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

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

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The great Nokia turnaround―universal business lessons for leaders in any industry Nokia once dominated the smartphone industry. It was to mobile phones was Kleenex is to facial tissues. Then iPhones and Androids appeared out of nowhere and pushed Nokia off the cliff. In just four years, the company lost over 90 percent of its value. Revenues were in freefall; massive layoffs became common. Pundits predicted that bankruptcy wasn’t a matter of if, it was a matter of when.

Then something equally shocking occurred. In record time, Nokia bounced back. With a vengeance. Nokia reinvented itself and is now the second-biggest player in the $100 billion-dollar global wireless market.

In Transforming Nokia , the man who orchestrated and led Nokia’s comeback―Chairman of the Board Risto Siilasmaa―reveals the story of Nokia’s fall and resurrection. He reveals the inside story of the collapse and provides survival strategies and change-management methods any business leader can take to the bank. You’ll learn how to harness the power of what Siilasmaa calls “paranoid optimism” and apply his winning entrepreneurial leadership model to rise above any challenge and drive sustainable success.

Whether you lead a team or a corporate division, head a start-up or a massive organization, and whether your business is on the rocks or running smoothly, Transforming Nokia provides everything you need to sharpen your foresight, expand your options, seize opportunities, and thrive, no matter what changes tomorrow brings.

Details of Book

ISBN13: 9781260128727
ISBN10: 1260128725
Language: English
Publisher: Mcgraw Hill
Publication Year: 2018
Format: Hardcover

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Leadership lesson from Nokia's dramatic turnaround story.

  • Who is this book for?

    If you're interested in bold leadership and innovative change, this book offers an inspiring glimpse into Nokia's comeback. It dives into how embracing 'paranoid optimism' can equip you to navigate and thrive through colossal industry shifts. Risto Siilasmaa's insights might just give you the tools to transform your own challenges into opportunities for growth.

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