Nokia's reversal of fortune at the hands of Apple and Google underscores the fact that today's executives must rethink the concept of the corporation if they wish to operationalize the concept of core competencies.

Question

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Nokia's decline in the mobile phone market due to competition from Apple and Google illustrates the need for executives to adapt and evolve their understanding of what makes a corporation successful, including the focus on core competencies.

Nokia's Reversal of Fortune at the Hands of Apple and Google