
When I think of the first cell phones that were used, I think of Nokia. However, for the past few years this once iconic powerhouse has become almost obsolete. Analyst Ken Dulaney said, "The challenge to come back in the U.S. market is very significant." But with the aid of a new executive and a shift in strategy, Nokia is striving to make a comeback in the cell phone industry.
Nokia just announced that they will now use the Windows phone software from Microsoft in their smart phones. With this new Windows phone platform, Nokia is hoping to gain market share once again the in US. Their ultimate hope it that their phones will get backing from one of the large carriers, like AT&T or Verizon. It will be interesting to see if this company can make a rebound in the very competitive cell phone business.
From a strategy viewpoint, a few models are applicable here. The first would be the Growth Opportunities Matrix. The fact that Nokia is going to use Microsoft’s software is a new product in an existing market. Also, they plan to use a major carrier like Verizon which means that they’d be involved in an existing product and market. Furthermore, with new management begin hired on, they will leverage their general management expertise. This goes along with the hedgehog concept in that hiring Chris Weber and Jerri DeVard, who both worked at Microsoft and Verizon respectively, will help give them a clear goal and excellent leadership.

