Nokia's demise has more people questioning: is Stephen Elop the worst CEO ever?
0. phoneArena 11 Jul 2012, 03:33 posted on
You know one company that is in dire straits these days? You might think RIM, and you’d be right it’s in huge trouble, but there is another company that slumped so spectacularly…
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45. bawalove (Posts: 3; Member since: 18 Aug 2011)
this is just simple elop should simply be fired thats all.......since the very day i used maemo(n900) in 2009 til now i ve still not found any OS that can be compared to it ,besides i ve used ios ,windows and android...maemo/meego is so natural and unique...Yet nokia ignored the n900 and promoted the n97...trust me though the n900 was jus a test on the maemo os with a lil hardware problems it catched consumers eyes while the n97 faced criticism.....atleast nokia should have learnt from this experience...nokia should have realized that dont contribute to a device success....gone are da days were this was true...apple learnt from their unsucceful nature of their mac computers and decided to correct their mistakes by the introduction of an iphone(ios)...they realize they couldnt overtake or compete wiht windows pc cos of the number of consumers using it and cos of the lots of soft it comes with it... they therefore introduced ios with the creation of more apps that has led to their success,android is successful cos it listens to it consumers...nokia should by this time realise it is not the 41mp or the fm transmitter or even the design will make them successful again...its the OS ,and maemo is the best natural and beautiful OS ever made ....symbian is already dead and ther is nothing that can be done about that ..apps on meaemo/meego will not be difficult as its QT compatible and apps on symbian can be ported,its android compatible and apps on android can be easily converted....nokia meego is not dead and its not too late to go back to meego,believe me or not meego has a long way to go ,cos i no consumers are fed up with 1 way nature of ios and old fashioned nature of android
46. MeoCao (unregistered)
Nokia has committed suicide, and Elop is the gun Nokia used to do that.
47. Aeires (unregistered)
The biggest question for Nokia is how fast can they switch gears? Whether or not the MS partnership will work out remains to be seen. If it does fail, Plan B better be something that will bring in profits much quicker. Nokia WP phones are already hitting shelves, if they don't show a marked improvement by the end of the year, doesn't look good. MS better shovel a ton of money into Christmas commercials, Apple and Google will be advertising their electronics massively and MS better come big if they want to compete.
49. ryq24 (Posts: 534; Member since: 17 Oct 2011)
the worst ceo should be the one elop replaced. they fail to anticipate the move to touchscreen phone. they even release the 5800 which uses resistive screen when samsung already shift to capacitive to battle iphone. as to elop, its still too early to say he is the worst. maybe next year we will know.
63. -RVM- (Posts: 329; Member since: 19 Oct 2011)
They just needed some time to adapt to the change in industry. They released N8 and Symbian^3 (to get some time until MeeGo hits market) and their market value was slowly rising for 7 months in row, until the burning platform memo. That's fact. When their transition (Symbian -> Maemo/MeeGo) was finally going to bring some fruits, Elop killed it.
Of course, there were mistakes prior to burning platform. First one was N96 (lost time), then N97 (dissaster, really bad for Nokia brand), then (spring 2010 ) they stopped Maemo 6 development and instead started MeeGo with Intel - and basicly lost 2 years. But all this was nothing comparing to burning platform memo, when Elop basicly told people not to buy their products, because they suck (according to him) and because they are based on OS, that will be abandoned soon (= dead, as media and people used to call it since then). Since then, Nokia lost 85% of it's value in 16 months. So yes, he certainly is the worst CEO.
69. picka_vi_materina (Posts: 164; Member since: 21 Nov 2011)
FYI, 5800 is one of the most sold devices.
50. PhansMuneeb (Posts: 354; Member since: 28 Jan 2012)
Nokia has died in India....
My Next phone will be....you know it
51. PhansMuneeb (Posts: 354; Member since: 28 Jan 2012)
Just wanna say
I know that wp8 is beauty but i want it to fail and then Nokia will join Android..... :)
using my worst phone ever NL710
68. ToTTenTranz (Posts: 5; Member since: 11 Jul 2012)
Of course it's a joke.
WP7's global marketshare is below 2%, despite being on the market for almost 2 years now, because 98% of the people who buy a smartphone are stupid and because the world is really, really unfair.
WP7's marketshare numbers are no indication of the OS' quality, whatsoever.
56. thinking (Posts: 130; Member since: 19 Jan 2012)
I would bid to differ on opinion here.
Nokia was losing market share rapidly anyway. Meego was their only hope, right? And that hope was not very bright either.
So, Elop uses his mics connections and does what he thinks is a good bet - leave meego and embrace an entirely new platform - windows phone.
Yes, agreed, due to nokia being the junior partner there, and having been in dire straits already, they could not get much out of the partnership, so it may not be a great partnership for Nokia. But isn't that the only thing they could have done other than embracing Android? Personally, I feel they should have had a division that was with Android and another with mics. But if WP8 does come out brilliant, all of this discussion will be moot.
