Wednesday, February 09, 2011

Welcome to new normal transparency

Are you and your leadership position standing on a "burning platform?" Nokia CEO Stephen Elop has posed that question internally to employees in the following memo published this morning by the Wall Street Journal: http://blogs.wsj.com/tech-europe/2011/02/09/full-text-nokia-ceo-stephen-elops-burning-platform-memo/. It lays out a ringing indictment for why the company needs to transform due to an untenable market position. More significantly, it shows how the lines of communication and disclosure have now permanently blurred. "Public" is every time you hit the send button. Ignore this reality at your peril. Or in Nokia's case, to a future potential market advantage.

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