Nokia

Flexibility. If you land in a good tribe, then your job can be exciting. The chance to pursue your interests, if your superiors support you, is possible.

Competition is discouraged (almost everyone gets small incentives regardless of their impact/efforts).

High bureaucracy.

Job grade and overall promotion is many times done in an unfair manner (not considering the employees' skills).

Ambiguous working culture (the company wants to be innovative without promoting technical knowledge).

Stop promoting useless ideologies and focus on what makes a company great.

Get rid of people without vision, that make bad decisions at the mid-management level.

Focus on technical knowledge and don't allow anyone without it to achieve a managerial position.