58. -RVM- (Posts: 329; Member since: 19 Oct 2011)
Nokia was losing market share, just like iPad is since it entered the market. However, they were selling more and more devices until burning platform memo. Also, their stock was slowly rising until burning platform memo, which proves that Symbian -> Meego transition strategy was right one.
74. threed61 (Posts: 133; Member since: 27 May 2011)
They were selling more devices, but weren't making much on them. Nokia's real problem wasn't the CEO's, it was a sluggish culture that just couldn't respond to the speed of changes in the cellular industry.
The N8 was the best Symbian phone ever, but it wasn't competitve with the iPhone or the best Androids. The N9 arrived with a nice OS but no apps or ecosystem.
Like RIM, Palm and Winmo, they were just too slow.
82. -RVM- (Posts: 329; Member since: 19 Oct 2011)
They weren't making much on them, because they were transitioning to MeeGo. Still they were doing pretty good. Since this transition was killed by Elop, N9 came to market as a stillborn child. Without apps or ecosystem.
99. thinking (Posts: 130; Member since: 19 Jan 2012)
but that industry goes by market share more than number of devices - at least for the toppers.
73. ernestoA (Posts: 2; Member since: 11 Jul 2012)
Nokia wasn't in dire straits when Elop wrote that memo: Nokia was the biggest handset maker in the world and it just made money. There was plenty of time for a Symbian-Meego transition - maybe with a market share loss, but not a crumble like that. Elop's evaluation of Nokia's situation in 2010 was delusional.
100. thinking (Posts: 130; Member since: 19 Jan 2012)
True, but things were not looking good and they did not have anything to beat Android with in the near future (then). Android was rising fast and I would go on to say that they took the markets from Nokia. Hence, my opinion above.
60. lubba (Posts: 1311; Member since: 17 Jan 2011)
We will see what happens coming fourth quarter and first next year when Nokia wp8 comes out, with pureview. I'd hate to see meego, Symbian, androids, fan boys ooh ahh Nokia's WP8 pureview phones. Sick and tired of their bulls**t elop this elop that. Bunch of morons turning their back on a company they love. Luckily they're only the minority. Go Nokia! Go wp! Go MS!
64. -RVM- (Posts: 329; Member since: 19 Oct 2011)
I'm that Symbian/MeeGo/Maemo fanboy u talk about, yet i still hope that WP8 will be success, because otherwise Nokia will be no more. However, that doesn't mean that i agree with Elop's strategy. He's responsible for losing 85% of company value since his new strategy was announced.
81. lubba (Posts: 1311; Member since: 17 Jan 2011)
So how much percent has Nokia lost since birth of iPhone and Android? I won't lay claim all to elop alone. Pointing fingers that's all. Bunch of bull! Nokia is and will not be destroyed anytime soon as you fan boys dream and hope for.
83. -RVM- (Posts: 329; Member since: 19 Oct 2011)
Nokia dropped from 41.1 (nov 2007 - long time peak) to 11.73 (feb 2011 - prior to burning platform memo) in 39 months. Elop however, managed to drop from 11.73 to 1.83 in mere 16 months. That's much faster if u ask me. Oh and btw i certainly don't dream or hope for Nokia to go bankrupt.
72. ernestoA (Posts: 2; Member since: 11 Jul 2012)
In little more than a year Elop has succeded in destroying the biggest mobile handset maker in the world: a real record in speed. I've never seen such a crumble in any market. Now Nokia is a sort of Microsoft slave, tied to an OS nobody wants to buy created by a company nobody trusts, without relation with vendors, hated and boycotted by retailers... what a mess. I simply don't see any chance of recovery. Elop must be fired right now... and sued by Nokia shareholders and employees.
76. hunted (Posts: 352; Member since: 21 Sep 2011)
i really need to try the Meego, see how much things it has in it.
79. ThreeFourSeven (Posts: 34; Member since: 23 Nov 2011)
I'm going to be objective, I didn't mind if they went to WP but if they also had another OS like Meego or Android on their smartphones. You don't have to be at the mercy of Microsoft.
84. lubba (Posts: 1311; Member since: 17 Jan 2011)
You won't get 1$ billion from google and alot of dough lost building meego.
80. kanagadeepan (Posts: 722; Member since: 24 Jan 2012)
El0p to show his faithfullness to his ex-boss, he is killing his new boss with slow poison... So he is the worst CEO ever??? Of course... YES....!!
86. cornerofthemoon (Posts: 518; Member since: 20 Apr 2010)
I love the new Nokia WP phones, but it was stupid of them to put all of their eggs into one basket. They should have developed Meego and/or Android phones as well.
