Stephen Elop, Nokia’s chief executive, reiterated the company’s current Windows Phone-based recovery strategy, in the face of some strong criticism at the company’s annual meeting.

Elop maintained there would be no change, despite concern from shareholders at the lack of a Plan B.

“We make adjustments as we go. But it’s very clear to us that in today’s war of ecosystems, we’ve made a very clear decision to focus on Windows Phone with our Lumia product line. And it is with that that we will compete with competitors like Samsung and Android,” he said, according to various media reports.

But the lack of an alternative strategy is causing much unhappiness among shareholders, including some strong words from one shareholder, as reported by Reuters.

“You’re a nice guy … and the leadership team is doing its best, but clearly, it’s not enough,” said one shareholder, Hannu Virtanen, addressing Elop.

“Are you aware that results are what matter? The road to hell is paved with good intentions. Please switch to another road,” he said.

Actually, Nokia’s Lumia smartphones are showing signs of growth on a sequential basis, albeit slowly and from a low base. Instead the company’s most recent quarterly results showed its mass-market handsets in emerging markets suffering in the face of strong competition.