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Nokia Internal Use Only
Shiv,AIMA
08.02.13
Sustainability and Growth
in Challenging Times
Nokia Internal Use Only
Agenda
• Where is the challenge – Internal
or External?
• What do you control?
• Six Thoughts for you
• Summary
Nokia Internal Use Only
When you do well, your
stakeholders think you can do
no wrong.
When you don’t do well, you
stakeholders think you can do
no right.
Nokia Internal Use Only
External factors
Nokia Internal Use Only
Global Economy slow
Nokia Internal Use Only
Indian Economy also challenged
Source: Citibank
Nokia Internal Use Only
Oil price trend
Nokia Internal Use Only
Internal factors
Leadership
Hierarchy
Bureaucracy
Competitivenes
s
Responsiveness
Nokia Internal Use Only
A Challenging
time is an
opportunity to
change the
Nokia Internal Use Only
What is the alternative to
GROWTH?
Nokia Internal Use Only
6 principles for
sustaining growth in
challenging times
Nokia Internal Use Only
1. Back to Basics
Nokia Internal Use Only
2. Right sizing the Cost base
Nokia Internal Use Only
3. Focus on
Top Customers
Nokia Internal Use Only
4. Cash is KING
Nokia Internal Use Only
5. The Right people in your
team
Nokia Internal Use Only
6. Focus on a few right metrics
Nokia Internal Use Only
Summary
• Internal, external
factors
• 6 Thoughts for you
Nokia Internal Use Only
Thank you

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Growth in challanging time

Notes de l'éditeur

  1. Focus on long term goal, improve distribution, employ good quality people (a lot of good people are available), improve processes In cricket when the team is going through bad patch, the coach always get the players to focus on the basics.
  2. Cost cutting can never grow the business but at the same time, it is important to manage and cut wasteful expenditure
  3. In good times, managers sometimes neglect existing customers. Excessive dependence on acquiring new customers is not only expensive but also a risky strategy