0000000000994761
AUTHOR
Arjo Laukia
Corporate business model transformation and inter-organizational cognition: the case of Nokia
This article distinguishes between a firm’s corporate business model and business models of its various business units. Our aim is to provide new insights into how executives’ cognitive processes can influence corporate business model transformation decisions. We focus especially on top managers’ recognition of inter-organizational cognitions, that is, such cognitions about the firm and its businesses that are shared by the top managers and stakeholders of the firm in the industries and communities where it operates. We support our theoretical work with an historical case study of Nokia’s corporate business model transformation between 1990 and 1996, which proved highly successful. We find …
The anatomy and causal structure of a corporate myth: Nokia by the book
In this paper we conceptualise explanations of company-specific commercial performance as corporate myths. To improve our understanding of anatomy and causal structure of corporate myths, we analyse publications that deal with Nokia’s historical transformation from a lossmaking 1980s conglomerate to a focused and successful telecommunications company in the early 1990s. From a corpus of related literature, 89 causal arguments are identified and analysed in terms of the logic of the arguments employed. The analysis shows that (1) most existing analyses offer either a specific or a biased explanation for Nokia’s success; (2) very few explanations are either plausible or logical; (3) it is mos…