Tough times for Nokia’s Board of Directors?

It seems that the recently decision to make a strategic alliance between Nokia and Microsoft regarding Nokia’s Windows Phone 7, started some movements that doesn’t sound too great for Stephen Elop.

The Nokia shareholders and institutional investors published an hour ago an open letter where they are asking people to elect them, proposing an interesting agenda:

  • returning the company to an older market strategy
  • maintaining the ownership of software that Nokia is using
  • hiring new talented employees at the company
  • eliminating outdated and bureaucratic R&D practices like geographically distributed software development and outsourcing
  • avoiding to become a poorly differentiated OEM with only low margin

If you think that this sounds great and can’t see where the “though times” are, let’s take a closer look to what they call “concrete actions”:

  • “Immediate discharge of Stephen Elop from his duties as President and CEO of the company.”
  • “Restructure alliance with Microsoft.” By this they mean to refuse the Windows Phone 7 as Nokia’s primary phone and to produce only one, maximum two models, available only in Europe.
  • “MeeGo will be Nokia’s primary smartphone platform”. Following this they want that all MeeGo R&D to be done only in one location. Also, they want to suspend cooperation with Intel.
  • If you are hoping to get ride of Symbian, well you are hoping in vain. They want to “increase the lifespan of Symbian to a minimum of 5 years” and to focus on the share of this OS on markets like Europe, Asia or Latin America
  • “Developer strategy based on Qt with primary focus on MeeGo, but providing a credible developer story for Symbian.” There is anybody on Earth who things that something can be credible at Symbian?
  • “End of R&D outsourcing” and bring all hardware and software development in house.
  • “Immediate discharge of Tero Ojänpera, Niklas Savander and Mary McDowell from all their duties with the company.” With the mention that other members of the Nokia’s Board of Directors can be “discharged pending individual reviews”.
  • “Specific further actions related to the S40 platform.”

This open letter will be presented at the next Nokia Annual General Meeting, which will be held on Tuesday, May 3, 2011 at Helsinki Fair Centre. We’ll keep you in touch if we will find something new about this Plan B.

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