When Technology Moves On: Nokia and the Loss of a Manager
One of the most important factors which necessitate change is advances of the technologies used in business and production. By having decent revenue and regular customers who do business with them repeatedly, some business owners grow complacent and avoid adapting themselves. These business owners find it hard to cope with or incorporate latest yet useful technology into their businesses then have themselves to blame in future.
Technology can be destructive and it may take you out of the industry following the slightest negligence.
Nokia Corporation is an example of such failure. This company owned the major part of the mobile market for years, and consequently, it gained a prosperous income. For this reason, the managers of this company ignored the driving force for change and lagged behind the speed of changes.
Take technological advances seriously, update your technology, and broaden your horizon and long-term plans.
Sometimes, a change is necessary due to some incidents such as death of managers or employees. When you lose a manager, to replace them with a more competent manager, hire someone with a plan for your business who can defend the plan they have for the organization the same way a student defends his/her thesis in the defense session.
Sometimes, you need to hire a manager to carry out specific yet, prearranged plans. In that case, it is crucial to hire managers with a competent background and resume.
A manager with a plan is the one who can make changes.
Change in management spontaneously brings in challenges and discoordination in an organization. Therefore, those in charge of appointing a new manager must choose the best option with adequate sensitivity and fixation to minimize challenges and unnecessary hiccups in the day-to-day running of the business.