To find new avenues of growth Nokia Corporation, a Finnish manufacturer of mobile telephones established a venturing arm, Nokia Venture Organisation which employed several teams under its umbrella. Each team was given a unique objective - either of opportunity recognition, incubation, or venture capital activity - with the overall aim of identifying and developing new business opportunities outside of the company’s current focus but are within the scope of its strategic agenda with At least ha...
BPIR Categories2.2.4 Formulate and review business unit strategy
2.2.2 Select relevant markets
12.9 Implement sustainable business strategies
11.1.3 Design capital structure