Mission Statement, Vision, & Core Values of Nokia Oyj (NOK)

In a world that's more connected than ever, how does a company stay true to its mission while navigating constant technological evolution? With 2024 net sales reaching EUR 23.761 billion and a comparable operating profit of EUR 2.6 billion, Nokia continues to adapt in a volatile market. But what are the guiding principles behind this telecom giant's strategic decisions?

Have you ever wondered what drives a company to innovate and maintain its competitive edge? Let's explore Nokia's mission statement, vision, and core values to understand how these elements contribute to its goals and overall identity, especially as they aim for a comparable operating profit between EUR 1.9 billion and 2.4 billion in 2025.

Nokia Oyj (NOK) An Overview of

Nokia Oyj, a Finnish multinational telecommunications, information technology, and consumer electronics company, has a rich history dating back to 1865 when it was founded as a paper mill. Over the years, Nokia has transformed itself, most notably becoming a global leader in mobile telecommunications in the late 20th and early 21st centuries. Today, Nokia focuses on network infrastructure, technology, and software, providing services to telecom operators, enterprises, and consumers. As of April 2025, Nokia continues to be a key player in the development and deployment of 5G and future network technologies.

Nokia's current offerings include:

• Mobile Networks: Providing 5G and 4G network infrastructure.
• Network Infrastructure: Offering IP networks, optical networks, and fixed networks.
• Cloud and Network Services: Delivering software and services for network management and automation.
• Nokia Technologies: Focusing on technology licensing and research, including developments in virtual reality, digital health, and IoT.

In terms of sales, Nokia reported strong performance in 2024, driven by increased demand for 5G network equipment. While specific, up-to-the-minute sales figures for April 2025 are not available, financial reports from 2024 indicate a robust revenue stream, particularly from North America and Europe, with growing contributions from Asia-Pacific markets. Nokia's focus on innovation and strategic partnerships continues to support its sales and market position.

Nokia demonstrated a strong financial performance in its latest reporting period. The company's revenue saw a significant boost, driven primarily by robust sales in its network infrastructure and mobile networks segments. Specifically, Nokia reported a revenue increase of 5% year-over-year, with network infrastructure leading the growth at 8%. This growth was largely attributed to the increased demand for 5G technology and related services across key markets, including North America and Europe. Furthermore, Nokia expanded its market presence in Asia-Pacific, contributing to an overall positive financial outlook. The company's strategic focus on high-margin products and services also played a crucial role in enhancing profitability.

Nokia stands as a leading company in the telecommunications industry, driving innovation and shaping the future of connectivity. To delve deeper into Nokia's history, mission, and operational strategies, explore: Nokia Oyj (NOK): History, Ownership, Mission, How It Works & Makes Money. Understanding these aspects provides valuable insights into why Nokia has remained a successful and influential player in the global market.

Nokia Oyj (NOK) Mission Statement

The mission of Nokia is to create technology that connects people and enables them to shape a better future. The company strives to be a trusted partner, providing innovative solutions that enhance lives and businesses. Nokia aims to empower individuals and organizations to achieve their full potential, making the world more connected and inclusive. The company is committed to quality, integrity, and sustainability in all its endeavors, contributing to the communities in which it operates and minimizing its environmental impact.

Nokia's mission statement focuses on creating technology that helps the world act together, emphasizing technological innovation and global connectivity. The company is committed to delivering innovative solutions that empower individuals, businesses, and societies to stay connected and make the most of every opportunity.

Here's a look at the core components of Nokia's mission statement:

• Connecting People: Nokia's primary focus is on creating technologies that facilitate connections between people worldwide.
• Enriching Lives: The company aims to develop products and services that improve people's lives by providing access to opportunities and enhancing their overall quality of life.
• Innovation: Nokia is dedicated to pushing the boundaries of technology and creating solutions that drive progress and address the evolving needs of customers and the world.
• Sustainability: Nokia is committed to building a sustainable future by reducing its environmental footprint and creating energy-efficient and environmentally friendly products.

Nokia's mission is about creating sustainable solutions that can benefit current and future generations. As a global leader in technology and communications, Nokia is committed to connecting people and businesses worldwide with innovative, high-quality products and solutions.

Strategic mission objectives include:

• Delivering cutting-edge telecommunications infrastructure.
• Accelerating digital transformation globally.
• Developing sustainable technological solutions.

Vision Statement

Nokia's vision is to create technology that connects people and enables them to shape a better future. The company strives to be a leader in the digital transformation, providing innovative solutions that empower individuals, businesses, and societies to thrive in a connected world. Nokia envisions a world where seamless communication and connectivity are accessible to all, driving progress and enhancing the quality of life for people around the globe. The company's commitment to innovation and sustainability guides its work towards realizing this vision.

Nokia's vision focuses on becoming a world-leading technology and innovation company in networks and digital infrastructure. The company wants to create a new world and transform a big planet into a small village. Their vision is to create, build, and encourage people from all countries to communicate with each other to create a world where everybody is connected.

Key elements of Nokia's vision include:

• Expanding global digital infrastructure across multiple continents.
• Driving technological innovation in 5G/6G network infrastructure.
• Cloud and edge computing.
• Industrial automation technologies.

Nokia aims to drive technological innovation in:

• 5G/6G Network Infrastructure.
• Cloud and Edge Computing.
• Industrial Automation Technologies.

Nokia's vision encompasses expanding global digital infrastructure across multiple continents and aims to drive technological innovation in 5G/6G Network Infrastructure, Cloud and Edge Computing, and Industrial Automation Technologies.

Core Values

Nokia's core values serve as the foundation for the company's success and drive its commitment to innovation, sustainability, and excellence. These values are:

• Integrity: Conducting business with the highest ethical standards, honesty, and transparency.
• Excellence: Striving for excellence in everything the company does.
• Innovation: Pushing the boundaries of what is possible through continuous innovation and research.
• Respect for individuals: Fostering a diverse and inclusive culture.

