How bad calls led to Nokia's demise

Strangled by a dysfunctional corporate culture and its slowness to adapt to a changing marketplace, Nokia's demise is a cautionary tale for businesses everywhere.

The news of Microsoft’s $US8 billion ($A8.86 billion) bid to buy Nokia’s mobile phone business is as symbolic as it is embarrassing.

A far cry from its glory days as the world’s dominant mobile phone brand, Nokia has spent recent years desperately searching for a path back to prominence and relevance.

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