A Timely Revision of Elop's "Burning Platform" Memo
Nerval's Lobster writes "Microsoft's purchase of Finnish phone-maker Nokia will enrich the latter's CEO, Stephen Elop, to the tune of roughly $25.4 million. That's a generous number, considering Nokia's much-publicized travails over the past few years — generous enough, certainly, to prod angry reactions from the Finnish media. As Elop came aboard Nokia in 2011, he wrote the infamous 'burning platform' memo, in which he suggested that radical moves would be necessary to halt the company's market-share declines. In light of these latest revelations, however, I offer an updated version of Elop's memo: ''
everyone know this was his goal from the beginning. You don't become CEO, and make a statement like that without the intention of selling.
The Kruger Dunning explains most post on
Tomi Ahonen has the formula down perfectly, with explanations:
ELOP EFFECT = RATNER EFFECT + OSBORNE EFFECT
http://communities-dominate.blogs.com/brands/2013/09/the-do-it-yourself-elop-analysis.html
I deny that I have not avoided attaining the opposite of that which I do not want.
Never ascribe to hubris and fate that which can be attributed to incompetence and greed.
I don't know why anyone is upset about this. It shouldn't be a surprise. Tech history is littered with the remains of corporate entities who once partnered with Microsoft. What part of "Embrace, Extend and Extinguish" did Nokia think did not apply to them?
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