10 Companies That Failed To Innovate and Change

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Nokia Oyj (ADR) (NYSE:NOK)

Speaking of squandered leads, Nokia could have adapted well in the smartphone age, with its extensive experience in offering best-selling phones. But for some reason, the phone maker ended up being a follower in the smartphone race, and made the mistake of picking Windows Phone software. The deal greatly diminished Nokia’s standing in the mobile space, making it one of the 10 companies that failed to innovate and change.

10 Companies That Failed To Innovate and Change

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