Abstract:
This paper checks the current situation at Nokia, a corporation that deals in the development of cell phones as well as mobile software that are intended to run on. The current workforce at the business has been facing the challenge of lack of technology in and requires a diagnosis and suggestion of the problem that the company is facing. Having less innovation in today's world situation is harmful to the company since it requires innovative employees to be able to ensure that it is in line with technological advancement in the world today. As the earth is moving forward and making major technical breakthroughs companies like Nokia need to be innovative to be able to stay prior to the pack. Having less invention will lead to others taking up a larger share of the cellular phone industry and therefore Nokia will lose a lot in conditions of capital and investment. This newspaper looks at the problem at Nokia, the possible causes of the problem and also advises recommendations on how to deal with the problem of lack of innovation at the business.
Introduction:
Innovation in an operating device of employees can be explained as the act of starting something new for the very first time, it's the act of creating a product that the world has never seen before or creating a product that easily solves the problems that the planet is facing. Nokia needs to innovate and come up with a product or some products that have yet to be put in place by some of its competing organizations. Creation of a new product may be because of this from a study, test or even current issues that are facing the planet. Development can be reported to be the mind child of creativity of the company and its own employees. To be able to have invention in the company proper inspiration of employees is needed to be able to be able to promote proper technology in its employees. The business's employees will need to have a clear guideline and understanding of what technology is and what it entails and what constitutes creativity. The company and its own employees must first brace the huge benefits that include innovation. They are discussed below:
Benefits of promoting technology at the work place:
Promoting invention in the team has great benefits for the team of employees as well as the business. Promoting innovation boosts curiosity in the company's team of employees since it expands their thinking functions and let us them think outside the box. Technology nurtures a character of wanting to know more so as to solve a difficulty. This is critical because interest contributes to the team trying out and playing around with new ideas and principles, this contributes highly to the learning process. Promoting development brings about increased efficiency of the team. This is through positive competition within the team. Promoting development contributes to the team development and cohesiveness. The team serves as a single unit in order to meet up with the goals of development that contain been set. Promoting advancement will increased worker motivation and morale. Promoting innovation induces the team with interest in starting their tasks. Creativity leads to the team having more compliment other than criticism and these increases and boosts the team's spirit when facing a problem. (Rafinejad D. 2007)
Promoting advancement in a team also offers great benefits on not only the associates but also to Nokia all together. Nokia benefits greatly by being the first firm to have a service or product to the marketplace before any of their competitors. Creativity gives Nokia an advantage over its competition. By being the first company to have a new service or product to the marketplace Nokia gains a sizable market share. Because of having a big market show and increased team productivity Nokia benefits by the increase of profit margins. This in turn increases the show price of Nokia. Creativity also brings about upsurge in shareholder dividends because of the increased income of the business. Innovation will increase the overall development of Nokia with a highly determined team. (Prather. C. 2001)
Problems that business lead to lack of technology at Nokia:
The lack of technology is a vibrant constraint that impacts the company. In order to solve the menace it would be important to first ask ourselves the question where does indeed the problem lay? The company and its employees must understand the underlying problems that are resulting in lack of innovation.
Employees at Nokia also lack desire and morale to develop any new products. Motivation is referred to as the mental thrust or move that stimulates the business's employees towards a certain desired action that will lead towards achievement of creativity goals. Employee enthusiasm directly impacts an employees work insight and output of an employee. Innovation takes a lot of employee effort and Nokia is facing the challenge of ensuring that it constantly motivates its employees to be able to permit the company to use at perfect efficiency. As mentioned innovation is a direct impact of work end result and input which is greatly inspired and influenced by determination. Especially in the type of volatile global market that companies like Nokia are working with. It is important for the employees to be well determined so as to make sure they are innovative. Nokia needs also to check out creating a team that works since it is very important to employees to interact so as to ensure they are innovative as well as profitable.
The recent financial meltdown that the globe has brought about an increase in the costs of materials and development of services, the company lacks enough funds in order to promote and nurture ground breaking ideas at the work place. The prices of energy, resources and labour have all shot up and the company is having troubles trying to produce any new products on the market. The business is facing a very hard time attempting to produce goods because of its market in america let alone the global market. The business is on the receiving end of unfair competition from other mobile phone manufacturers for example Samsung who are functioning in China which offers better market conditions as well as lower cost of creation. Without enough funds the company cannot produce any impressive products for the existing market since Nokia would be required to make the expense of their product so high that customers would select for other brands.
Recommendations:
How to foster creativity in employees:
In an effort by the business to promote advancement Nokia could take up a few strategies which encourage the team members to be as progressive as possible. The business needs to set up a team that will champ innovation in the organization. The team should lead the way for other employees. In order to increase advancement Nokia must first select the suitable staff team to tackle the problems at the organization. The team member should be chosen and used in a free of charge and reasonable manner and it will only contain folks who are qualified in this field that Nokia is dealing in. the team determined must include young and lively individuals who are prepared to learn fresh ideas and who are prepared to take risks as well to be prepared to branch away from typical products that Nokia produces. The organization must select a competent team. It must be sure that employee dynamics in the team chosen are good in order to increase the production of Nokia. The most important part of a business is its employees. The employees should work together towards a goal.
Employee variety is a major setback to employees working jointly. Therefore Nokia can harmonize all its employees in order to have the ability to achieve its goals. Worker relationship intercession would be very important when there are many issues at the work place, when there's a recruitment of new employees and low worker morale.