88. Loubielou (Posts: 254; Member since: 11 Jul 2012)
Mr Elop as been acting more like a Salesman for Microsoft instead of a Chairman at Nokia,an he as shown he knew nothing what people want on Mobiles,He made one of the Worse Comments that going to Haunt Nokia for Years to Come on Febuary 11th 2011 "Symbian Is Dead",an ever since loads of mobile operators as stopped investing in phones that not going to be support,Mr Elop knew Microsoft need alot of Help from a Big Company an How he convinced the Nokia Board that Windows was better than Symbian or Android it was just amazing,but he promised Nokia more investment from Microsoft an Ever since Nokia have been in a Status Quo "Down Down Deeper an Down" in the Smartphone market an now even worse news the the Lumia phones can now not be Upgraded to Windows 8,so Nokia an Microsoft are not acting like a Partnership but Miles Apart,We Want Elop Out,We Want Elop Out! not just me but All the Employess who have lost there Jobs at Nokia since Elop moved in
90. SemperFiV12 (Posts: 868; Member since: 09 Nov 2010)
"there is definitely some bias and hurt Finnish pride in Ahonen’s words" ... ya think? His AND YOURS, Vic! You are becoming more and more of a joke with every WP bashing article... There are no substance in most of your articles, now I see how desperate PA has become for semi-decent writers. Heck maybe I'll get my 15 year old brother to apply!
92. Ridwan.yahya (Posts: 20; Member since: 05 Apr 2012)
throw this guy out !!!!, why nokia didn't go Samsung ways in this industry. By releasing multiple phone with different os and price range. Nokia should release Android, WP, Symbian, meego, gecko and Feature phone all together in the market, Can they do that? of course they can... their still giant in the mobile industry. I like Nokia a lot, but now i'm stuck with WP and dumbphones. Thank's to Mr Flop.
93. pikapowerize (banned) (Posts: 1869; Member since: 03 May 2012)
yes! Elop is the worst Nokia CEO ever!!!! i really hate him!! i hate that he make stupid decisions!
i really want more MeeGo!! if the developers can port android apps to MeeGo... android has a real threat there!
WP as there back up! not there OS!!! its a real alien when im holding a nokia lumia! but i like it but not as there OS! meego is my real love and so is symbian!!!
i want nokia to make meego as there main OS and symbian as there low end OS and WP as there back up!!! like samsung do!!! they make android there main and WP but only few WP device and they make Bada as a developing OS!
Mr. CEO, if your loyalty to nokia is real you should listen to us!!!
i really hope that jolla is the plan B
94. djripster (Posts: 133; Member since: 10 Dec 2011)
Don't know if this report is really a fair one... Wouldn't have mattered who was in charge of Nokia. Given the way Apple and Android are doing, I don't think Nokia would have stood a chance even with Meego
However Nokia should never have given up on Meego so early... Symbian wasn't ready for the masses but Meego had a great UI and performance... They should have at least held onto Meego until WP8 and released a few sequels to the N9...
Since Meego and Android are both on the Linux kernel couldn't Nokia have modified Meego to make it easier for developers to port Android apps to the Meego platform ? Nokia hardware is amazing, and if they had the write apps, I would never have strayed from Symbian...
WP7.5 was nice, but a joke compared to its competitors... MS could have brought all the features in WP8 to their WP7.5 users, would have been the fair thing to do.Now all MS and Nokia have done is get their only existing fan base mad at them...
95. jack1059 (Posts: 72; Member since: 31 Mar 2012)
Most commentators here have it right. Elop was sent in to dimantle Nokia as it was THE threat to MS mobile strategy. Nokia had (stress had, as they dont anymore - thanks elop) a worldwide footprint, in just about every language in the world. No one had Nokia's global reach, not even iphone. They actually innovated. Just about everything we do on modern smartphones is a result of Nokias work. SMS, gaming, MMS, web browsing, doc editing, cameras in phones. Nokia. Everything elop destroyed.
Regardless. Lets set everything aside for the moment. Market share under elop fell off a cliff, from roughly 35% to roughly now what 4%. Share price has similarly fallen off a cliff, and still no end in sight. Its listed a junk status right now at about $1.79/share. Put all other reasons aside and focus on these two as they are the most important to investors, and the board (well, the board and their inaction is another story). On these 2 issues alone elop needs to be fired. He has simply failed by THE only measures of success or failure a board uses. Fire his a$%.
96. Doakie (Posts: 1322; Member since: 06 May 2009)
I have no idea if he's the worst CEO. But if you were to approach me on the street and ask me that question the first name to come to mind for me would be Leo Apotheker... that mofo killed webOS, I know it was already dying, but that guy beat that horse the last time so I'll blame him. :-)
98. usabc (Posts: 1; Member since: 15 Jul 2012)
How can you guys say a man with glory servicing company sell history, a TORJAN HORSE?
Deep think, has it(he) ever make really successful story in his career besides sell out his servicing company?
Deal my lord, MTSF, your most feared,one of the Linux based OS is killed. The largest smartphone OS is destroyed. My mission is done!
102. C38S. (Posts: 1; Member since: 26 Jul 2012)
I just had to chime in and say how Rubbish that meego vs windows phone table is.
Like - Not considered same class as iOS - even Wozniak from Apple says it is the new mobile phone benchmark for UI. And QT having more developers than windows!!!! ha, loves himself.