Nokia’s turnaround is one of the most dramatic corporate transformations in modern history. In 2012, the once almighty market leader in mobile devices was rapidly running out of cash. Most investors had written it off altogether. Yet Nokia managed to defy the odds and, under Risto’s chairmanship, is now at the forefront of network technology. This first-hand account reads like a thriller, with behind-thescenes descriptions of the company’s collapse, the courageous decision to shift direction and Nokia’s astonishing reinvention.
Along the way, Risto shares survival strategies and change-management methods he learned by leading through crisis. He explains how the power of paranoid optimism and the precepts of “Entrepreneurial Leadership” build sustainable success. His thoughtful reflections provide tangible lessons for any leader, and his leadership principles apply in both good and tough times.