Navigating Nokias Decline: Lessons in Adaptive Leadership

Name Institutional Affiliations Date [Name] Introduction Leaders within the global business context encounter almost the same leadership challenges regardless of their defined potentials to enhance change, growth and development within an organization. A successful leader serves in the capacity of a leader and manager within an organization to enhance flow of operations. Unfortunately, leadership hiccups, comes along the way changing the embraced organizational perception affecting its brand image, performance and acceptance from the target audiences demanding abrupt creativity and defined guidance for success and sustainability from such leaders. Nokia was once a dominating giant in telecommunication markets but due to its hierarchical structure and bureaucratic decisions-making processes, it became impossible for it to respond swiftly to market changes giving its competitors like Apple and Samsung a chance to dominate such markets through customer-centric approaches grounded on innovations. To this effect, this essay will analyze Nokia problematic leadership situation that led to its decline in the cell-phone market and develop a plan for increasing its performance by utilizing five exemplary leadership practices as argued by Kouzes and Posner. While focusing on Nokia Company it is open that challenging leadership situation can have adverse effects on an organization regardless of its long well-established brand position within the markets. Nokia once dominated in the cell phone industry. It had the best brand-name that every human across the globe wished to associate with whether through an expensive or just a cheap gadget. However, by 2014, lack of creative leadership hindered Nokia pot