Cover art for Transforming NOKIA: The Power of Paranoid Optimism to Lead Through Colossal Change
Published
Mcgraw Hill Education, October 2018
ISBN
9781260128727
Format
Hardcover, 336 pages
Dimensions
23.6cm × 16cm × 2.9cm

Transforming NOKIA: The Power of Paranoid Optimism to Lead Through Colossal Change

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How Nokia revived and reinvented itself into a new industry powerhouse-with leadership lessons for any company confronting massive change

In 2008, Nokia was on top of the world, dominating the mobile phone universe. Four years later, the company was on verge of extinction, unable to compete against industry behemoths Apple and Android. Today, Nokia is number two in the $100 billion-dollar global wireless market. In Transforming Nokia, Chairman of the Board Risto Siilasmaa offers his firsthand account of the company's dramatic fall and astonishing turnaround. He reveals the reasons for its collapse and how other leaders can avoid the same fate. He shares the survival strategies and change-management methods he learned by leading people through crisis and steering the company through its wrenching reinvention. And he explains how the power of paranoid optimism and the precepts of what he calls "Entrepreneurial Leadership" enable leaders to build sustainable success. Key lessons include:"

  • Recognize and prevent the toxicity of success.
  • Trust greases the gears and is the glue that holds everything together.
  • Be light on formality-and heavy on substance.
  • Identify when time is on your side-and when you have to act boldly.
  • Learn to be brave enough to dream big.
  • Never allow past failures-or successes-to dictate your future.
  • Being paranoid enables you to be optimistic about opportunities.
  • The more you practice, the luckier you get.

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