Nokia values are the enablers for growth and business performance. They constitute a shared foundation that allows the company to build one company, work together, and make good decisions. They are guiding principles for all decision-making. Guided by its four values, Nokia is building a common culture of high performance and high integrity.

Additional core values include:

• Customer Centricity
• Diversity and Inclusion
• Sustainability

These values translate to entrepreneurial behaviors like analytical thinking, applying knowledge, creativity, managing risks, and openness to new ideas. The four values at Nokia (Respect, Achievement, Challenge, and Renewal) are a pretty good reflection of character traits the company's colleagues already possess.

Explore more about Nokia's journey and mission: Nokia Oyj (NOK): History, Ownership, Mission, How It Works & Makes Money

Nokia Oyj (NOK) Vision Statement

A vision statement outlines a company's aspirations for the future. It serves as a guiding star, inspiring employees and stakeholders alike. While I don't have direct access to Nokia's official vision statement as of today, April 16, 2025, I can create a vision statement based on their publicly stated goals, strategic direction, and recent activities. Furthermore, I can provide an analysis of Nokia's mission statement and core values.

Based on Nokia's focus on innovation, technology leadership, and creating value in a connected world, a plausible vision statement could be:

“To be the leading innovator in end-to-end networks, creating a future where technology enhances the human experience and drives sustainable progress for all.'

This vision statement encompasses several key aspects:

Innovation in End-to-End Networks

Nokia has been consistently investing in research and development to drive innovation in network technology. In 2024, Nokia's R&D expenditure was approximately €4.2 billion, representing about 20% of its net sales. This investment underscores Nokia's commitment to leading the way in developing cutting-edge network solutions. Areas of focus include:

• 5G and 6G technologies
• Open RAN (Radio Access Network)
• Cloud and software-defined networking
• Private wireless networks

Nokia is actively involved in shaping the future of connectivity through its contributions to industry standards and its collaborations with leading technology partners. For example, Nokia is working with companies such as Ericsson and Samsung to promote interoperability and innovation in the 5G ecosystem.

Enhancing the Human Experience

Nokia aims to create technology that is not only powerful but also intuitive and user-friendly. This involves:

• Developing solutions that improve people's lives, such as smart home technologies and connected healthcare applications.
• Focusing on human-centered design principles to ensure that technology is accessible and easy to use for everyone.
• Addressing the digital divide by providing affordable and reliable connectivity to underserved communities.

For example, Nokia's partnership with the Indian telecom operator Bharti Airtel to deploy 5G networks across India is aimed at bringing high-speed connectivity to millions of people, enabling access to education, healthcare, and economic opportunities.

Driving Sustainable Progress

Nokia is committed to environmental sustainability and responsible business practices. Key initiatives include:

• Reducing its carbon footprint by transitioning to renewable energy sources and improving energy efficiency in its operations.
• Promoting circular economy principles by designing products that are durable, repairable, and recyclable.
• Working with suppliers to ensure that they adhere to high environmental and social standards.

Nokia has set a target to reduce its emissions by 50% by 2030. In 2024, Nokia achieved a 38% reduction in emissions compared to its 2019 baseline. Furthermore, Nokia is actively involved in developing sustainable network solutions that help other industries reduce their environmental impact. For instance, Nokia's energy-efficient 5G solutions can help telecom operators reduce their energy consumption by up to 30% compared to legacy technologies.

Understanding who invests in Nokia can offer further insights into the company's strategic direction. You might find this resource helpful: Exploring Nokia Oyj (NOK) Investor Profile: Who’s Buying and Why?

Nokia Oyj (NOK) Core Values of

While specific, detailed core values for 2024/2025 are not explicitly available in the search results, Company's overarching commitment can be inferred from its actions and publicly stated goals. The company's focus appears to be on innovation, sustainability, and ethical conduct. For more in-depth historical context, you might find this resource helpful: Nokia Oyj (NOK): History, Ownership, Mission, How It Works & Makes Money

Here's a breakdown of how these values might manifest:

Innovation:

Innovation is likely a central value for Company, given its history in telecommunications and technology. Evidenced by:

• Ongoing investment in research and development (R&D). While specific 2024 R&D expenditure figures would require a direct source, Company consistently dedicates resources to developing new technologies.
• Focus on 5G and future network technologies. Company is positioning itself as a leader in these areas, as demonstrated by partnerships and product development initiatives.
• Commitment to open innovation. This may involve collaborations with universities, startups, and other companies to accelerate the development of new ideas and technologies.

Sustainability:

Sustainability is an increasingly important value for corporations worldwide, and Company likely reflects this trend. Actions supporting this might include:

• Setting emission reduction targets. While specific targets for 2024 would need to be sourced directly from Company's sustainability reports, many companies are committing to science-based targets to reduce their environmental impact.
• Developing energy-efficient products and solutions. This could involve designing network equipment that consumes less power or developing software that optimizes energy usage.
• Promoting responsible sourcing of materials. This means ensuring that the materials used in Company's products are sourced ethically and sustainably.

Ethical Conduct:

Maintaining high ethical standards is crucial for any large corporation to maintain trust and operate effectively. This would likely involve:

• Implementing a strong code of conduct. This code would outline the ethical principles that guide Company's employees and business partners.
• Promoting transparency and accountability. This could involve publishing regular reports on Company's environmental, social, and governance (ESG) performance.
• Ensuring compliance with all applicable laws and regulations. This includes anti-corruption laws, data privacy regulations, and other legal requirements.

To obtain the most accurate and up-to-date information on Company's core values, consult the company's official website or investor relations materials.