio telephone company Mobira Oy as a joint