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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (9662)	3/6/2001 9:41:39 PM
From: Eric L	Read Replies (2) \| Respond to of 34857

Chaz, << Any links or urls as examples of that refreshing material and style? >> Nokia webcast presentations and supporting slides can be linked here: nokia.com There is a lot of material here and I haven't yet reviewed the latest: * Ulla James' (Vice President, Nokia Investor Relations) presentation at The Wall Street Analyst Forum on Wednesday, February 14, 2001 * Mr. Pekka Ala-Pietilä's (President, Nokia) Banc of America Securities' Technology Week 2001 Conference - February 7, 2001. This set is very good: Nokia Capital Markets Day (Tuesday 5 December 2000) (note that the presentations can be started individually by clicking on individual twisties before the speakers names - Larry Palson handles the CDMA strategy presentation - The Q&A setup allows you to listen to individual responses to questions). ... and of course this is important: Nokia Annual Results 2000 (January 30, 2001) In case you are not familiar with the players, here is an excerpt from my G&K PH in progress: >> V. Nokia's Management Nokia's management is strong, experienced, cohesive, and relatively young. In the frequently expresed view of many financial analysts specializing in telecommunications, Nokia has the best management team in the sector. In this report section I will quote or paraphrase liberally from an excellent article called "Nokia's Secret Code", that appeared in The May 1, 2000 issue of "Fortune": fortune.com Anyone considering an investment in Nokia should read the article. The article referes to Nokia as "perhaps the least hierarchical big company in the world", and comments that "something about the way Nokia works makes it more pragmatic, more focused, and more flexible than other companies." Almost every assignment of any importance at Nokia is given to a team, and managing the company is no exception. Jorma Ollila is the leader of the management team. Jorma Ollila is 50 years young and a non-tech, which may account for the fact that he is viewed by many as being wireless technology agnostic. Born in Finland, he attended Atlantic College, a Welsh boarding school founded by German educator and Outward Bound founder, Kurt Hahn to bring together future leaders from around the world. Ollila then participated in the MBA program at the London School of Economics before joining Citibank's London office where he was account officer for Nokia. Jorma joined Nokia in 1985 as Vice President of International Operations. At age 35, after one year at the company, he became CFO, and in February 1990 he was put in charge of the then very shaky mobile-phone business. After a boardroom shakeup in 1992, Ollila was named CEO. He immediately put members of his generation in charge of Nokia's key businesses, while he and Olli-Pekka Kallasvuo, whom he named CFO, began to map a course for the company. Key Members of the Nokia team whose assignments have shifted frequently include: Pekka Ala-Pietela is President of Nokia Ventures Organization. Pekka joined the computer division of Nokia as an applications consultant in 1982, was head of business development for mobile phones and serves as Nokia President. From Nokia's leafy campus in Mountain View, CA Ala-Pietila has pieced together Nokia's Internet division. Olli-Pekka Kallasvuo (CFO) signed on as a lawyer in 1980, and became Ollila's No. 2 in finance. He ran Nokia's Americas operation headquartered in Dallas in 1997 and 1998 where he learned not just about manufacturing, but the all important U.S. capital markets. Sari Baldauf is President of Nokia Networks. She is a former academic who joined in 1983 as part of what she thought would be a three-year research project on international business. Baldauf now runs the network equipment business but she was president of cellular systems and has also run Asia - giving her a good look at the jumping-off markets for 3G. Matti Alahuhta is President of Nokia Mobile Phones. Matti started as an R&D engineer at Nokia Electronics in 1975 and has run part of Nokia's telecom networks business. The five have worked together for so long that they can converse in a kind of shorthand. They are seen by many at Nokia as an inseparable unit. Around Nokia, you don't hear so much talk about Jorma this or Jorma that. It's almost always Matti and Sari and Pekka and Olli-Pekka and Jorma, or some combination of the team. Nokia has a long tradition in international university cooperation. Nokia is also an active partner in a variety of multilateral R&D projects and programs in Europe, Asia, and the Americas. In many cases, this cooperation is realized with Nokia Research Center as the gateway. Juhani Kuusi is Senior Vice President, Research and Head of Nokia Research Center. Now that's a mouthful of Finns and one of Nokia's challenges is that the company is getting less Finnish. Now more than half of Nokia's employees are outside Finland. While most of the company's operations around the world still have at least a Finn or two in leadership roles, key jobs are increasingly going to people who didn't grow up in a sauna, like Kent Elliott. Kent Elliott is President of the new division called Nokia Internet Communications, which is responsible for those WAP servers and a whole bunch of soon-to-be-released networking products. Elliott was president of a Net telephone startup, Vienna Systems, that Nokia bought last year. Now he, along with 500 other Nokia employees, is based at Nokia's complex in Mountain View, California. << - Eric -