Nokia has successfully leveraged upon its human resources to boost its performance. The company has the 40% share of the mobile phone handset market and management of the company has admitted that it is due to ‘The Nokia Way – the companys HRM strategy. This report looks at the overall HRM strategy employed by the company and then focuses upon the HR practices and activities in the areas of Performance Management, Reward Systems and Motivational Techniques. The report concludes with recommendations on the basis of the analysis of HRM strategy and activities of Nokia globally.
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