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HOW YOU THINK IS EVERYTHING Stay Mobile -- And Profit.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
Byline: Cord Cooper
1 Despite challenges the last three years, communications giant Nokia has stayed atop the mobile phone industry by sticking with a powerful business plan: constant renewal.
Though the firm is 138 years old and has morphed into a technology giant, it doesn't think big. It doesn't dwell on tradition. It thinks small. It thinks new. It thinks next.
Take the 2002 overhaul of the mobile phones division. It was divided into several independent teams, each with a different focus.
Why? To put the high beams on innovation.
Nokia paired its best and brightest with the projects that most interested them. The result boosted …
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