Write an essay identify the innovation challenge/s Nokia faced and analysesthe factors that affected its ability to respond to thatchallenge/s. (i) Describe the underlying challenge faced by Nokia;(ii) Explain and evaluate Nokias strategic challenges,decisions and events (i.e. discuss the underpinningmechanisms);(iii) Outline suitable courses of action for dealing with thechallenge based on your analysis (what could have beendone differently?) You may include an evaluation of Nokias currentapproach to innovation Include Concepts, frameworks and theories discussed byweek 6 include:firm-specific competenciescore rigiditiesdynamic capabilitiesdisruptive innovationopen innovationstrategic alliances Evaluate critically the ability of those concepts andtheories to explain Nokias fall in the mobile phonebusiness (i.e. analyse how and why events unfolded) The purpose of the essay is to test your knowledgeand skills in the subject area You need to explain and reflect critically on the conceptsyou are using to inform your analysis
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