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

  • 5h 37m
  • Risto Siilasmaa
  • McGraw-Hill
  • 2019

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.

About the Author

Risto Siilasmaa, Chairman of Nokia, led the company in one of the most successful corporate reinventions ever. The legendary transactions he helped negotiate in just two years―the purchase of complete ownership of NSN, the sale of Nokia’s core mobile phone business to Microsoft, and the acquisition of Alcatel-Lucent―pulled Nokia off a trajectory of certain failure and put it on the path to becoming what it is today, one of the world’s most successful global technology leaders.

In this Book

  • The Nokia Magic: 1988–2008
  • Dazzled by the Sparkle: 2008
  • Mixed Signals: January 2009–July 2009
  • Placing Our Bets: September 2009–December 2009
  • Reality Bites: January 2010–August 2010
  • A New Hand on the Wheel: September 2010–January 2011
  • Tough Choices: January 2011–February 2011
  • Jumping Off a Burning Platform: February 2011–December 2011
  • Taking Charge in a Crisis: January 2012–April 2012
  • The Golden Rules: May 2012–June 2012
  • Plan B . . . and Plan C and Plan D: June 2012–December 2012
  • Can this Marriage be Saved?: January 2013–April 2013
  • Hitting "Restart"—Again and Again: April 2013–June 2013
  • Bold Moves can be your Best Bet: April 2013–July 2013
  • Doing the Deal: July 2013–November 2013
  • A Recipe for Reinvention: September 2013–December 2013
  • Leading with a Foot in Two Worlds: January 2014–April 2014
  • The Foundation for Our Future: October 2013–January 2016
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