“It doesn’t matter how many times you fall, the one that matters is how many times you can get up after you fall.”
Great companies for me are not only those who can generate crazy amount of profit, it is also consist of those who are strong and creative enough to stand up again no matter how many times they fell. So looking on that criteria, I was very interested on knowing about the history of NOKIA. This company is soooo famous for their cell-phones and I heard that they’ve been through a lot to become one of the world’s leading company.
Luckily, my lecturer were willing to borrow me a book about NOKIA and there are a lot of their actions which really inspires me. NOKIA is very creative bacause the are not afraid of failure or major changes. At first in 1865, engineer Fredrik Idestam established a wood-pulp mill in Southern Finland and started manufacturing paper, this has become the first stepping stone on NOKIA’s history. In the 1920s, the Rubber Works, a rubber manufacturer, started to use Nokia as their brand name. In addition to footwear and tyres, the company later went on to manufacture rubber bands, industrial parts and raincoats. So they did not enter the electronic market until year 1967 but they had not created telephones just yet.
In the early 1970s, the majority of telephone exchanges were electro-mechanical analog switches. Nokia began developing the digital switch (Nokia DX 200) which became a success. Nokia DX 200, which was equipped with high-level computer language and Intel microprocessors gradually evolved into the multifaceted platform that is still the basis for Nokia’s network infrastructure today.
Their history even includes a suicide of the CEO, bankruptcy, and tons of failure. But I guess it is true when one said that determination is a key to get success and failure is just a learning process towards achieving a higher goal. So every time we fail, just use our creativity to fix thing up!