Nokia CEO's mission impossible?

Nokia is hoping to return to the glory days under the leadership of CEO Stephen Elop and the former Microsoft executive doesn't have a moment to waste.

Nokia CEO Stephen Elop recalls a meeting in August 2011 in which the company's leadership struggled to decide on the name of its new smartphone, the first using Windows Phone software.

"We almost fell into the trap that had often befallen Nokia, which was... let them work on it a bit longer because we couldn't quite reach agreement," Elop said. Instead, he demanded a decision that day.

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