How to guarantee the team works collectively:
Employee training:
Nokia could choose to employ a professional to train employees in the organization on the huge benefits. Employees could be trained on the value of working with their fellow employees.
Mentorship ideas and futuristic management:
Nokia's top management for example, the panel of directors should provide required mentorship to the organization's employees. The management also needs to be in charge of leading the company's workers towards achieving its goals and goals. The company also need to talk to the staff as a group so when a unit that will require working jointly. Nokia should take care of all conflicts which exist between the employees. Nokia must encourage wide open dialog as well as an available channel for communication between workers. Nokia should encourage team building and offer bonuses for teams which have good performance.
Nokia should then come up with an approach to innovate its team members. Every once in awhile Nokia should reveal upon its approach so as to ensure that Nokia has in place proper methods and strategies that are in tune with Nokia's morals, strategies and targets of Nokia. Nokia should then notify the complete team of the strategies and stimulate the team to create new ideas for a fresh product or service (Konstadakopulos, 2001). Nokia should choose a strategy of free circulation of ideas within the team whereby the associates should be absolve to exchange information and ideas for the betterment of Nokia. Nokia should produce an award program for some of the very most innovative ideas. Accolades could maintain the form of salary bonus items to the team or team member who developed the most innovative idea. Nokia must also ensure that the owner of an executed idea get reputation for their work done (Konstadakopulos, 2001).
Nokia must also have the ability to avail enough funds, tool and time to be able to facilitate the study, design, evaluation and execution of the impressive ideas. Nokia must encourage team member never to quit and take chances with ideas. Nokia should encourage the team to learn from its mistakes in the past. In up to the team should be able to take dangers Nokia must be able to instruct the team how to pick between the risks and the benefits associated with taking the chance. To be able to differentiate both should be well told the associates. Finally Nokia must have a perfect action plan to be able to be able to put into practice the strategies which may have been discussed above. Minus the action plan the strategies mentioned above will have no beneficial use to the business (Konstadakopulos, 2001).
The team decided on by the organization can anticipate future trends. Innovation is focused on being the future. Nokia must have the ability to cater for research in future tendencies by collecting data from consumers and judgment polls. Nokia must have the ability to produce practical and realistic ways for the team to beat the problem facing Nokia. The business must provide an environment that promotes and helps the team to do its best, to the best of its capability (William, 1989). Nokia must desist from external or internal disturbance of the clubs work and should encourage the team to make its independent decisions without having external pressures this could affect technology. In as much as Nokia does not interfere in the clubs work Nokia should consistently struggle the team to come up with progressive ideas and substitute ways of dealing with problems.
In an attempt to increase on advancement and profits Nokia must prepare yourself to branch out and spend money on emerging markets. It will promote innovation by pushing the team to find new opportunities and concepts. Associates should be encouraged to be interested and experimental since it's only by firmly taking risk that they could learn. The coverage of free movement of information should be put in place for the team so as to increase and boost the team building work. Team building may be enforced by, as reviewed above, financial incentives to the team for having innovative ideas. Bonuses will constantly task the team to be better. In addition they boost the team's soul, morale and passion towards their work. These incentives could include pay increases, bonus pays and job campaigns (Rajat, 2009).
How to regulate employee drive and performance:
Nokia can use incentives and gifts to stimulate employees into. Nokia should propose a system which offers employees financial bonuses which can be pegged on the gains that the business makes from any innovative. This will increase work insight and output. This will likely in turn improve the company's income. The employees taking part in the scheme immediately affect the company's profits. Nokia must be sure that the program motivates the decided on employees to become more fruitful (Konstadakopulos, 2001). The goals and ambitions must be sensible and attainable. Nokia must spell out goals that can be achieved. It would be best if the goals were predicated on the history of the company. In the event the goals are set too high it could demoralize the employees.
Nokia should provide a suitable environment for the introduction of employee careers. Special offers should get based on merit not based on many years of service. This will likely enhance job development for hardworking employees. It will also act as a motivating factor. Nokia must plan for management and management. Only qualified employees should be promoted to leadership and management positions. This will likely ensure that Nokia has proficient leadership and therefore improve the company's productivity. It's important to increase worker performance so as to increase the efficiency of Nokia. Nokia's goals offer the reference to performance. Nokia should clearly state its targets and the improvement to the goals must be watched regularly. Nokia should have a responses system that says the employees hoe close or what lengths they are really from Nokia's aims. So as to have the ability to meet this goals employee performance is crucial.
The first step to performance management is the affirmation of Nokia's performance goals. Nokia will need to have clearly explained and identified goals. The employees should be produced aware of these goals. The next step would be coming up with a performance plan. The company must routinely keep an eye on and track this plan. Nokia should assess performance and pay back where scheduled. The performance packages of Nokia should be open to development. They ought to enable improvement.
Conclusion:
So as to have the ability to achieve an organizations goals and objectives it is important for Nokia to accept effective intercession. Business development intercessions are aimed at increasing the performance and end result of Nokia. In order to be successful business development intercessions should affect the whole business and should go down to specific level. The intercessions should be sponsored by the top of the company and really should be supported by Nokia's personnel. Intercessions that should be implemented in cases like this should involve respect for employees and the supervision, having a working administration in Nokia, having trust and available stations of communication between your administration and the employees. The intercessions must be able to support wide open confrontation of problems that are facing Nokia. Major stakeholders in Nokia must also participate positively in the intercessions. This will likely somehow give the intercessions a lttle bit of weight and seriousness.
